Somewhat Positive Press Coverage Somewhat Unlikely to Impact Realogy Holdings Corp. (RLGY) Share Price
Press coverage about Realogy Holdings Corp. (NYSE:RLGY) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Realogy Holdings Corp. earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.8272369838525 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- JD.com, Inc. (JD) registers a price change of 2.97% while Realogy Holdings Corp. (RLGY) finishes with a flow of 1.32% – Stocks Gallery (stocksgallery.com)
- Sotheby’s International Realty Brand Expands Presence in South Carolina (finance.yahoo.com)
- Realogy Holdings Corp. breached its 50 day moving average in a Bullish Manner : RLGY-US : September 12, 2017 (finance.yahoo.com)
- Realogy Holdings Corp. (RLGY) Expected to Post Quarterly Sales of $1.78 Billion (americanbankingnews.com)
- $0.80 Earnings Per Share Expected for Realogy Holdings Corp. (RLGY) This Quarter (americanbankingnews.com)
Shares of Realogy Holdings Corp. (NYSE RLGY) opened at 33.85 on Friday. Realogy Holdings Corp. has a 52-week low of $21.43 and a 52-week high of $35.18. The firm’s 50-day moving average price is $34.03 and its 200-day moving average price is $31.22. The stock has a market cap of $4.62 billion, a P/E ratio of 19.73 and a beta of 1.39.
Realogy Holdings Corp. (NYSE:RLGY) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.77 EPS for the quarter, beating the consensus estimate of $0.74 by $0.03. Realogy Holdings Corp. had a net margin of 4.06% and a return on equity of 9.53%. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the prior year, the firm earned $0.74 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Equities analysts predict that Realogy Holdings Corp. will post $1.73 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 16th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Monday, August 14th. Realogy Holdings Corp.’s dividend payout ratio (DPR) is presently 21.05%.
Several research firms recently issued reports on RLGY. BidaskClub raised Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Piper Jaffray Companies reissued a “buy” rating and set a $40.00 price objective on shares of Realogy Holdings Corp. in a research note on Friday, August 4th. Deutsche Bank AG set a $42.00 price objective on Realogy Holdings Corp. and gave the company a “buy” rating in a research note on Tuesday, August 8th. Barclays PLC lifted their price objective on Realogy Holdings Corp. from $23.00 to $24.00 and gave the company an “underweight” rating in a research note on Friday, August 4th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $38.00 price objective on shares of Realogy Holdings Corp. in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. Realogy Holdings Corp. currently has a consensus rating of “Hold” and a consensus target price of $34.63.
In other Realogy Holdings Corp. news, SVP Timothy B. Gustavson sold 3,093 shares of the stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $34.84, for a total transaction of $107,760.12. Following the completion of the transaction, the senior vice president now owns 8,705 shares of the company’s stock, valued at approximately $303,282.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is owned by corporate insiders.
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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