Wall Street analysts predict that RealPage Inc (NASDAQ:RP) will announce earnings per share (EPS) of $0.35 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for RealPage’s earnings. RealPage reported earnings of $0.22 per share during the same quarter last year, which suggests a positive year over year growth rate of 59.1%. The business is scheduled to announce its next quarterly earnings report on Thursday, November 1st.

On average, analysts expect that RealPage will report full year earnings of $1.46 per share for the current year, with EPS estimates ranging from $1.45 to $1.46. For the next financial year, analysts expect that the firm will post earnings of $1.77 per share, with EPS estimates ranging from $1.67 to $1.87. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover RealPage.

RealPage (NASDAQ:RP) last announced its earnings results on Thursday, August 2nd. The software maker reported $0.37 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.37. RealPage had a return on equity of 10.56% and a net margin of 0.69%. The firm had revenue of $216.36 million for the quarter, compared to analysts’ expectations of $215.14 million. During the same quarter in the previous year, the company earned $0.23 earnings per share. The firm’s quarterly revenue was up 33.3% compared to the same quarter last year.

RP has been the topic of several research reports. Royal Bank of Canada upped their price target on RealPage to $64.00 and gave the company a “sector perform” rating in a report on Friday, August 3rd. KeyCorp lifted their price objective on shares of RealPage from $65.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, August 3rd. Zacks Investment Research cut shares of RealPage from a “hold” rating to a “sell” rating in a research report on Wednesday, July 11th. JPMorgan Chase & Co. started coverage on shares of RealPage in a research report on Thursday, June 21st. They set an “overweight” rating and a $76.00 price objective on the stock. Finally, BidaskClub upgraded shares of RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, July 14th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $63.88.

Shares of NASDAQ RP traded up $0.45 during trading on Tuesday, hitting $62.00. The company had a trading volume of 433,776 shares, compared to its average volume of 625,363. The stock has a market capitalization of $5.73 billion, a P/E ratio of 172.22 and a beta of 1.15. RealPage has a 52 week low of $38.40 and a 52 week high of $63.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 0.96.

In related news, Director Alfred R. Berkeley III sold 4,000 shares of the company’s stock in a transaction on Friday, August 10th. The shares were sold at an average price of $59.23, for a total value of $236,920.00. Following the completion of the sale, the director now directly owns 35,881 shares in the company, valued at $2,125,231.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Ashley Chaffin Glover sold 18,000 shares of the business’s stock in a transaction on Thursday, August 30th. The stock was sold at an average price of $61.52, for a total transaction of $1,107,360.00. Following the transaction, the chief operating officer now directly owns 108,401 shares of the company’s stock, valued at approximately $6,668,829.52. The disclosure for this sale can be found here. Insiders sold 2,599,264 shares of company stock valued at $152,462,542 over the last quarter. 24.91% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN raised its position in shares of RealPage by 14.4% during the first quarter. Wells Fargo & Company MN now owns 827,093 shares of the software maker’s stock valued at $42,595,000 after buying an additional 103,942 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of RealPage during the first quarter valued at about $364,000. Mackay Shields LLC acquired a new position in shares of RealPage during the first quarter valued at about $232,000. American Century Companies Inc. raised its position in shares of RealPage by 9.6% during the first quarter. American Century Companies Inc. now owns 300,753 shares of the software maker’s stock valued at $15,489,000 after buying an additional 26,356 shares during the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new position in shares of RealPage during the first quarter valued at about $1,457,000. 81.13% of the stock is owned by hedge funds and other institutional investors.

RealPage Company Profile

RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions.

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Earnings History and Estimates for RealPage (NASDAQ:RP)

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