Anywhere Real Estate Inc. (NYSE: HOUS – Get a rating) The stock price fell before the market opened on Monday after Barclays lowered its price target on the stock from $9.00 to $7.00. The stock had previously closed at $7.90, but opened at $7.65. Barclays currently has an underweight rating on the stock. Anywhere Real Estate shares last traded at $7.58, with volume at 5,114 shares.
Separately, Compass Point reiterated a “buy” rating on Anywhere Real Estate shares in a Monday, September 19 report.
Insider buying and selling
In other Anywhere Real Estate news, Executive Vice President Nashira W. Layade sold 3,500 shares in a trade on Monday, August 15. The shares were sold at an average price of $12.65, for a total value of $44,275.00. Following the completion of the sale, the executive vice president now owns 39,321 shares of the company, valued at $497,410.65. The sale was disclosed in a filing with the SEC, accessible via this hyperlink. Insiders of the company own 2.70% of the shares of the company.
Performance of Anywhere real estate stocks
The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt ratio of 1.20. The stock has a fifty-day moving average price of $8.82. The company has a market capitalization of $864.68 million, a PE ratio of 4.36 and a beta of 2.27.
All over real estate (NYSE: HOUS – Get a rating) last released its results on Thursday, July 28. The company reported earnings per share (EPS) of $0.69 for the quarter, missing analyst consensus estimates of $0.88 per ($0.19). Anywhere Real Estate posted a net margin of 2.82% and a return on equity of 7.80%. The company posted revenue of $2.14 billion for the quarter, versus analyst estimates of $2.19 billion. In the same quarter of the previous year, the company achieved EPS of $1.33. The company’s revenue was down 5.9% year-over-year. Research analysts expect Anywhere Real Estate Inc. to post 1.38 earnings per share for the current year.
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 Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, Sotheby’s International Realty and Better Homes and Gardens Real Estate brands.
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