RealPage (RP) Earning Somewhat Favorable Press Coverage, Report Shows

Media stories about RealPage (NASDAQ:RP) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RealPage earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.8292435786048 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

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Several brokerages recently commented on RP. Royal Bank of Canada reiterated a “hold” rating and issued a $49.00 target price on shares of RealPage in a report on Wednesday, January 17th. Zacks Investment Research upgraded shares of RealPage from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a report on Tuesday, January 23rd. Stephens lifted their target price on shares of RealPage from $50.00 to $54.00 and gave the stock an “overweight” rating in a report on Friday, December 29th. Deutsche Bank lifted their target price on shares of RealPage to $60.00 in a report on Wednesday, February 28th. Finally, Morgan Stanley upgraded shares of RealPage from an “equal weight” rating to an “overweight” rating and set a $48.00 target price on the stock in a report on Tuesday, January 30th. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $54.00.

Shares of RP opened at $55.25 on Thursday. The firm has a market capitalization of $4,470.44, a P/E ratio of 153.47 and a beta of 1.09. RealPage has a one year low of $32.30 and a one year high of $56.41. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.26.

RealPage (NASDAQ:RP) last posted its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.04). The company had revenue of $188.39 million during the quarter, compared to analyst estimates of $186.46 million. RealPage had a return on equity of 8.97% and a net margin of 0.06%. research analysts expect that RealPage will post 0.97 EPS for the current fiscal year.

In other RealPage news, CFO W Bryan Hill sold 8,000 shares of the firm’s stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $50.90, for a total value of $407,200.00. Following the sale, the chief financial officer now directly owns 222,216 shares in the company, valued at approximately $11,310,794.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Andrew Blount sold 56,200 shares of RealPage stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $51.25, for a total transaction of $2,880,250.00. Following the sale, the executive vice president now owns 185,958 shares in the company, valued at $9,530,347.50. The disclosure for this sale can be found here. Insiders sold a total of 1,800,546 shares of company stock worth $94,309,877 over the last 90 days. Company insiders own 30.31% of the company’s stock.

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About RealPage

RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions.

Insider Buying and Selling by Quarter for RealPage (NASDAQ:RP)

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