Streetbeat News

OPAD

Offerpad Solutions Inc.

https://www.offerpad.com

Industry

Real Estate - Services

Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.

Open

3.73

Mkt cap

102M

Volume

27K

High

3.84

P/E Ratio

-1.70

52-wk high

11.22

Low

3.68

Div yield

N/A

52-wk low

2.57

Offerpad Solutions, Inc. (NYSE:OPAD) held its Q3 2024 earnings conference call on November 4, 2024. Key participants included Cortney Read, Brian Bair, and Peter Knag. Analysts from J.P. Morgan, Stifel, JMP Securities, and Jefferies participated in the call.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Offerpad Solutions Inc. (OPAD) reported a Q3 loss of $0.49 per share, which was larger than the Zacks Consensus Estimate of a $0.44 loss. However, the company topped revenue estimates.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Jefferies analyst John Colantuoni has maintained a Hold rating on Offerpad Solutions (NYSE:OPAD) while lowering the price target from $3.5 to $3.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 1:44 pm

JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Offerpad Solutions (NYSE:OPAD) but lowers the price target from $9 to $5.5.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:19 pm

Keefe, Bruyette & Woods has upgraded Offerpad Solutions (NYSE:OPAD) from Underperform to Market Perform, while lowering the price target from $6 to $3.75.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:54 pm

Offerpad expects its Q3 revenue to be between $185 million and $225 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:11 pm

Offerpad Solutions (NYSE:OPAD) reported Q2 2024 adjusted EPS of $(0.50), missing the $(0.38) estimate by 31.58%. Sales were $251.122M, missing the $283.572M estimate by 11.44%, but up 9.11% from last year's $230.147M.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:43 pm

Offerpad Solutions Inc. (NYSE: OPAD) will be included in the Russell 2000 and 3000 Indexes effective July 1, 2024. This inclusion is expected to increase visibility and attract a broader range of investors.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:25 pm

Offerpad has appointed Peter Knag as its new Chief Financial Officer, effective June 5. This leadership change is expected to bring new strategic direction to the company.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:31 am

Keefe, Bruyette & Woods analyst Ryan Tomasello maintains an Underperform rating on Offerpad Solutions (OPAD) and lowers the price target from $6.25 to $6.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 1:51 pm

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