RE/MAX Holdings Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 18.92
Dividend & Yield0.92$ (4.95%)
Beta 1.37
Market capitalization 571.43M
Operating cash flow 71.14M
ESG Scores unknown

Company description

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage 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. It also provides kvCORE platform, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; and RE/MAX University platform, a learning hub designed to help each agent in their professional expertise. The company was founded in 1973 and is headquartered in Denver, Colorado.

Sector: Real Estate - Industry: Real Estate Services

Financial Ratios
Quick Ratio1.44
Working Capital-0.24
Return On Equity-0.03
Debt To Equity0.88
Fixed Asset Ratio0.28
Fixed Interest Cover4.75

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -1.57M 410k 137k 58k
Total Cashflows From Investing Activities -876k -17.53M -194.92M -11.5M
Net Borrowings -2.62M -2.63M 231.46M -4.6M
Total Cash From Financing Activities -34.54M -36M 189.35M -78.36M
Change To Operating Activities -2.9M -5.19M 6.35M -15.68M
Issuance Of Stock
Net Income 25.28M 11.25M -15.62M 6.11M
Change In Cash 43.63M 17.63M 37.17M -20.27M
Effect Of Exchange Rate 70k 308k 300k -1.55M
Total Cash From Operating Activities 78.97M 70.85M 42.44M 71.14M
Depreciation 21.79M 26.11M 31.33M 35.77M
Change To Account Receivables -5.61M -3.46M 3.33M 2.79M
Other Cashflows From Financing Activities -15.84M -14.78M -19.42M -15.79M
Change To Netincome 41.81M 39.62M 26.69M 42.97M
Capital Expenditures -13.23M -6.9M -15.24M -9.93M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 58.3M 29.71M -22.16M 18.13M
Net Income 25.28M 11.25M -15.62M 6.11M
Selling General Administrative 117.86M 125.81M 162.14M 171.55M
Gross Profit 209.99M 201.6M 247.31M 263.07M
Ebit 70.34M 49.68M 53.84M 55.75M
Operating Income 70.34M 49.68M 53.84M 55.75M
Interest Expense -12.23M -9.22M -11.34M -20.9M
Income Tax Expense 10.98M 9.16M 2.46M 7.37M
Total Revenue 282.29M 266M 329.7M 353.39M
Cost Of Revenue 72.3M 64.4M 82.39M 90.32M
Total Other Income ExpenseNet -12.04M -19.98M -76M -37.62M
Net Income From Continuing Ops 47.31M 20.55M -24.62M 10.76M
Net Income Applicable To Common Shares 25.28M 11.25M -15.62M 6.11M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 443.98M 444.71M 707.07M 663.53M
Total Stockholder Equity 497.89M 517.66M 508.27M 481.17M
Other Current Liabilities 36.1M 38.45M 33.33M 31.08M
Total Assets 542.35M 546.37M 776.13M 695.23M
Common Stock 2k 2k 2k 2k
Other Current Assets 30.24M 33.81M 48.14M 49.64M
Retained Earnings 30.52M 25.63M -7.82M -54M
Treasury Stock 414k 612k 650k -395k
Cash 83M 101.36M 126.27M 108.66M
Total Current Liabilities 107M 117.25M 146.22M 119.67M
Other Stockholder Equity 414k 612k 650k -395k
Property, Plant, and Equipment 56.57M 46.75M 49.21M 35.62M
Total Current Assets 142.78M 166.37M 210.77M 192.96M
Net Tangible Assets 218.86M 252.53M 62.8M 76.61M
Net Receivables 29.54M 31.21M 36.37M 34.66M
Accounts Payable 2.98M 2.11M 5.19M 6.17M


