RE/MAX Holdings, Inc. (NYSE:RMAX) is expected to pay $0.15 on Dec 1, 2016. The indicated annual dividend is $0.60. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on RE/MAX Holdings, Inc.’s current price of $49.15, the dividend is 0.31%. This dividend’s record date is Nov 17, 2016 and the announcement date is Nov 4, 2016. The stock increased 0.31% or $0.15 on November 11, hitting $49.15. Re Max Holdings Inc (NYSE:RMAX) has risen 39.55% since April 12, 2016 and is uptrending. It has outperformed by 34.57% the S&P500.
RE/MAX Holdings, Inc. is a franchisor of real estate brokerage services. The company has a market cap of $869.94 million. The Firm is engaged in the business of recruiting and retaining agents, and selling franchises. It has a 36.26 P/E ratio. The Firm operates in two divisions: Real Estate Franchise Services and Brokerages.
Insitutional Activity: The institutional sentiment decreased to 1.55 in 2016 Q2. Its down 1.39, from 2.94 in 2016Q1. The ratio is negative, as 15 funds sold all Re Max Holdings Inc shares owned while 34 reduced positions. 18 funds bought stakes while 58 increased positions. They now own 18.14 million shares or 1.53% more from 17.87 million shares in 2016Q1.
Moreover, Blackrock Institutional Trust Na has 0% invested in Re Max Holdings Inc (NYSE:RMAX) for 568,708 shares. Kayne Anderson Rudnick Mgmt Lc holds 0.71% or 1.17 million shares in its portfolio. Vanguard last reported 0% of its portfolio in the stock. The California-based Wells Fargo & Company Mn has invested 0% in Re Max Holdings Inc (NYSE:RMAX). Ny State Teachers Retirement Sys accumulated 11,130 shares or 0% of the stock. Teachers Retirement System Of The State Of Kentucky has invested 0% of its portfolio in Re Max Holdings Inc (NYSE:RMAX). Blackrock Inv Mgmt Limited Co accumulated 81,014 shares or 0% of the stock. Balyasny Asset Mngmt Limited Liability Co owns 6,818 shares or 0% of their US portfolio. Teacher Retirement Systems Of Texas has invested 0% of its portfolio in Re Max Holdings Inc (NYSE:RMAX). Secor Advsrs L P holds 0.08% of its portfolio in Re Max Holdings Inc (NYSE:RMAX) for 14,957 shares. Price T Rowe Associates Md last reported 2.42M shares in the company. Schroder Inv Management Gp last reported 11,247 shares in the company. The Florida-based Ladenburg Thalmann Financial Inc has invested 0% in Re Max Holdings Inc (NYSE:RMAX). The California-based Los Angeles And Equity Research Incorporated has invested 0.01% in Re Max Holdings Inc (NYSE:RMAX). The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Re Max Holdings Inc (NYSE:RMAX).
Insider Transactions: Since May 16, 2016, the stock had 0 insider buys, and 2 sales for $60,750 net activity. LEWIS GEOFFREY D sold $30,000 worth of Re Max Holdings Inc (NYSE:RMAX) on Wednesday, May 25. The insider Predovich Daniel J. sold 1,114 shares worth $43,535.
Re Max Holdings Inc (NYSE:RMAX) Ratings Coverage
Out of 4 analysts covering RE/MAX Holdings (NYSE:RMAX), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. RE/MAX Holdings has been the topic of 5 analyst reports since August 11, 2015 according to StockzIntelligence Inc. Wood initiated it with “Market Perform” rating and $34 target price in Thursday, March 31 report. The company was upgraded on Wednesday, November 18 by JMP Securities. The firm has “Neutral” rating by Compass Point given on Wednesday, August 19. As per Wednesday, August 19, the company rating was downgraded by Morgan Stanley. The firm has “Market Underperform” rating given on Tuesday, August 11 by JMP Securities.
More recent Re Max Holdings Inc (NYSE:RMAX) news were published by: Prnewswire.com which released: “RE/MAX Holdings, Inc. Launches Motto Mortgage” on October 25, 2016. Also Bloomberg.com published the news titled: “Re/Max Holdings Climbs on Plan to Join S&P SmallCap 600 Index” on January 27, 2016. Prnewswire.com‘s news article titled: “RE/MAX Holdings Announces Executive Management Appointments” with publication date: January 07, 2016 was also an interesting one.
RMAX Company Profile
RE/MAX Holdings, Inc., incorporated on June 25, 2013, is a franchisor of real estate brokerage services. The Firm is engaged in the business of recruiting and retaining agents, and selling franchises. The Firm operates in two divisions: Real Estate Franchise Services and Brokerages. The Real Estate Franchise Services segment comprises the activities of the Company’s owned and independent global franchising operations, and corporate-wide professional services expenses. The Brokerages segment contains the activities of its owned brokerage offices in the United States, the results of activities of a mortgage brokerage company, in which it owns a non-controlling interest and reflects the elimination of intersegment revenue and other consolidation entities. The Company’s franchisees operate under the RE/MAX brand name. In the United States and Canada, it owns over 10 of over 30 regional franchises, representing over 55% of its the United States and Canada agent count. The remaining over 20 regional franchises, representing over 45% of its the United States and Canada agent count, are Independent Regions.
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