Headlines about RE/MAX (NYSE:RMAX) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RE/MAX earned a news impact score of 0.04 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.0229290014931 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
RE/MAX (NYSE RMAX) opened at $53.60 on Friday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 10.83 and a current ratio of 10.83. RE/MAX has a one year low of $50.80 and a one year high of $67.50. The stock has a market cap of $930.81, a P/E ratio of 28.74, a PEG ratio of 3.93 and a beta of 0.80.
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th were paid a $0.18 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $0.72 annualized dividend and a yield of 1.34%. RE/MAX’s dividend payout ratio (DPR) is 54.96%.
A number of equities analysts have recently commented on RMAX shares. Piper Jaffray Companies reaffirmed a “buy” rating and set a $69.00 target price on shares of RE/MAX in a research report on Wednesday, November 1st. BidaskClub lowered shares of RE/MAX from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 1st. Craig Hallum started coverage on shares of RE/MAX in a research report on Wednesday, August 30th. They set a “buy” rating and a $75.00 target price on the stock. Finally, Zacks Investment Research raised shares of RE/MAX from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Wednesday, November 22nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $63.17.
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RE/MAX Holdings, Inc is a franchisor in the real estate industry, franchising real estate brokerages around the world under the RE/MAX brand and mortgage brokerages within the United States under the Motto Mortgage brand. The Company is a franchised business, with all of the RE/MAX branded brokerage office locations being operated by franchisees, including RE/MAX, LLC, which owns the RE/MAX brand, and sells franchises and franchising rights; Independent Regional Franchise Owner, which owns rights to sell brokerage franchises in a specified region; Franchisee (or Broker-Owner), which operates a RE/MAX-branded brokerage office, lists properties and recruits agents, and Agent (or Sales Associate), including branded independent contractors operating out of local franchise brokerage offices.
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