Realogy Holdings Corp. (NYSE:RLGY) has a beta value of 2.76 and has seen 0.72 million shares traded in the last trading session. The company, currently valued at $2.19B, closed the last trade at $18.67 per share which meant it lost -$0.11 on the day or -0.59% during that session. The RLGY stock price is -4.98% off its 52-week high price of $19.60 and 51.47% above the 52-week low of $9.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.76 million shares traded. The 3-month trading volume is 1.40 million shares.
The consensus among analysts is that Realogy Holdings Corp. (RLGY) is an Overweight stock at the moment, with a recommendation rating of 2.60. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $1.07.
Realogy Holdings Corp. (NYSE:RLGY) trade information
Sporting -0.59% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the RLGY stock price touched $18.67 or saw a rise of 1.32%. Year-to-date, Realogy Holdings Corp. shares have moved 42.30%, while the 5-day performance has seen it change 4.95%. Over the past 30 days, the shares of Realogy Holdings Corp. (NYSE:RLGY) have changed 5.06%. Short interest in the company has seen 10.08 million shares shorted with days to cover at 5.74.
Wall Street analysts have a consensus price target for the stock at $23.43, which means that the shares’ value could jump 20.32% from current levels. The projected low price target is $16.00 while the price target rests at a high of $29.00. In that case, then, we find that the current price level is -55.33% off the targeted high while a plunge would see the stock lose 14.3% from current levels.
Realogy Holdings Corp. (RLGY) estimates and forecasts
Figures show that Realogy Holdings Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained 23.89% over the past 6 months, with this year growth rate of 71.14%, compared to 8.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 132.60% and -14.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 25.10%.
6 analysts offering their estimates for the company have set an average revenue estimate of $2.28 billion for the current quarter. 6 have an estimated revenue figure of $2.14 billion for the next quarter concluding in Sep 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -35.20% over the past 5 years. Earnings growth for 2021 is a modest -89.80% while over the next 5 years, the company’s earnings are expected to increase by 27.70%.
Realogy Holdings Corp. is expected to release its next earnings report between October 27 and November 01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Realogy Holdings Corp. (NYSE:RLGY)’s Major holders
Insiders own 1.93% of the company shares, while shares held by institutions stand at 108.45% with a share float percentage of 110.59%. Investors are also buoyed by the number of investors in a company, with Realogy Holdings Corp. having a total of 310 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 21.29 million shares worth more than $322.14 million. As of Mar 30, 2021, Blackrock Inc. held 18.29% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 18.31 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $277.02 million and represent 15.73% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Longleaf Partners Small-Cap Fund and iShares Core S&P Smallcap ETF. As of Mar 30, 2021, the former fund manager holds about 7.39% shares in the company for having 8.6 million shares of worth $130.18 million while later fund manager owns 7.75 million shares of worth $137.28 million as of May 30, 2021, which makes it owner of about 6.66% of company’s outstanding stock.