RE/MAX (NYSE:RMAX – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect RE/MAX to post earnings of $0.35 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
RE/MAX Trading Down 0.8 %
Shares of RE/MAX stock opened at $8.68 on Wednesday. The company has a fifty day moving average price of $8.59 and a 200 day moving average price of $8.64. RE/MAX has a twelve month low of $6.94 and a twelve month high of $20.12. The stock has a market cap of $158.67 million, a price-to-earnings ratio of -2.20 and a beta of 1.37.
Insider Activity
In other RE/MAX news, CAO Leah R. Jenkins sold 3,682 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $9.76, for a total transaction of $35,936.32. Following the transaction, the chief accounting officer now owns 25,333 shares of the company’s stock, valued at approximately $247,250.08. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, CAO Leah R. Jenkins sold 3,682 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $9.76, for a total value of $35,936.32. Following the transaction, the chief accounting officer now directly owns 25,333 shares in the company, valued at approximately $247,250.08. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Adam K. Peterson purchased 46,629 shares of the firm’s stock in a transaction dated Tuesday, June 18th. The stock was acquired at an average cost of $8.30 per share, with a total value of $387,020.70. Following the completion of the acquisition, the insider now directly owns 3,084,472 shares in the company, valued at approximately $25,601,117.60. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 100,309 shares of company stock worth $824,351. 5.99% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
View Our Latest Stock Report on RMAX
About RE/MAX
RE/MAX Holdings, Inc operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand.
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