Insider Transactions

Here are the insider transactions of stock shares related to RE/MAX Holdings Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
PETERSON ADAM KPurchase at price 18.58 per share.I2023-02-24Beneficial Owner of more than 10% of a Class of Security12.03k
CALLAHAN KARRI RStock Award(Grant) at price 0.00 per share.D2023-02-23Chief Financial Officer2.66k
SMITH SERENE MARIEStock Award(Grant) at price 0.00 per share.D2023-02-23Chief Operating Officer2.49k
BAILEY NICHOLAS RStock Award(Grant) at price 0.00 per share.D2023-02-23Officer2.7k
MORRISON WARD MStock Award(Grant) at price 0.00 per share.D2023-02-23Officer2.42k
GROSSHANS ADAM WStock Award(Grant) at price 0.00 per share.D2023-02-23Officer1.76k
WINDERS SUSAN LStock Award(Grant) at price 0.00 per share.D2023-02-23General Counsel2.76k
LIGON WILLIAM GRADYStock Award(Grant) at price 0.00 per share.D2023-02-23Chief Technology Officer2.27k
PETERSON ADAM KPurchase at price 17.78 - 18.24 per share.I2022-12-29Beneficial Owner of more than 10% of a Class of Security54.37k
PETERSON ADAM KPurchase at price 18.62 - 18.98 per share.I2022-12-21Beneficial Owner of more than 10% of a Class of Security16.46k
SCHERPING KATHERINE LEEStock Award(Grant) at price 0.00 per share.D2022-12-12Director1.24k
MENOGAN ANNITA MStock Award(Grant) at price 0.00 per share.D2022-12-12Director2.48k
KELLY LAURA GStock Award(Grant) at price 0.00 per share.D2022-12-12Director2.48k
LIGON WILLIAM GRADYStock Award(Grant) at price 0.00 per share.D2022-12-05Chief Technology Officer12.36k
LIGON WILLIAM GRADYStock Award(Grant) at price 0.00 per share.D2022-12-05Chief Technology Officer8.24k
PETERSON ADAM KPurchase at price 18.76 - 19.44 per share.I2022-11-17Beneficial Owner of more than 10% of a Class of Security66.06k
HARRISON RONALD ESale at price 19.00 per share.D2022-11-10Director6k
PETERSON ADAM KPurchase at price 17.38 - 17.46 per share.I2022-11-09Beneficial Owner of more than 10% of a Class of Security14.2k
PETERSON ADAM KPurchase at price 18.57 per share.I2022-10-24Beneficial Owner of more than 10% of a Class of Security4.83k
PETERSON ADAM KPurchase at price 18.20 per share.I2022-10-19Beneficial Owner of more than 10% of a Class of Security18.93k
PETERSON ADAM KPurchase at price 18.38 per share.I2022-09-29Beneficial Owner of more than 10% of a Class of Security40k
PETERSON ADAM KPurchase at price 18.37 - 18.38 per share.I2022-09-27Beneficial Owner of more than 10% of a Class of Security35.39k
WINDERS SUSAN LStock Award(Grant) at price 0.00 per share.D2022-09-07General Counsel794
PETERSON ADAM KPurchase at price 23.51 - 24.37 per share.I2022-07-18Beneficial Owner of more than 10% of a Class of Security32.2k
PETERSON ADAM KPurchase at price 23.90 - 24.26 per share.I2022-06-30Beneficial Owner of more than 10% of a Class of Security47.02k
PETERSON ADAM KPurchase at price 23.62 - 24.65 per share.I2022-06-24Beneficial Owner of more than 10% of a Class of Security33.1k
MAGNOLIA GROUP, L.L.C.Purchase at price 21.94 per share.D2022-06-16Beneficial Owner of more than 10% of a Class of Security40.24k
GROSSHANS ADAM WStock Award(Grant) at price 0.00 per share.D2022-06-01Officer2.74k
CONTOS ADAM MICHAELStock Award(Grant) at price 0.00 per share.D2022-03-31Chief Executive Officer3.32k
CUNNINGHAM KATHLEEN JStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
KELLY LAURA GStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
DOW ROGER JStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
HARRISON RONALD EStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
CALLAHAN KARRI RStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Financial Officer32.83k
RIORDAN CHRISTINE MStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
SCOVILLE ADAM LINDQUISTStock Award(Grant) at price 0.00 per share.D2022-03-01General Counsel10.27k
CONTOS ADAM MICHAELStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Executive Officer23.12k
DESPLINTER JOSEPH AStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
VAN DE BOGART TERESA SStock Award(Grant) at price 0.00 per share.D2022-03-01Director3.37k
RITCHIE BRETT AStock Award(Grant) at price 0.00 per share.D2022-03-01Officer14.43k
SMITH SERENE MARIEStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Operating Officer30.69k
BAILEY NICHOLAS RStock Award(Grant) at price 0.00 per share.D2022-03-01Officer33.25k
MORRISON WARD MStock Award(Grant) at price 0.00 per share.D2022-03-01Officer29.84k
GROSSHANS ADAM WStock Award(Grant) at price 0.00 per share.D2022-03-01Officer2.74k
BAILEY NICHOLAS RStock Award(Grant) at price 0.00 per share.D2021-09-27President1.35k
JOYCE STEPHEN PStock Award(Grant) at price 0.00 per share.D2021-03-01Director2.4k
CUNNINGHAM KATHLEEN JStock Award(Grant) at price 0.00 per share.D2021-03-01Director2.4k
KELLY LAURA GStock Award(Grant) at price 0.00 per share.D2021-03-01Director2.4k
DOW ROGER JStock Award(Grant) at price 0.00 per share.D2021-03-01Director2.4k
HARRISON RONALD EStock Award(Grant) at price 0.00 per share.D2021-03-01Director2.4k
PREDOVICH DANIEL JOHNStock Award(Grant) at price 0.00 per share.D2021-03-01Director2.4k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to RE/MAX Holdings Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on RE/MAX Holdings Inc - Class A

