| LiveRamp and REMAX Media Network Unlock the Full Homebuying Journey for Advertisers Through New Clean Room Integration |
SAN FRANCISCO--(BUSINESS WIRE)--LiveRamp (NYSE: RAMP), the leading data collaboration partner, and RE/MAX, LLC (NYSE: RMAX), one of the world's leading franchisors of real estate brokerage services, today announced a new collaboration powering the REMAX Media Network – a new platform to connect advertisers with the brand's consumer audience. The LiveRamp Clean Room securely unifies touchpoints across the REMAX brand's vast monthly digital audience of 7.6 million users and 24.7 million impressio. |
businesswire.com |
2025-05-15 10:00:00 |
Czytaj oryginał (ang.) |
| REMAX Harnesses Unmatched Global Footprint, Launches AI-Powered Referral Platform with RESAAS to Strengthen Agent Network and Drive Brokerage Profitability |
The new industry-leading platform connects REMAX agents worldwide with smart matches and provides seamless at-closing fee payments. DENVER , May 7, 2025 /PRNewswire/ -- REMAX®, the #1 name in real estate*, is proud to announce MAXRefer – an AI-powered global referral system to enhance agent efficiency and connectivity worldwide. |
prnewswire.com |
2025-05-07 20:30:00 |
Czytaj oryginał (ang.) |
| RE/MAX Holdings, Inc. (RMAX) Q1 2025 Earnings Call Transcript |
RE/MAX Holdings, Inc. (RMAX) Q1 2025 Earnings Conference Call May 2, 2025 8:30 AM ET Company Participants Erik Carlson - Chief Executive Officer Karri Callahan - Chief Financial Officer Andy Schulz - Senior Vice President, Investor Relations Conference Call Participants Anthony Paolone - JP Morgan Nick McAndrew - Zelman Stephen Sheldon - William Blair John Campbell - Stephens Inc Tommy McJoynt - KBW Operator Good morning. And welcome to the RE/MAX Holdings First Quarter 2025 Earnings Conference and Webcast. |
seekingalpha.com |
2025-05-02 15:26:16 |
Czytaj oryginał (ang.) |
| RE/MAX (RMAX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for RE/MAX (RMAX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-05-02 00:05:36 |
Czytaj oryginał (ang.) |
| RE/MAX (RMAX) Surpasses Q1 Earnings Estimates |
RE/MAX (RMAX) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2025-05-01 23:20:28 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2025 RESULTS |
Total Revenue of $74.5 Million, Adjusted EBITDA of $19.3 Million DENVER , May 1, 2025 /PRNewswire/ -- First Quarter 2025 Highlights (Compared to first quarter 2024 unless otherwise noted) Total Revenue decreased 4.9% to $74.5 million Revenue excluding the Marketing Funds1 decreased 4.3% to $55.6 million, driven by negative 3.2% organic growth2 and 1.1% adverse foreign currency movements Net loss attributable to RE/MAX Holdings, Inc. of $(2.0) million and loss per diluted share (GAAP EPS) of $(0.10) Adjusted EBITDA3 increased 1.5% to $19.3 million, Adjusted EBITDA margin3 of 25.9% and Adjusted earnings per diluted share (Adjusted EPS3) of $0.24 Total agent count increased 2.0% to 146,126 agents U.S. and Canada combined agent count decreased 5.0% to 75,010 agents Total open Motto Mortgage franchises decreased 7.8% to 224 offices4 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of REMAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first and only national mortgage brokerage franchise brand in the U.S., today announced operating results for the quarter ended March 31, 2025. "For the fourth consecutive quarter, our company delivered solid profit and margin performance," said Erik Carlson, RE/MAX Holdings Chief Executive Officer. |
prnewswire.com |
2025-05-01 20:15:00 |
Czytaj oryginał (ang.) |
| REMAX Names Daniel Dennis SVP of Sales and Service, Reinforcing Commitment to Broker and Agent Success |
Dennis joins REMAX from Illustrated Properties in South Florida with two decades of experience in brokerage operations. DENVER , April 28, 2025 /PRNewswire/ -- In a continued effort to elevate broker and agent success across the network, REMAX®, the #1 name in real estate*, is proud to announce Daniel Dennis has joined the brand as Senior Vice President of Sales and Service. |
prnewswire.com |
2025-04-28 20:30:00 |
Czytaj oryginał (ang.) |
| REMAX Canada Welcomes Don Kottick as New President |
