RMAX Stock Summary and Trading Ideas (Re/Max Hldgs | NYSE:RMAX)

RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.

Re/Max Hldgs trades on the NYSE stock market under the symbol RMAX.

As of April 18, 2024, RMAX stock price climbed to $7.14 with 222,971 million shares trading.

RMAX has a beta of 1.30, meaning it tends to be more sensitive to market movements. RMAX has a correlation of 0.08 to the broad based SPY ETF.

RMAX has a market cap of $134.61 million. This is considered a Micro Cap stock.

Last quarter Re/Max Hldgs reported $77 million in Revenue and $.30 earnings per share. This fell short of revenue expectation by $-370,000 and exceeded earnings estimates by $.01.

In the last 3 years, RMAX stock traded as high as $38.58 and as low as $6.95.

The top ETF exchange traded funds that RMAX belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

RMAX has underperformed the market in the last year with a price return of -59.9% while the SPY ETF gained +22.3%. RMAX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.2% and -13.2%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

RMAX support price is $6.71 and resistance is $7.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RMAX stock will trade within this expected range on the day.