Overview
Real estate franchisor's Q4 revenue slightly missed analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Adjusted EBITDA for Q4 slightly beat analyst expectations
Outlook
RE/MAX expects Q1 2026 revenue between $69 mln and $74 mln
Company forecasts full-year 2026 revenue between $285 mln and $305 mln
RE/MAX anticipates Q1 2026 adjusted EBITDA between $14 mln and $17 mln
Result Drivers
AGENT COUNT - Total agent count increased 1.4% globally, driven by growth outside the U.S. and Canada
FEE MODEL CHANGES - Revenue decline partly due to modifications in fee models, including Aspire, affecting organic revenue
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Slight Miss* | $71.10 mln | $71.36 mln (3 Analysts) |
Q4 Adjusted EPS | Miss | $0.30 | $0.31 (4 Analysts) |
Q4 EPS | $0.07 | ||
Q4 Net Income | $1.40 mln | ||
Q4 Adjusted EBITDA | Slight Beat* | $22.40 mln | $22.30 mln (3 Analysts) |
Q4 Adjusted EBITDA Margin | 31.50% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the real estate services peer group is "buy."
Wall Street's median 12-month price target for Re/Max Holdings Inc is $9.00, about 31.8% above its February 18 closing price of $6.83
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago
Press Release: ID:nPn9gFCsZa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)