Should I buy or sell Offerpad Solutions stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Offerpad Solutions in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

6 analysts have issued 12 month price objectives for Offerpad Solutions' shares. Their OPAD share price targets range from $7.00 to $18.00. On average, they anticipate the company's share price to reach $11.40 in the next twelve months. This suggests a possible upside of 46.7% 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 2024?

Offerpad Solutions' stock was trading at $10.25 at the start of the year. Since then, OPAD shares have decreased by 24.2% and is now trading at $7.77. View the best growth stocks for 2024 here .

When is Offerpad Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our OPAD earnings forecast .

How can I listen to Offerpad Solutions' earnings call?

Offerpad Solutions will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Offerpad Solutions' earnings last quarter?

Offerpad Solutions Inc. (NYSE:OPAD) released its earnings results on Monday, February, 26th. The company reported ($0.57) earnings per share for the quarter, missing analysts' consensus estimates of ($0.42) by $0.15. The business had revenue of $240.46 million for the quarter, compared to analysts' expectations of $256.60 million. Offerpad Solutions had a negative net margin of 8.92% and a negative trailing twelve-month return on equity of 93.45%. During the same quarter last year, the firm posted ($7.35) EPS.

When did Offerpad Solutions' stock split?

Offerpad Solutions's stock reverse split 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.

What guidance has Offerpad Solutions issued on next quarter's earnings?

Offerpad Solutions issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $245.0 million-$285.0 million, compared to the consensus revenue estimate of $366.8 million.

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 .

NYSE:OPAD

Offerpad Solutions (OPAD) Stock Price, News & Analysis

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$7.77

+0.48 (+6.58%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.06
▼
$7.77
50-Day Range: $6.92
▼
$9.62
52-Week Range: $6.00
▼
$15.19

Volume: 13,432 shs
Average Volume: 24,296 shs
Market Capitalization: $211.97 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.40

Get Offerpad Solutions alerts:

Offerpad Solutions MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 46.7% Upside
$11.40 Price Target
Short Interest: Bearish
8.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.92
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.03) to ($0.47) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

Finance Sector

733rd out of 823 stocks

Real Estate Agents & Managers Industry

13th out of 15 stocks

3.2

Analyst's Opinion

Consensus Rating
Offerpad Solutions has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 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.

0.0

Short Interest

Percentage of Shares Shorted
8.90% 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 37.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Offerpad Solutions has recently increased by 1.52%, 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.

3.3

News and Social Media Coverage

News Sentiment
Offerpad Solutions has a news sentiment score of 0.92. 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 5 news articles for Offerpad Solutions this week, compared to 1 article on an average week.
Search Interest
4 people have searched for OPAD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

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
48.21% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Offerpad Solutions are expected to grow in the coming year, from ($1.03) to ($0.47) 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 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Offerpad Solutions Stock (NYSE:OPAD)

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.

OPAD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OPAD Stock News Headlines

April 17, 2024 | americanbankingnews.com

Offerpad Solutions Inc. (NYSE:OPAD) Receives Average Recommendation of "Hold" from Analysts

April 15, 2024 | businesswire.com

Offerpad to Release First Quarter Results on May 6th

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 14, 2024 | americanbankingnews.com

JMP Securities Reiterates Market Outperform Rating for Offerpad Solutions (NYSE:OPAD)

April 7, 2024 | msn.com

Housing affordability would’ve waned even without Fed tightening, study shows

April 2, 2024 | finance.yahoo.com

Offerpad Sponsors IMN’s Single Family Rental Forum East and West to Deliver a Solutions Center for All

April 2, 2024 | businesswire.com

Offerpad Sponsors IMN's Single Family Rental Forum East and West to Deliver a Solutions Center for All

March 18, 2024 | markets.businessinsider.com

Settlement Shake-Up: National Association Of Realtors' $418M Agreement Reshapes Real Estate Dynamics

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 16, 2024 | finance.yahoo.com

OPAD Jul 2024 12.500 put

March 16, 2024 | finance.yahoo.com

OPAD Apr 2024 10.000 put

March 13, 2024 | seekingalpha.com

KE Holdings, Offerpad, Ucommune International in real estate gainers

March 12, 2024 | finance.yahoo.com

Offerpad Provides Company Update on Agent Momentum & New Growth Opportunities Around Services

March 7, 2024 | markets.businessinsider.com

Buy Rating for Offerpad Solutions with Strong Growth Prospects and Robust Balance Sheet

