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NYSE:OPAD

Offerpad Solutions (OPAD) Stock Price, News & Analysis

$4.98
0.00 (0.00%)
(As of 06/7/2024 08:52 PM ET)
Today's Range
$4.86
$5.23
50-Day Range
$4.80
$8.29
52-Week Range
$4.50
$15.19
Volume
51,500 shs
Average Volume
36,096 shs
Market Capitalization
$135.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.83

Offerpad Solutions MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
97.5% Upside
$9.83 Price Target
Short Interest
Bearish
5.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.13mentions of Offerpad Solutions in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$376,016 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.60) to ($1.07) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.44 out of 5 stars

Finance Sector

666th out of 816 stocks

Real Estate Agents & Managers Industry

9th out of 15 stocks

OPAD stock logo

About Offerpad Solutions Stock (NYSE:OPAD)

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.

OPAD Stock Price History

OPAD Stock News Headlines

Chandler real estate tech firm names new CFO
Offerpad Solutions names Knag as CFO
Decoding 5 Analyst Evaluations For Offerpad Solutions
Offerpad Reports First Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
6/10/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
N/A
Fax
N/A
Employees
350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.83
High Stock Price Target
$18.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+97.5%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-117,220,000.00
Pretax Margin
-7.59%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Book Value
$3.74 per share

Miscellaneous

Free Float
15,443,000
Market Cap
$135.85 million
Optionable
Optionable
Beta
1.86
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Key Executives

  • Mr. Brian Bair (Age 47)
    Founder, Chairman & CEO
    Comp: $657.62k
  • Mr. Benjamin Adam Aronovitch (Age 45)
    Chief Legal Officer & Secretary
    Comp: $587.37k
  • Mr. James Grout (Age 35)
    Senior VP of Finance & Investor Relations and Principal Financial Officer
  • Mr. Hiten Patel (Age 42)
    Senior VP, Controller & Principal Accounting Officer
  • Mr. Dan Mayes
    Chief Information Officer
  • Mr. Vaughn Bair
    Chief Real Estate Officer
  • Dr. Jaidip Singh Ph.D.
    Chief Risk Officer

OPAD Stock Analysis - Frequently Asked Questions

Should I buy or sell Offerpad Solutions stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Offerpad Solutions in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" OPAD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OPAD, but not buy additional shares or sell existing shares.
View OPAD analyst ratings
or view top-rated stocks.

What is Offerpad Solutions' stock price target for 2024?

6 Wall Street research analysts have issued 12 month price objectives for Offerpad Solutions' shares. Their OPAD share price targets range from $6.00 to $18.00. On average, they anticipate the company's share price to reach $9.83 in the next year. This suggests a possible upside of 97.5% from the stock's current price.
View analysts price targets for OPAD
or view top-rated stocks among Wall Street analysts.

How have OPAD shares performed in 2024?

Offerpad Solutions' stock was trading at $10.25 at the beginning of 2024. Since then, OPAD shares have decreased by 51.4% and is now trading at $4.98.
View the best growth stocks for 2024 here
.

When is Offerpad Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our OPAD earnings forecast
.

How were Offerpad Solutions' earnings last quarter?

Offerpad Solutions Inc. (NYSE:OPAD) released its quarterly earnings results on Monday, May, 6th. The company reported ($0.65) earnings per share for the quarter, missing analysts' consensus estimates of ($0.37) by $0.28. The company earned $285.36 million during the quarter, compared to the consensus estimate of $272.07 million. Offerpad Solutions had a negative net margin of 7.60% and a negative trailing twelve-month return on equity of 69.44%.

When did Offerpad Solutions' stock split?

Offerpad Solutions's stock reverse split on Tuesday, June 13th 2023. The 1-15 reverse split was announced on Tuesday, June 13th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What guidance has Offerpad Solutions issued on next quarter's earnings?

Offerpad Solutions issued an update on its second quarter 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $250.0 million-$300.0 million, compared to the consensus revenue estimate of $352.7 million.

Who are Offerpad Solutions' major shareholders?

Offerpad Solutions' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.27%). Insiders that own company stock include Brian Bair, Kenneth D Degiorgio, Roberto Marco Sella and Ryan Ohara.
View institutional ownership trends
.

How do I buy shares of Offerpad Solutions?

Shares of OPAD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OPAD) was last updated on 6/10/2024 by MarketBeat.com Staff

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