Anywhere Real Estate (HOUS) Set to Announce Quarterly Earnings on Thursday

Anywhere Real Estate (NYSE:HOUS) is scheduled to announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of ($0.73) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Anywhere Real Estate (NYSE:HOUS) last released its earnings results on Thursday, February 15th. The company reported ($0.32) EPS for the quarter, beating the consensus estimate 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 business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the business earned ($0.85) earnings per share. The business’s quarterly revenue was down 5.5% on a year-over-year basis. On average, analysts expect Anywhere Real Estate to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Anywhere Real Estate Stock Up 1.4 %

HOUS stock opened at $5.38 on Thursday. Anywhere Real Estate has a 12 month low of $4.09 and a 12 month high of $9.43. The firm has a market cap of $597.08 million, a PE ratio of -5.91 and a beta of 2.46. The firm has a 50 day simple moving average of $6.04 and a 200 day simple moving average of $6.11. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.37 and a quick ratio of 0.37.

Analyst Ratings Changes

A number of research firms recently commented on HOUS. Barclays raised their price objective on shares of Anywhere Real Estate from $4.50 to $5.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 20th. Stephens raised their price objective on shares of Anywhere Real Estate from $5.50 to $8.00 and gave the stock an “equal weight” rating in a research note on Friday, February 16th.

Institutional Investors Weigh In On Anywhere Real Estate

Institutional investors have recently modified their holdings of the stock. Southeastern Asset Management Inc. TN raised its holdings in shares of Anywhere Real Estate by 3.1% during the 1st quarter. Southeastern Asset Management Inc. TN now owns 6,745,781 shares of the company’s stock valued at $35,618,000 after purchasing an additional 201,824 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Anywhere Real Estate by 65.1% during the 1st quarter. Bank of America Corp DE now owns 5,115,071 shares of the company’s stock valued at $27,008,000 after purchasing an additional 2,016,180 shares in the last quarter. State Street Corp raised its holdings in shares of Anywhere Real Estate by 0.7% during the 2nd quarter. State Street Corp now owns 4,421,721 shares of the company’s stock valued at $29,537,000 after purchasing an additional 30,632 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Anywhere Real Estate by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,330,307 shares of the company’s stock valued at $15,566,000 after purchasing an additional 32,797 shares in the last quarter. Finally, Morgan Stanley bought a new position in shares of Anywhere Real Estate during the 4th quarter valued at $10,519,000. Institutional investors and hedge funds 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.