Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Update

Anywhere Real Estate Inc. (NYSE:HOUS) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 8,460,000 shares, a growth of 5.2% from the March 15th total of 8,040,000 shares. Approximately 8.0% of the company’s stock are short sold. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is currently 7.9 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on HOUS shares. Stephens upped their target price on shares of Anywhere Real Estate from $5.50 to $8.00 and gave the stock an “equal weight” rating in a report on Friday, February 16th. Barclays upped their target price on shares of Anywhere Real Estate from $4.50 to $5.00 and gave the stock an “underweight” rating in a report on Tuesday, February 20th.

Anywhere Real Estate Trading Up 1.4 %

HOUS opened at $5.38 on Thursday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.37 and a quick ratio of 0.37. Anywhere Real Estate has a fifty-two week low of $4.09 and a fifty-two week high of $9.43. The firm has a market capitalization of $597.08 million, a PE ratio of -5.91 and a beta of 2.46. The company’s 50-day moving average is $6.04 and its 200 day moving average is $6.11.

Anywhere Real Estate (NYSE:HOUS) last posted its earnings results on Thursday, February 15th. The company reported ($0.32) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.07. Anywhere Real Estate had a negative net margin of 1.72% and a negative return on equity of 7.23%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the business posted ($0.85) EPS. The firm’s revenue was down 5.5% compared to the same quarter last year. As a group, research analysts predict that Anywhere Real Estate will post -0.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anywhere Real Estate

Several hedge funds have recently modified their holdings of HOUS. Frazier Financial Advisors LLC bought a new position in shares of Anywhere Real Estate during the 4th quarter worth approximately $28,000. Tower Research Capital LLC TRC lifted its position in shares of Anywhere Real Estate by 47.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,561 shares of the company’s stock worth $30,000 after buying an additional 1,460 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Anywhere Real Estate during the 4th quarter worth approximately $31,000. Metropolitan Life Insurance Co NY bought a new position in shares of Anywhere Real Estate during the 4th quarter worth approximately $44,000. Finally, State of Wyoming bought a new position in shares of Anywhere Real Estate during the 4th quarter worth approximately $46,000. Institutional investors own 97.56% of the company’s stock.

About Anywhere Real Estate

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.