Re/Max (RMAX) Scheduled to Post Quarterly Earnings on Thursday

Re/Max (NYSE:RMAX) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, February 21st. Analysts expect Re/Max to post earnings of $0.41 per share for the quarter.

RMAX opened at $40.22 on Thursday. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 3.17. The stock has a market cap of $701.85 million, a P/E ratio of 21.51, a price-to-earnings-growth ratio of 2.73 and a beta of 0.92. Re/Max has a twelve month low of $27.84 and a twelve month high of $61.27.

A number of brokerages recently weighed in on RMAX. Morgan Stanley upgraded shares of Re/Max from an “equal weight” rating to an “overweight” rating and set a $36.00 price target for the company in a research note on Monday, November 19th. Zacks Investment Research cut shares of Re/Max from a “hold” rating to a “sell” rating in a research report on Friday, November 9th. Stephens reduced their price target on shares of Re/Max from $60.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Monday, November 5th. Bank of America lowered shares of Re/Max to a “sell” rating and set a $56.00 price objective on the stock. in a research note on Thursday, December 20th. Finally, Compass Point began coverage on shares of Re/Max in a research note on Thursday, January 24th. They issued a “neutral” rating and a $40.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Re/Max presently has a consensus rating of “Hold” and a consensus price target of $52.33.

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About Re/Max

RE/MAX Holdings, Inc operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company offers its real estate franchise services under the RE/MAX brand name; and mortgage brokerage services under the Motto Mortgage brand. The company was founded in 1973 and is headquartered in Denver, Colorado.

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Earnings History for Re/Max (NYSE:RMAX)

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