Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $34.29 USD
Change Today +0.08 / 0.23%
Volume 25.1K
RMAX On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

re/max holdings inc-cl a (RMAX) Snapshot

Open
$34.13
Previous Close
$34.21
Day High
$34.60
Day Low
$33.95
52 Week High
01/23/15 - $37.67
52 Week Low
05/9/14 - $24.75
Market Cap
407.4M
Average Volume 10 Days
60.5K
EPS TTM
$1.18
Shares Outstanding
11.9M
EX-Date
03/23/15
P/E TM
29.1x
Dividend
$0.50
Dividend Yield
5.29%
Current Stock Chart for RE/MAX HOLDINGS INC-CL A (RMAX)

re/max holdings inc-cl a (RMAX) Related Businessweek News

No Related Businessweek News Found

re/max holdings inc-cl a (RMAX) Details

RE/MAX Holdings, Inc. operates as a franchisor of residential and commercial real estate brokerage services in the United States and internationally. It operates in two segments, Real Estate Franchise Services and Brokerages. The company offers its real estate franchise services under the RE/MAX brand name. It also provides real estate brokerage services in the United States. The company was founded in 1973 and is headquartered in Denver, Colorado.

399 Employees
Last Reported Date: 03/13/15
Founded in 1973

re/max holdings inc-cl a (RMAX) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: --
President
Total Annual Compensation: $503.9K
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $575.0K
Chief Legal & Compliance Officer, Executive V...
Total Annual Compensation: $473.8K
Compensation as of Fiscal Year 2014.

re/max holdings inc-cl a (RMAX) Key Developments

RE/MAX Holdings, Inc. Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Revenue Guidance for the first quarter of 2015 and Earnings Guidance for the Full Year of 2015

RE/MAX Holdings, Inc. announced consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenue of $42,565,000 against $40,234,000 a year ago. Operating income was $12,253,000 against $9,669,000 a year ago. Income before provision for income taxes was $9,435,000 against $6,711,000 a year ago. Net income attributable to company was $2,376,000 against $1,506,000 a year ago. Net income per basic and diluted share was $0.19 against $0.12 a year ago. EBITDA was $15,414,000 against $13,286,000 a year ago. Adjusted EBITDA was $20,329,000 against $18,264,000 a year ago. Adjusted net income was $11,000,000 against $9,340,000 a year ago. Adjusted net income diluted earnings per share was $0.37 against $0.31 a year ago. For the full year, the company reported total revenue of $170,984,000 against $158,862,000 a year ago, driven by incremental revenue from the Southwest and Central Atlantic regions acquired in October 2013 and an increase in agent count. Operating income was $63,835,000 against $47,080,000 a year ago. Income before provision for income taxes was $53,927,000 against $31,096,000 a year ago. Net income attributable to company was $13,436,000 against $1,506,000 a year ago. Net income per basic and diluted share was $1.10 against $0.12 a year ago. The increase was primarily due to higher operating income and lower interest expense as a result of the company's 2013 debt refinancing, partially offset by foreign currency transaction losses and a higher provision for income taxes. Net cash provided by operating activities was $63,709,000 against $50,069,000 a year ago. Purchases of property, equipment and software were $2,026,000 against $1,108,000 a year ago. Capitalization of trademark costs was $122,000 against $232,000 a year ago. EBITDA was $78,225,000 against $60,588,000 a year ago. Adjusted EBITDA was $83,805,000 against $77,039,000 a year ago. Adjusted net income was $45,305,000 against $37,089,000 a year ago. Adjusted net income diluted earnings per share was $1.51 against $1.24 a year ago. The increase in adjusted EBITDA was largely driven by revenue growth attributable to an increase in agent count and incremental contributions from the acquired Southwest and Central Atlantic regions. Net income was $44.0 million for 2014, an increase of $15.7 million or 55.7% compared to the prior year. The increase was primarily due to higher operating income and lower interest expense as a result of the Company's 2013 debt refinancing, partially offset by foreign currency transaction losses and a higher provision for income taxes. For the first quarter of 2015, the company expects revenue is estimated to increase by 4% to 5% over first quarter 2014; Selling, operating and administrative expenses are estimated to be 56% to 58% of first quarter 2015 revenue and adjusted EBITDA margin is estimated to be in the 40% to 41% range. For the full year of 2015, the company expects revenue is estimated to increase by 3% to 4% over 2014 and project related operating and capital expenditures of $3.0 to $3.5 million and $2.0 to $2.5 million, respectively.

RE/MAX Holdings Declares Quarterly Dividend and Special Cash Dividend Payable on April 8, 2015

RE/MAX Holdings doubled its quarterly dividend to $0.125 per share and approved a special cash dividend of $1.50 per share. The quarterly dividend is payable on April 8, 2015 to shareholders of record at the close of business on March 25, 2015. The special cash dividend is payable on April 8 to shareholders of record at the close of business on March 23, 2015.

RE/MAX Holdings Mulls Acquisitions

RE/MAX Holdings, Inc. (NYSE:RMAX) is seeking acquisitions. Dave Liniger , Chief Executive Officer and Co-Founder of RE/MAX Holdings said, “We will have ample capital capacity to pursue our other capital management priorities, which include reinvesting in our business and completing acquisitions to spur future growth."

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RMAX:US $34.29 USD +0.08

RMAX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Jones Lang LaSalle Inc $166.31 USD +0.19
Realogy Holdings Corp $47.49 USD +0.79
View Industry Companies
 

Industry Analysis

RMAX

Industry Average

Valuation RMAX Industry Range
Price/Earnings 31.2x
Price/Sales 2.3x
Price/Book 1.6x
Price/Cash Flow 14.2x
TEV/Sales 1.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RE/MAX HOLDINGS INC-CL A, please visit www.remax.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.