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MarketScreener Homepage  >  Equities  >  Nyse  >  RE/MAX Holdings, Inc.    RMAX

RE/MAX HOLDINGS, INC.

(RMAX)
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RE/MAX INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of RE/MAX Holdings, Inc. - RMAX

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11/08/2019 | 10:51pm EST

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into RE/MAX Holdings, Inc. (NYSE: RMAX).

Between March and April 2019, the Company was one of several national real estate brokers sued in antitrust class action lawsuits alleging that they had entered into agreements with other brokers that caused home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.

KSF’s investigation is focusing on whether RE/MAX’s officers and/or directors breached their fiduciary duties to RE/MAX’s shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of RE/MAX shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-rmax/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


© Business Wire 2019
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Financials (USD)
Sales 2019 273 M
EBIT 2019 72,6 M
Net income 2019 26,7 M
Debt 2019 170 M
Yield 2019 2,23%
P/E ratio 2019 24,9x
P/E ratio 2020 26,2x
EV / Sales2019 3,08x
EV / Sales2020 2,77x
Capitalization 672 M
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Technical analysis trends RE/MAX HOLDINGS, INC.
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TrendsBullishBullishNeutral
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 38,25  $
Last Close Price 37,66  $
Spread / Highest target 19,5%
Spread / Average Target 1,57%
Spread / Lowest Target -20,3%
EPS Revisions
Managers
NameTitle
Adam M. Contos Chief Executive Officer & Director
David L. Liniger Non-Executive Chairman
Serene M. Smith Chief Operating Officer & Chief of Staff
Karri R. Callahan Chief Financial Officer
Jerry Modes Senior Vice President-Information Technology
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