February 28, 2024 | finance.yahoo.com

Offerpad Announces Participation in The Citizens JMP Technology Conference

February 28, 2024 | finance.yahoo.com

Offerpad Solutions Inc. (NYSE:OPAD) Q4 2023 Earnings Call Transcript

February 27, 2024 | seekingalpha.com

Offerpad Solutions Inc. (OPAD) Q4 2023 Earnings Call Transcript

February 26, 2024 | theglobeandmail.com

Offerpad (NYSE:OPAD) Reports Sales Below Analyst Estimates In Q4 Earnings

February 26, 2024 | benzinga.com

Offerpad Solutions: Q4 Earnings Insights

February 26, 2024 | finance.yahoo.com

Offerpad Solutions Inc (OPAD) Reports Mixed Year-End Results Amid Real Estate Challenges

February 26, 2024 | finance.yahoo.com

Offerpad Reports Fourth Quarter and Full Year 2023 Results

February 26, 2024 | businesswire.com

Offerpad Reports Fourth Quarter and Full Year 2023 Results

February 26, 2024 | markets.businessinsider.com

Offerpad Solutions A earnings preview: what to expect

February 23, 2024 | benzinga.com

Offerpad Solutions's Earnings Outlook

February 13, 2024 | finance.yahoo.com

OPAD Jul 2024 2.500 call

February 13, 2024 | seekingalpha.com

Offerpad Solutions: Retaining Sell Rating With Headwinds Getting Stronger

February 5, 2024 | businesswire.com

Offerpad to Release Fourth-Quarter and Full Year Results on February 26th

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate agents & managers
Sub-Industry: N/A
Current Symbol: NYSE:OPAD
CUSIP: N/A
CIK: 1825024
Web: www.offerpad.com
Phone: 844-388-4539
Fax: N/A
Employees: 350
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.40
High Stock Price Target: $18.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +46.7%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.6687)
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: -8.92%
Pretax Margin: -8.91%
Return on Equity: -93.45%
Return on Assets: -31.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.35
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: $1.31 billion
Price / Sales: 0.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.74 per share
Price / Book: 2.08

Miscellaneous

Outstanding Shares: 27,280,000
Free Float: 14,131,000
Market Cap: $211.97 million
Optionable: Optionable
Beta: 2.07

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Key Executives

Mr. Brian Bair (Age 47)
Founder, Chairman & CEO
Comp: $657.62k
Mr. Benjamin Adam Aronovitch (Age 45)
Chief Legal Officer & Secretary
Comp: $587.37k
Mr. James Grout (Age 35)
Senior VP of Finance & Investor Relations and Principal Financial Officer
Mr. Hiten Patel (Age 42)
Senior VP, Controller & Principal Accounting Officer
Mr. Dan Mayes
Chief Information Officer
Mr. Vaughn Bair
Chief Real Estate Officer
Dr. Jaidip Singh Ph.D.
Chief Risk Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OPAD Stock Analysis - Frequently Asked Questions

Should I buy or sell Offerpad Solutions stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Offerpad Solutions in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 6 analysts have issued 12 month price objectives for Offerpad Solutions' shares. Their OPAD share price targets range from $7.00 to $18.00. On average, they anticipate the company's share price to reach $11.40 in the next twelve months. This suggests a possible upside of 46.7% 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 2024?: Offerpad Solutions' stock was trading at $10.25 at the start of the year. Since then, OPAD shares have decreased by 24.2% and is now trading at $7.77.
View the best growth stocks for 2024 here.
When is Offerpad Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our OPAD earnings forecast.
How can I listen to Offerpad Solutions' earnings call?: Offerpad Solutions will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Offerpad Solutions' earnings last quarter?: Offerpad Solutions Inc. (NYSE:OPAD) released its earnings results on Monday, February, 26th. The company reported ($0.57) earnings per share for the quarter, missing analysts' consensus estimates of ($0.42) by $0.15. The business had revenue of $240.46 million for the quarter, compared to analysts' expectations of $256.60 million. Offerpad Solutions had a negative net margin of 8.92% and a negative trailing twelve-month return on equity of 93.45%. During the same quarter last year, the firm posted ($7.35) EPS.
When did Offerpad Solutions' stock split?: Offerpad Solutions's stock reverse split 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.
What guidance has Offerpad Solutions issued on next quarter's earnings?: Offerpad Solutions issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $245.0 million-$285.0 million, compared to the consensus revenue estimate of $366.8 million.
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.

This page (NYSE:OPAD) was last updated on 4/18/2024 by MarketBeat.com Staff

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Offerpad Solutions (OPAD) Stock Price, News & Analysis

Offerpad Solutions MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Offerpad Solutions Stock (NYSE:OPAD)

OPAD Stock Price History

OPAD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

OPAD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™