Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Update

Anywhere Real Estate Inc. (NYSE:HOUS - Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,560,000 shares, a growth of 19.5% from the December 31st total of 2,980,000 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is currently 3.2 days. Currently, 3.7% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Barclays cut their price target on Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of Anywhere Real Estate during the 3rd quarter valued at about $26,000. Mraz Amerine & Associates Inc. purchased a new position in Anywhere Real Estate during the fourth quarter worth approximately $33,000. Townsquare Capital LLC acquired a new stake in Anywhere Real Estate in the third quarter valued at approximately $52,000. Ballentine Partners LLC purchased a new stake in shares of Anywhere Real Estate in the third quarter valued at approximately $62,000. Finally, Virtu Financial LLC raised its stake in shares of Anywhere Real Estate by 24.6% during the 3rd quarter. Virtu Financial LLC now owns 15,305 shares of the company's stock worth $78,000 after buying an additional 3,022 shares during the period. Hedge funds and other institutional investors own 97.56% of the company's stock.

Anywhere Real Estate Stock Performance

NYSE:HOUS traded up $0.16 during trading hours on Thursday, reaching $3.73. The company had a trading volume of 420,643 shares, compared to its average volume of 1,113,989. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36. Anywhere Real Estate has a 1-year low of $2.71 and a 1-year high of $7.89. The business's 50 day moving average price is $3.76 and its 200-day moving average price is $4.34. The firm has a market cap of $414.44 million, a PE ratio of -2.40 and a beta of 2.40.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.18). The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.63 billion. Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The business's revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 earnings per share. Research analysts forecast that Anywhere Real Estate will post -0.7 EPS for the current year.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.