According to Zacks, “Realogy Holdings Corp. is a provider of real estate services. The Company through its subsidiaries provides real estate brokerage services, relocation services, and title and settlement services. The Company’s brands and business units include Better Homes and Gardens(R) Real Estate, CENTURY 21(R), Coldwell Banker(R), Coldwell Banker Commercial(R), The Corcoran Group(R), ERA(R), Sotheby’s International Realty(R), NRT LLC, Cartus and Title Resource Group. Realogy Holdings Corp. is headquartered in Parsippany, New Jersey. “
Several other research analysts have also weighed in on the company. Citigroup Inc. reduced their target price on Realogy Holdings Corp. from $47.00 to $43.00 and set a buy rating on the stock in a report on Monday, August 22nd. Piper Jaffray Cos. reissued an overweight rating and issued a $36.00 price target on shares of Realogy Holdings Corp. in a research note on Tuesday, August 30th. Stephens raised Realogy Holdings Corp. from an equal weight rating to an overweight rating and set a $37.00 price target on the stock in a research note on Tuesday, July 12th. Keefe, Bruyette & Woods raised Realogy Holdings Corp. from a market perform rating to an outperform rating and set a $36.00 price target on the stock in a research note on Monday, July 25th. Finally, Compass Point dropped their price target on Realogy Holdings Corp. from $40.00 to $35.00 and set a buy rating on the stock in a research note on Friday, August 5th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Realogy Holdings Corp. has an average rating of Buy and a consensus target price of $36.72.
Shares of Realogy Holdings Corp. (NYSE:RLGY) opened at 26.01 on Wednesday. Realogy Holdings Corp. has a 52 week low of $25.39 and a 52 week high of $43.51. The company’s 50-day moving average price is $26.31 and its 200 day moving average price is $30.28. The company has a market cap of $3.77 billion, a P/E ratio of 22.80 and a beta of 1.33.
Realogy Holdings Corp. (NYSE:RLGY) last posted its earnings results on Thursday, August 4th. The company reported $0.74 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by $0.03. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.71 billion. Realogy Holdings Corp. had a return on equity of 10.22% and a net margin of 2.92%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. On average, equities analysts forecast that Realogy Holdings Corp. will post $1.36 EPS for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the stock. American International Group Inc. increased its stake in Realogy Holdings Corp. by 2.9% in the second quarter. American International Group Inc. now owns 7,242 shares of the company’s stock worth $210,000 after buying an additional 202 shares in the last quarter. Utah Retirement Systems increased its stake in Realogy Holdings Corp. by 0.8% in the second quarter. Utah Retirement Systems now owns 35,800 shares of the company’s stock worth $1,039,000 after buying an additional 300 shares in the last quarter. Amalgamated Bank increased its stake in Realogy Holdings Corp. by 1.9% in the second quarter. Amalgamated Bank now owns 17,479 shares of the company’s stock worth $475,000 after buying an additional 327 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD increased its stake in Realogy Holdings Corp. by 3.6% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 9,612 shares of the company’s stock worth $278,000 after buying an additional 333 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Realogy Holdings Corp. by 1.9% in the third quarter. BNP Paribas Arbitrage SA now owns 18,932 shares of the company’s stock worth $490,000 after buying an additional 350 shares in the last quarter.
Realogy Holdings Corp. 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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