The industry veteran and former President & CEO of Sotheby's International Realty Canada will now oversee the REMAX brand in Canada. DENVER , April 24, 2025 /PRNewswire/ -- RE/MAX®, the #1 name in real estate*, today announced Don Kottick, former President & CEO of Sotheby's International Realty Canada, has been named President of REMAX Canada. |
prnewswire.com |
2025-04-24 18:00:00 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2025 |
March Home Sales Jump 23% over February as Inventory Mounts, Prices Rise DENVER , April 16, 2025 /PRNewswire/ -- March, a pivotal month in the seasonal ramp-up of home sales toward the peak summer selling months, did not disappoint. March sales increased 23.0% over February, marking the largest month-over-month sales increase since 37.4% in March 2023. |
prnewswire.com |
2025-04-16 20:16:00 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2025 RESULTS ON MAY 1, 2025 |
DENVER , April 10, 2025 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter ended March 31, 2025, after market close on Thursday, May 1, 2025, and will host a conference call and webcast for interested parties on Friday, May 2, 2025, at 8:30 a.m. Eastern Time. |
prnewswire.com |
2025-04-10 20:15:00 |
Czytaj oryginał (ang.) |
| RE/MAX Agents Lead the Industry in Productivity - Outperform Competitors 2:1 for 17th Straight Year |
Data from 2025 RealTrends Verified rankings confirm RE/MAX agents remain the most productive DENVER , April 9, 2025 /PRNewswire/ -- RE/MAX® agents are once again the most productive agents in the U.S., according to data in the newly released 2025 RealTrends Verified Best Brokerages rankings. RE/MAX agents outperformed competitors at participating large brokerages 2:1, averaging 11.9 transaction sides, more than double the 5.3 average of all other agents with brokerages with 500 transaction sides.1 This marks the 17th consecutive year that RE/MAX agents have outperformed competitors 2:1. |
prnewswire.com |
2025-04-09 20:12:00 |
Czytaj oryginał (ang.) |
| MOTTO MORTGAGE AND WEMLO CEO WARD MORRISON RETIRING AFTER DISTINGUISHED 20-YEAR CAREER WITH RE/MAX HOLDINGS BRANDS |
DENVER , March 31, 2025 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., today announces the upcoming retirement of Motto Mortgage and wemlo President and CEO Ward Morrison, effective June 15, 2025. Morrison will support Motto Mortgage and wemlo in a consultative role through the end of 2025. |
prnewswire.com |
2025-03-31 20:12:00 |
Czytaj oryginał (ang.) |
| RE/MAX Honored as a Top Franchisor for 41 Years, Celebrates Other Top Industry Recognition |
As the #1 name in real estate1 continues to evolve, it is recognized for its longstanding excellence by major industry players. DENVER , March 27, 2025 /PRNewswire/ -- For the 41st consecutive year, RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, has been recognized by Entrepreneur in its annual Franchise 500 rankings. |
prnewswire.com |
2025-03-27 18:18:00 |
Czytaj oryginał (ang.) |
| Consumers Vote RE/MAX the #1 Most Trusted Real Estate Agents in U.S., Canada Once Again |
Homebuyers and sellers trust RE/MAX professionals most, according to a leading independent consumer survey. DENVER , March 25, 2025 /PRNewswire/ -- RE/MAX the #1 name in real estate1, is honored to announce consumers have once again voted RE/MAX® as the brand with the #1 Most Trusted Real Estate Agents in the U.S.2 and Canada 3. |
prnewswire.com |
2025-03-25 18:15:00 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR FEBRUARY 2025 |
February Increase in Home Sales Sets Stage for Spring Market; Median Price Inches Up DENVER , March 18, 2025 /PRNewswire/ -- February 2025 home sales increased 8.4% over January – about half of the month-to-month average sales increases seen in the previous two Februarys, and down 2.6% from sales one year ago. Despite the smaller month-to-month increase, February's growth in home sales could still indicate momentum for March home sales that typically post the highest monthly sales jump – averaging 31% the last three years. |
prnewswire.com |
2025-03-18 18:12:00 |
Czytaj oryginał (ang.) |
| New Resources, Bold Initiatives, Modern Branding Take Center Stage at Annual RE/MAX R4 Convention |
