LONDON, UK / ACCESSWIRE / January 09, 2018 / Active-Investors.com has just released a free research report on Realogy Holdings Corp. (NYSE: RLGY) ("Realogy").If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RLGY as the Company's latest news hit the wire. On January 05, 2018, the New Jersey-based full-service residential real estate services Company declared that it has made several important organizational and executive leadership changes across its business units. Register today and get access to over 1000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Realogy Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=RLGY
Realogy's Industry-Leading Market Position
Realogy holds an industry-leading market position in the residential real estate services industry. The Company has some well-known industry brands such as Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus, Title Resource Group, and ZapLabsSM, an in-house innovation and technology development lab. It has a fully-integrated business model, which comprises brokerage, franchising, relocation, mortgage, and title and settlement services. The Company supports its independent sales agents by providing them with leading technology, best-in-class marketing and learning programs, as well as other support services. At present, Realogy operates affiliated brokerages with approximately 192,600 independent sales agents in the United States, and approximately 94,000 independent sales agents in over 100 other countries and territories.
Organizational Changes
The following organizational changes were announced by Realogy:
- Realogy selected Ryan Gorman as the President and Chief Executive Officer (CEO) of NRT LLC. As a result, he would take care of the day-to-day operations of NRT's Company-owned brokerages doing business under the Coldwell Banker Commercial® brand. Gorman has been serving as the Strategy & Operating Officer of NRT for the last 16 months, and as its Senior Vice President, Strategic Operations for the last four years. At the same time, Bruce Zipf, the former President and CEO of NRT, has been appointed as the Executive Advisor to Realogy's CEO.
- There was also an increase in the role of John Peyton, the President and CEO of Realogy Franchise Group, which is the Company's Real Estate Franchise Services segment. Now his responsibilities also cover oversight of two NRT businesses, namely: (i) the Corcoran® businesses, and (ii) the Company-owned Sotheby's International Realty® brokerages.
- Realogy also intends to announce the appointment of an Executive Vice President, Chief Technology Officer in the next week. It would, thus, replace Stephen Fraser, who was previously serving as the Senior Vice President and Chief Information Officer.
- Moreover, the Company has initiated a search for a new President and CEO for Cartus Corp., which is Realogy's Relocation and Affinity Services segment. This is because Kevin Kelleher, the former President and CEO of Cartus, has transitioned to the role of Executive Advisor to Realogy's CEO. Scott Becker, who currently leads Cartus' affinity business, will serve as the interim leader for Cartus until any new appointment is made.
Organization Changes to Position Realogy for Growth
Through these organizational changes, Realogy's immediate focus is on the highest points of leverage within the Company to drive better business results, develop talent, and operate on a more integrated basis. The Company aims to enhance business results and thus boost shareholder value through an aggressive strategy of serving and supporting agents, leveraging technology and data, and capitalizing on the value of its great brands. Therefore, these organizational changes aim to accelerate the pace of changes needed to transform Realogy and thus position it for stronger business performance.
Stock Performance Snapshot
January 08, 2018 - At Monday's closing bell, Realogy Holdings' stock was slightly up 0.15%, ending the trading session at $26.70.
Volume traded for the day: 1.02 million shares.
Stock performance in the past twelve-month period – up 2.22%; and year-to-date - up 0.75%
After yesterday's close, Realogy Holdings' market cap was at $3.58 billion.
Price to Earnings (P/E) ratio was at 15.99.
The stock has a dividend yield of 1.35%.
The stock is part of the Financial sector, categorized under the Property Management industry. This sector was flat at the end of the session.
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active-Investors
