During the last session, RE/MAX Holdings Inc (NYSE:RMAX)’s traded shares were 0.75 million, with the beta value of the company hitting 1.36. At the end of the trading day, the stock’s price was $9.48, reflecting an intraday gain of 9.47% or $0.82. The 52-week high for the RMAX share is $19.74, that puts it down -108.23 from that peak though still a striking 26.79% gain since the share price plummeted to a 52-week low of $6.94. The company’s market capitalization is $178.70M, and the average intraday trading volume over the past 10 days was 0.22 million shares, and the average trade volume was 259.10K shares over the past three months.
RE/MAX Holdings Inc (RMAX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.57. RMAX has a Sell rating from 1 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
RE/MAX Holdings Inc (NYSE:RMAX) trade information
RE/MAX Holdings Inc (RMAX) registered a 9.47% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.47% in intraday trading to $9.48, hitting a weekly high. The stock’s 5-day price performance is 3.27%, and it has moved by 10.49% in 30 days. Based on these gigs, the overall price performance for the year is -50.60%. The short interest in RE/MAX Holdings Inc (NYSE:RMAX) is 0.9 million shares and it means that shorts have 3.9 day(s) to cover.
The consensus price target of analysts on Wall Street is $9, which implies a decrease of -5.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $34 respectively. As a result, RMAX is trading at a discount of -258.65% off the target high and 26.16% off the low.
RE/MAX Holdings Inc (RMAX) estimates and forecasts
Statistics show that RE/MAX Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. RE/MAX Holdings Inc (RMAX) shares have gone down -4.72% during the last six months, with a year-to-date growth rate less than the industry average at -8.09% against 3.50.
While earnings are projected to return -8.73% in 2024.
RMAX Dividends
Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for RE/MAX Holdings Inc is 0.23, with the dividend yield indicating at 2.43 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.0%.
RE/MAX Holdings Inc (NYSE:RMAX)’s Major holders
RE/MAX Holdings Inc insiders own 12.38% of total outstanding shares while institutional holders control 87.39%, with the float percentage being 99.74%. MAGNOLIA GROUP, LLC is the largest shareholder of the company, while 160.0 institutions own stock in it. As of 2024-03-31, the company held over 3.04 million shares (or 16.7731% of all shares), a total value of $26.64 million in shares.
The next largest institutional holding, with 1.48 million shares, is of BLACKROCK INC.’s that is approximately 8.1537% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $12.95 million.
