OPAD
Offerpad Solutions Inc.
Set alert
2.17 USD -0.08 -3.56%
2.12 Day range 2.29
0.576 52-week range 6.17
- YTD
- +79.34%
- 1 year
- -8.05%
- Open
- 2.25
- Prev close
- 2.25
- Mkt cap
- 10.49M
- Vol
- 59.48K
- Avg vol
- 40.89K
- EPS
- -9.83
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 2.12
- High
- 2.29
- Forward P/E
- -3.00
- Beta
- 1.86
- Short ratio
- 18.76
- Inst. own
- 60.82%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Aug 5, 2024
- 50-d avg
- 3.66
- 200-d avg
- 4.90
- 1y target
- 3.91
Key statistics
- Market cap
- 93.62M
- Enterprise value
- 313.83M
- Trailing P/E
- 0.00
- Forward P/E
- -3.00
- PEG ratio
- 0.00
- Price / sales
- 0.10
- Price / book
- 1.45
- EPS (TTM)
- -2.18
- Beta
- 1.86
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- -6.12%
- Revenue (TTM)
- 985.00M
- Revenue growth
- -11.20%
- Free cash flow
- -10.17M
- Total cash
- 48.50M
- Total debt
- 262.42M
- Return on equity
- -67.00%
- Shares outstanding
- 27.37M
- Short % of float
- 7.40%
- 50-day average
- 3.66
- 200-day average
- 4.90
Analyst view
Consensus: none
Price target (mean) 3.91 +80.3% upside
Now 2.17
- Target (low)
- 3.00
- Target (mean)
- 3.91
- Target (high)
- 5.00
Ratings (0m) 5 1 buy · 4 hold · 0 sell
- Strong buy1
- Buy0
- Hold4
- Sell0
- Strong sell0
Next earnings
Aug 5, 2024
Expected Aug 5, 2024. Consensus EPS estimate -0.48344.
Financials — quick view
OPAD Revenue — quarterly 77.65M
OPAD Net income — quarterly -9.29M
OPAD EPS — quarterly -1.94
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 4, 2024 | Sep 1, 2024 | -0.44 | -0.49 | -0.05 | -11.36% |
| Aug 5, 2024 | Jun 1, 2024 | -0.40 | — | — | — |
| Aug 5, 2024 | Jun 1, 2024 | -0.40 | -0.50 | -0.10 | -25.00% |
| May 6, 2024 | Mar 1, 2024 | -0.37 | — | — | — |
| May 6, 2024 | Mar 1, 2024 | -0.37 | -0.65 | -0.28 | -75.68% |
| Feb 26, 2024 | Dec 1, 2023 | -0.42 | -0.57 | -0.15 | -35.71% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 16, 2024 | JMP Securities | reit | Market Outperform | Market Outperform |
| Nov 6, 2024 | Keefe, Bruyette & Woods | main | Market Perform | Market Perform |
| Oct 22, 2024 | Jefferies | main | Hold | Hold |
| Aug 6, 2024 | JMP Securities | main | Market Outperform | Market Outperform |
| Aug 6, 2024 | Keefe, Bruyette & Woods | up | Underperform | Market Perform |
| May 8, 2024 | Keefe, Bruyette & Woods | main | Underperform | Underperform |
About Offerpad Solutions Inc.
Offerpad Solutions Inc., together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online. It buys and sells homes through cash offer and listing services. In addition, the company offers renovation services; and ancillary products and services, including mortgage, title insurance, and escrow services, as well as Offerpad Bundle Rewards program that allows customers to receive various discounts when selling and buying a home. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.
- Sector
- Real Estate
- Industry
- Real Estate Services
- Country
- United States
- Website
- offerpad.com
News
- Offerpad to Release Third Quarter Results on November 2nd
- Opendoor Slides 5% as Housing Names Fall Together; Zillow and Offerpad Drop 3%
- Rate Hike Jitters Rattle iBuyer Stocks: Opendoor Falls 4%, Zillow Slides 2% but Offerpad Holds Steady
- Opendoor Sinks 7% as Yield Spike Meets Delayed Profit Timeline, Offerpad and Zillow Group Trail
- Offerpad Strengthens Board of Directors with Appointment of Data and Technology Leader Benjamin Graboske
- Offerpad Strengthens Board of Directors with Appointment of Data and Technology Leader Benjamin Graboske
- Offerpad Rallies 7%, Opendoor Edges Higher: Is Rate Relief Reaching the iBuyers?
- Offerpad Founder and CEO Brian Bair Recognized for Vision and Leadership in Housing
- Can OPEN Reach Adjusted Net Income Breakeven at $9B Revenue Run Rate?
- Offerpad Announces Transfer of Stock Exchange Listing to Nasdaq
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| AHSAN JAWAD A. | Chief Financial Officer | Stock Award(Grant) | Jul 9, 2023 | 136,111 |
| ARONOVITCH BENJAMIN ADAM | Officer | Stock Award(Grant) | Jun 13, 2024 | 50,981 |
| BAIR BRIAN | Chief Executive Officer | Purchase | May 28, 2024 | 1,113,500 |
| CURNUTTE KATHERINE | Director | Stock Award(Grant) | Jun 3, 2024 | 21,288 |
| DEGIORGIO KENNETH D | Director | Stock Award(Grant) | Sep 29, 2024 | 113,185 |
| KLABIN ALEXANDER | Director | Stock Award(Grant) | Mar 27, 2024 | 500,820 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Ll Funds, Llc | 24.41% | 6,683,331 | 22.86M | Sep 29, 2024 |
| First American Financial Corporation | 18.70% | 5,119,314 | 17.51M | Sep 29, 2024 |
| Kemnay Advisory Services Inc. | 5.04% | 1,379,507 | 4.72M | Sep 29, 2024 |
| Ulysses Management Llc | 2.82% | 771,885 | 2.64M | Sep 29, 2024 |
| Vanguard Group Inc | 2.81% | 769,495 | 2.63M | Sep 29, 2024 |
| Wilmington Savings Fund Society, FSB | 2.17% | 595,238 | 2.04M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.08% | 568,364 | 1.94M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 0.60% | 164,111 | 561.26K | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 0.42% | 114,771 | 392.52K | Sep 29, 2024 |
| Fidelity Small Cap Index Fund | 0.38% | 104,871 | 358.66K | Aug 30, 2024 |
| iShares Russell 2000 Value ETF | 0.30% | 83,179 | 284.47K | Oct 30, 2024 |
| Fidelity Extended Market Index Fund | 0.17% | 45,766 | 156.52K | Oct 30, 2024 |