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 50.86% upside from RMAX’s last price of $11.05) 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 50.86% upside from RMAX's last price of $11.05.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 06, 2024John CampbellStephens$9.00$7.7116.73%-18.55%
Apr 10, 2024Richard HillMorgan Stanley$7.00$8.26-15.25%-36.65%
May 02, 2022JonesTrading$34.00$23.4644.93%207.69%

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 -18.55% decrease from RMAX last price ($11.05).

RE/MAX Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$8.00
Last Closing Price$11.05$11.05$11.05
Upside/Downside-100.00%-100.00%-27.60%

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 $11.05. 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


DateCompanyPrevious RatingNew RatingRating Change
Aug 12, 2024StephensEqual-WeightEqual-WeightHold
May 06, 2024StephensEqual-WeightEqual-WeightHold
Nov 07, 2023Morgan StanleyUnderweightDowngrade
May 02, 2022JonesTradingBuyBuyHold

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 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$75.74M$79.27M$79.52M$78.06M$74.90M$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$77.14M$80.73M$80.98M$78.60M$75.25M$78.26M$77.80M$77.50M$77.67M$81.65M$84.05M$85.12M$84.69M$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$74.58M$78.06M$78.30M$77.53M$74.54M$78.00M$77.80M$77.01M$76.40M$81.65M$81.27M$82.30M$81.88M$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
# Analysts111231224222111122221115998812161915
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 $81.27M, and a high forecast of $84.05M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111231224222111122221115998812161915
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$14.75M$15.44M$15.49M$15.20M$14.59M$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$15.02M$15.72M$15.77M$15.31M$14.66M$15.24M$15.15M$22.20M$15.13M$15.90M$16.37M$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$15.20M$15.25M$15.10M$14.52M$15.19M$15.15M$14.80M$14.88M$15.90M$15.83M$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 $16.37M and a low of $15.83M. This is 0.80% upper than RE/MAX's previous annual EBITDA (Mar 23) of $15.95M.

RE/MAX Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111231224222111122221115998812161915
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$6.22M$7.66M$7.82M$3.96M$5.68M$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$6.37M$7.84M$8.01M$4.43M$5.86M$7.14M$6.78M$2.11M$5.71M$7.01M$7.99M$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$6.10M$7.51M$7.66M$3.50M$5.49M$6.93M$6.77M$1.40M$5.38M$7.00M$7.65M$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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111231224222111122221115998812161915
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$37.40M$39.14M$39.26M$38.54M$36.98M$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$38.09M$39.86M$39.99M$38.81M$37.15M$38.64M$38.41M$69.45M$38.35M$40.31M$41.50M$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$36.83M$38.54M$38.66M$38.28M$36.80M$38.51M$38.41M$46.30M$37.72M$40.31M$40.13M$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 $40.13M to $41.50M. The forecast indicates a -17.03% fall compared to RMAX last annual SG&A of $49.12M (Mar 23).

RE/MAX EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111231224222111122221115998812161915
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$0.30$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$0.28$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FTHMFathom$1.80$2.7552.78%Buy
RMRRMR Group$21.58$32.0048.29%Hold
RMAXRE/MAX$11.78$16.6741.51%Buy
EXPIeXp World$12.58$13.507.31%Buy
FSVFirstService$186.36$196.005.17%Buy
HOUSAnywhere Real Estate$4.18$3.50-16.27%Sell
MMIMarcus & Millichap$39.25$26.00-33.76%Buy
NYCNew 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 50.86% from its last price of $11.05. 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 50.86% (from the last price of $11.05 to the average price target of $16.67), up by 207.69% based on the highest stock price target, and down by -36.65% 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 $308.08M (high $308.81M, low $307.34M), average EBITDA is $63.46M (high $67.25M, low $59.66M), average net income is $21.24M (high $21.89M, low $20.6M), average SG&A $171.84M (high $183.66M, low $160.03M), and average EPS is $1.19 (high $1.21, low $1.18). RMAX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $312.59M (high $317.45M, low $308.48M), average EBITDA is $60.88M (high $61.83M, low $60.08M), average net income is $25.66M (high $26.65M, low $24.76M), average SG&A $154.34M (high $156.74M, low $152.31M), and average EPS is $1.32 (high $1.37, low $1.27).

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%