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Re/Max Holdings (NASDAQ:RMAX) announced its earnings results on Wednesday. The company reported $0.45 earnings per share for the quarter, Analyst Ratings News reports. The company had revenue of $42.30 million for the quarter, compared to the consensus estimate of $39.20 million.

Re/Max Holdings (NASDAQ:RMAX) traded up 0.21% on Wednesday, hitting $29.10. The stock had a trading volume of 43,612 shares. Re/Max Holdings has a 52 week low of $25.40 and a 52 week high of $33.54. The stock’s 50-day moving average is $29.0 and its 200-day moving average is $29.12. The company has a market cap of $337.8 million and a P/E ratio of 86.17.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Monday, August 18th.

A number of analysts have recently weighed in on RMAX shares. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Re/Max Holdings in a research note on Tuesday, June 3rd. They now have a $35.00 price target on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Re/Max Holdings from $29.00 to $30.00 in a research note on Thursday, May 29th. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $32.67.

Re/Max Holdings, Inc is a franchisor of real estate brokerage services. Its business is to recruit and retain agents and sell franchises.

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