Offerpad Solutions (OPAD) Stock Price, News & Analysis

Company Overview

Offerpad Solutions Inc., together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online. It buys and sells homes through cash offer and listing services. In addition, the company offers renovation services; and ancillary products and services, including mortgage, title insurance, and escrow services, as well as Offerpad Bundle Rewards program that allows customers to receive various discounts when selling and buying a home. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.

Key Stats

• Today's Range: $3.30 to $3.65
• 50-Day Range: $2.79 to $5.04
• 52-Week Range: $2.57 to $10.61
• Volume: 197,783 shs
• Average Volume: 51,628 shs
• Market Capitalization: $99.92 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.13
• Consensus Rating: Hold

Offerpad Solutions Stock Analysis - MarketRank™

Offerpad Solutions scored higher than 43% of companies evaluated by MarketBeat, and ranked 708th out of 937 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: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Offerpad Solutions has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Offerpad Solutions has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Offerpad Solutions are expected to grow in the coming year, from ($2.16) to ($1.42) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Offerpad Solutions is -1.66, 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 -1.66, 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 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.28% of the float of Offerpad Solutions has been sold short.

Short Interest Ratio / Days to Cover

Offerpad Solutions has a short interest ratio ("days to cover") of 19.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Offerpad Solutions has recently decreased by 3.37%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Offerpad Solutions does not currently pay a dividend.

Dividend Growth

Offerpad Solutions does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

5.28% of the float of Offerpad Solutions has been sold short.

Short Interest Ratio / Days to Cover

Offerpad Solutions has a short interest ratio ("days to cover") of 19.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Offerpad Solutions has recently decreased by 3.37%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.18

News Sentiment

Offerpad Solutions has a news sentiment score of 1.18. 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 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Offerpad Solutions this week, compared to 2 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Offerpad Solutions insiders have not sold or bought any company stock.

Percentage Held by Insiders

43.40% 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

Only 39.44% of the stock of Offerpad Solutions is held by institutions.

OPAD Stock Analysis - Frequently Asked Questions

How have OPAD shares performed this year?

Offerpad Solutions' stock was trading at $10.25 on January 1st, 2024. Since then, OPAD shares have decreased by 64.4% and is now trading at $3.65.
View the best growth stocks for 2024 here.

How were Offerpad Solutions' earnings last quarter?

Offerpad Solutions Inc. (NYSE:OPAD) released its quarterly earnings data on Monday, November, 4th. The company reported ($0.49) earnings per share for the quarter, missing the consensus estimate of ($0.44) by $0.05. The company had revenue of $208.07 million for the quarter, compared to analysts' expectations of $205.17 million. Offerpad Solutions had a negative net margin of 6.12% and a negative trailing twelve-month return on equity of 72.88%.

When did Offerpad Solutions' stock split?

Offerpad Solutions shares reverse split before market open on Tuesday, June 13th 2023. The 1-15 reverse split was announced on Tuesday, June 13th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Who are Offerpad Solutions' major shareholders?

Offerpad Solutions' top institutional investors include Wilmington Savings Fund Society FSB (2.17%), Geode Capital Management LLC (0.75%), Charles Schwab Investment Management Inc. (0.12%) and Barclays PLC (0.08%). Insiders that own company stock include Roberto Marco Sella, Brian Bair, Ryan Ohara and Kenneth D Degiorgio.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Offerpad Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Offerpad Solutions investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), Block (SQ), CrowdStrike (CRWD), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate agents & managers
• Sub-Industry: Real Estate
• Current Symbol: NYSE:OPAD
• CUSIP: N/A
• CIK: 1825024
• Web: www.offerpad.com
• Phone: 844-388-4539
• Fax: N/A
• Employees: 900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.13
• High Stock Price Target: $9.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +40.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-117,220,000.00
• Net Margins: -6.12%
• Pretax Margin: -6.11%
• Return on Equity: -72.88%
• Return on Assets: -16.20%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.23
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $985.01 million
• Price / Sales: 0.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.74 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 27,374,000
• Free Float: 15,494,000
• Market Cap: $99.92 million
• Optionable: Optionable
• Beta: 2.14