Realogy Holdings Corp (RLGY) Receives Average Recommendation of “Hold” from Analysts
Shares of Realogy Holdings Corp (NYSE:RLGY) have been given a consensus recommendation of “Hold” by the eleven research firms that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $34.25.
A number of analysts recently issued reports on RLGY shares. Zacks Investment Research lowered Realogy from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. JPMorgan Chase & Co. lowered Realogy from a “neutral” rating to an “underweight” rating and set a $28.00 price target for the company. in a report on Friday, December 15th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $38.00 price target on shares of Realogy in a report on Friday, September 29th. Piper Jaffray Companies reiterated a “buy” rating and issued a $33.00 price target on shares of Realogy in a report on Friday, November 3rd. Finally, BidaskClub lowered Realogy from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th.
In related news, Director Duncan L. Niederauer bought 5,000 shares of the stock in a transaction on Monday, November 27th. The stock was bought at an average price of $26.47 per share, for a total transaction of $132,350.00. Following the completion of the acquisition, the director now directly owns 25,141 shares in the company, valued at $665,482.27. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.80% of the stock is owned by corporate insiders.
Shares of Realogy (RLGY) traded up $0.14 during midday trading on Friday, hitting $26.66. The company had a trading volume of 1,148,364 shares, compared to its average volume of 1,882,691. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $3,570.00, a price-to-earnings ratio of 15.96, a price-to-earnings-growth ratio of 0.73 and a beta of 1.33. Realogy has a 12-month low of $25.14 and a 12-month high of $35.18.
Realogy (NYSE:RLGY) last announced its quarterly earnings results on Friday, November 3rd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.10). The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Realogy had a net margin of 3.86% and a return on equity of 9.08%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.74 EPS. equities research analysts anticipate that Realogy will post 1.55 earnings per share for the current year.
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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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