The event in Las Vegas showcased the power of trusted, productive professionals and the modernization of the real estate industry's leading brand DENVER , Feb. 27, 2025 /PRNewswire/ -- At this year's R4® convention, RE/MAX®, the #1 name in real estate*, unveiled bold new resources to elevate its value proposition and reinforce its commitment to over 145,000 agents around the world. With a focus on helping its network of affiliates win more listings in today's competitive landscape, RE/MAX is expanding and modernizing its services, technology and strategic programs. |
prnewswire.com |
2025-02-27 18:14:00 |
Czytaj oryginał (ang.) |
| RE/MAX Holdings, Inc. (RMAX) Q4 2024 Earnings Call Transcript |
RE/MAX Holdings, Inc. (RMAX) Q4 2024 Earnings Conference Call February 21, 2025 8:30 AM ET Company Participants Andy Schulz - Senior Vice President, Investor Relations Erik Carlson - Chief Executive Officer Karri Callahan - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Nick McAndrew - Zelman Ronald Camden - Morgan Stanley John Campbell - Stephens Tommy McJoynt - KBW Operator Good morning, and welcome to the RE/MAX Holdings Fourth Quarter 2024 Earnings Conference Call and Webcast. My name is Christa, and I will be facilitating the audio portion of today's call. |
seekingalpha.com |
2025-02-21 13:49:26 |
Czytaj oryginał (ang.) |
| RE/MAX (RMAX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for RE/MAX (RMAX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-20 21:30:29 |
Czytaj oryginał (ang.) |
| RE/MAX (RMAX) Surpasses Q4 Earnings Estimates |
RE/MAX (RMAX) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.30 per share a year ago. |
zacks.com |
2025-02-20 21:01:39 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER 2024 RESULTS |
Total Revenue of $72.5 Million, Adjusted EBITDA of $23.3 Million DENVER , Feb. 20, 2025 /PRNewswire/ -- Fourth Quarter 2024 Highlights (Compared to fourth quarter 2023 unless otherwise noted) Total Revenue decreased 5.4% to $72.5 million Revenue excluding the Marketing Funds1 decreased 3.9% to $53.8 million, driven by negative 3.5% organic growth2 and 0.4% adverse foreign currency movements Net income attributable to RE/MAX Holdings, Inc. of $5.8 million and earnings per diluted share (GAAP EPS) of $0.29 Adjusted EBITDA3 increased 1.6% to $23.3 million, Adjusted EBITDA margin3 of 32.2% and Adjusted earnings per diluted share (Adjusted EPS3) of $0.30 Total agent count increased 1.2% to 146,627 agents U.S. and Canada combined agent count decreased 4.8% to 76,457 agents Total open Motto Mortgage franchises decreased 8.5% to 225 offices4 Full-Year 2024 Highlights (Compared to full year 2023 unless otherwise noted) Total Revenue decreased 5.5% to $307.7 million Revenue excluding the Marketing Funds1 decreased 5.4% to $228.7 million, driven by negative 5.2% organic growth2 and adverse foreign currency movements of 0.2% Net income attributable to RE/MAX Holdings, Inc. of $7.1 million and earnings per diluted share (GAAP EPS) of $0.37 Adjusted EBITDA3 increased 1.5% to $97.7 million, Adjusted EBITDA margin3 of 31.8% and Adjusted earnings per diluted share (Adjusted EPS3) of $1.30 Operating Statistics as of January 31, 2025 (Compared to January 31, 2024, unless otherwise noted) Total agent count increased 1.5% to 145,626 agents U.S. and Canada combined agent count decreased 5.0% to 75,411 agents Total open Motto Mortgage franchises decreased 8.6% to 223 offices4 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first and only national mortgage brokerage franchise brand in the U.S., today announced operating results for the quarter and year ended December 31, 2024. "Our continued focus on operational efficiencies contributed to higher-than-forecasted fourth-quarter profit and margin performance, a trend we have seen now for three quarters in a row," said Erik Carlson, RE/MAX Holdings Chief Executive Officer. |
prnewswire.com |
2025-02-20 18:15:00 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR JANUARY 2025 |
New Listings and Inventory Increase While Median Sales Price Drops Month to Month DENVER , Feb. 18, 2025 /PRNewswire/ -- Across 52 metro areas, the number of new listings in January surged 53.7% over December and was nearly the same (down just 0.1%) as in January 2024. Inventory in January rose 5.0% from December and was 30.9% higher than a year ago. |
prnewswire.com |
2025-02-18 18:12:00 |
Czytaj oryginał (ang.) |
| Seeking Clues to RE/MAX (RMAX) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics |
