Ryland Group Given Consensus Rating of “Hold” by Analysts (NYSE:RYL)
Ryland Group (NYSE:RYL) has been given a consensus recommendation of “Hold” by the thirteen analysts that are presently covering the company, StockRatingsNetwork reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $46.18.
Shares of Ryland Group (NYSE:RYL) traded up 0.29% on Thursday, hitting $37.42. 423,346 shares of the company’s stock traded hands. Ryland Group has a 1-year low of $33.04 and a 1-year high of $50.42. The stock’s 50-day moving average is $40.24 and its 200-day moving average is $40.88. The company has a market cap of $1.743 billion and a price-to-earnings ratio of 5.49.
Ryland Group (NYSE:RYL) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.42 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.46 by $0.04. The company had revenue of $489.68 million for the quarter, compared to the consensus estimate of $474.28 million. During the same quarter last year, the company posted $0.43 earnings per share. Ryland Group’s revenue was up 30.7% compared to the same quarter last year. Analysts expect that Ryland Group will post $3.16 EPS for the current fiscal year.
RYL has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Ryland Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, April 8th. They now have a $38.10 price target on the stock. Separately, analysts at Goldman Sachs reiterated a “buy” rating on shares of Ryland Group in a research note on Thursday, February 6th.
The Ryland Group, Inc, is a homebuilders and a mortgage-finance company. In addition, Ryland Mortgage Company and its subsidiaries, and RMC Mortgage Corporation (NYSE:RYL) provide mortgage financing and related services.
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