Anywhere Real Estate Inc. (NYSE:HOUS)’s traded shares stood at 2.21 million during the last session, with the company’s beta value hitting 2.37. At the close of trading, the stock’s price was $5.22, to imply an increase of 0.38% or $0.02 in intraday trading. The HOUS share’s 52-week high remains $17.32, putting it -231.8% down since that peak but still an impressive 17.05% since price per share fell to its 52-week low of $4.33. The company has a valuation of $608.29M, with an average of 2.22 million shares in intraday trading volume over the past 10 days and average of 1.78 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Hold for Anywhere Real Estate Inc. (HOUS), translating to a mean rating of 2.80. Of 5 analyst(s) looking at the stock, 1 analyst(s) give HOUS a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.01.
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Anywhere Real Estate Inc. (NYSE:HOUS) trade information
After registering a 0.38% upside in the last session, Anywhere Real Estate Inc. (HOUS) has traded red over the past five days. The stock hit a weekly high of 5.32 this Thursday, 03/16/23, jumping 0.38% in its intraday price action. The 5-day price performance for the stock is 8.98%, and -39.58% over 30 days. With these gigs, the year-to-date price performance is -18.31%. Short interest in Anywhere Real Estate Inc. (NYSE:HOUS) saw shorts transact 14.73 million shares and set a 10.15 days time to cover.
Analysts on Wall Street suggest a consensus price target of $7.30, implying an increase of 28.49% to the stock’s current value. The extremes give us $5.00 and $10.50 for target low and target high price respectively. As such, HOUS has been trading -101.15% off suggested target high and 4.21% from its likely low.
Anywhere Real Estate Inc. (HOUS) estimates and forecasts
Looking at statistics comparing Anywhere Real Estate Inc. share performance against respective industry, we note that the company has underperformed competitors. Anywhere Real Estate Inc. (HOUS) shares are -43.08% down over the last 6 months, with its year-to-date growth rate lower than industry average at -277.78% against -10.90%. Revenue is forecast to shrink -97.40% this quarter before falling -110.50% for the next one. The rating firms project that company’s revenue will shrink -12.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is $1.42 billion. Meanwhile, for the quarter ending Mar 2023, a total of 4 analyst(s) estimate revenue growth to $1.25 billion.Earnings reports from the last fiscal year show that sales brought in $1.97 billion and $1.64 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -28.00% before dropping -23.40% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -26.80% for the past 5-year period. While 2023 is set for a -188.40% return in earnings, projections for the next 5 years are at 27.70% annually.
Anywhere Real Estate Inc. has its next earnings report out between April 26 and May 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Anywhere Real Estate Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Anywhere Real Estate Inc. (NYSE:HOUS)’s Major holders
Anywhere Real Estate Inc. insiders hold 2.84% of total outstanding shares, with institutional holders owning 115.92% of the shares at 119.31% float percentage. In total, 115.92% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 19.85 million shares (or 18.13% of shares), all amounting to roughly $160.96 million.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 18.74 million shares, or about 17.12% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $152.0 million.
We also have iShares Core S&P Smallcap ETF and Longleaf Partners Small-Cap Fund as the top two Mutual Funds with the largest holdings of the Anywhere Real Estate Inc. (HOUS) shares. Going by data provided on Dec 30, 2022, iShares Core S&P Smallcap ETF holds roughly 8.11 million shares. This is just over 7.41% of the total shares, with a market valuation of $51.85 million. Data from the same date shows that the other fund manager holds a little less at 6.51 million, or 5.94% of the shares, all valued at about 52.77 million.