Realogy (NYSE:RLGY) Posts Quarterly Earnings Results, Beats Estimates By $0.30 EPS

Realogy (NYSE:RLGY) released its quarterly earnings results on Thursday. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.30, RTT News reports. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Realogy had a positive return on equity of 4.46% and a negative net margin of 11.19%. During the same quarter last year, the firm posted $0.83 EPS.

NYSE RLGY opened at $9.06 on Friday. The company has a fifty day moving average of $7.56 and a two-hundred day moving average of $7.03. Realogy has a 1 year low of $2.09 and a 1 year high of $13.88. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.54 and a quick ratio of 0.54. The company has a market capitalization of $1.02 billion, a PE ratio of 11.58 and a beta of 2.78.

Several equities research analysts recently weighed in on the company. ValuEngine lowered Realogy from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Susquehanna Bancshares dropped their price objective on Realogy from $8.00 to $3.00 and set a “neutral” rating for the company in a research note on Monday, April 6th. Keefe, Bruyette & Woods decreased their target price on Realogy from $10.00 to $5.00 and set a “market perform” rating on the stock in a research report on Wednesday, May 13th. Evercore ISI upgraded Realogy from an “in-line” rating to an “outperform” rating and set a $13.00 price target on the stock in a report on Friday. Finally, Compass Point raised Realogy from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $9.00.

Realogy 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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Earnings History for Realogy (NYSE:RLGY)

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