RE/MAX Holdings, Inc. operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally. The company operates through three segments: Real Estate, Mortgage, and Marketing Funds. It offers real estate brokerage franchising services under the RE/MAX brand name; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand name; and mortgage loan processing software and services under the wemlo brand name. The company also provides BoldTrail platform, which integrates a suite of digital products that enables agents, brokers, and teams to establish, manage, and grow client relationships; and RE/MAX University platform, a learning hub designed to help each agent in their professional expertise. The company was founded in 1973 and is headquartered in Denver, Colorado.
Market Headwinds | RE/MAX grapples with declining agent counts and revenue pressures, highlighting the challenges in the current real estate landscape |
Financial Resilience | Explore RE/MAX's strategic cost management and strong cash position, which have bolstered earnings estimates despite top-line challenges |
Growth Initiatives | Delve into RE/MAX's proactive approach to internal growth, aimed at offsetting external pressures and potentially reversing agent attrition trends |
Future Outlook | Analysts maintain a cautious stance with a $10 price target, balancing RE/MAX's potential against ongoing market uncertainties and competitive pressures |
Metrics to compare | RMAX | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipRMAXPeersSector | |
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P/E Ratio | 19.9x | −7.9x | 8.9x | |
PEG Ratio | 0.18 | −0.13 | 0.01 | |
Price/Book | 0.7x | 3.8x | 0.9x | |
Price / LTM Sales | 1.0x | 0.5x | 4.0x | |
Upside (Analyst Target) | −5.9% | −7.0% | 10.9% | |
Fair Value Upside | Unlock | −11.6% | −0.5% | Unlock |