Here is the result of two systematic investment strategies applied to RE/MAX Holdings Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on RE/MAX Holdings Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to RE/MAX Holdings Inc - Class A:

RE/MAX Holdings Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.81% on the backtest period.

Performance at glance

Performance

-12.81 %

Latent gain

-286.5 $

Invested capital

2236.4 $

Annualized return

-3.09 %
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Momentum strategy results on RE/MAX Holdings Inc - Class A

This is the result of two momentum investment strategies applied to RE/MAX Holdings Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on RE/MAX Holdings Inc - Class A

The following chart shows all the entries opened by the momentum investment system on RE/MAX Holdings Inc - Class A:

RE/MAX Holdings Inc - Class A momentum entries
  • The first momentum investment strategy would give -8.75% of return on RE/MAX Holdings Inc - Class A. That represents -395.17$ of latent gain with 4515.12$ of employed capital.
  • The second momentum investment strategy would give -8.3% of return on RE/MAX Holdings Inc - Class A. That represents -207.68$ of latent gain with 2503.53$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-8.75 %

Latent gain

-395.17 $

Invested capital

4515.12 $

Annualized return

3.69 %
Performance at glance (2Q Momentum)

Performance

-8.3 %

Latent gain

-207.68 $

Invested capital

2503.53 $

Annualized return

-2.27 %

Momentum equity curve on RE/MAX Holdings Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to RE/MAX Holdings Inc - Class A:

RE/MAX Holdings Inc - Class A momentum equity

Note: the dividends potentially given by RE/MAX Holdings Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RE/MAX Holdings Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on RE/MAX Holdings Inc - Class A since the beginning:

RE/MAX Holdings Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on RE/MAX Holdings Inc - Class A

Buy the dip entry openings on RE/MAX Holdings Inc - Class A

RE/MAX Holdings Inc - Class A

The performance achieved by the robo-advisor on RE/MAX Holdings Inc - Class A is 7.89%. That represents 20.7$ of latent gain with 262.35$ of employed capital. The following chart shows RE/MAX Holdings Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of RE/MAX Holdings Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

7.89 %

Latent gain

20.7 $

Invested capital

262.35 $

Annualized return

3.69 %

Equity curve of the strategy applied to RE/MAX Holdings Inc - Class A

The following chart shows the result of the investment strategy applied to RE/MAX Holdings Inc - Class A:

RE/MAX Holdings Inc - Class A

Note: the dividends potentially given by RE/MAX Holdings Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RE/MAX Holdings Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on RE/MAX Holdings Inc - Class A:

RE/MAX Holdings Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on RE/MAX Holdings Inc - Class A

In this section, I will compare the three previous investment strategies applied to RE/MAX Holdings Inc - Class A.

