Realogy (RLGY) Earns Coverage Optimism Rating of 0.05
Media headlines about Realogy (NYSE:RLGY) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Realogy earned a news impact score of 0.05 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.8135219534984 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Realogy Holdings Corp (RLGY) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Are These Just A Random Activities? Realogy Holdings Corp. (RLGY), ANVIDIA Corporation (NVDA) – Market Movers (financialqz.com)
- Coldwell Banker Residential Brokerage Helps Raise Funds For Hurricane Disaster Relief Services (realtytimes.com)
- J P Morgan Chase & Co Cuts Realogy (RLGY) Price Target to $30.00 (americanbankingnews.com)
- Guaranteed Rate’s Chief Operating Officer Nikolaos Athanasiou Named to Crain’s Chicago Business “40 Under 40” List (markets.businessinsider.com)
Several equities research analysts have commented on the company. BidaskClub lowered Realogy from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. J P Morgan Chase & Co cut their price objective on Realogy to $30.00 and set a “neutral” rating for the company in a research note on Wednesday, December 6th. Keefe, Bruyette & Woods lowered Realogy from an “outperform” rating to a “market perform” rating and set a $38.00 price objective for the company. in a research note on Tuesday, October 10th. Citigroup dropped their price target on Realogy from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, November 6th. Finally, Zacks Investment Research lowered Realogy from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $34.67.
Realogy (RLGY) traded up $0.03 during mid-day trading on Monday, hitting $27.56. The stock had a trading volume of 1,430,836 shares, compared to its average volume of 1,288,883. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $3,706.00, a price-to-earnings ratio of 17.31, a PEG ratio of 0.89 and a beta of 1.32. Realogy has a 1-year low of $25.14 and a 1-year high of $35.18.
Realogy (NYSE:RLGY) last released its quarterly earnings data on Friday, November 3rd. The financial services provider reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.10). Realogy had a net margin of 3.86% and a return on equity of 9.08%. The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s revenue was up 1.8% on a year-over-year basis. equities research analysts forecast that Realogy will post 1.55 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Wednesday, November 15th. Realogy’s dividend payout ratio is presently 21.56%.
In other Realogy news, Director Duncan L. Niederauer acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were purchased at an average cost of $26.47 per share, for a total transaction of $132,350.00. Following the completion of the acquisition, the director now owns 25,141 shares of the company’s stock, valued at approximately $665,482.27. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.80% of the company’s stock.
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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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