NYSE:OPAD

Offerpad Solutions (OPAD) Stock Forecast, Price & News

$0.64

0.00 (0.00%)

(As of 05/31/2023 ET)

Compare

Today's Range: $0.60
▼
$0.66
50-Day Range: $0.42
▼
$0.65
52-Week Range: $0.38
▼
$5.17

Volume: 1.92 million shs
Average Volume: 724,689 shs
Market Capitalization: $256.89 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.24

Offerpad Solutions MarketRank™ Forecast

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 247.6% Upside
$2.24 Price Target
Short Interest: Bearish
3.15% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$43,169 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.38) to ($0.15) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Finance Sector

788th out of 901 stocks

Real Estate Agents & Managers Industry

10th out of 14 stocks

3.1

Analyst's Opinion

Consensus Rating
Offerpad Solutions has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $2.24, Offerpad Solutions has a forecasted upside of 247.6% from its current price of $0.64.
Amount of Analyst Coverage
Offerpad Solutions has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
3.15% of the outstanding shares of Offerpad Solutions have been sold short.
Short Interest Ratio / Days to Cover
Offerpad Solutions has a short interest ratio ("days to cover") of 18.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Offerpad Solutions has recently increased by 0.16%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Offerpad Solutions does not currently pay a dividend.
Dividend Growth
Offerpad Solutions does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OPAD.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for OPAD on MarketBeat in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Offerpad Solutions insiders have bought more of their company's stock than they have sold. Specifically, they have bought $43,169.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
78.01% of the stock of Offerpad Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
51.96% of the stock of Offerpad Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Offerpad Solutions are expected to grow in the coming year, from ($0.38) to ($0.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Offerpad Solutions is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Offerpad Solutions is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Offerpad Solutions has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Offerpad Solutions (NYSE:OPAD) Stock

Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.

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OPAD Stock News Headlines

May 18, 2023 | americanbankingnews.com

Offerpad Solutions Inc. (NYSE:OPAD) Director Buys $43,169.28 in Stock

May 12, 2023 | msn.com

Offerpad Solutions's Return On Capital Employed Insights

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May 11, 2023 | americanbankingnews.com

Brokerages Set Offerpad Solutions Inc. (NYSE:OPAD) PT at $1.89

May 8, 2023 | finance.yahoo.com

Time To Worry? Analysts Just Downgraded Their Offerpad Solutions Inc. (NYSE:OPAD) Outlook

May 6, 2023 | finance.yahoo.com

Offerpad Solutions Inc. (NYSE:OPAD) Just Reported And Analysts Have Been Cutting Their Estimates

May 4, 2023 | markets.businessinsider.com

JMP Securities Remains a Buy on Offerpad Solutions (OPAD)

May 4, 2023 | finance.yahoo.com

Offerpad Solutions Inc. (OPAD) Reports Q1 Loss, Tops Revenue Estimates

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May 4, 2023 | markets.businessinsider.com

Goldman Sachs Sticks to Their Hold Rating for Offerpad Solutions (OPAD)

May 3, 2023 | msn.com

Recap: Offerpad Solutions Q1 Earnings

May 3, 2023 | finance.yahoo.com

Offerpad Reports First Quarter 2023 Results

May 1, 2023 | americanbankingnews.com

Offerpad Solutions (OPAD) Scheduled to Post Earnings on Wednesday

April 28, 2023 | finance.yahoo.com

Bullish Offerpad Solutions Inc. (NYSE:OPAD) investors are yet to receive a pay off on their US$1.7m bet

April 28, 2023 | markets.businessinsider.com

Where Offerpad Solutions Stands With Analysts

April 26, 2023 | americanbankingnews.com

Offerpad Solutions (NYSE:OPAD) Stock Rating Lowered by Wedbush

April 13, 2023 | americanbankingnews.com

Offerpad Solutions Inc. (NYSE:OPAD) Given Average Recommendation of "Hold" by Analysts

April 6, 2023 | finance.yahoo.com

Offerpad to Release First-Quarter Results on May 3rd

April 6, 2023 | finance.yahoo.com

An Intrinsic Calculation For Offerpad Solutions Inc. (NYSE:OPAD) Suggests It's 32% Undervalued

March 11, 2023 | finance.yahoo.com

Analysts Have Just Cut Their Offerpad Solutions Inc. (NYSE:OPAD) Revenue Estimates By 14%

March 8, 2023 | msn.com

Offerpad Solutions cut to Neutral at J.P. Morgan on inadequate home acquisition volume

