re/max was founded in 1973 by dave and gail liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. over 100,000 agents provide re/max a global reach of over 100 countries. nobody sells more real estate than re/max. re/max, llc, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of re/max holdings, inc. (nyse:rmax). with a passion for the communities in which its agents live and work, re/max is proud to have raised more than $130 million for children’s miracle network hospitals®, susan g. komen® and other charities. for more information about re/max, to search home listings or find an agent in your community, please visit www.remax.com.
Company profile
Ticker
RMAX
Exchange
CEO
Adam Contos
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Booj, LLC • First Leads, LLC • Motto Franchising, LLC • Motto Marketing Fund, LLC • RE/MAX, LLC • RE/MAX Caribbean Islands, LLC • RE/MAX Foreign Holdings, LLC • RE/MAX Integrated Regions, LLC • RE/MAX Marketing Fund, LLC • RE/MAX Ontario-Atlantic Canada, Inc. ...
IRS number
800937145
RMAX stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
8-K
Departure of Directors or Certain Officers
21 Mar 24
8-K/A
Departure of Directors or Certain Officers
13 Mar 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Re/max Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Results
22 Feb 24
8-K
Re/max, LLC Settlement Granted Preliminary Approval In Antitrust Class Action Lawsuits
20 Nov 23
8-K
Re/max Holdings, Inc. Names Erik Carlson Ceo and Board Member
13 Nov 23
Transcripts
RMAX
Earnings call transcript
2023 Q4
23 Feb 24
RMAX
Earnings call transcript
2023 Q3
3 Nov 23
RMAX
Earnings call transcript
2023 Q2
3 Aug 23
RMAX
Earnings call transcript
2023 Q1
5 May 23
RMAX
Earnings call transcript
2022 Q4
17 Feb 23
RMAX
Earnings call transcript
2022 Q3
4 Nov 22
RMAX
Earnings call transcript
2022 Q2
5 Aug 22
RMAX
Earnings call transcript
2022 Q1
29 Apr 22
RMAX
Earnings call transcript
2021 Q4
28 Feb 22
RMAX
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 120.81 mm | 120.81 mm | 120.81 mm | 120.81 mm | 120.81 mm | 120.81 mm |
Cash burn (monthly) | (no burn) | 2.37 mm | 9.66 mm | 38.75 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | 16.26 mm | 66.18 mm | 265.36 k | n/a | n/a |
Cash remaining | n/a | 104.56 mm | 54.63 mm | 120.55 mm | n/a | n/a |
Runway (months of cash) | n/a | 44.0 | 5.7 | 3110.9 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 134 |
Opened positions | 40 |
Closed positions | 23 |
Increased positions | 24 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 221.94 bn |
Total shares | 32.07 mm |
Total puts | 6.30 k |
Total calls | 11.10 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
RIHI | 12.56 mm | $483.42 mm |
Magnolia | 2.63 mm | $33.97 bn |
Magnolia Capital Fund | 2.37 mm | $0.00 |
Vanguard | 1.87 mm | $24.14 bn |
BLK Blackrock | 1.45 mm | $18.79 bn |
Dimensional Fund Advisors | 1.19 mm | $15.46 bn |
RPD Fund Management | 1.10 mm | $14.26 bn |
Renaissance Technologies | 949.80 k | $12.32 bn |
Hotchkis & Wiley Capital Management | 723.49 k | $9.36 bn |
Confluence Investment Management | 516.44 k | $6.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 7.64 | 54,000 | 412.56 k | 3,037,843 |
14 Mar 24 | Susan L Winders | Class A Common Stock | Sell | Dispose S | No | No | 8.42 | 4,299 | 36.20 k | 108,251 |
13 Mar 24 | Abigail C. Lee | Class A Common Stock | Sell | Dispose S | No | No | 8.5084 | 4,500 | 38.29 k | 89,229 |
1 Mar 24 | Ward M. Morrison | Class A Common Stock | Payment of exercise | Dispose F | No | No | 0 | 9,347 | 0.00 | 213,596 |
1 Mar 24 | Ward M. Morrison | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,879 | 0.00 | 222,943 |
1 Mar 24 | Ward M. Morrison | Class A Common Stock | Grant | Acquire A | No | No | 0 | 42,193 | 0.00 | 221,064 |
1 Mar 24 | Ward M. Morrison | Class A Common Stock | Grant | Acquire A | No | No | 0 | 63,289 | 0.00 | 178,871 |
1 Mar 24 | Abigail C. Lee | Class A Common Stock | Payment of exercise | Dispose F | No | No | 0 | 2,836 | 0.00 | 93,729 |
1 Mar 24 | Abigail C. Lee | Class A Common Stock | Grant | Acquire A | No | No | 0 | 608 | 0.00 | 96,565 |
1 Mar 24 | Abigail C. Lee | Class A Common Stock | Grant | Acquire A | No | No | 0 | 32,170 | 0.00 | 95,957 |
News
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
10 Apr 24
Morgan Stanley Maintains Underweight on RE/MAX Hldgs, Lowers Price Target to $7
10 Apr 24
Major NAR Settlement In Real Estate Litigation: Are Commissions About To Get A Lot Lower?
15 Mar 24
"Powerful Realtor Group Agrees To Slash Commissions To Settle Lawsuits; The National Association Of Realtors Will Pay $418M In Damages And Will Amend Several Rules That Housing Experts Say Will Drive Down Housing Costs" - The New York Times
15 Mar 24
JonesTrading Downgrades RE/MAX Hldgs to Hold
1 Mar 24
Press releases
RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2024
18 Apr 24
RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2024 RESULTS ON MAY 2, 2024
9 Apr 24
'Unstoppable' RE/MAX Agents Outperform Competitors 2:1 for 16th Consecutive Year
4 Apr 24
Double-digit gains in luxury home-buying activity set stage for robust spring housing market in major Canadian centres, says RE/MAX Canada
2 Apr 24
Annual RE/MAX R4 Convention Sets the Stage for Continued Innovation and Growth
28 Mar 24