Bhonsle covers the Real Estate sector, focusing on stocks such as Re/Max Holdings, Stewart Information Services, and Compass. According to TipRanks, Bhonsle has an average return of 0.5% and a 57.14% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Re/Max Holdings with a $18.75 average price target.
Based on Re/Max Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $32.1 million and a net profit of $2.01 million. In comparison, last year the company earned a revenue of $34.13 million and had a net profit of $5.83 million
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RMAX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
RE/MAX Holdings, Inc. is an investment company, which operates through its subsidiaries, engages in the provision of real estate franchise services. Its brands include RE/MAX real estate brokerage services and Motto Mortgage brokerage franchises. The firm operates through its segments RE/MAX Franchising, Motto Franchising and Booj. The RE/MAX Franchising segment comprises the operations of the global franchising operations. The company was founded by David L. Liniger and Gail A. Liniger in June 25, 2013 and is headquartered in Denver, CO.
Read More on RMAX:
- S&P announces changes to S&P 600 index at open on 9/18
- Re/Max Holdings sees 2023 revenue $320.0M-$332.0M, consensus $330.32M
- Re/Max Holdings sees Q3 revenue $78.5M-$83.5M, consensus $82.58M
- Re/Max Holdings reports Q2 adjusted EPS 40c, consensus 40c
- RE/MAX HOLDINGS, INC. REPORTS SECOND QUARTER 2023 RESULTS