March 8, 2023 | msn.com

JP Morgan Downgrades Offerpad Solutions Inc - (OPAD)

February 23, 2023 | markets.businessinsider.com

JMP Securities Reaffirms Their Buy Rating on Offerpad Solutions (OPAD)

February 23, 2023 | finance.yahoo.com

Offerpad to Present at Upcoming Investor Conference

February 22, 2023 | msn.com

Offerpad Solutions Inc. (OPAD) Reports Q4 Loss, Tops Revenue Estimates

February 22, 2023 | finance.yahoo.com

Offerpad Reports Fourth Quarter and Full-Year 2022 Results

February 21, 2023 | msn.com

Offerpad Solutions Earnings Preview

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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OPAD Company Calendar

Today: 5/31/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate agents & managers
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:OPAD
CUSIP: N/A
CIK: 1825024
Web: www.offerpad.com
Phone: 844-388-4539
Fax: N/A
Employees: 1,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.24
High Stock Price Forecast: $5.00
Low Stock Price Forecast: $1.00
Forecasted Upside/Downside: +238.7%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.94)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-148,610,000.00
Net Margins: -7.81%
Pretax Margin: -7.86%
Return on Equity: -119.30%
Return on Assets: -24.14%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.82
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $3.95 billion
Price / Sales: 0.07
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.38 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 399,400,000
Free Float: 87,829,000
Market Cap: $263.60 million
Optionable: Optionable
Beta: 1.78

Key Executives

Mr. Brian Bair (Age 46)
Founder, Chairman & CEO
Comp: $783.69k

Mr. Michael S. Burnett (Age 55)
Chief Financial Officer
Comp: $723.37k

Mr. Benjamin A. Aronovitch (Age 44)
Chief Legal Officer & Sec.
Comp: $717.32k

Mr. Stephen Michael Johnson (Age 52)
Chief Strategy Officer
Comp: $515.49k

Mr. Vaughn Bair
Chief Real Estate Officer

Ms. Stefanie A. Layton
Sr. Director of Investor Relations

Mr. Darrin Shamo
Chief Marketing Officer

Ms. Heather Bailey
Chief People Officer

Dr. Jaidip Singh Ph.D.
Chief Data & Analytics Officer

Mr. Dan Mayes
Chief of Tactical Real Estate Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OPAD Stock - Frequently Asked Questions

Should I buy or sell Offerpad Solutions stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Offerpad Solutions in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2023?: 8 brokers have issued twelve-month price targets for Offerpad Solutions' shares. Their OPAD share price forecasts range from $1.00 to $5.00. On average, they anticipate the company's stock price to reach $2.24 in the next year. This suggests a possible upside of 238.7% 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 2023?: Offerpad Solutions' stock was trading at $0.4605 on January 1st, 2023. Since then, OPAD stock has increased by 43.3% and is now trading at $0.66.
View the best growth stocks for 2023 here.
When is Offerpad Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our OPAD earnings forecast.
What ETF holds Offerpad Solutions' stock ?: Vanguard Real Estate ETF holds 2,548,362 shares of OPAD stock, representing 0.00% of its portfolio.
What guidance has Offerpad Solutions issued on next quarter's earnings?: Offerpad Solutions issued an update on its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $140.00 million-$200.00 million, compared to the consensus revenue estimate of $467.31 million.

What is Offerpad Solutions' stock symbol?: Offerpad Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "OPAD."
Who are Offerpad Solutions' major shareholders?: Offerpad Solutions' stock is owned by many different institutional and retail investors. Top institutional investors include Geode Capital Management LLC (0.59%), Charles Schwab Investment Management Inc. (0.21%), Renaissance Technologies LLC (0.10%), Schonfeld Strategic Advisors LLC (0.03%), MYDA Advisors LLC (0.03%) and Simplex Trading LLC (0.00%). Insiders that own company stock include 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Offerpad Solutions' stock price today?: One share of OPAD stock can currently be purchased for approximately $0.66.
How much money does Offerpad Solutions make?: Offerpad Solutions (NYSE:OPAD) has a market capitalization of $263.60 million and generates $3.95 billion in revenue each year. The company earns $-148,610,000.00 in net income (profit) each year or ($0.94) on an earnings per share basis.
How many employees does Offerpad Solutions have?: The company employs 1,000 workers across the globe.
How can I contact Offerpad Solutions?: The official website for the company is www.offerpad.com. The company can be reached via phone at 844-388-4539 or via email at investors@offerpad.com.

This page (NYSE:OPAD) was last updated on 6/1/2023 by MarketBeat.com Staff

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