Compass, Inc. (COMP)
| Market Cap | 1.50B |
| Revenue (ttm) | 4.89B |
| Net Income (ttm) | -321.30M |
| Shares Out | 459.02M |
| EPS (ttm) | -0.69 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,895,147 |
| Open | 3.360 |
| Previous Close | 3.340 |
| Day's Range | 3.250 - 3.460 |
| 52-Week Range | 1.815 - 4.490 |
| Beta | 2.89 |
| Analysts | Buy |
| Price Target | 3.75 (+15.03%) |
| 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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for COMP stock is "Buy." The 12-month stock price forecast is $3.75, which is an increase of 15.03% from the latest price.
News
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 ...
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...
Compass Settles Suit on Commissions. The Real Estate Brokerage's Stock Is Down.
Compass is the latest to settle but likely not the last.
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.
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...
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...
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.
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...
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: ...
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...
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...
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...
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.
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...
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...
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...
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...
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.
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 ...
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.
Compass to Announce Third Quarter 2023 Results on Monday, November 6
NEW YORK , Oct. 17, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by transaction volume1, today announced its third quarter 2023 f...
Compass CEO: There are more buyers than sellers, and inventory levels have hit their low
Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss why the housing sector may be taking a turn for the worse, what the inventory bottom reflects, and if people are beg...
4 reasons to start buying the August stock-market weakness — and what to buy
It's time to start buying the August stock-market weakness. But keep some purchasing power on hand to take advantage of weaker prices ahead.
Next year's real estate market could look a lot like this year, says Compass CEO Robert Reffkin
Robert Reffkin, Compass co-founder and CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, where the company's cost cuts will come from, and much more.
Compass, Inc. Reports Second Quarter 2023 Results
Achieves Positive Free Cash Flow In Second Quarter NEW YORK , Aug. 7, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the...