Shares of Realogy Holdings Corp. (NYSE:RLGY) have received a consensus rating of “Hold” from the ten research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $34.71.
RLGY has been the subject of a number of recent research reports. Zacks Investment Research cut Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. TheStreet raised Realogy Holdings Corp. from a “c+” rating to a “b” rating in a report on Wednesday, August 9th. BidaskClub cut Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Piper Jaffray Companies reissued a “buy” rating and issued a $33.00 target price on shares of Realogy Holdings Corp. in a report on Friday, November 3rd. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $38.00 target price on shares of Realogy Holdings Corp. in a report on Friday, September 29th.
Shares of Realogy Holdings Corp. (RLGY) traded up $0.03 on Thursday, hitting $26.09. The stock had a trading volume of 1,960,000 shares, compared to its average volume of 1,970,000. Realogy Holdings Corp. has a fifty-two week low of $23.43 and a fifty-two week high of $35.18. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a market cap of $3,510.00, a PE ratio of 16.43, a PEG ratio of 0.85 and a beta of 1.38.
Realogy Holdings Corp. (NYSE:RLGY) last issued its earnings results on Friday, November 3rd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.10). Realogy Holdings Corp. had a return on equity of 9.08% and a net margin of 3.86%. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the company posted $0.74 earnings per share. The company’s quarterly revenue was up 1.8% on a year-over-year basis. analysts anticipate that Realogy Holdings Corp. will post 1.53 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 16th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, November 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.38%. Realogy Holdings Corp.’s dividend payout ratio (DPR) is presently 21.56%.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FMR LLC grew its position in Realogy Holdings Corp. by 10.1% during the 2nd quarter. FMR LLC now owns 12,344,949 shares of the financial services provider’s stock worth $400,594,000 after acquiring an additional 1,131,699 shares during the last quarter. BlackRock Inc. grew its position in Realogy Holdings Corp. by 2,352.2% during the 1st quarter. BlackRock Inc. now owns 6,789,662 shares of the financial services provider’s stock worth $202,264,000 after acquiring an additional 6,512,779 shares during the last quarter. JPMorgan Chase & Co. grew its position in Realogy Holdings Corp. by 3.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,586,764 shares of the financial services provider’s stock worth $116,390,000 after acquiring an additional 115,408 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Realogy Holdings Corp. by 9.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,202,554 shares of the financial services provider’s stock worth $72,578,000 after acquiring an additional 185,517 shares during the last quarter. Finally, State Street Corp grew its position in Realogy Holdings Corp. by 2.9% during the 1st quarter. State Street Corp now owns 1,877,658 shares of the financial services provider’s stock worth $55,937,000 after acquiring an additional 52,560 shares during the last quarter.
About Realogy Holdings Corp.
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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