NYSE:RLGY

Stock Analysis Report

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Executive Summary

Realogy Holdings Corp., through its subsidiaries, provides residential real estate services.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Realogy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RLGY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.9%

RLGY

2.1%

US Real Estate

1.7%

US Market


1 Year Return

-16.7%

RLGY

-18.1%

US Real Estate

8.5%

US Market

Return vs Industry: RLGY exceeded the US Real Estate industry which returned -18.6% over the past year.

Return vs Market: RLGY underperformed the US Market which returned 9.3% over the past year.


Shareholder returns

RLGYIndustryMarket
7 Day10.9%2.1%1.7%
30 Day56.4%10.6%9.5%
90 Day-29.7%-27.1%0.1%
1 Year-15.5%-16.7%-17.5%-18.1%11.0%8.5%
3 Year-77.8%-79.0%-17.9%-19.8%32.2%23.5%
5 Year-85.0%-86.0%-24.4%-26.7%58.6%40.8%

Price Volatility Vs. Market

How volatile is Realogy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Realogy Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RLGY ($6.32) is trading below our estimate of fair value ($18.56)

Significantly Below Fair Value: RLGY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RLGY is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: RLGY is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RLGY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RLGY is good value based on its PB Ratio (0.4x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Realogy Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

120.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RLGY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: RLGY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RLGY's is expected to become profitable in the next 3 years.

Revenue vs Market: RLGY's revenue (6% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: RLGY's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RLGY's Return on Equity is forecast to be low in 3 years time (2.6%).


Next Steps

Past Performance

How has Realogy Holdings performed over the past 5 years?

-23.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RLGY is currently unprofitable.

Growing Profit Margin: RLGY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RLGY is unprofitable, and losses have increased over the past 5 years at a rate of -23.9% per year.

Accelerating Growth: Unable to compare RLGY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RLGY is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: RLGY has a negative Return on Equity (-28.64%), as it is currently unprofitable.


Next Steps

Financial Health

How is Realogy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: RLGY's short term assets ($1.6B) do not cover its short term liabilities ($1.6B).

Long Term Liabilities: RLGY's short term assets ($1.6B) do not cover its long term liabilities ($4.2B).


Debt to Equity History and Analysis

Debt Level: RLGY's debt to equity ratio (245%) is considered high.

Reducing Debt: RLGY's debt to equity ratio has increased from 194.6% to 245% over the past 5 years.

Debt Coverage: RLGY's debt is not well covered by operating cash flow (9.8%).

Interest Coverage: RLGY is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Realogy Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RLGY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RLGY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RLGY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RLGY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RLGY is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RLGY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Ryan Schneider (49yo)

2.5yrs

Tenure

US$8,798,510

Compensation

Mr. Ryan M. Schneider is Chief Executive Officer of Realogy Holdings Corp. since December 31, 2017 and has been its President since October 23, 2017 and Director since October 20, 2017. Mr. Schneider serv ...


CEO Compensation Analysis

Compensation vs Market: Ryan's total compensation ($USD8.80M) is above average for companies of similar size in the US market ($USD3.20M).

Compensation vs Earnings: Ryan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ryan Schneider
CEO, President & Director2.5yrsUS$8.80m0.17% $1.3m
Charlotte Simonelli
Executive VP1.25yrsUS$2.80m0.14% $1.0m
Timothy Gustavson
Senior VP5.25yrsUS$816.88k0.0091% $66.3k
Marilyn Wasser
Executive VP13.08yrsUS$2.05m0.086% $628.6k
John Peyton
President & CEO of Realogy Franchise Group3.67yrsUS$2.84m0.025% $179.8k
Katrina Helmkamp
President & CEO of Cartus Corporation1.92yrsUS$2.03m0.025% $184.8k
David Gordon
Executive VP & CTO2.42yrsUS$2.66m0.081% $592.7k
Alicia Swift
Senior Vice President of Financial Planning & Analysis and Investor Relations11.42yrsno datano data
Shacara Delgado
Senior VP of Employment Law and Chief Ethics & Compliance Officer1yrno datano data
Sunita Holzer
Executive VP & Chief Human Resources Officer5.25yrsno data0.048% $348.0k

3.1yrs

Average Tenure

52yo

Average Age

Experienced Management: RLGY's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ryan Schneider
CEO, President & Director2.5yrsUS$8.80m0.17% $1.3m
Michael Good
Chairman Emeritus of Sotheby’s International Realty Affiliates LLC7.33yrsno datano data
Michael Williams
Independent Chairman2.5yrsUS$442.51k0.084% $615.9k
V. Hailey
Independent Director12.33yrsUS$257.50k0.065% $471.5k
Sherry Smith
Independent Director5.5yrsUS$237.50k0.040% $295.0k
Duncan Niederauer
Independent Director4.42yrsUS$247.50k0.058% $419.6k
Matthew Espe
Independent Director3.83yrsUS$232.50k0.0069% $50.7k
Fiona Dias
Independent Director7yrsUS$232.50kno data
Alexander Perriello
Chairman Emeritus of Realogy Franchise Group3.17yrsUS$2.76mno data
Christopher Terrill
Independent Director3.92yrsUS$232.50k0.038% $279.8k

4.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: RLGY's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RLGY insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Realogy Holdings Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Realogy Holdings Corp.
  • Ticker: RLGY
  • Exchange: NYSE
  • Founded: 2006
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: US$729.153m
  • Shares outstanding: 115.37m
  • Website: https://www.realogy.com

Number of Employees


Location

  • Realogy Holdings Corp.
  • 175 Park Avenue
  • Madison
  • New Jersey
  • 7940
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RLGYNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2012
04MDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2012
04MMUN (Boerse Muenchen)YesCommon StockDEEUROct 2012

Biography

Realogy Holdings Corp., through its subsidiaries, provides residential real estate services. It operates through four segments: Realogy Franchise Group, Realogy Brokerage Group, Realogy Title Group, and Realogy Leads Group. The Realogy Franchise Group segment franchises its residential real estate brokerages under the Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, Sotheby’s International Realty, and Better Homes and Gardens Real Estate brand names. As of December 31, 2019, this segment’s real estate franchise systems and proprietary brands had approximately 18,500 offices and 302,400 independent sales agents worldwide. The Realogy Brokerage Group segment owns and operates a full-service residential real estate brokerage business under the Coldwell Banker, Corcoran, and Sotheby’s International Realty brand names to assist home buyers and sellers in listing, marketing, selling, and finding homes. The Realogy Title Group segment provides title and settlement services to real estate companies, affinity groups, corporations, and financial institutions. This segment also serves as an underwriter of title insurance policies in connection with residential and commercial real estate transactions. The Realogy Leads Group segment offers home buying and selling assistance to members of affinity clients, such as insurance companies and credit unions under affinity services programs; and broker-to-broker business includes referrals generated by brokers affiliated with the realogy broker network. Realogy Holdings Corp. was incorporated in 2006 and is headquartered in Madison, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 04:33
End of Day Share Price2020/06/01 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.