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for RE/MAX (RMAX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024. |
zacks.com |
2025-02-17 12:20:36 |
Czytaj oryginał (ang.) |
| Earnings Preview: RE/MAX (RMAX) Q4 Earnings Expected to Decline |
RE/MAX (RMAX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-13 13:06:18 |
Czytaj oryginał (ang.) |
| All-New 2025 RE/MAX R4 Convention Returns with Bold Experiences, Unmatched Energy and Dynamic Speakers |
The brand's biggest event of the year begins February 24, 2025, in Las Vegas for its global network of real estate professionals DENVER , Jan. 30, 2025 /PRNewswire/ -- The countdown is on for the all-new RE/MAX® R4, the brand's annual global convention, slated for February 24-27, 2025, at the vibrant Mandalay Bay Resort and Casino in Las Vegas. This year's event promises a reimagined experience, featuring a revamped format, a robust lineup of speakers, and dynamic educational sessions that are as fresh and bold as the RE/MAX network itself. |
prnewswire.com |
2025-01-30 18:14:00 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. TO RELEASE FOURTH QUARTER AND FULL YEAR 2024 RESULTS ON FEBRUARY 20, 2025 |
DENVER , Jan. 28, 2025 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter and full year ended December 31, 2024, after market close on Thursday, February 20, 2025, and will host a conference call and webcast for interested parties on Friday, February 21, 2025, at 8:30 a.m. Eastern Time. |
prnewswire.com |
2025-01-28 19:02:00 |
Czytaj oryginał (ang.) |
| Fresh 2025 RE/MAX Advertising Campaign Highlights Agent Trust and Expertise |
The 2025 campaign leverages consumer insights to reinforce RE/MAX as the most trusted name in real estate. DENVER , Jan. 27, 2025 /PRNewswire/ -- RE/MAX, the #1 name in real estate1 and #1 in brand awareness1 is proud to announce the launch of its highly anticipated 2025 National Advertising Campaign. |
prnewswire.com |
2025-01-27 18:17:00 |
Czytaj oryginał (ang.) |
| TRAVIS SAXTON JOINS RE/MAX HOLDINGS AS EXECUTIVE VICE PRESIDENT OF STRATEGY TO DRIVE ORGANIZATIONAL ALIGNMENT AND INNOVATION |
Saxton to lead strategic initiatives, focusing on building upon the industry's best solutions, by incorporating new franchise business systems and industry-leading technology to align brand, marketing, coordination and innovation. DENVER , Jan. 21, 2025 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., today announced Travis Saxton has joined the Company as Executive Vice President of Strategy. |
prnewswire.com |
2025-01-21 18:30:00 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR DECEMBER 2024 |
December Continues Momentum, Marking Eighth Month of 2024 to Surpass 2023 Sales DENVER , Jan. 16, 2025 /PRNewswire/ -- December became the eighth month of 2024 to top 2023, with home sales up 13.3% over December 2023 and 4.4% above November 2024. The number of homes for sale in the 52 metro markets surveyed remained 22.0% higher year over year but dropped 12.4% from November, reflecting seasonal trends. |
prnewswire.com |
2025-01-16 18:12:00 |
Czytaj oryginał (ang.) |
| INDUSTRY VISIONARY CHRIS LIM TO JOIN RE/MAX AS EXECUTIVE VICE PRESIDENT AND CHIEF GROWTH OFFICER |
Lim, former President of Christie's International Real Estate and founder of Climb Real Estate, to spearhead U.S. growth, strengthen affiliate support and enhance affiliate experience for the real estate franchisor. DENVER , Jan. 14, 2025 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced industry veteran Chris Lim is joining RE/MAX as Executive Vice President and Chief Growth Officer on February 3. |
prnewswire.com |
2025-01-14 18:30:00 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS LAUNCHES THE RE/MAX MEDIA NETWORK, THE FIRST IN REAL ESTATE |
Advertisers and strategic partners can now reach previously untapped homebuying and selling audiences with digital and offline initiatives spanning mobile, desktop, email, social media, and experiential. DENVER , Dec. 18, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., has announced a groundbreaking initiative supported by media agency Kontrol Media, that positions RE/MAX, LLC as the first real estate brand to launch a commerce media network. |
prnewswire.com |
2024-12-18 10:35:00 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR NOVEMBER 2024 |
