Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Realogy Holdings Corp. (RLGY) Share Price
Media headlines about Realogy Holdings Corp. (NYSE:RLGY) have trended somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Realogy Holdings Corp. earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.5161397140121 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Lightning Round: Jim Cramer Likes Blackstone, UnitedHealth (benzinga.com)
- Realogy Holdings Corp. (RLGY) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Realogy Grants Employee Inducement Awards Pursuant to NYSE Rule 303A.08 – Markets Insider (markets.businessinsider.com)
- Realogy Corporation (franchising.com)
A number of equities research analysts have recently weighed in on RLGY shares. Zacks Investment Research lowered Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Wedbush lifted their price objective on Realogy Holdings Corp. from $32.00 to $37.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 12th. TheStreet upgraded Realogy Holdings Corp. from a “c+” rating to a “b” rating in a research report on Wednesday, August 9th. BidaskClub lowered Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $38.00 price objective on shares of Realogy Holdings Corp. in a research report on Friday, September 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $34.75.
Realogy Holdings Corp. (NYSE:RLGY) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.03. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.73 billion. Realogy Holdings Corp. had a return on equity of 9.53% and a net margin of 4.06%. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 EPS.
In other Realogy Holdings Corp. news, SVP Timothy B. Gustavson sold 3,093 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $34.84, for a total value of $107,760.12. Following the sale, the senior vice president now owns 8,705 shares of the company’s stock, valued at $303,282.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.80% of the stock is currently owned by insiders.
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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