RE/MAX Hld

RE/MAX Holdings, Inc. engages in the provision of real estate franchise services through its subsidiaries. It operates through the following segments: Real Estate, Mortgage, Marketing Funds, and Other. The Real Estate segment is comprised of the Company’s owned and independent global franchising operations under the RE/MAX brand name and technology and data subscription for Gadberry and the First app. The Mortgage segment is comprised of the firm's mortgage brokerage franchising operations under the Motto Mortgage brand name and mortgage loan processing services and licensed software under the wemlo brand. The Marketing Funds segment is involved in the operations of the marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The Other segment focuses on the legacy operations of the booj Platform. The company was founded by David L. Liniger and Gail A. Liniger in 1973 and is headquartered in Denver, CO.

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RE/MAX reports resilient Q4 performance, eyes growth through tech

RE/MAX Holdings reported a decline in Q4 revenue but showcased strong financial performance with a focus on agent growth and technology enhancements.
The company's commitment to shareholder value, brand legacy, and operational efficiency positions it well for future growth and market resilience.
Challenges in revenue stabilization and operational efficiency require attention, while opportunities in agent expansion and innovative programs offer avenues for growth.
Overall, RE/MAX Holdings' strategic initiatives and financial performance reflect a balanced approach to navigating market dynamics and driving long-term success.

RE/MAX reports Q1 earnings, navigates challenges, eyes growth opportunities

RE/MAX Holdings' Q1 2023 earnings call highlighted solid financial performance, operational strengths, market challenges, and growth opportunities. The company is focused on long-term strategic objectives, including investments for profitable growth. Key areas of focus include agent count growth, franchise sales momentum, and technology-driven initiatives.

RE/MAX reports mixed Q2 results, focuses on global growth opportunities

RE/MAX Holdings' Q2 2023 performance showcased mixed results with notable strengths in agent count growth, mortgage business success, and strategic initiatives. The company faces challenges in revenue decline and U.S. agent count losses but has opportunities to leverage its strengths for future growth.
By focusing on expense management, tightening guidance ranges, and addressing key concerns raised by analysts, RE/MAX aims to navigate challenges effectively and capitalize on growth opportunities in its core business segments.

RE/MAX Hld reports Q3 earnings, eyes dividend reinstatement post-settlement

RE/MAX Hld focuses on long-term growth amid industry challenges. Agents reevaluate career decisions based on market conditions. CEO search nears completion, with international market comparisons discussed.

RE/MAX Hld reports Q4 revenue of $76.6M, focuses on agent growth and mortgage expansion

RE/MAX Hld (RMAX) aims to stabilize and grow its U.S. agent count, expand the mortgage business, and drive strategic growth initiatives. Despite challenges like agent departures and market headwinds, the company is optimistic about improving performance in 2024. Opportunities for revenue growth and efficiency enhancements are being pursued through innovative technology and operational changes.

RE/MAX reports solid Q1 earnings, eyes growth amidst industry changes

RE/MAX Holdings delivered strong financial results and agent performance in Q1 2024, showcasing resilience amidst industry challenges and emphasizing growth opportunities.
Management's focus on agent support, adaptability, and financial performance underscores a strategic approach to navigating market dynamics and driving sustainable growth.
Despite challenges like the NAR settlement and macroeconomic conditions, RE/MAX remains optimistic about growth prospects and franchise expansion, aiming for continued success.

RE/MAX reports strong Q2 performance, eyes international growth opportunities

RE/MAX Holdings demonstrated resilience and adaptability in Q2 2024, leveraging strategic initiatives to drive growth and improve financial performance.
While facing challenges in certain market segments, the company's focus on innovation, agent support, and cost management positions it well for future opportunities.
By prioritizing cash reserves, reducing leverage, and exploring new markets, RE/MAX is poised to capitalize on emerging trends and solidify its market position.

RE/MAX Hld posts strong Q3 earnings, eyes growth opportunities

RE/MAX Holdings reported robust financial performance in Q3 2024, with revenue exceeding expectations and notable improvements in EBITDA margin. Despite challenges in the mortgage business, the company remains optimistic about the future and is focused on enhancing customer experience. Strong franchise sales and market share gains in Canada and internationally highlight growth potential for RE/MAX.

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RE/MAX Holdings, Inc. engages in the provision of real estate franchise services through its subsidiaries. It operates through the following segments: Real Estate, Mortgage and Marketing Funds. The Real Estate segment consists of the company’s owned and independent global franchising operations under the RE/MAX brand name and technology and data subscription for Gadberry and the First app. The Mortgage segment consists of the firm's mortgage brokerage franchising operations under the Motto Mortgage brand name and mortgage loan processing services and licensed software under the wemlo brand. The Marketing Funds segment is involved in marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The company was founded by David L. Liniger and Gail A. Liniger in 1973 and is headquartered in Denver, CO.

