Realogy Holdings Corp. (RLGY) Releases Quarterly Earnings Results, Beats Expectations By $0.18 EPS
Realogy Holdings Corp. (NYSE:RLGY) announced its earnings results on Monday. The company reported $1.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.85 by $0.18, Stock Ratings Network reports. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.48 billion.
RLGY has been the subject of a number of recent research reports. Analysts at Sterne Agee initiated coverage on shares of Realogy Holdings Corp. in a research note to investors on Wednesday, October 30th. They set a “neutral” rating and a $45.00 price target on the stock. On a related note, analysts at Credit Suisse cut their price target on shares of Realogy Holdings Corp. from $49.00 to $42.00 in a research note to investors on Monday, October 21st. They now have a “neutral” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Realogy Holdings Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, October 7th. They now have a $54.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $49.78.
Shares of Realogy Holdings Corp. (NYSE:RLGY) opened at 40.67 on Monday. Realogy Holdings Corp. has a 52-week low of $33.41 and a 52-week high of $55.28. The stock’s 50-day moving average is $43.33 and its 200-day moving average is $46.57. The company’s market cap is $5.939 billion.
Realogy Holdings Corp., formerly Domus Holdings Corp., is a holding company for its wholly owned subsidiary, Domus Intermediate Holdings Corp.
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