Year-Over-Year Gains Highlight Market Resilience Amid Seasonal Slowdown DENVER , Dec. 16, 2024 /PRNewswire/ -- November home sales finished 6.3% above a year ago, marking the seventh time a 2024 month has topped its 2023 counterpart. At the same time, sales dropped 11.6% from October, reflecting the typical year-end slowdown. |
prnewswire.com |
2024-12-16 18:12:00 |
Czytaj oryginał (ang.) |
| RE/MAX Holdings: Profitability Still Intact |
RE/MAX continues to perform resiliently despite a tough housing market. Lower operating expenses offset declining revenues, maintaining profitability. DOJ's challenge of buyer-broker agreements is arguably a bad idea for the entire real estate brokerage industry. |
seekingalpha.com |
2024-12-16 12:49:27 |
Czytaj oryginał (ang.) |
| Home Sales Are Rising, But Who Stands to Benefit the Most? |
After a few months of weakening data, home sales reports finally ticked higher, giving investors new hope for a rebound in the real estate sector. However, there is no reason to start celebrating yet, as other factors and themes need to fall back into line before the skies are clear for the industry. |
marketbeat.com |
2024-11-26 09:30:27 |
Czytaj oryginał (ang.) |
| Elite Event Brings Together the Most Productive Agents from RE/MAX, the Most Productive Real Estate Network in the World* |
The brand's elite producers gather to mastermind ideas, exchange referrals,build relationships and celebrate their accomplishments DENVER , Nov. 25, 2024 /PRNewswire/ -- RE/MAX, LLC, the #1 name in real estate** recently hosted the 2024 RE/MAX Elite Retreat, an exceptional event that brings together the brand's top-producing agents for masterminds, panel discussions and celebrations of their impressive sales success. This year's retreat emphasized productivity and the power of professional relationships, making it a truly unique experience for the network's top achievers. |
prnewswire.com |
2024-11-25 10:35:00 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. TO PARTICIPATE IN STEPHENS ANNUAL INVESTMENT CONFERENCE | NASH2024 |
DENVER , Nov. 15, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., announced today that Chief Executive Officer Erik Carlson and Chief Financial Officer Karri Callahan are scheduled to appear at the Stephens Annual Investment Conference on Tuesday, November 19, 2024, at 12:00 p.m. CST. A link to the live webcast of the Fireside Chat, as well as the replay, will be available at https://investors.remaxholdings.com. |
prnewswire.com |
2024-11-15 10:30:00 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR OCTOBER 2024 |
Home Sales Were Unseasonably Strong While Inventory Climbed DENVER , Nov. 14, 2024 /PRNewswire/ -- October home sales bucked seasonal trends and posted a 6.7% increase over September and were 8.4% higher year-over-year. Year to date, 2024 home sales have exceeded 2023 levels in six of 10 months. |
prnewswire.com |
2024-11-14 18:12:00 |
Czytaj oryginał (ang.) |
| RE/MAX Holdings, Inc. (RMAX) Q3 2024 Earnings Call Transcript |
RE/MAX Holdings, Inc. (RMAX) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Andy Schulz - Senior Vice President, Investor Relations Erik Carlson - Chief Executive Officer Karri Callahan - Chief Financial Officer Amy Lessinger - President Ward Morrison - President and Chief Executive Officer, Motto Mortgage and wemlo Conference Call Participants Ryan McKeveny - Zelman & Associates John Campbell - Stephens Anthony Paolone - J. P. Morgan Tommy McJoynt - KBW Ronald Kamdem - Morgan Stanley Operator Good morning, and welcome to the RE/MAX Holdings Third Quarter 2024 Earnings Conference Call and Webcast. |
seekingalpha.com |
2024-11-01 22:22:47 |
Czytaj oryginał (ang.) |
| RE/MAX (RMAX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for RE/MAX (RMAX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-10-31 21:01:10 |
Czytaj oryginał (ang.) |
| RE/MAX (RMAX) Q3 Earnings Surpass Estimates |
RE/MAX (RMAX) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.40 per share a year ago. |
zacks.com |
2024-10-31 20:41:08 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS |
