Headlines about Realogy (NYSE:RLGY) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Realogy earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.1251678952866 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
Realogy (NYSE RLGY) traded down $0.42 during midday trading on Thursday, hitting $27.09. The company’s stock had a trading volume of 343,208 shares, compared to its average volume of 1,417,268. Realogy has a 1 year low of $25.44 and a 1 year high of $35.18. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $3,650.00, a price-to-earnings ratio of 16.22, a PEG ratio of 0.76 and a beta of 1.33.
Realogy (NYSE:RLGY) last issued its quarterly earnings results on Friday, November 3rd. The financial services provider reported $0.70 EPS for the quarter, missing the Zacks’ consensus estimate of $0.80 by ($0.10). The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.74 billion. Realogy had a net margin of 3.86% and a return on equity of 9.08%. The business’s revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.74 earnings per share. analysts forecast that Realogy will post 1.55 earnings per share for the current year.
Several research analysts have recently commented on the company. JPMorgan Chase & Co. downgraded Realogy from a “neutral” rating to an “underweight” rating and set a $28.00 target price for the company. in a research note on Friday, December 15th. Zacks Investment Research downgraded Realogy from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Piper Jaffray Companies restated a “buy” rating and issued a $36.00 price target on shares of Realogy in a research note on Friday, December 22nd. BidaskClub upgraded Realogy from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. Finally, Citigroup dropped their price objective on Realogy from $40.00 to $37.00 and set a “buy” rating for the company in a report on Monday, November 6th. Four analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Realogy presently has a consensus rating of “Hold” and a consensus price target of $34.78.
In related news, Director Duncan L. Niederauer purchased 5,000 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was purchased at an average cost of $26.47 per share, with a total value of $132,350.00. Following the completion of the acquisition, the director now directly owns 25,141 shares of the company’s stock, valued at $665,482.27. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.80% of the stock is currently owned by corporate insiders.
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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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