Compass, Inc. (COMP)

NYSE: COMP · IEX Real-Time Price · USD
4.080
+0.040 (0.99%)
May 24, 2024, 4:00 PM EDT - Market closed
0.99%
Market Cap 2.10B
Revenue (ttm) 4.98B
Net Income (ttm) -303.80M
Shares Out 513.83M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,273,997
Open 4.040
Previous Close 4.040
Day's Range 4.080 - 4.080
52-Week Range 1.815 - 4.680
Beta 2.87
Analysts Buy
Price Target 3.83 (-6.13%)
Earnings Date May 8, 2024

About COMP

Compass, Inc. provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports. It also p... [Read more]

Sector Real Estate
IPO Date Apr 1, 2021
Employees 2,549
Stock Exchange NYSE
Ticker Symbol COMP
Full Company Profile

Financial Performance

In 2023, Compass's revenue was $4.89 billion, a decrease of -18.83% compared to the previous year's $6.02 billion. Losses were -$321.30 million, -46.58% less than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for COMP stock is "Buy." The 12-month stock price forecast is $3.83, which is a decrease of -6.13% from the latest price.

Price Target
$3.83
(-6.13% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Compass CEO Robert Reffkin on housing market: We are now seeing 'more sellers than buyers'

Robert Reffkin, Compass co-founder and CEO, joins CNBC's 'Squawk on the Street' to discuss the latest on the existing home sales report, the health of the housing market, implementation of AI, and mor...

5 days ago - CNBC Television

Compass Strengthens Footprint in Southeastern U.S., Welcoming the Top Brokerage in Tennessee

NEW YORK , May 13, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), the largest residential real estate brokerage in the United States by sales volume 1 , announces the addition of Parks R...

14 days ago - PRNewsWire

Compass, Inc. Reports First Quarter 2024 Results

Grows Revenue 10% year-over-year Increases Agent Count and Market Share year-over-year Free Cash Flow Positive for Q1 2024 NEW YORK , May 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" ...

19 days ago - PRNewsWire

Housing affordability will stay an issue as owners remain locked on low rates, says Compass CEO

Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss housing affordability in the United States, why the company is focused on all-cash deals, and more.

4 weeks ago - CNBC Television

Redfin, Offerpad, Zillow, Compass stocks are falling: here's why

Proptech stocks are having a bad year. Redfin (RDFN) stock price has crashed by over 62% this year while Offerpad (OPAD), Compass (COMP, and Zillow (Z) have plunged by over 26% and 27% this year.

Other symbols: OPADRDFNZZG
5 weeks ago - Invezz

Compass to Announce First Quarter 2024 Earnings on Wednesday, May 8

NEW YORK , April 18, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume 1 , announces its first quarter 2024 financial ...

5 weeks ago - PRNewsWire

Compass CEO talks real estate markets, interest rates, and commissions

Mortgage rates in the US have come down from their highs of 8% in October 2023 , but are beginning to slowly rise once again. With housing inventory remaining much lower than demand, the advent of buy...

7 weeks ago - Yahoo Finance

Compass Settles Suit on Commissions. The Real Estate Brokerage's Stock Is Down.

Compass is the latest to settle but likely not the last.

2 months ago - Barrons

Compass Agrees to Pay $57.5 Million to Settle Antitrust Claims

The firm is the first big real estate brokerage to reach such an agreement since the National Association of Realtors' landmark settlement last week.

2 months ago - WSJ

NAR settlement is an 'earthquake' for real estate industry

In the wake of the National Association of Realtors' (NAR) settlement agreement to pay $418 million over commission practices, ResiClub Co-Founder and CEO Lance Lambert, joins Yahoo Finance Live to di...

Other symbols: RDFNZZG
2 months ago - Yahoo Finance

National Association Realtors settles commission lawsuits, agrees to pay $418 million

Real estate stocks are under pressure Friday after the National Association of Realtors (NAR) reached a settlement agreement to resolve various lawsuits related to commission practices. The associatio...

Other symbols: HOUSOPENRDFNZZG
2 months ago - Yahoo Finance

Real estate stocks plunge as NAR agrees to landmark settlement that rewrites rules on commissions

The National Association of Realtors announced a $418 million settlement to end antitrust lawsuits. The NAR agreed to a new set of rules, which will reset long-held standards on commissions.

Other symbols: RDFNZZG
2 months ago - Business Insider

Realtor group agrees to cut commissions to settle lawsuits, in a move that could reshape home sales

The powerful National Association of Realtors has agreed to eliminate rules on commissions to settle lawsuits and to pay $418 million in damages, the New York Times reported Friday. The group later co...

Other symbols: DOUGHOUSRDFNZZG
2 months ago - Market Watch

Compass, Inc. Reports Fourth Quarter and Full Year 2023 Results

Grows Agent Count and Market Share year-over-year and quarter-over-quarter in Q4 Expects to Be Free Cash Flow Positive for Full Year 2024 NEW YORK , Feb. 27, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: ...

3 months ago - PRNewsWire

A booming stock market means homebuyers will be more tolerant of high mortgage rates, Compass CEO says

A strong US stock market means homebuyers are more tolerant of high mortgage rates, Compass CEO Robert Refkin said. Mortgage rates have been climbing back up towards 8% after hotter inflation data and...

3 months ago - Business Insider

Spring season will see a significant increase in real estate inventory: Compass CEO Robert Reffkin

Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss if real estate activity is what Reffkin wants to see heading into spring, Reffkin's thoughts on the 30-year fixed mo...

3 months ago - CNBC Television

Compass to Announce Fourth Quarter and Full Year 2023 Results February 27

NEW YORK , Feb. 6, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by transaction volume1, today announced its fourth quarter and fu...

3 months ago - PRNewsWire

There are 3 bullish signals flashing that point a recovery in the housing market, Compass CEO says

The housing market is flashing signs of life, Compass CEO Robert Reffkin said. Home sales plunged to their lowest since 1995 in 2023, driven down by higher borrowing costs.

4 months ago - Business Insider

Compass CEO: All key signs in housing are pointing in the right direction

Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss the state of the housing sector at the start of the year, what's changing the calculus of the housing sector, and mo...

4 months ago - CNBC Television

Homebuyers react more to changes in mortgage rates than actual rates, Compass CEO says

Buyers react more to the change in mortgage rates than the actual rates themselves, Compass CEO Robert Reffkin said. The rate relief comes as inventory is loosening up, which is an encouraging sign fo...

5 months ago - Business Insider

Compass CEO: Next year will be a very good year for housing

Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss how much activity a move in mortgage rates does for Compass, what's driving the inventory gains, and where there's t...

5 months ago - CNBC Television

US Housing Inventory Is Building, Says Compass CEO

Robert Reffkin, Compass CEO & Founder, told Dani Burger and Alix Steel that housing prices in the US need to come down to help boost the market. Reffkin also shares ideas on how to sell your home in t...

6 months ago - Bloomberg Markets and Finance

Compass CEO: Not enough real estate inventory in the overall market

Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss the company's quest for profitability, the environment for real estate companies, and more.

7 months ago - CNBC Television

Compass, Inc. Reports Third Quarter 2023 Results

Achieves Positive Free Cash Flow In Third Quarter NEW YORK , Nov. 6, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the ...

7 months ago - PRNewsWire

US mortgage rates hit 8%: Is it safe to buy RDFN, COMP, OPAD, OPEN stocks dip?

US mortgage rates are soaring as investors predict that the Federal Reserve will continue hiking rates for longer. They jumped to 8% on Thursday for the first time in 23 years.

Other symbols: OPADRDFNOPEN
7 months ago - Invezz