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RE/MAX Closes 2023 with Highest Franchise Sales Quarter of Year
Prnewswire· 2024-03-14 12:36
Network Gains 300 New Offices in Q4, Fueled by New Franchisees Seeking Brand Power, Resources and Support DENVER, March 14, 2024 /PRNewswire/ -- RE/MAX®, the #1 name in real estate1, reported considerable sales in the fourth quarter of 2023. With a commitment to supporting franchisees and agents, RE/MAX successfully added 300 new RE/MAX offices and renewed 295 existing agreements worldwide, further solidifying its position as a global leader in the industry. The fourth quarter sales were the highest for th ...
RE/MAX Holdings: This Low Priced Stock Is My Top Turnaround Pick For 2024
Seeking Alpha· 2024-03-14 00:58
peterschreiber.media/iStock via Getty Images RE/MAX Holdings, Inc. (RMAX) is a franchisor of real estate brokerage services including mortgages under the brand Motto Mortgages. It is one of the largest brokerages, and it is a very well-known name in the industry. This company was recently voted as being the "#1 most trusted real estate agents" by consumers in the U.S. The share price, however, has not been winning awards with many investors lately as it currently trades near 52-week lows. By evaluating ...
RE/MAX Dominates Major Industry Lists, Rankings for Exceptional Business and Leadership
Prnewswire· 2024-03-07 13:35
The brand continues to be honored for excellence in real estate, securing top positions in prestigious industry lists: Inman Power Players, Swanepoel Power 200, RISMedia Newsmakers and more DENVER, March 7, 2024 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, kicked off 2024 with an impressive display of accolades, complementing its status as the #1 name in real estate1. After being voted the brand with the "#1 Most Trusted Real Estate Agents" by consum ...
RE/MAX Holdings Approaches A Bottom
Seeking Alpha· 2024-02-27 12:03
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Investment Thesis RE/MAX Holdings (RMAX) approaches a rock-bottom valuation given its disappointing fundamentals in a slow housing market. Its large debt position and an increasingly competitive market have concerned markets, and rising rates have made homes increasingly unaffordable. Despite these headwinds, I believe the company is still fundamentally strong and has strong brand recognition, an attractive franchise business model with recurr ...
RE/MAX(RMAX) - 2023 Q4 - Earnings Call Presentation
2024-02-23 18:12
Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by the use of words such as "believe," "intend," "expect," "estimate," "plan," "outlook," "project," "anticipate," "may," "will," "would" and other similar words and expressions that predict or indicate future events or trends that are not statements of histo ...
RE/MAX(RMAX) - 2023 Q4 - Earnings Call Transcript
2024-02-23 18:09
Start Time: 08:30 January 1, 0000 9:19 AM ET RE/MAX Holdings, Inc. (RMAX) Q4 2023 Earnings Conference Call February 23, 2024, 08:30 AM ET Company Participants Erik Carlson - CEO Karri Callahan - CFO Amy Lessinger - President of RE/MAX, LLC Ward Morrison - President and CEO, Motto Mortgage and wemlo Andy Schulz - SVP, IR Conference Call Participants Soham Bhonsle - BTIG Anthony Paolone - JPMorgan Thomas McJoynt - KBW Ryan McKeveny - Zelman & Associates Ronald Kamdem - Morgan Stanley John Campbell - Stephens ...
RE/MAX (RMAX) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-23 01:01
For the quarter ended December 2023, RE/MAX (RMAX) reported revenue of $76.6 million, down 5.8% over the same period last year. EPS came in at $0.30, compared to $0.41 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $77.19 million, representing a surprise of -0.76%. The company delivered an EPS surprise of +7.14%, with the consensus EPS estimate being $0.28.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...
RE/MAX (RMAX) Beats Q4 Earnings Estimates
Zacks Investment Research· 2024-02-23 00:01
RE/MAX (RMAX) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this franchisor of residential real estate brokerages would post earnings of $0.36 per share when it actually produced earnings of $0.40, delivering a surprise of 11.11%.Over the l ...
RE/MAX HOLDINGS, INC. PROMOTES AMY LESSINGER TO PRESIDENT OF RE/MAX, LLC, ABBY LEE TO EVP OF MARKETING, COMMUNICATIONS, AND EVENTS, AND SUSIE WINDERS TO EVP, GENERAL COUNSEL
Prnewswire· 2024-02-22 21:15
DENVER, Feb. 22, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company") (NYSE: RMAX), parent company of RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., today announced the promotions of three of its senior leaders, Amy Lessinger, Abby Lee, and Susie Winders, in recognition of their contributions to the Company over their long tenures. Ms. Lessinger is being promoted f ...
RE/MAX(RMAX) - 2023 Q4 - Annual Report
2024-02-21 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36101 RE/MAX Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0937145 (State or other jurisd ...