Better Home & Finance (BETR) Stock Price, News & Analysis

Company Overview

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It also offers real estate agent services, title insurance and settlement services, and homeowners insurance services. The company formerly known as Better Mortgage Corporation and changed its name to Better Home & Finance Holding Company in August 2023. Better Home & Finance Holding Company is headquartered in New York, New York.

Key Stats

• Today's Range: 13.96 to 15.25
• 50-Day Range: 14.10 to 20.06
• 52-Week Range: 13.96 to 45.49
• Volume: 26,800 shs
• Average Volume: 28,129 shs
• Market Capitalization: $213.32 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Better Home & Finance Stock Analysis - MarketRank™

Better Home & Finance scored higher than 22% of companies evaluated by MarketBeat, and ranked 839th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Better Home & Finance.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Better Home & Finance has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.85% of the float of Better Home & Finance has been sold short.

Short Interest Ratio / Days to Cover

Better Home & Finance has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Better Home & Finance has recently decreased by 11.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Better Home & Finance does not currently pay a dividend.

Dividend Growth

Better Home & Finance does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.85% of the float of Better Home & Finance has been sold short.

Short Interest Ratio / Days to Cover

Better Home & Finance has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Better Home & Finance has recently decreased by 11.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.72

News Sentiment

Better Home & Finance has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Better Home & Finance this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Better Home & Finance insiders have not sold or bought any company stock.

Percentage Held by Insiders

30.22% of the stock of Better Home & Finance is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.94% of the stock of Better Home & Finance is held by institutions.

BETR Stock Analysis - Frequently Asked Questions

How have BETR shares performed this year?

Better Home & Finance's stock was trading at 0.82 at the beginning of 2024. Since then, BETR stock has increased by 1,626.9% and is now trading at 14.10.
View the best growth stocks for 2024 here.

How were Better Home & Finance's earnings last quarter?

Better Home & Finance Holding (NASDAQ:BETR) released its quarterly earnings data on Tuesday, August, 13th. The company reported ($2.50) earnings per share for the quarter. The company had revenue of $32.26 million for the quarter. Better Home & Finance had a negative net margin of 609.77% and a negative trailing twelve-month return on equity of 225.59%.

When did Better Home & Finance IPO?

Better Home & Finance (BETR) raised $225 million in an initial public offering on Wednesday, August 5th 2015. The company issued 15,000,000 shares at $14.00-$16.00 per share. Goldman Sachs, Jefferies, Credit Suisse and SunTrust Robinson Humphrey served as the underwriters for the IPO and William Blair and Piper Jaffray were co-managers.

How do I buy shares of Better Home & Finance?

Shares of BETR 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.

What other stocks do shareholders of Better Home & Finance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Better Home & Finance investors own include Meta Platforms (META), MicroStrategy (MSTR), Advanced Micro Devices (AMD), Arrival (ARVL), Coinbase Global (COIN), Salesforce (CRM) and Hyzon Motors (HYZN).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 11/04/2024
• Next Earnings (Confirmed): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Loan brokers
• Sub-Industry: N/A
• Current Symbol: NASDAQ:BETR
• CUSIP: N/A
• CIK: 1835856
• Web: www.aurora-acquisition.com
• Phone: 44-20-3931-9785
• Fax: N/A
• Employees: 820
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-536,420,000.00
• Net Margins: -609.77%
• Pretax Margin: -609.20%
• Return on Equity: -225.59%
• Return on Assets: -24.84%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 0.96
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $84.85 million
• Price / Sales: 2.51
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: 8.15 per share
• Price / Book: 1.73

Miscellaneous

• Outstanding Shares: 15,129,000
• Free Float: 10,557,000
• Market Cap: $213.32 million
• Optionable: Not Optionable
• Beta: 1.68