Brokerages predict that Realogy Holdings Corp (NYSE:RLGY) will announce sales of $1.72 billion for the current quarter, according to Zacks. Two analysts have made estimates for Realogy’s earnings. The lowest sales estimate is $1.72 billion and the highest is $1.73 billion. Realogy posted sales of $1.67 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 3%. The company is expected to issue its next quarterly earnings report before the market opens on Friday, November 2nd.

On average, analysts expect that Realogy will report full year sales of $6.25 billion for the current financial year, with estimates ranging from $6.22 billion to $6.28 billion. For the next financial year, analysts expect that the company will post sales of $6.50 billion, with estimates ranging from $6.44 billion to $6.55 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Realogy.

Realogy (NYSE:RLGY) last announced its quarterly earnings data on Friday, August 3rd. The financial services provider reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.01. Realogy had a net margin of 6.58% and a return on equity of 8.32%. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the business earned $0.78 earnings per share. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year.

Separately, Zacks Investment Research upgraded shares of Realogy from a “sell” rating to a “hold” rating in a research note on Tuesday, August 28th. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Realogy has a consensus rating of “Hold” and an average target price of $30.86.

Shares of NYSE RLGY opened at $18.69 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.26. Realogy has a 52 week low of $18.13 and a 52 week high of $33.46. The stock has a market capitalization of $2.56 billion, a P/E ratio of 11.90, a P/E/G ratio of 0.56 and a beta of 1.18.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Summit Trail Advisors LLC raised its position in Realogy by 88,695.7% during the first quarter. Summit Trail Advisors LLC now owns 145,625 shares of the financial services provider’s stock worth $146,000 after acquiring an additional 145,461 shares during the last quarter. Point72 Hong Kong Ltd raised its position in Realogy by 649.3% during the second quarter. Point72 Hong Kong Ltd now owns 6,849 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 5,935 shares during the last quarter. NumerixS Investment Technologies Inc acquired a new position in Realogy during the second quarter worth about $158,000. Federated Investors Inc. PA acquired a new position in Realogy during the second quarter worth about $222,000. Finally, Element Capital Management LLC acquired a new position in Realogy during the first quarter worth about $283,000.

Realogy 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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Earnings History and Estimates for Realogy (NYSE:RLGY)

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