Equity curve comparison on RE/MAX Holdings Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

RE/MAX Holdings Inc - Class A investment strategy comparison

Employed capital comparison on RE/MAX Holdings Inc - Class A

RE/MAX Holdings Inc - Class A investment comparison

Performance comparison on RE/MAX Holdings Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.81% -286.5$ 2236.4$ -3.09%
Momentum 1 quarter -8.75% -395.17$ 4515.12$ -2.24%
Momentum 2 quarters -8.3% -207.68$ 2503.53$ -2.27%
Non-directional 7.89% 20.7$ 262.35$ 3.69%
Annualized return comparison

Automatic investment

-3.09 %

Momentum 1Q

-2.27 %

Momentum 2Q

-2.27 %

Non-directional

3.69 %

Correlated stocks

Here are the most positively and negatively correlated stocks with RE/MAX Holdings Inc - Class A:

Positive correlations

Most correlated stocks this year

  • RE/MAX Holdings Inc - Class A

  • Most correlated stocks last 3 months

  • Bridgewater Bancshares Inc
  • Agilysys Inc
  • National Vision Holdings Inc
  • Heartland Financial USA Inc
  • First Internet Bancorp
  • BJ`s Restaurant Inc
  • Texas Roadhouse Inc
  • WideOpenWest Inc
  • CHS Inc
  • McGrath Rentcorp
  • Mechel PJSC
  • CMS Energy Corporation
  • CrossAmerica Partners LP
  • TPG RE Finance Trust Inc
  • Stifel Financial Corp
  • Prosperity Bancshares Inc
  • Texas Capital Bancshares Inc
  • Enova International Inc
  • Globe Life Inc
  • RE/MAX Holdings Inc - Class A
  • KB Home
  • Caci International Inc
  • PJT Partners Inc - Class A
  • Performance Food Group Company
  • Allstate Corp (The)
  • iShares Trust iShares Preferred and Income Securit
  • American Express Company
  • Cowen Inc
  • TopBuild Corp
  • Tennessee Valley Authority
  • BMO LOW VOLATILITY US EQUITY ETF CAD
  • Mercury General Corp
  • PTC Inc
  • KKR Real Estate Finance Trust Inc
  • Two Harbors Investment Corp
  • Great Ajax Corp
  • ALTUS GROUP LIMITED
  • Four Corners Property Trust Inc
  • MFS Charter Income Trust
  • Algonquin Power & Utilities Corp
  • Thomson-Reuters Corp
  • Monarch Casino & Resort Inc
  • First Trust Utilities AlphaDEX Fund
  • FIRM CAPITAL MORTGAGE INV. CORP.
  • Spirit Realty Capital Inc
  • Bank of James Financial Group Inc
  • Controladora Vuela Cia De Aviacion
  • SS&C Technologies Holdings Inc
  • ALGONQUIN POWER AND UTILITIES CORP.
  • Chesapeake Utilities Corp
  • BlackRock Utility Infrastructure & Power Opportuni
  • WSP GLOBAL INC
  • TC Energy Corporation
  • HYDRO ONE LIMITED
  • Deckers Outdoor Corp
  • AGNC Investment Corp Depositary Shares Each Repres
  • Plymouth Industrial Reit Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between RE/MAX Holdings Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of RE/MAX Holdings Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name RE/MAX Holdings Inc - Class A
    Country United States
    City Denver
    Address 5075 South Syracuse Street
    Phone 303 770 5531
    Website www.remaxholdings.com
    FullTime employees 594
    Industry Real Estate Services
    Sector Real Estate
    Exchange XNYS
    Ticker RMAX
    Market www.nyse.com

    RE/MAX Holdings Inc - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown