Anywhere Real Estate (NYSE:HOUS) Announces Earnings Results

Anywhere Real Estate (NYSE:HOUS - Get Free Report) posted its earnings results on Thursday. The company reported ($0.45) earnings per share for the quarter, missing analysts' consensus estimates of ($0.36) by ($0.09), Zacks reports. Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.28 billion.

Anywhere Real Estate Stock Performance

Anywhere Real Estate stock traded up $0.24 during mid-day trading on Monday, reaching $3.89. 718,469 shares of the company's stock were exchanged, compared to its average volume of 1,114,950. The business's fifty day simple moving average is $3.60 and its 200 day simple moving average is $4.29. The firm has a market capitalization of $432.25 million, a PE ratio of -2.51 and a beta of 2.40. Anywhere Real Estate has a one year low of $2.71 and a one year high of $7.44. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.34.

Analysts Set New Price Targets

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

Anywhere Real Estate Company Profile

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.