Realogy (RLGY) Receiving Somewhat Favorable Press Coverage, Accern Reports
News coverage about Realogy (NYSE:RLGY) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Realogy earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.8018925580347 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Marble Arch Investments LP Trimmed Acadia Healthcare Company In (ACHC) Stake; Realogy Holdings (RLGY) Has … – Hill Country Times (hillcountrytimes.com)
- Weekly Top Insider Buys Highlight for the Week of Dec. 1 (finance.yahoo.com)
- Better Homes and Gardens Real Estate Franchise Enters Arkansas (pressreleasepoint.com)
- Coldwell Banker partners with Guaranteed Rate Affinity for mortgage originations (mycentraljersey.com)
- Top Buys by Directors: Niederauer’s $132.3K Bet on RLGY – Nasdaq (nasdaq.com)
Several brokerages recently commented on RLGY. Zacks Investment Research cut Realogy from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. BidaskClub lowered Realogy from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Citigroup lowered their price objective on Realogy from $40.00 to $37.00 and set a “buy” rating on the stock in a research note on Monday, November 6th. Piper Jaffray Companies reissued a “buy” rating and set a $33.00 price objective on shares of Realogy in a research note on Friday, November 3rd. Finally, Keefe, Bruyette & Woods lowered Realogy from an “outperform” rating to a “market perform” rating and set a $38.00 price objective on the stock. in a research note on Tuesday, October 10th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $35.25.
Realogy (NYSE RLGY) traded down $0.24 during midday trading on Friday, reaching $27.66. The company’s stock had a trading volume of 1,950,000 shares, compared to its average volume of 2,128,279. The firm has a market capitalization of $3,723.51, a price-to-earnings ratio of 17.40, a P/E/G ratio of 0.89 and a beta of 1.33. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.94 and a quick ratio of 0.94. Realogy has a one year low of $23.82 and a one 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 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.10). The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.74 billion. Realogy had a return on equity of 9.08% and a net margin of 3.86%. The business’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the firm posted $0.74 EPS. equities research analysts predict that Realogy will post 1.55 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend was Wednesday, November 15th. Realogy’s dividend payout ratio (DPR) is presently 21.56%.
In other Realogy news, Director Duncan L. Niederauer purchased 5,000 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of $26.47 per share, with a total value of $132,350.00. Following the purchase, the director now directly owns 25,141 shares in the company, valued at approximately $665,482.27. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 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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