What is Northland Securities' Forecast for BETR Q3 Earnings?

Key Points

• Northland Securities lowered its Q3 2026 EPS forecast for Better Home & Finance to a loss of $1.07 per share from a previous estimate of $1.06, while maintaining an “Outperform” rating and $38 price target.
• The company recently reported a quarterly loss of $1.64 per share, missing consensus expectations by $0.23, on revenue of $54.7 million. It also posted deeply negative net margin and return on equity.
• Analyst sentiment remains mixed but leans positive, with an overall “Moderate Buy” consensus and average price target of $28.17; shares opened at $13.03, near their 52-week low.

Better Home & Finance Holding Company (NASDAQ:BETR - Free Report) - Research analysts at Northland Securities lowered their Q3 2026 earnings estimates for shares of Better Home & Finance in a report released on Monday, August 10th. Northland Securities analyst O. Rickert now forecasts that the company will post earnings per share of ($1.07) for the quarter, down from their prior estimate of ($1.06). Northland Securities currently has a "Outperform" rating and a $38.00 target price on the stock. The consensus estimate for Better Home & Finance's current full-year earnings is ($6.34) per share. Northland Securities also issued estimates for Better Home & Finance's Q4 2026 earnings at ($0.70) EPS, FY2026 earnings at ($7.47) EPS, Q1 2027 earnings at ($0.54) EPS, Q2 2027 earnings at ($0.22) EPS, Q3 2027 earnings at ($0.04) EPS, Q4 2027 earnings at $0.31 EPS and FY2027 earnings at ($0.47) EPS.

Better Home & Finance (NASDAQ:BETR - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($1.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.41) by ($0.23). Better Home & Finance had a negative net margin of 94.52% and a negative return on equity of 409.62%. The company had revenue of $54.70 million during the quarter.

Other equities research analysts also recently issued reports about the company. Weiss Ratings reiterated a "sell (e+)" rating on shares of Better Home & Finance in a report on Friday, July 17th. Roth Capital set a $25.00 price target on Better Home & Finance in a report on Thursday, August 13th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $42.00 price objective on shares of Better Home & Finance in a research report on Tuesday, August 4th. Cantor Fitzgerald lowered shares of Better Home & Finance from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $32.00 to $16.00 in a research note on Thursday, August 13th. Finally, Zacks Research raised shares of Better Home & Finance to a "hold" rating in a research report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Better Home & Finance presently has an average rating of "Moderate Buy" and an average target price of $28.17.

Better Home & Finance Price Performance

Shares of NASDAQ BETR opened at $13.03 on Thursday. Better Home & Finance has a 1-year low of $12.60 and a 1-year high of $94.06. The business has a 50-day moving average of $23.00 and a 200-day moving average of $29.00. The company has a market capitalization of $245.88 million, a price-to-earnings ratio of -1.18 and a beta of 1.73.

Insider Transactions at Better Home & Finance

In other Better Home & Finance news, Director Harit Talwar purchased 5,000 shares of Better Home & Finance stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of $25.34 per share, with a total value of $126,700.00. Following the completion of the acquisition, the director owned 44,698 shares of the company's stock, valued at approximately $1,132,647.32. This trade represents a 12.60% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Hugh R. Frater purchased 5,150 shares of Better Home & Finance stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average cost of $24.34 per share, with a total value of $125,351.00. Following the acquisition, the director directly owned 6,326 shares of the company's stock, valued at $153,974.84. The trade was a 437.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 27.72% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Better Home & Finance

Several institutional investors and hedge funds have recently made changes to their positions in BETR. Bank of New York Mellon Corp acquired a new stake in shares of Better Home & Finance during the second quarter worth approximately $518,000. Stoic Point Capital Management LLC acquired a new stake in Better Home & Finance in the first quarter valued at $467,000. Royal Bank of Canada raised its holdings in Better Home & Finance by 1,264.0% in the first quarter. Royal Bank of Canada now owns 2,728 shares of the company's stock valued at $97,000 after acquiring an additional 2,528 shares in the last quarter. Quantinno Capital Management LP bought a new position in Better Home & Finance during the 1st quarter valued at $505,000. Finally, Walleye Capital LLC bought a new position in Better Home & Finance during the 1st quarter valued at $262,000. 20.94% of the stock is currently owned by hedge funds and other institutional investors.

Better Home & Finance Company Profile

Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner's insurance services. The company was founded in 2014 and is headquartered in New York, NY.

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