Anywhere Real Estate Inc (NYSE: HOUS) stock jumped 3.02% on Friday to $5.11 against a previous-day closing price of $4.96. With 1.48 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.23 million shares. During the session, the Real Estate Services company that operates in wider Real Estate sector, reached to the highest price of $5.15 whereas the lowest price it dropped to was $4.94. The 52-week range on HOUS shows that it touched its highest point at $9.85 and its lowest point at $4.09 during that stretch. It currently has a 1-year price target of $5.75. Beta for the stock currently stands at 2.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HOUS was up-trending over the past week, with a rise of 12.06%, but this was up by 19.67% over a month. Three-month performance dropped to -20.03% while six-month performance fell -19.27%. The stock lost -24.85% in the past year, while it has lost -20.03% so far this year. A look at the trailing 12-month EPS for HOUS yields -4.07 with Next year EPS estimates of 0.06. For the next quarter, that number is -0.32. This implies an EPS growth rate of 70.19% for this year and 108.39% for next year.
Float and Shares Shorts:
At present, 109.48 million HOUS shares are outstanding with a float of 106.75 million shares on hand for trading. On Oct 30, 2023, short shares totaled 8.87 million, which was 8.03% higher than short shares on Sep 28, 2023. In addition to Mr. Ryan M. Schneider Ph.D. as the firm’s CEO, President & Director, Ms. Charlotte C. Simonelli serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 112.74% of HOUS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 75.96% of HOUS, in contrast to 56.20% held by mutual funds. Shares owned by individuals account for 46.45%. As the largest shareholder in HOUS with 15.29% of the stake, The Vanguard Group, Inc. holds 16,896,697 shares worth 16,896,697. A second-largest stockholder of HOUS, BlackRock Fund Advisors, holds 16,632,968 shares, controlling over 15.06% of the firm’s shares. Angelo, Gordon & Co. LP is the third largest shareholder in HOUS, holding 10,026,140 shares or 9.07% stake. With a 6.77% stake in HOUS, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 7,482,157 shares are owned by the mutual fund manager. The Longleaf Partners Small Cap Fund, which owns about 5.17% of HOUS stock, is the second-largest Mutual Fund holder. It holds 5,710,068 shares valued at 26.67 million. Vanguard Real Estate Index Fund holds 3.71% of the stake in HOUS, owning 4,097,953 shares worth 19.14 million.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HOUS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With HOUS analysts setting a high price target of $7.00 and a low target of $4.50, the average target price over the next 12 months is $5.75. Based on these targets, HOUS could surge 36.99% to reach the target high and fall by -11.94% to reach the target low. Reaching the average price target will result in a growth of 12.52% from current levels.
Summary of Insider Activity:
Insiders traded HOUS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 26 while that of sell transactions has risen to 24 over the past year. The total number of shares bought during that period was 2,475,190 while 446,838 shares were sold.
