Anywhere Real Estate Inc. (NYSE:HOUS – Get Free Report)’s share price was down 2.9% during mid-day trading on Friday . The company traded as low as $5.68 and last traded at $5.71. Approximately 114,421 shares were traded during trading, a decline of 89% from the average daily volume of 1,048,767 shares. The stock had previously closed at $5.88.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on HOUS shares. JPMorgan Chase & Co. lowered shares of Anywhere Real Estate from a “neutral” rating to an “underweight” rating and set a $7.00 price target on the stock. in a research note on Monday, December 18th. Barclays boosted their price target 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. Finally, Stephens boosted their price target 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.
Get Our Latest Stock Report on HOUS
Anywhere Real Estate Price Performance
The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.37 and a current ratio of 0.37. The company has a 50-day moving average of $6.32 and a 200-day moving average of $6.20. The stock has a market capitalization of $639.82 million, a price-to-earnings ratio of -6.33 and a beta of 2.46.
Anywhere Real Estate (NYSE:HOUS – Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The company reported ($0.32) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.07. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.27 billion. Anywhere Real Estate had a negative net margin of 1.72% and a negative return on equity of 7.23%. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.85) EPS. As a group, equities research analysts expect that Anywhere Real Estate Inc. will post -0.03 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Anywhere Real Estate
A number of institutional investors have recently modified their holdings of the stock. UBS Group AG increased its stake in shares of Anywhere Real Estate by 21.8% during the third quarter. UBS Group AG now owns 1,059,730 shares of the company’s stock valued at $6,814,000 after acquiring an additional 189,527 shares during the period. QRG Capital Management Inc. acquired a new position in shares of Anywhere Real Estate in the 3rd quarter valued at $69,000. Sixth Street Partners Management Company L.P. lifted its stake in Anywhere Real Estate by 3.4% during the third quarter. Sixth Street Partners Management Company L.P. now owns 5,423,280 shares of the company’s stock valued at $34,872,000 after buying an additional 176,300 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Anywhere Real Estate by 8.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,689,444 shares of the company’s stock worth $10,863,000 after buying an additional 134,611 shares during the period. Finally, Corton Capital Inc. purchased a new position in shares of Anywhere Real Estate in the third quarter worth approximately $153,000. Institutional investors and hedge funds own 97.56% of the company’s stock.
Anywhere Real Estate Company Profile
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.
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