A number of firms have modified their ratings and price targets on shares of RealPage (NASDAQ: RP) recently:

  • 9/7/2017 – RealPage is now covered by analysts at KeyCorp. They set an “overweight” rating and a $50.00 price target on the stock.
  • 9/5/2017 – RealPage was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “RealPage, Inc. provides on-demand property management solutions that enable owners and managers of single-family and a wide variety of multi-family rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. The Company’s products include OneSite Solutions, to increase occupancy and reduce operating expenses through streamlined operations; CrossFire, a sales and marketing system to capture more leads, manage and retain more residents, and provide residents with the means to sign up for utilities and other services; YieldStar, to optimize asset values through revenue management, portfolio management, and market intelligence; LeasingDesk, a risk mitigation system; Velocity, to generate comprehensive utility and convergent bills for properties and deliver superior submetering services; OpsTechnology, a spend management system. RealPage, Inc. is headquartered in Carrollton, Texas. “
  • 9/2/2017 – RealPage was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/30/2017 – RealPage was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “RealPage, Inc. provides on-demand property management solutions that enable owners and managers of single-family and a wide variety of multi-family rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. The Company’s products include OneSite Solutions, to increase occupancy and reduce operating expenses through streamlined operations; CrossFire, a sales and marketing system to capture more leads, manage and retain more residents, and provide residents with the means to sign up for utilities and other services; YieldStar, to optimize asset values through revenue management, portfolio management, and market intelligence; LeasingDesk, a risk mitigation system; Velocity, to generate comprehensive utility and convergent bills for properties and deliver superior submetering services; OpsTechnology, a spend management system. RealPage, Inc. is headquartered in Carrollton, Texas. “
  • 8/21/2017 – RealPage was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “RealPage, Inc. provides on-demand property management solutions that enable owners and managers of single-family and a wide variety of multi-family rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. The Company’s products include OneSite Solutions, to increase occupancy and reduce operating expenses through streamlined operations; CrossFire, a sales and marketing system to capture more leads, manage and retain more residents, and provide residents with the means to sign up for utilities and other services; YieldStar, to optimize asset values through revenue management, portfolio management, and market intelligence; LeasingDesk, a risk mitigation system; Velocity, to generate comprehensive utility and convergent bills for properties and deliver superior submetering services; OpsTechnology, a spend management system. RealPage, Inc. is headquartered in Carrollton, Texas. “
  • 8/9/2017 – RealPage had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $42.00 price target on the stock, up previously from $38.00.
  • 8/9/2017 – RealPage had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $45.00 price target on the stock, up previously from $42.00.
  • 8/9/2017 – RealPage was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “RealPage, Inc. provides on-demand property management solutions that enable owners and managers of single-family and a wide variety of multi-family rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. The Company’s products include OneSite Solutions, to increase occupancy and reduce operating expenses through streamlined operations; CrossFire, a sales and marketing system to capture more leads, manage and retain more residents, and provide residents with the means to sign up for utilities and other services; YieldStar, to optimize asset values through revenue management, portfolio management, and market intelligence; LeasingDesk, a risk mitigation system; Velocity, to generate comprehensive utility and convergent bills for properties and deliver superior submetering services; OpsTechnology, a spend management system. RealPage, Inc. is headquartered in Carrollton, Texas. “
  • 8/3/2017 – RealPage had its price target raised by analysts at Royal Bank Of Canada from $38.00 to $42.00. They now have a “sector perform” rating on the stock.
  • 8/3/2017 – RealPage had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $47.00 price target on the stock, up previously from $42.00.
  • 8/3/2017 – RealPage had its price target raised by analysts at Deutsche Bank AG from $42.00 to $45.00. They now have a “buy” rating on the stock.
  • 7/24/2017 – RealPage had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $38.00 price target on the stock.
  • 7/18/2017 – RealPage had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $42.00 price target on the stock, up previously from $40.00.

RealPage, Inc. (NASDAQ:RP) opened at 41.85 on Monday. The company has a market capitalization of $3.31 billion, a PE ratio of 130.78 and a beta of 1.06. The stock has a 50 day moving average of $40.61 and a 200-day moving average of $36.97. RealPage, Inc. has a 12-month low of $23.69 and a 12-month high of $43.65.

RealPage (NASDAQ:RP) last posted its quarterly earnings data on Wednesday, August 2nd. The software maker reported $0.23 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.01. RealPage had a return on equity of 10.26% and a net margin of 4.25%. The company had revenue of $161.30 million for the quarter, compared to the consensus estimate of $160.02 million. During the same quarter in the previous year, the business earned $0.18 EPS. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. Equities analysts expect that RealPage, Inc. will post $0.93 earnings per share for the current year.

In other news, EVP William P. Chaney sold 15,000 shares of RealPage stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $41.30, for a total transaction of $619,500.00. Following the transaction, the executive vice president now owns 196,339 shares in the company, valued at $8,108,800.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Stephen T. Winn sold 159,600 shares of RealPage stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $34.93, for a total value of $5,574,828.00. Following the transaction, the chairman now owns 3,581,629 shares in the company, valued at approximately $125,106,300.97. The disclosure for this sale can be found here. Insiders sold a total of 1,658,454 shares of company stock worth $64,670,970 over the last 90 days. Insiders own 33.24% of the company’s stock.

RealPage, Inc is a provider of technology to the real estate industry, helping owners, managers and investors. The Company’s property management solutions are referred to as Enterprise Resource Planning systems. Its on demand platform provides a single point of access and a repository of real-time lease transaction data, including prospect, renter and property data.

Receive News & Ratings for RealPage Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealPage Inc and related companies with MarketBeat.com's FREE daily email newsletter.