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Fly News Breaks for November 5, 2018
RMAX
Nov 5, 2018 | 08:52 EDT
Craig-Hallum analyst Bradley Berning lowered his price target for RE/MAX Holdings to $50 from $65, while reiterating a Buy rating on the shares. The analyst still believes RE/MAX's model will not be displaced in the changing residential real estate environment given its high payout franchisee model, and thinks investors should begin to look at this story given cyclical housing sector pressure on the stock. Investments have pressured margins but are positioning the company to deliver better results when the cycle turns, he contends.
News For RMAX From the Last 2 Days
RMAX
Apr 25, 2024 | 17:08 EDT
Real Estate Services Analysts, along with James Dwiggns, CEO of NextHome, discuss the latest perspectives on the proposed National Association of Realtors (NAR) Settlement and the implications on brokerage business models (relevant companies ZG/Z, CSGP, COMP, RDFN, EXPI, HOUS, FTHM, REAX, RMAX) on an Analyst/Industry conference call to be held on May 1 at 11 am.
