News coverage about RealPage (NASDAQ:RP) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. RealPage earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.220210878504 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
RealPage opened at $59.55 on Friday, Marketbeat.com reports. RealPage has a 52-week low of $32.50 and a 52-week high of $61.95. The firm has a market capitalization of $5.00 billion, a PE ratio of 165.42 and a beta of 1.09. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.21.
RealPage (NASDAQ:RP) last released its quarterly earnings data on Tuesday, February 27th. The software maker reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.04). RealPage had a return on equity of 11.01% and a net margin of 0.43%. The business had revenue of $188.39 million during the quarter, compared to analyst estimates of $186.46 million. research analysts anticipate that RealPage will post 1.05 EPS for the current fiscal year.
Several equities analysts recently commented on the stock. Zacks Investment Research lowered shares of RealPage from a “buy” rating to a “hold” rating in a research report on Wednesday, January 24th. KeyCorp increased their price objective on shares of RealPage from $53.00 to $61.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. They noted that the move was a valuation call. Benchmark increased their price objective on shares of RealPage from $51.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Royal Bank of Canada increased their price objective on shares of RealPage to $59.00 and gave the stock a “sector perform” rating in a research report on Friday, May 4th. Finally, Morgan Stanley set a $62.00 price objective on shares of RealPage and gave the stock a “buy” rating in a research report on Friday, May 4th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $61.14.
In related news, Chairman Stephen T. Winn sold 521,137 shares of the firm’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $52.88, for a total transaction of $27,557,724.56. Following the completion of the sale, the chairman now directly owns 2,550,047 shares of the company’s stock, valued at approximately $134,846,485.36. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Alfred R. Berkeley III sold 4,000 shares of the firm’s stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $52.86, for a total transaction of $211,440.00. Following the sale, the director now directly owns 36,038 shares of the company’s stock, valued at $1,904,968.68. The disclosure for this sale can be found here. Insiders sold 2,308,930 shares of company stock valued at $125,034,032 in the last three months. Company insiders own 24.91% of the company’s stock.
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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