Realogy Holdings provides real estate and relocation services worldwide. The companys Real Estate Franchise Services segment franchise its real estate brokerage franchise systems under the Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sothebys International Realty, and Better Homes and Gardens Real Estate brand names to real estate brokerage businesses. The company was established in 2012 and is based in Madison, New Jersey.
RLGY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Realogy Holdings Corp. To summarize, we found that Realogy Holdings Corp ranked in the 51th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for RLGY, they are:
25% of the company's capital comes from equity, which is greater than merely 8.57% of stocks in our cash flow based forecasting set.
Realogy Holdings Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.21. This coverage rate is greater than that of merely 19.73% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 16. This value is greater than 93.57% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AAT, GBCS, GLPI, WY, and RVI can be thought of as valuation peers to RLGY, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
Century 21 Real Estate, a subsidiary of Realogy Holdings ([[RLGY]] +3.4%), announced that the Century 21 System renewed 57 franchisees and added five new companies from May to August, including the renewal of two of its most prominent companies.Till date in 2020, 112 relentless companies (95 renewals and 17 onboards) have...
July's record jump in existing home sales has Evercore ISI upwardly revising an already bullish stance on real estate services firm Realogy Holdings (RLGY) Home sales burst +24.7% to 5.86M, easily clearing expectations for a healthy gain and marking the second straight move up. Housing is "well past the recovery...
The strength in the U.S. housing market is underscored by recent comments from the CEOs of (RDFN) and (RLGY) which both operate nationally in the residential real estate brokerage business. Suburban markets are robust, while New York City remains weak. “The housing market may be volatile, but for now, it would be hard to overstate how strong it is,” Redfin CEO Glenn Kelman said on the company’s earnings conference call on Thursday.
McGuire Real Estate, a residential real estate brokerage founded in San Francisco in 1919, announced today that it is joining the Sotheby's International Realty® network. Sotheby's International Realty, Inc. has acquired the assets of the firm's San Francisco offices in the Marina and Noe Valley and will operate under the leadership of Executive Vice President Jeffrey Gibson. Golden Gate Sotheby's International Realty has acquired the assets of McGuire's Berkeley and Burlingame offices and will operate under the leadership of Bill Bullock, president and chief executive officer of Golden Gate Sotheby's International Realty.
Moody's Investors Service ("Moody's") said Realogy Group LLC's announced amendment to its senior secured credit facility is a positive credit and liquidity development because the widened senior secured maximum leverage ratio helps insure the revolver will remain available over the next year. Moody's expects revenue of over $4 billion in 2020. This publication does not announce a credit rating action.