Realogy Holdings Corp (RLGY) Plans $0.09 Quarterly Dividend

Realogy Holdings Corp (NYSE:RLGY) declared a quarterly dividend on Friday, November 2nd, RTT News reports. Shareholders of record on Thursday, November 15th will be paid a dividend of 0.09 per share by the financial services provider on Thursday, November 29th. This represents a $0.36 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date is Wednesday, November 14th.

Shares of Realogy stock opened at $19.11 on Friday. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 0.53 and a beta of 1.19. The company has a quick ratio of 0.56, a current ratio of 0.58 and a debt-to-equity ratio of 1.26. Realogy has a one year low of $17.43 and a one year high of $28.07.

Realogy (NYSE:RLGY) last announced its earnings results on Friday, November 2nd. The financial services provider reported $0.84 EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.07). The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.71 billion. Realogy had a return on equity of 8.74% and a net margin of 6.71%. The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 earnings per share. On average, sell-side analysts anticipate that Realogy will post 1.74 EPS for the current year.

A number of equities analysts have commented on RLGY shares. Zacks Investment Research upgraded shares of Realogy from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. Piper Jaffray Companies downgraded shares of Realogy from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $32.00 to $19.00 in a report on Monday. Finally, Barclays set a $17.00 target price on shares of Realogy and gave the stock a “sell” rating in a report on Monday. Three research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Realogy presently has an average rating of “Hold” and an average price target of $27.86.

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About Realogy

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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Dividend History for Realogy (NYSE:RLGY)

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