RE/MAX (RMAX) Stock Forecast, Price Target & Predictions

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RMAX Stock Forecast

RE/MAX stock forecast is as follows: an average price target of $16.67 (represents a 46.10% upside from RMAX’s last price of $11.41) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

RMAX Price Target

The average price target for RE/MAX (RMAX) is $16.67 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $7.00. This represents a potential 46.10% upside from RMAX's last price of $11.41.

RMAX Analyst Ratings

Buy

According to 3 Wall Street analysts, RE/MAX's rating consensus is 'Buy'. The analyst rating breakdown for RMAX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).

RE/MAX Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 06, 2024	John Campbell	Stephens	$9.00	$7.71	16.73%	-21.12%
Apr 10, 2024	Richard Hill	Morgan Stanley	$7.00	$8.26	-15.25%	-38.65%
May 02, 2022	-	JonesTrading	$34.00	$23.46	44.93%	197.98%

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The latest RE/MAX stock forecast, released on May 06, 2024 by John Campbell from Stephens, set a price target of $9.00, which represents a 16.73% increase from the stock price at the time of the forecast ($7.71), and a -21.12% decrease from RMAX last price ($11.41).

RE/MAX Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$8.00
Last Closing Price	$11.41	$11.41	$11.41
Upside/Downside	-100.00%	-100.00%	-29.89%

In the current month, the average price target of RE/MAX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RE/MAX's last price of $11.41. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 12, 2024	Stephens	Equal-Weight	Equal-Weight	Hold
May 06, 2024	Stephens	Equal-Weight	Equal-Weight	Hold
Nov 07, 2023	Morgan Stanley	-	Underweight	Downgrade
May 02, 2022	JonesTrading	Buy	Buy	Hold

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RE/MAX's last stock rating was published by Stephens on Aug 12, 2024. The company gave RMAX a "Equal-Weight" rating, the same as its previous rate.

RE/MAX Financial Forecast

RE/MAX Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	-	-	-	$85.40M	$81.27M	$88.94M	$92.17M	$91.00M	$89.16M	$91.00M	$77.25M	$72.30M	$72.45M	$71.07M	$52.21M	$70.27M	$68.19M	$71.54M	$71.38M	$71.18M	$52.64M	$48.23M
Avg Forecast	$75.64M	$79.31M	$79.48M	$78.16M	$75.06M	$78.13M	$77.80M	$77.26M	$76.99M	$81.65M	$82.53M	$83.58M	$83.15M	$88.95M	$92.06M	$89.80M	$89.15M	$90.27M	$76.46M	$74.03M	$71.30M	$70.75M	$52.09M	$70.26M	$68.42M	$71.36M	$72.32M	$69.51M	$41.90M	$45.04M
High Forecast	$76.72M	$80.43M	$80.61M	$78.70M	$75.41M	$78.26M	$77.80M	$77.50M	$77.67M	$81.65M	$83.71M	$84.77M	$84.33M	$88.95M	$92.06M	$89.80M	$89.15M	$90.27M	$76.46M	$74.03M	$71.30M	$70.75M	$52.09M	$70.26M	$68.42M	$71.36M	$72.32M	$69.51M	$50.28M	$54.05M
Low Forecast	$74.62M	$78.23M	$78.41M	$77.63M	$74.70M	$78.00M	$77.80M	$77.01M	$76.40M	$81.65M	$81.41M	$82.45M	$82.03M	$88.95M	$92.06M	$89.80M	$89.15M	$90.27M	$76.46M	$74.03M	$71.30M	$70.75M	$52.09M	$70.26M	$68.42M	$71.36M	$72.32M	$69.51M	$33.52M	$36.03M
# Analysts	1	1	1	2	3	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	11	15	9	9	8	8	12	16	19	15
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.98%	1.00%	1.00%	1.01%	1.00%	1.01%	1.01%	0.98%	1.02%	1.00%	1.00%	1.00%	1.00%	1.00%	0.99%	1.02%	1.26%	1.07%

RE/MAX's average Quarter revenue forecast for Jun 23 based on 2 analysts is $82.53M, with a low forecast of $81.41M, and a high forecast of $83.71M. RMAX's average Quarter revenue forecast represents a -3.36% decrease compared to the company's last Quarter revenue of $85.40M (Mar 23).