Total Revenue of $78.5 Million, Adjusted EBITDA of $27.3 Million DENVER , Oct. 31, 2024 /PRNewswire/ -- Third Quarter 2024 Highlights (Compared to third quarter 2023 unless otherwise noted) Total Revenue decreased 3.4% to $78.5 million Revenue excluding the Marketing Funds1 decreased 3.3% to $58.4 million, driven by negative 3.0% organic growth2 and 0.3% adverse foreign currency movements Net income attributable to RE/MAX Holdings, Inc. of $1.0 million and earnings per diluted share (GAAP EPS) of $0.05 Adjusted EBITDA3 increased 2.0% to $27.3 million, Adjusted EBITDA margin3 of 34.8% and Adjusted earnings per diluted share (Adjusted EPS3) of $0.38 Total agent count increased 174 agents, or 0.1%, to 145,483 agents U.S. and Canada combined agent count decreased 4.4% to 78,201 agents Total open Motto Mortgage franchises decreased 3.3% to 234 offices4 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first and only national mortgage brokerage franchise brand in the U.S., today announced operating results for the quarter ended September 30, 2024. "We continue to drive operational efficiency across the enterprise, which helped generate better-than-forecasted third-quarter financial results," said Erik Carlson, RE/MAX Holdings Chief Executive Officer. |
prnewswire.com |
2024-10-31 18:15:00 |
Czytaj oryginał (ang.) |
| RE/MAX Revealed as #1 Real Estate Brand on Franchise Times Top 400 for 16th Consecutive Year |
Ranked #14 overall on the 2024 list, RE/MAX is recognized for its global systemwide sales DENVER , Oct. 29, 2024 /PRNewswire/ -- RE/MAX, LLC, the #1 name in real estate1, is ranked #1 among real estate brands on the 2024 Franchise Times Top 400, an exclusive annual list of the largest U.S.-based franchise systems by global systemwide sales. Overall, RE/MAX proudly holds the #14 spot. |
prnewswire.com |
2024-10-29 18:12:00 |
Czytaj oryginał (ang.) |
| RE/MAX Affiliates Make Worldwide Impact by Giving Back During Global RE/MAX Week |
The fourth annual weeklong, philanthropic event drew participation from affiliates around the world DENVER , Oct. 24, 2024 /PRNewswire/ -- RE/MAX, LLC, the #1 name in real estate1, proudly launched its 2024 Global RE/MAX Week, October 6-12. The annual initiative, now in its fourth year, showcased the extensive reach of the network's more than 140,000 agents and presence in over 110 countries and territories, highlighting the commitment RE/MAX affiliates have to giving back to the communities in which they live and serve. |
prnewswire.com |
2024-10-24 20:10:00 |
Czytaj oryginał (ang.) |
| Are Investors Undervaluing REMAX (RMAX) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-10-22 14:46:31 |
Czytaj oryginał (ang.) |
| 3 Stocks to Buy on the Real Estate Operations Industry's Recovery |
Real Estate Operations industry players like NMRK, KW and RMAX are poised to gain from outsourcing real estate services and easing monetary policy. |
zacks.com |
2024-10-15 14:45:48 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR SEPTEMBER 2024 |
Inventory Grows as Home Sales Cool, Prices Dip Slightly DENVER , Oct. 15, 2024 /PRNewswire/ -- The number of homes for sale climbed for the seventh consecutive month across the 52 metro areas surveyed – 6.4% higher than August and 33.6% above September 2023 levels. New listings also increased 9.7% compared to September 2023. |
prnewswire.com |
2024-10-15 12:36:00 |
Czytaj oryginał (ang.) |
| RE/MAX HOLDINGS, INC. TO RELEASE THIRD QUARTER 2024 RESULTS ON OCTOBER 31, 2024 |
DENVER , Oct. 10, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter ended September 30, 2024, after market close on Thursday, October 31, 2024, and will host a conference call and webcast for interested parties on Friday, November 1, 2024, at 8:30 a.m. Eastern Time. |
prnewswire.com |
2024-10-10 20:15:00 |
Czytaj oryginał (ang.) |
| Here Is Why Bargain Hunters Would Love Fast-paced Mover RE/MAX (RMAX) |
RE/MAX (RMAX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2024-09-25 13:50:30 |
Czytaj oryginał (ang.) |
| RE/MAX NATIONAL HOUSING REPORT FOR AUGUST 2024 |
New Listings Pick Up, While Fewer Homes Sell and For Less DENVER , Sept. 16, 2024 /PRNewswire/ -- August's new listings inched up 1.6% over the previous month after decreasing 9.4% in July and 5.2% in June. |
prnewswire.com |
2024-09-16 20:11:00 |
Czytaj oryginał (ang.) |
| Is REMAX (RMAX) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-09-16 14:47:21 |
Czytaj oryginał (ang.) |