RMAX · NYSE · Real Estate - Services

RE/MAX

Runs franchised real estate and mortgage brokerage brands through fee-based networks.

$12.36
At close−1.26 (−9.25%)
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Profile

RE/MAX Holdings, Inc.RMAXReal Estate

Operates RE/MAX real estate franchises, Motto Mortgage franchises, wemlo loan-processing services, and network marketing funds. Revenue depends on franchise fees, agent dues, open Motto offices, and brand activity across a network with most agents outside the United States.

Built around fully franchised RE/MAX and Motto offices, the business earns fees from real estate brokerage franchises, mortgage brokerage franchises, wemlo loan-processing services, and marketing funds used to support the network.

The agent base is split between the United States, Canada, and a larger international footprint, so brand consistency, franchisee support, and recruiting matter more than company-owned branch operations.

Execution centers on keeping agents and franchise owners engaged while extending the mortgage channel. The business depends on housing-market activity, the number of RE/MAX agents and open Motto offices, commission-rule changes, and a pending acquisition by The Real Brokerage that had not closed as of the context date.

Company facts

CEOErik Carlson
ListedOct 7, 2013
ExchangeNYSE
HeadquartersDenver, CO
CountryUnited States
Employees519
CIK0001581091
ISINUS75524W1080

Key statistics

Market cap$249.0M
EPS (ttm)−$0.4211
P/E (ttm)−29.35
ROE-1.9%
P/B0.5926
P/S0.8795
Dividend yield
Beta1.02vs XLRE 0.57

Year to date +67.0% · Average volume (30d) 585.0K

Analysts

Price target, next 12 months$9.00−27.2%Median of 14 analysts · vs the Aug 24 close
ConsensusHold4 of 14 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRating
Apr 27, 2026Jones TradingUpgradeHoldBuy

Earnings

EPS

Estimate$0.40
ReportedDue Nov 5, 2026

Revenue

Estimate$73.4M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.37$0.32−12.9%$72.8M$68.5M−5.9%+5.57%
May 8, 2026Q1 FY26$0.22$0.16−28.7%$73.2M$70.2M−4.1%−5.59%
Feb 19, 2026Q4 FY25$0.28$0.30+7.1%$71.5M$71.1M−0.5%−3.16%
Oct 30, 2025Q3 FY25$0.36$0.37+2.8%$71.3M$73.2M+2.7%−4.11%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$74.5M$72.8M$73.2M$71.1M$70.2M$68.5M
Gross profit$55.6M$54.5M$55.1M$41.2M$41.6M$40.0M
Operating income$5.4M$14.0M$18.3M$10.0M$676.0K$13.0M
Net income−$2.0M$4.7M$4.0M$1.4M−$9.7M−$4.3M
Diluted EPS−$0.10$0.23$0.19$0.07−$0.48−$0.20
Gross margin74.7%74.9%75.2%57.8%59.3%58.4%
Operating margin7.2%19.3%25.0%14.1%1.0%18.9%

Fiscal years (4-quarter sums)FY21 $329.7M · FY22 $353.4M · FY23 $325.7M · FY24 $307.7M · FY25 $291.6M

Revenue by product · Q2 FY26

Continuing Franchise Fees$25.7M · 47%
Annual Dues$15.2M · 28%
Brokerage$14.1M · 26%

Revenue by geography · Q2 FY26

Global.$4.2M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $112.4M · Total debt $453.9M · Total assets $567.4M · Shareholders' equity $443.9M

Dividends

Next ex-date
Annual dividend
Dividend yield
Schedule

Raised for 9 straight years.

History

Ex-dateRecordPaidAmountNote
Aug 14, 2023Aug 15Aug 29$0.23
May 16, 2023May 17May 31$0.23
Mar 7, 2023Mar 8Mar 22$0.23
Nov 15, 2022Nov 16Nov 30$0.23
Aug 15, 2022Aug 16Aug 30$0.23
May 10, 2022May 11May 25$0.23
Mar 3, 2022Mar 4Mar 16$0.23
Nov 16, 2021Nov 17Dec 1$0.23
View details

Ownership

Institutions 82.74%16.67M sharesInsiders 8.80%1.77M sharesOther 8.46%1.70M shares

Shares outstanding 20.15M · Float 16.09M · 79.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Capital World Investors1.54M7.65%13FAug 12, 2026
Weiss Asset Management LP1.45M6.80%13GAug 14, 2026
BlackRock, Inc.1.36M6.74%13FAug 7, 2026
Trium Capital LLP1.13M5.30%13GAug 13, 2026
Adam K. Peterson · other: See Footnote 6982.4K4.88%Form 4Apr 29, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 29, 2026Adam K. Petersonother: See Footnote 6−216,281$11.10
Apr 28, 2026Adam K. Petersonother: See Footnote 6−493,006$10.97
Apr 27, 2026Adam K. Petersonother: See Footnote 6−632,091$9.84
Apr 1, 2026Adam K. Peterson10 percent owner−61,000$5.71
Mar 31, 2026Adam K. Peterson10 percent owner−81,693$5.80
View details

Peers

  • Compass

    Global brokerage and franchise rival across major brands

  • AGNT

    Agent-centric cloud brokerage and franchise platform

  • Real Brokerage

    Technology-powered brokerage and pending acquirer

  • Zillow Group Class A

    Consumer marketplace competing for leads and mortgage flow

  • Rocket Companies

    Mortgage and Redfin parent with brokerage overlap

Compare

CompanyPriceChange
RE/MAX$12.36−9.25%$249.0M9.50.9−5.8%
Compass$10.99+0.23%$6.67B102.1150.60.6+109.1%
AGNT$4.32+1.77%$696.7M63.70.1+10.8%
Real Brokerage$21.35+1.14%$459.6M287.90.2+29.6%
Zillow Group Class A$36.87+0.72%$8.80B165.714.33.1+17.9%
Rocket Companies$13.80+0.22%$38.89B94.319.04.0+113.7%
Median102.163.70.6+29.6%