RE/MAX EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	11	15	9	9	8	8	12	16	19	15
EBITDA	-	-	-	-	-	-	-	-	-	-	-	$15.95M	$25.27M	$17.00M	$28.64M	$20.34M	$17.02M	$-12.72M	$15.00M	$10.07M	$13.16M	$14.61M	$12.79M	$15.41M	$13.71M	$21.31M	$20.45M	$15.03M	$14.14M	$16.29M
Avg Forecast	$14.73M	$15.45M	$15.48M	$15.22M	$14.62M	$15.22M	$15.15M	$18.50M	$15.00M	$15.90M	$16.07M	$16.82M	$17.38M	$24.17M	$25.02M	$15.29M	$24.23M	$24.53M	$20.78M	$9.85M	$19.38M	$19.23M	$14.16M	$15.80M	$18.59M	$19.39M	$19.66M	$14.71M	$10.52M	$15.43M
High Forecast	$14.94M	$15.67M	$15.70M	$15.33M	$14.69M	$15.24M	$15.15M	$22.20M	$15.13M	$15.90M	$16.30M	$20.19M	$20.86M	$24.17M	$25.02M	$18.35M	$24.23M	$24.53M	$20.78M	$11.81M	$19.38M	$19.23M	$14.16M	$18.96M	$18.59M	$19.39M	$19.66M	$17.65M	$12.62M	$18.52M
Low Forecast	$14.53M	$15.24M	$15.27M	$15.12M	$14.55M	$15.19M	$15.15M	$14.80M	$14.88M	$15.90M	$15.86M	$13.46M	$13.91M	$24.17M	$25.02M	$12.23M	$24.23M	$24.53M	$20.78M	$7.88M	$19.38M	$19.23M	$14.16M	$12.64M	$18.59M	$19.39M	$19.66M	$11.77M	$8.41M	$12.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.95%	1.45%	0.70%	1.14%	1.33%	0.70%	-0.52%	0.72%	1.02%	0.68%	0.76%	0.90%	0.98%	0.74%	1.10%	1.04%	1.02%	1.34%	1.06%

2 analysts predict RMAX's average Quarter EBITDA for Jun 23 to be $16.07M, with a high of $16.30M and a low of $15.86M. This is 0.80% upper than RE/MAX's previous annual EBITDA (Mar 23) of $15.95M.

RE/MAX Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	11	15	9	9	8	8	12	16	19	15
Net Income	-	-	-	-	-	-	-	-	-	$-59.45M	-	$-679.00K	$-2.83M	$-910.00K	$10.28M	$2.94M	$5.62M	$-25.15M	$5.20M	$1.09M	$1.29M	$3.55M	$3.49M	$2.63M	$2.89M	$9.17M	$8.57M	$4.41M	$4.98M	$4.91M
Avg Forecast	$6.23M	$7.68M	$7.83M	$3.97M	$5.69M	$7.03M	$6.77M	$1.76M	$5.58M	$7.00M	$7.81M	$1.60M	$3.18M	$11.13M	$12.12M	$1.45M	$10.60M	$11.90M	$10.67M	$1.07M	$8.56M	$11.48M	$7.33M	$2.70M	$8.74M	$10.77M	$11.19M	$4.32M	$3.71M	$4.65M
High Forecast	$6.35M	$7.82M	$7.98M	$4.44M	$6.28M	$7.14M	$6.78M	$2.11M	$5.68M	$7.01M	$7.95M	$1.92M	$3.81M	$11.13M	$12.12M	$1.74M	$10.60M	$11.90M	$10.67M	$1.28M	$8.56M	$11.48M	$7.33M	$3.24M	$8.74M	$10.77M	$11.19M	$5.18M	$4.45M	$5.58M
Low Forecast	$6.12M	$7.54M	$7.69M	$3.51M	$5.10M	$6.93M	$6.77M	$1.40M	$5.38M	$7.00M	$7.67M	$1.28M	$2.54M	$11.13M	$12.12M	$1.16M	$10.60M	$11.90M	$10.67M	$854.19K	$8.56M	$11.48M	$7.33M	$2.16M	$8.74M	$10.77M	$11.19M	$3.45M	$2.96M	$3.72M
Surprise %	-	-	-	-	-	-	-	-	-	-8.49%	-	-0.43%	-0.89%	-0.08%	0.85%	2.03%	0.53%	-2.11%	0.49%	1.02%	0.15%	0.31%	0.48%	0.98%	0.33%	0.85%	0.77%	1.02%	1.34%	1.06%

