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RE/MAX Holdings Inc (NYSE: RMAX) maintains its position as a global leader in real estate franchising through continuous innovation and strategic market expansion. This news hub provides investors and industry professionals with essential updates about the company’s operational milestones, financial performance, and agent network growth.
Access authoritative information on quarterly earnings, franchise developments, technology initiatives, and leadership updates. Our curated collection features official press releases and verified third-party reports, ensuring you stay informed about RMAX’s evolving position in residential and mortgage brokerage markets.
Key content categories include financial disclosures, strategic partnerships, agent network statistics, and regulatory filings. All materials are organized chronologically highlight RE/MAX’s progress in enhancing its technology platforms and expanding its international footprint across 100+ countries.
Bookmark this page for streamlined access to RE/MAX Holdings’ latest developments. Regularly updated content helps stakeholders make data-driven decisions while tracking the company’s performance in competitive real estate markets.
RE/MAX, LLC announced the inclusion of nine new companies into its Approved Supplier program on December 22, 2020. This program connects affiliates with vetted service providers, enhancing their business operations. Notable new suppliers include Digs for financial tools, eComFax for secure faxing, and Hurdlr for expense tracking. These partnerships aim to provide RE/MAX agents with exclusive discounts and resources, driving efficiency and additional value in their services.
RE/MAX has launched its 'Miracle Masks' campaign to benefit Children's Miracle Network (CMN) Hospitals, featuring face coverings designed by children impacted by the organization. Each pack of three masks sells for $30, donating $15 to local CMN Hospitals. This initiative aims to address the significant revenue loss of approximately $67 million reported by CMN Hospitals during the pandemic. Additionally, RE/MAX is organizing a luxury auction and virtual toy drives as part of its continuing commitment to support children and families in need.
RE/MAX Holdings, Inc. (NYSE: RMAX) announced that CFO Karri Callahan and Motto Mortgage President Ward Morrison will attend the 2020 Stephens Annual Investment Conference on November 17, 2020, at 10:00 a.m. EST. This event will be streamed live via audio webcast, accessible through the RE/MAX investor relations website. RE/MAX, founded in 1973, is a leading real estate franchise with over 135,000 agents in more than 110 countries and territories. Motto Mortgage, launched in 2016, has expanded to over 130 offices in 30 states.
RE/MAX Holdings (RMAX) reported Q3 2020 results highlighting a 5.1% increase in overall agent count, reaching 134,769 agents. Revenue totaled $71.1 million, down 0.7% from Q3 2019, with adjusted EBITDA at $30.3 million, a 7.7% increase. Net income decreased to $3.6 million, with GAAP EPS falling to $0.19. Total operating expenses rose 25.3% to $60.3 million, driven by increased operational costs. The company declared a quarterly dividend of $0.22 per share, payable December 2, 2020.
RE/MAX Holdings, Inc. (NYSE: RMAX) announced a quarterly cash dividend of $0.22 per share of Class A common stock. The dividend will be payable on December 2, 2020, to shareholders of record by the close of business on November 18, 2020. With over 130,000 agents in more than 110 countries, RE/MAX leads the global real estate franchise market. This announcement reflects the company's commitment to returning value to shareholders while continuing its growth in the real estate and mortgage sectors.
RE/MAX Holdings (RMAX) released its operational and financial outlook for Q3 2020, forecasting a 4.0%-4.5% increase in agent count and projected revenue between $69.0 million and $71.0 million. The company also announced the acquisition of the Gadberry Group, enhancing its technological capabilities. This acquisition, alongside the previously announced wemlo acquisition, aims to diversify RE/MAX's revenue streams. Despite expecting these acquisitions to be accretive to Adjusted EBITDA in 2022, immediate financial impacts are anticipated to be negligible.
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