There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for RE/MAX Holdings Inc (RMAX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.10%, to $9.77. The RE/MAX Holdings Inc has recorded 14,720 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed RE/MAX, LLC SETTLEMENT GRANTED PRELIMINARY APPROVAL IN ANTITRUST CLASS ACTION LAWSUITS.
This NYSE-listed company operates within the Real Estate Services industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $9.78 and fluctuated between $10.00 as its day high and $9.27 as its day low. The current market capitalization of RE/MAX Holdings Inc is $178.39M. A total of 0.58 million shares were traded on the day, compared to an average of 357.84K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, RMAX has seen 7 BUY and 0 SELL insider trades, representing the acquisition of 255,931 and the disposition of 0 shares. Over the last 12 months, there were 63 BUYs and 16 SELLs from insiders. Insiders purchased 915,518 shares during that period but sold 35,356.
In the most recent transaction, Peterson Adam K bought 15,000 shares of RMAX for 10.74 per share on Oct 18. After the transaction, the 10% Owner now owns 2,907,522 company shares. In a previous transaction on Oct 16, Peterson Adam K bought 51,850 shares at 10.86 per share. RMAX shares that 10% Owner owns now total 2,892,522.
Among the insiders who bought shares, Peterson Adam K acquired of 192,500 shares on Oct 03 at a per-share price of $12.45. This resulted in the 10% Owner holding 2,840,672 shares of RMAX after the transaction. In another insider transaction, Peterson Adam K bought 23,065 shares at $12.81 per share on Oct 02. Company shares held by the 10% Owner now total 2,648,172.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. RMAX’s most recent ex-dividend date was 8/14/2023 when it declared a $0.23 quarterly dividend that was paid in cash on 8/29/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/16/2023. The RMAX stock dividend was $0.23 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for RMAX in the last 3 months, the mean price target is $13.60 with high estimates of $18.00 and low estimates of $9.00. In terms of 52-week highs and lows, RMAX has a high of $24.28 and a low of $8.70.
As of this writing, RMAX has an earnings estimate of $0.29 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.33 per share and a lower estimate of $0.25.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RMAX’s latest balance sheet shows that the firm has $126.27M in Cash & Short Term Investments as of fiscal 2021. There were $504.33M in debt and $146.22M in liabilities at the time. Its Book Value Per Share was $22.88, while its Total Shareholder’s Equity was $69.07M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RMAX is Buy with a score of 2.67.