RE/MAX's average Quarter net income forecast for Sep 22 is $11.13M, with a range of $11.13M to $11.13M. RMAX's average Quarter net income forecast represents a 8.33% increase compared to the company's last Quarter net income of $10.28M (Jun 22).

RE/MAX SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	11	15	9	9	8	8	12	16	19	15
SG&A	-	-	-	-	-	-	-	-	-	-	-	$49.12M	$34.96M	$49.70M	$40.78M	$47.83M	$46.28M	$51.10M	$38.82M	$43.68M	$87.87M	$35.07M	$31.76M	$40.99M	$40.79M	$30.07M	$31.27M	$39.08M	$38.94M	$32.79M
Avg Forecast	$37.35M	$39.16M	$39.25M	$38.59M	$37.06M	$38.58M	$38.41M	$57.88M	$38.01M	$40.31M	$40.75M	$52.61M	$47.27M	$43.92M	$45.46M	$47.83M	$44.02M	$44.57M	$37.75M	$42.71M	$35.21M	$34.93M	$25.72M	$42.01M	$33.78M	$35.23M	$35.71M	$38.25M	$28.96M	$31.06M
High Forecast	$37.88M	$39.71M	$39.80M	$38.86M	$37.23M	$38.64M	$38.41M	$69.45M	$38.35M	$40.31M	$41.33M	$63.14M	$56.73M	$43.92M	$45.46M	$57.40M	$44.02M	$44.57M	$37.75M	$51.25M	$35.21M	$34.93M	$25.72M	$50.41M	$33.78M	$35.23M	$35.71M	$45.90M	$34.75M	$37.28M
Low Forecast	$36.84M	$38.63M	$38.71M	$38.33M	$36.88M	$38.51M	$38.41M	$46.30M	$37.72M	$40.31M	$40.20M	$42.09M	$37.82M	$43.92M	$45.46M	$38.26M	$44.02M	$44.57M	$37.75M	$34.16M	$35.21M	$34.93M	$25.72M	$33.61M	$33.78M	$35.23M	$35.71M	$30.60M	$23.17M	$24.85M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.93%	0.74%	1.13%	0.90%	1.00%	1.05%	1.15%	1.03%	1.02%	2.50%	1.00%	1.23%	0.98%	1.21%	0.85%	0.88%	1.02%	1.34%	1.06%

RE/MAX's average Quarter SG&A projection for Jun 23 is $40.75M, based on 2 Wall Street analysts, with a range of $40.20M to $41.33M. The forecast indicates a -17.03% fall compared to RMAX last annual SG&A of $49.12M (Mar 23).

RE/MAX EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	2	2	4	2	2	2	1	1	1	1	2	2	2	2	11	15	9	9	8	8	12	16	19	15
EPS	-	-	-	-	-	-	-	-	-	$-3.28	-	$-0.04	$-0.16	$-0.05	$0.54	$0.16	$0.30	$-1.34	$0.28	$0.06	$0.07	$0.20	$0.19	$0.15	$0.16	$0.51	$0.48	$0.25	$0.28	$0.28
Avg Forecast	$0.32	$0.39	$0.40	$0.20	$0.29	$0.36	$0.35	$0.19	$0.29	$0.36	$0.40	$0.26	$0.45	$0.59	$0.64	$0.51	$0.56	$0.63	$0.56	$0.47	$0.45	$0.60	$0.39	$0.40	$0.46	$0.57	$0.59	$0.47	$0.29	$0.36
High Forecast	$0.33	$0.40	$0.41	$0.23	$0.32	$0.37	$0.35	$0.19	$0.29	$0.36	$0.41	$0.27	$0.46	$0.59	$0.64	$0.51	$0.56	$0.63	$0.56	$0.47	$0.45	$0.60	$0.39	$0.40	$0.46	$0.57	$0.59	$0.47	$0.35	$0.43
Low Forecast	$0.31	$0.39	$0.39	$0.18	$0.26	$0.36	$0.35	$0.19	$0.28	$0.36	$0.39	$0.26	$0.44	$0.59	$0.64	$0.51	$0.56	$0.63	$0.56	$0.47	$0.45	$0.60	$0.39	$0.40	$0.46	$0.57	$0.59	$0.47	$0.23	$0.29
Surprise %	-	-	-	-	-	-	-	-	-	-9.13%	-	-0.14%	-0.35%	-0.08%	0.85%	0.32%	0.54%	-2.14%	0.50%	0.13%	0.16%	0.33%	0.49%	0.37%	0.35%	0.90%	0.82%	0.54%	0.97%	0.78%

