Realogy Holdings Corp. (NYSE:RLGY):
Realogy To Release Second Quarter 2017 Financial Results And Host Webcast On August 3, 2017.
In the market the company is trading up since yesterday’s close of $32.29.
The company also recently announced a dividend for shareholders that was paid on Wednesday the 31st of May 2017. The dividend was $0.090 per share for the quarter or $0.36 annualized. This dividend amount was represent a yeild of $1.10. The ex-dividend date was Monday the 15th of May 2017.
Realogy Holdings Corp., launched on December 14, 2006, 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 brands in the real estate industry; owner of the United States residential real estate brokerage offices; provider of outsourced employee relocation services, and a provider of title and settlement services. The Company operates through four segments: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG). Its operating platform is supported by its portfolio of franchise brokerage brands, including Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby’s International Realty and Better Homes and Gardens Real Estate. It also owns and operates Corcoran, Citi Habitats and ZipRealty brands..
The stock last traded at $33.13 slightly over the 50 day moving average which is $30.58 and which is slightly above the 200 day moving average of $28.45. The 50 day moving average moved up $2.46 whereas the 200 day moving average was up $4.59 or +16.14%.
The P/E ratio is currently 20.94 and the market value is 4.56B. In the last earnings report the EPS was $1.58 and is expected to be $1.67 for the current year with 137,993,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.82 and the next full year EPS is anticipated to be $1.93.
Brokerage firms have issued ratings on RLGY. On November 15 analysts at Evercore ISI Group started coverage giving it an initial rating of “Hold”. On October 6, 2016 Wedbush initiated coverage on the stock with a rating of “Neutral”.
August 22 investment analysts at Citigroup made no change to the stock rating of “Buy” and lowered the price target from $47.00 to $43.00. On July 25, 2016 the stock rating was set at “Outperform” by Keefe Bruyette & Woods up from the previous “” rating.
On July 12 the company was changed to a “Overweight” in a report from Stephens & Co. a boost from the previous “” rating. On May 13, 2016 the stock rating was rated “Buy” according to a Compass Point report which is up from the previous “” rating.