Realogy Holdings Corp (NYSE:RLGY) has been given an average recommendation of “Hold” by the eleven research firms that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $32.29.

Several analysts have issued reports on the stock. Zacks Investment Research lowered shares of Realogy from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th. ValuEngine lowered shares of Realogy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Finally, Citigroup dropped their price target on shares of Realogy from $37.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, May 4th.

NYSE RLGY traded down $0.47 on Friday, hitting $21.19. 1,209,230 shares of the stock were exchanged, compared to its average volume of 2,210,244. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.26. Realogy has a 52 week low of $20.02 and a 52 week high of $35.00. The firm has a market capitalization of $2.67 billion, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 0.59 and a beta of 1.19.

Realogy (NYSE:RLGY) last posted its quarterly earnings results on Friday, August 3rd. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.01. Realogy had a net margin of 6.58% and a return on equity of 8.32%. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same period in the prior year, the firm posted $0.78 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. research analysts anticipate that Realogy will post 1.83 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 30th. Stockholders of record on Thursday, August 16th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, August 15th. Realogy’s payout ratio is presently 22.93%.

Several institutional investors and hedge funds have recently modified their holdings of RLGY. Pzena Investment Management LLC raised its position in shares of Realogy by 996.9% in the second quarter. Pzena Investment Management LLC now owns 3,057,328 shares of the financial services provider’s stock valued at $69,707,000 after purchasing an additional 2,778,604 shares during the period. Okumus Fund Management Ltd. raised its position in shares of Realogy by 43.3% in the first quarter. Okumus Fund Management Ltd. now owns 8,227,926 shares of the financial services provider’s stock valued at $224,458,000 after purchasing an additional 2,484,565 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Realogy by 36.7% in the second quarter. Dimensional Fund Advisors LP now owns 6,522,809 shares of the financial services provider’s stock valued at $148,721,000 after purchasing an additional 1,750,240 shares during the period. EdgePoint Investment Group Inc. raised its position in shares of Realogy by 12.9% in the second quarter. EdgePoint Investment Group Inc. now owns 15,200,848 shares of the financial services provider’s stock valued at $346,579,000 after purchasing an additional 1,737,469 shares during the period. Finally, Boston Partners raised its position in shares of Realogy by 540.9% in the first quarter. Boston Partners now owns 1,650,342 shares of the financial services provider’s stock valued at $45,021,000 after purchasing an additional 1,392,836 shares during the period.

Realogy Company Profile

Realogy Holdings Corp. is an integrated provider of residential real estate services in the United States. The Company is the franchisor of residential real estate brokerages with some of the recognized brands in the real estate industry, the owner of United States residential real estate brokerage offices, the global provider of outsourced employee relocation services and a provider of title and settlement services.

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Analyst Recommendations for Realogy (NYSE:RLGY)

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