Advertisers and strategic partners can now reach previously untapped homebuying and selling audiences with digital and offline initiatives spanning mobile, desktop, email, social media, and experiential. DENVER , Dec. 18, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., has announced a groundbreaking initiative supported by media agency Kontrol Media, that positions RE/MAX, LLC as the first real estate brand to launch a commerce media network.

RE/MAX HOLDINGS LAUNCHES THE RE/MAX MEDIA NETWORK, THE FIRST IN REAL ESTATE

Year-Over-Year Gains Highlight Market Resilience Amid Seasonal Slowdown DENVER , Dec. 16, 2024 /PRNewswire/ -- November home sales finished 6.3% above a year ago, marking the seventh time a 2024 month has topped its 2023 counterpart. At the same time, sales dropped 11.6% from October, reflecting the typical year-end slowdown.

RE/MAX NATIONAL HOUSING REPORT FOR NOVEMBER 2024

RE/MAX continues to perform resiliently despite a tough housing market. Lower operating expenses offset declining revenues, maintaining profitability. DOJ's challenge of buyer-broker agreements is arguably a bad idea for the entire real estate brokerage industry.

RE/MAX Holdings: Profitability Still Intact

SoFi Technologies

Zillow

After a few months of weakening data, home sales reports finally ticked higher, giving investors new hope for a rebound in the real estate sector. However, there is no reason to start celebrating yet, as other factors and themes need to fall back into line before the skies are clear for the industry.

Home Sales Are Rising, But Who Stands to Benefit the Most?

The brand's elite producers gather to mastermind ideas, exchange referrals,build relationships and celebrate their accomplishments  DENVER , Nov. 25, 2024 /PRNewswire/ -- RE/MAX, LLC, the #1 name in real estate** recently hosted the 2024 RE/MAX Elite Retreat, an exceptional event that brings together the brand's top-producing agents for masterminds, panel discussions and celebrations of their impressive sales success. This year's retreat emphasized productivity and the power of professional relationships, making it a truly unique experience for the network's top achievers.

Elite Event Brings Together the Most Productive Agents from RE/MAX, the Most Productive Real Estate Network in the World*

DENVER , Nov. 15, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., announced today that Chief Executive Officer Erik Carlson and Chief Financial Officer Karri Callahan are scheduled to appear at the Stephens Annual Investment Conference on Tuesday, November 19, 2024, at 12:00 p.m. CST. A link to the live webcast of the Fireside Chat, as well as the replay, will be available at https://investors.remaxholdings.com.

RE/MAX HOLDINGS, INC. TO PARTICIPATE IN STEPHENS ANNUAL INVESTMENT CONFERENCE | NASH2024

Home Sales Were Unseasonably Strong While Inventory Climbed DENVER , Nov. 14, 2024 /PRNewswire/ -- October home sales bucked seasonal trends and posted a 6.7% increase over September and were 8.4% higher year-over-year. Year to date, 2024 home sales have exceeded 2023 levels in six of 10 months.

RE/MAX NATIONAL HOUSING REPORT FOR OCTOBER 2024

Anywhere Real Estate Inc

After decades of watching housing markets ebb and flow, I can tell you that today's real estate market presents a fascinating mix of challenges and opportunities. Let us cut through the noise and look at what is really happening on the ground.

2 Stocks To Buy For A Surging Housing Market

RE/MAX Holdings, Inc. (RMAX) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Andy Schulz - Senior Vice President, Investor Relations Erik Carlson - Chief Executive Officer Karri Callahan - Chief Financial Officer Amy Lessinger - President Ward Morrison - President and Chief Executive Officer, Motto Mortgage and wemlo Conference Call Participants Ryan McKeveny - Zelman & Associates John Campbell - Stephens Anthony Paolone - J. P. Morgan Tommy McJoynt - KBW Ronald Kamdem - Morgan Stanley Operator Good morning, and welcome to the RE/MAX Holdings Third Quarter 2024 Earnings Conference Call and Webcast.

RE/MAX Holdings, Inc. (RMAX) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for RE/MAX (RMAX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

RE/MAX (RMAX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

RE/MAX (RMAX) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.40 per share a year ago.

