NYSE:OPAD

Offerpad Solutions (OPAD) Stock Price, News & Analysis

$6.80
-0.46 (-6.34%)
(As of 05/7/2024 ET)
Today's Range
$6.54
$7.15
50-Day Range
$6.80
$8.77
52-Week Range
$6.54
$15.19
Volume
53,081 shs
Average Volume
24,832 shs
Market Capitalization
$185.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.60

Offerpad Solutions MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
56.0% Upside
$10.60 Price Target
Short Interest
Bearish
5.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.21mentions of Offerpad Solutions in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.69) to ($0.06) 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.

1.24 out of 5 stars

Finance Sector

713th out of 874 stocks

Real Estate Agents & Managers Industry

11th out of 15 stocks

OPAD stock logo

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

OPAD Stock News Headlines

Decoding 5 Analyst Evaluations For Offerpad Solutions
The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way
See how with its ongoing expansion and development of its diverse and promising product pipeline, this small-cap NYSE company is positioned to be a dominant and innovative leader in the nanomedicine and antiviral therapy space.
Offerpad Reports First Quarter 2024 Results
The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way
See how with its ongoing expansion and development of its diverse and promising product pipeline, this small-cap NYSE company is positioned to be a dominant and innovative leader in the nanomedicine and antiviral therapy space.
Offerpad to Release First Quarter Results on May 6th
OPAD Jul 2024 12.500 put
OPAD Apr 2024 10.000 put
Offerpad Solutions: Q4 Earnings Insights
Offerpad Reports Fourth Quarter and Full Year 2023 Results
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
5/07/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
N/A
Fax
N/A
Employees
350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.60
High Stock Price Target
$18.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+67.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-117,220,000.00
Pretax Margin
-8.91%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Book Value
$3.74 per share

Miscellaneous

Free Float
15,443,000
Market Cap
$185.37 million
Optionable
Optionable
Beta
2.01
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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

OPAD Stock Analysis - Frequently Asked Questions

Should I buy or sell Offerpad Solutions stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Offerpad Solutions in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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?

5 equities research analysts have issued 1-year price objectives for Offerpad Solutions' shares. Their OPAD share price targets range from $6.00 to $18.00. On average, they predict the company's stock price to reach $10.60 in the next twelve months. This suggests a possible upside of 56.0% 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 beginning of the year. Since then, OPAD shares have decreased by 33.7% and is now trading at $6.7950.
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 Wednesday, August 7th 2024.
View our OPAD earnings forecast
.

How were Offerpad Solutions' earnings last quarter?

Offerpad Solutions Inc. (NYSE:OPAD) announced 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 company had revenue of $240.46 million for the quarter, compared to analyst estimates of $256.60 million. Offerpad Solutions had a negative trailing twelve-month return on equity of 93.45% and a negative net margin of 8.92%. During the same period in the previous year, the company earned ($7.35) EPS.

When did Offerpad Solutions' stock split?

Shares of Offerpad Solutions reverse split on the morning of 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 closing bell 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 second quarter 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $250.0 million-$300.0 million, compared to the consensus revenue estimate of $352.7 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 5/8/2024 by MarketBeat.com Staff

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