Media stories about Realogy (NYSE:RLGY) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Realogy earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.8780887860182 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Several research analysts have commented on RLGY shares. TheStreet upgraded Realogy from a “c+” rating to a “b” rating in a research note on Wednesday, August 9th. BidaskClub upgraded Realogy from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $38.00 target price on shares of Realogy in a research note on Thursday, August 10th. Citigroup cut their target price on Realogy from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, November 6th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $33.00 target price on shares of Realogy in a research note on Friday, November 3rd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Realogy currently has an average rating of “Hold” and a consensus price target of $34.67.
Realogy (RLGY) traded up $0.24 during trading hours on Thursday, hitting $27.60. The company’s stock had a trading volume of 2,617,620 shares, compared to its average volume of 1,283,550. Realogy has a 1 year low of $25.14 and a 1 year high of $35.18. The stock has a market cap of $3,695.23, a PE ratio of 17.26, a P/E/G ratio of 0.89 and a beta of 1.32. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.41.
Realogy (NYSE:RLGY) last released its quarterly earnings results on Friday, November 3rd. The financial services provider reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.10). Realogy had a net margin of 3.86% and a return on equity of 9.08%. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same period in the previous year, the business earned $0.74 EPS. The business’s revenue was up 1.8% on a year-over-year basis. equities analysts expect that Realogy will post 1.55 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th were issued a $0.09 dividend. The ex-dividend date was Wednesday, November 15th. This represents a $0.36 annualized dividend and a dividend yield of 1.30%. Realogy’s payout ratio is currently 21.56%.
In other Realogy news, Director Duncan L. Niederauer purchased 5,000 shares of the stock in a transaction on Monday, November 27th. The shares were purchased at an average price of $26.47 per share, with a total value of $132,350.00. Following the acquisition, the director now directly owns 25,141 shares in the company, valued at approximately $665,482.27. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.80% of the company’s stock.
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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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