Equities research analysts expect Realogy Holdings Corp (NYSE:RLGY) to report earnings of $0.82 per share for the current quarter, according to Zacks. Two analysts have made estimates for Realogy’s earnings, with the lowest EPS estimate coming in at $0.77 and the highest estimate coming in at $0.87. Realogy posted earnings per share of $1.00 during the same quarter last year, which indicates a negative year-over-year growth rate of 18%. The business is expected to issue its next quarterly earnings results on Friday, August 2nd.

On average, analysts expect that Realogy will report full-year earnings of $1.08 per share for the current year, with EPS estimates ranging from $0.94 to $1.16. For the next financial year, analysts expect that the company will report earnings of $1.28 per share, with EPS estimates ranging from $1.03 to $1.44. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Realogy.

Realogy (NYSE:RLGY) last released its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.67) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.67). Realogy had a net margin of 1.76% and a return on equity of 6.82%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company posted ($0.38) earnings per share. The business’s revenue was down 9.4% on a year-over-year basis.

Several analysts have recently commented on the stock. Compass Point downgraded shares of Realogy from a “neutral” rating to a “sell” rating and lowered their target price for the company from $16.50 to $11.25 in a report on Wednesday, February 27th. Barclays lowered their target price on shares of Realogy from $17.00 to $13.00 and set an “underweight” rating for the company in a report on Wednesday, February 27th. JPMorgan Chase & Co. lowered their target price on shares of Realogy to $14.00 and set an “underweight” rating for the company in a report on Tuesday, March 5th. Finally, Stephens downgraded shares of Realogy from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $8.00 in a report on Monday. Four equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Realogy has an average rating of “Sell” and a consensus target price of $12.67.

Shares of RLGY stock traded down $0.44 on Wednesday, hitting $6.55. The stock had a trading volume of 3,647,500 shares, compared to its average volume of 2,966,722. The company has a market cap of $833.76 million, a P/E ratio of 4.37 and a beta of 1.77. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.58 and a quick ratio of 0.58. Realogy has a 12-month low of $6.52 and a 12-month high of $25.08.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Wednesday, May 15th were issued a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $0.36 annualized dividend and a dividend yield of 5.50%. Realogy’s dividend payout ratio is currently 24.00%.

Realogy announced that its Board of Directors has approved a stock buyback plan on Tuesday, February 26th that permits the company to repurchase $175.00 million in shares. This repurchase authorization permits the financial services provider to buy up to 8.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

In other news, CEO Ryan M. Schneider bought 119,300 shares of the stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $8.38 per share, for a total transaction of $999,734.00. Following the completion of the acquisition, the chief executive officer now directly owns 352,761 shares in the company, valued at approximately $2,956,137.18. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. ARGA Investment Management LP grew its position in Realogy by 3.9% during the first quarter. ARGA Investment Management LP now owns 23,100 shares of the financial services provider’s stock valued at $263,000 after buying an additional 875 shares during the period. BOKF NA boosted its position in Realogy by 2.8% during the fourth quarter. BOKF NA now owns 40,889 shares of the financial services provider’s stock worth $600,000 after purchasing an additional 1,123 shares during the period. Nordea Investment Management AB boosted its position in Realogy by 0.8% during the first quarter. Nordea Investment Management AB now owns 235,791 shares of the financial services provider’s stock worth $2,689,000 after purchasing an additional 1,986 shares during the period. Enlightenment Research LLC bought a new position in Realogy during the fourth quarter worth about $31,000. Finally, United Services Automobile Association boosted its position in Realogy by 2.8% during the fourth quarter. United Services Automobile Association now owns 76,243 shares of the financial services provider’s stock worth $1,119,000 after purchasing an additional 2,111 shares during the period.

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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Earnings History and Estimates for Realogy (NYSE:RLGY)

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