According to 1 Wall Street analysts, RE/MAX's projected average Quarter EPS for Sep 22 is $0.59, with a low estimate of $0.59 and a high estimate of $0.59. This represents a 8.46% increase compared to RMAX previous annual EPS of $0.54 (Jun 22).

RE/MAX Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
HOUS	Anywhere Real Estate	$4.13	$8.50	105.81%	Sell
FTHM	Fathom	$1.84	$2.75	49.46%	Buy
RMR	RMR Group	$21.88	$32.00	46.25%	Hold
RMAX	RE/MAX	$11.41	$16.67	46.10%	Buy
FSV	FirstService	$186.08	$196.00	5.33%	Buy
EXPI	eXp World	$12.83	$13.50	5.22%	Buy
MMI	Marcus & Millichap	$40.64	$26.00	-36.02%	Buy
NYC	New York City REIT	$8.40	$1.13	-86.55%	-

RMAX Forecast FAQ

Is RE/MAX a good buy?

Yes, according to 3 Wall Street analysts, RE/MAX (RMAX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of RMAX's total ratings.

What is RMAX's price target?

RE/MAX (RMAX) average price target is $16.67 with a range of $7 to $34, implying a 46.10% from its last price of $11.41. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will RE/MAX stock go up soon?

According to Wall Street analysts' prediction for RMAX stock, the company can go up by 46.10% (from the last price of $11.41 to the average price target of $16.67), up by 197.98% based on the highest stock price target, and down by -38.65% based on the lowest stock price target.

Can RE/MAX stock reach $20?

RMAX's highest twelve months analyst stock price target of $34 supports the claim that RE/MAX can reach $20 in the near future.

What are RE/MAX's analysts' financial forecasts?

RE/MAX's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $308.24M (high $308.97M, low $307.5M), average EBITDA is $63.49M (high $67.29M, low $59.7M), average net income is $21.26M (high $22.31M, low $20.21M), average SG&A $171.92M (high $183.74M, low $160.11M), and average EPS is $1.19 (high $1.23, low $1.16). RMAX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $312.59M (high $316.46M, low $308.88M), average EBITDA is $60.88M (high $61.64M, low $60.16M), average net income is $25.72M (high $26.59M, low $24.87M), average SG&A $154.34M (high $156.25M, low $152.51M), and average EPS is $1.32 (high $1.36, low $1.28).

Did the RMAX's actual financial results beat the analysts' financial forecasts?

Based on RE/MAX's last annual report (Dec 2022), the company's revenue was $353.39M, which missed the average analysts forecast of $353.96M by -0.16%. Apple's EBITDA was $91.25M, beating the average prediction of $81.87M by 11.46%. The company's net income was $9.48M, missing the average estimation of $27.88M by -65.98%. Apple's SG&A was $173.28M, missing the average forecast of $184.48M by -6.07%. Lastly, the company's EPS was $0.51, missing the average prediction of $2.18 by -76.62%. In terms of the last quarterly report (Mar 2023), RE/MAX's revenue was $85.4M, beating the average analysts' forecast of $83.58M by 2.18%. The company's EBITDA was $15.95M, missing the average prediction of $16.82M by -5.19%. RE/MAX's net income was $-679K, missing the average estimation of $1.6M by -142.54%. The company's SG&A was $49.12M, missing the average forecast of $52.61M by -6.65%. Lastly, the company's EPS was $-0.0379, missing the average prediction of $0.262 by -114.44%