Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Realogy (RLGY) Share Price
Media stories about Realogy (NYSE:RLGY) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Realogy earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.6365384438548 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Realogy (RLGY) Downgraded to Underweight at J P Morgan Chase & Co (americanbankingnews.com)
- Realogy Holdings Corp (RLGY) Expected to Announce Quarterly Sales of $1.47 Billion (americanbankingnews.com)
- ETFs with exposure to Realogy Holdings Corp. : December 13, 2017 (finance.yahoo.com)
- Realogy Holdings Corp (RLGY) Expected to Announce Earnings of $0.23 Per Share (americanbankingnews.com)
- Realogy Holdings Corp. :RLGY-US: Earnings Analysis: Q3, 2017 By the Numbers : December 12, 2017 (finance.yahoo.com)
Realogy (RLGY) traded up $0.12 during mid-day trading on Friday, hitting $26.24. 7,625,245 shares of the stock traded hands, compared to its average volume of 1,333,674. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.94 and a current ratio of 0.94. Realogy has a twelve month low of $25.14 and a twelve month high of $35.18. The stock has a market cap of $3,540.00, a price-to-earnings ratio of 16.62, a P/E/G ratio of 0.85 and a beta of 1.32.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were given a dividend of $0.09 per share. The ex-dividend date was Wednesday, November 15th. This represents a $0.36 annualized dividend and a dividend yield of 1.37%. Realogy’s dividend payout ratio (DPR) is presently 21.56%.
RLGY has been the topic of several recent research reports. Zacks Investment Research lowered shares of Realogy from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Piper Jaffray Companies reissued a “buy” rating and set a $33.00 target price on shares of Realogy in a research note on Friday, November 3rd. Keefe, Bruyette & Woods reissued a “buy” rating and set a $38.00 target price on shares of Realogy in a research note on Friday, September 29th. BidaskClub raised shares of Realogy from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. Finally, Citigroup lowered their target price on shares of Realogy from $40.00 to $37.00 and set a “buy” rating on the stock in a research note on Monday, November 6th. Four research 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 company presently has an average rating of “Hold” and a consensus price target of $34.44.
In related news, Director Duncan L. Niederauer purchased 5,000 shares of Realogy stock in a transaction that occurred on Monday, November 27th. The stock was purchased at an average price of $26.47 per share, for a total transaction of $132,350.00. Following the transaction, the director now directly owns 25,141 shares in the company, valued at $665,482.27. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 1.80% of the stock is owned by corporate insiders.
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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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