RE/MAX (RMAX) Q3 Earnings Surpass Estimates

Total Revenue of $78.5 Million, Adjusted EBITDA of $27.3 Million DENVER , Oct. 31, 2024 /PRNewswire/ --   Third Quarter 2024 Highlights (Compared to third quarter 2023 unless otherwise noted) Total Revenue decreased 3.4% to $78.5 million Revenue excluding the Marketing Funds1 decreased 3.3% to $58.4 million, driven by negative 3.0% organic growth2 and 0.3% adverse foreign currency movements Net income attributable to RE/MAX Holdings, Inc. of $1.0 million and earnings per diluted share (GAAP EPS) of $0.05 Adjusted EBITDA3 increased 2.0% to $27.3 million, Adjusted EBITDA margin3 of 34.8% and Adjusted earnings per diluted share (Adjusted EPS3) of $0.38 Total agent count increased 174 agents, or 0.1%, to 145,483 agents U.S. and Canada combined agent count decreased 4.4% to 78,201 agents Total open Motto Mortgage franchises decreased 3.3% to 234 offices4 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first and only national mortgage brokerage franchise brand in the U.S., today announced operating results for the quarter ended September 30, 2024.  "We continue to drive operational efficiency across the enterprise, which helped generate better-than-forecasted third-quarter financial results," said Erik Carlson, RE/MAX Holdings Chief Executive Officer.

RE/MAX HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS

Ranked #14 overall on the 2024 list, RE/MAX is recognized for its global systemwide sales DENVER , Oct. 29, 2024 /PRNewswire/ -- RE/MAX, LLC, the #1 name in real estate1, is ranked #1 among real estate brands on the 2024 Franchise Times Top 400, an exclusive annual list of the largest U.S.-based franchise systems by global systemwide sales. Overall, RE/MAX proudly holds the #14 spot.

RE/MAX Revealed as #1 Real Estate Brand on Franchise Times Top 400 for 16th Consecutive Year

The fourth annual weeklong, philanthropic event drew participation from affiliates around the world DENVER , Oct. 24, 2024 /PRNewswire/ -- RE/MAX, LLC, the #1 name in real estate1, proudly launched its 2024 Global RE/MAX Week, October 6-12. The annual initiative, now in its fourth year, showcased the extensive reach of the network's more than 140,000 agents and presence in over 110 countries and territories, highlighting the commitment RE/MAX affiliates have to giving back to the communities in which they live and serve.

RE/MAX Affiliates Make Worldwide Impact by Giving Back During Global RE/MAX Week

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing REMAX (RMAX) Right Now?

Kennedy-Wilson Holdings

Newmark Group

Real Estate Operations industry players like NMRK, KW and RMAX are poised to gain from outsourcing real estate services and easing monetary policy.

3 Stocks to Buy on the Real Estate Operations Industry's Recovery

Inventory Grows as Home Sales Cool, Prices Dip Slightly DENVER , Oct. 15, 2024 /PRNewswire/ -- The number of homes for sale climbed for the seventh consecutive month across the 52 metro areas surveyed – 6.4% higher than August and 33.6% above September 2023 levels. New listings also increased 9.7% compared to September 2023.

RE/MAX NATIONAL HOUSING REPORT FOR SEPTEMBER 2024

DENVER , Oct. 10, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter ended September 30, 2024, after market close on Thursday, October 31, 2024, and will host a conference call and webcast for interested parties on Friday, November 1, 2024, at 8:30 a.m. Eastern Time.

RE/MAX HOLDINGS, INC. TO RELEASE THIRD QUARTER 2024 RESULTS ON OCTOBER 31, 2024

RE/MAX (RMAX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover RE/MAX (RMAX)

New Listings Pick Up, While Fewer Homes Sell and For Less DENVER , Sept. 16, 2024 /PRNewswire/ -- August's new listings inched up 1.6% over the previous month after decreasing 9.4% in July and 5.2% in June.

RE/MAX NATIONAL HOUSING REPORT FOR AUGUST 2024

Is REMAX (RMAX) Stock Undervalued Right Now?

RE/MAX (RMAX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

RE/MAX (RMAX) Soars 17.3%: Is Further Upside Left in the Stock?

Should Value Investors Buy REMAX (RMAX) Stock?

Fast-paced Momentum Stock RE/MAX (RMAX) Is Still Trading at a Bargain

The addition of Inside Real Estate's best-in-class back-office suite, enhanced for RE/MAX® brokerages, transforms MAX/Techsm into a comprehensive and fully integrated end-to-end platform . DENVER , Aug. 20, 2024 /PRNewswire/ -- RE/MAX, LLC, a global leader in residential real estate, is significantly enhancing the value of its technology through an expanded strategic partnership with Inside Real Estate.

News for RE/MAX Hld Stock (RMAX)