Shares of Realogy Holdings Corp. (NYSE:RLGY) have earned a consensus recommendation of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $34.86.
Several research firms have recently issued reports on RLGY. Piper Jaffray Companies restated a “buy” rating and issued a $40.00 price target on shares of Realogy Holdings Corp. in a research report on Friday. BidaskClub lowered Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Barclays PLC raised their price target on Realogy Holdings Corp. from $23.00 to $24.00 and gave the stock an “underweight” rating in a research report on Friday. Deutsche Bank AG set a $42.00 price target on Realogy Holdings Corp. and gave the stock a “buy” rating in a research report on Tuesday. Finally, Zacks Investment Research lowered Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th.
A number of hedge funds and other institutional investors have recently bought and sold shares of RLGY. Federated Investors Inc. PA acquired a new position in Realogy Holdings Corp. during the second quarter valued at $101,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in Realogy Holdings Corp. by 310.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,100 shares of the financial services provider’s stock valued at $122,000 after buying an additional 3,100 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Realogy Holdings Corp. by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 4,136 shares of the financial services provider’s stock valued at $123,000 after buying an additional 86 shares in the last quarter. Nisa Investment Advisors LLC acquired a new position in Realogy Holdings Corp. during the first quarter valued at $134,000. Finally, Westpac Banking Corp acquired a new position in Realogy Holdings Corp. during the first quarter valued at $220,000.
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Shares of Realogy Holdings Corp. (NYSE:RLGY) traded down 0.34% during midday trading on Tuesday, hitting $34.86. The stock had a trading volume of 1,310,529 shares. Realogy Holdings Corp. has a one year low of $21.43 and a one year high of $35.18. The firm has a market capitalization of $4.81 billion, a PE ratio of 22.09 and a beta of 1.40. The firm’s 50-day moving average price is $32.71 and its 200-day moving average price is $29.67.
Realogy Holdings Corp. (NYSE:RLGY) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Realogy Holdings Corp. had a return on equity of 9.53% and a net margin of 4.06%. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the company earned $0.74 EPS. The firm’s revenue was up 7.9% on a year-over-year basis. On average, equities analysts predict that Realogy Holdings Corp. will post $1.70 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 16th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Monday, August 14th. This represents a $0.36 annualized dividend and a yield of 1.03%. Realogy Holdings Corp.’s dividend payout ratio is presently 21.05%.
Realogy Holdings Corp. Company Profile
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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