Headlines about RE/MAX Holdings (NYSE:RMAX) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RE/MAX Holdings earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.0853987205683 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of RE/MAX Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Piper Jaffray Companies assumed coverage on shares of RE/MAX Holdings in a research report on Thursday, September 28th. They issued an “overweight” rating and a $69.00 target price on the stock. BidaskClub raised shares of RE/MAX Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Craig Hallum assumed coverage on shares of RE/MAX Holdings in a research report on Wednesday, August 30th. They issued a “buy” rating and a $75.00 target price on the stock. Finally, Stephens downgraded shares of 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 report on Monday, August 7th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. RE/MAX Holdings presently has a consensus rating of “Hold” and an average price target of $64.67.

Shares of RE/MAX Holdings (RMAX) traded up 1.28% during trading on Tuesday, reaching $67.00. 67,557 shares of the company were exchanged. The firm has a market capitalization of $1.19 billion, a P/E ratio of 50.83 and a beta of 0.93. RE/MAX Holdings has a 1-year low of $41.70 and a 1-year high of $67.25. The firm’s 50 day moving average is $62.56 and its 200 day moving average is $58.61.

RE/MAX Holdings (NYSE:RMAX) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. RE/MAX Holdings had a return on equity of 79.94% and a net margin of 12.45%. The company had revenue of $48.82 million for the quarter, compared to analyst estimates of $48.29 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities analysts anticipate that RE/MAX Holdings will post $1.90 EPS for the current fiscal year.

In other RE/MAX Holdings news, President Geoffrey D. Lewis sold 1,200 shares of RE/MAX Holdings stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $60.00, for a total value of $72,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.58% of the stock is owned by insiders.

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RE/MAX Holdings Company Profile

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.

Insider Buying and Selling by Quarter for RE/MAX Holdings (NYSE:RMAX)

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