RE/MAX Holdings (RMAX) Earns Daily News Sentiment Score of 0.11
Press coverage about RE/MAX Holdings (NYSE:RMAX) has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RE/MAX Holdings earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.9051410627986 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- RE/MAX Holdings, Inc. (RMAX) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Re/Max : RM LAW Announces Investigation of RE/MAX Holdings, Inc. (4-traders.com)
- RMAX INVESTOR ALERT: Law Offices Of Howard G. Smith Continues Investigation On Behalf Of RE/MAX Holdings, Inc. Investors (thestreet.com)
- RMAX Law Offices of Howard G. Smith Continues Investigation on Behalf of RE/MAX Holdings, Inc. Investors (4-traders.com)
A number of equities research analysts have issued reports on the company. BidaskClub upgraded RE/MAX Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Zacks Investment Research upgraded RE/MAX Holdings from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Wednesday. Stephens cut RE/MAX Holdings from an “overweight” rating to an “equal weight” rating and set a $66.00 target price on the stock. in a research note on Monday, August 7th. Finally, Piper Jaffray Companies began coverage on RE/MAX Holdings in a research note on Thursday, September 28th. They issued an “overweight” rating and a $69.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $63.17.
Shares of RE/MAX Holdings (NYSE:RMAX) opened at $52.65 on Thursday. RE/MAX Holdings has a one year low of $47.38 and a one year high of $67.50. The company has a current ratio of 10.83, a quick ratio of 10.83 and a debt-to-equity ratio of 3.29. The firm has a market cap of $943.20, a PE ratio of 29.13, a P/E/G ratio of 3.98 and a beta of 0.93.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Tuesday, November 14th. RE/MAX Holdings’s dividend payout ratio is currently 54.96%.
About RE/MAX Holdings
RE/MAX Holdings, Inc is a franchisor in the real estate industry, franchising real estate brokerages around the world under the RE/MAX brand and mortgage brokerages within the United States under the Motto Mortgage brand. The Company is a franchised business, with all of the RE/MAX branded brokerage office locations being operated by franchisees, including RE/MAX, LLC, which owns the RE/MAX brand, and sells franchises and franchising rights; Independent Regional Franchise Owner, which owns rights to sell brokerage franchises in a specified region; Franchisee (or Broker-Owner), which operates a RE/MAX-branded brokerage office, lists properties and recruits agents, and Agent (or Sales Associate), including branded independent contractors operating out of local franchise brokerage offices.
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