Opendoor Statistics
Total Valuation
OPEN has a market cap or net worth of $1.22 billion. The enterprise value is $2.33 billion.
| Market Cap | 1.22B |
| Enterprise Value | 2.33B |
Important Dates
The next estimated earnings date is Thursday, August 1, 2024, after market close.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
OPEN has 691.58 million shares outstanding. The number of shares has increased by 6.32% in one year.
| Shares Outstanding | 691.58M |
| Shares Change (YoY) | +6.32% |
| Shares Change (QoQ) | +1.46% |
| Owned by Insiders (%) | 10.69% |
| Owned by Institutions (%) | 60.66% |
| Float | 613.47M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.24 |
| Forward PS | 0.19 |
| PB Ratio | 1.35 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.46 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 44.38, with a Debt / Equity ratio of 2.71.
| Current Ratio | 44.38 |
| Quick Ratio | 18.08 |
| Debt / Equity | 2.71 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -0.62 |
Financial Efficiency
Return on equity (ROE) is -28.50% and return on invested capital (ROIC) is -10.47%.
| Return on Equity (ROE) | -28.50% |
| Return on Assets (ROA) | -7.50% |
| Return on Capital (ROIC) | -10.47% |
| Revenue Per Employee | $2.53M |
| Profits Per Employee | -$142,785 |
| Employee Count | 1,982 |
| Asset Turnover | 1.32 |
| Inventory Turnover | 2.29 |
Taxes
In the past 12 months, OPEN has paid $1.00 million in taxes.
| Income Tax | 1.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -58.88% in the last 52 weeks. The beta is 2.74, so OPEN's price volatility has been higher than the market average.
| Beta (5Y) | 2.74 |
| 52-Week Price Change | -58.88% |
| 50-Day Moving Average | 2.13 |
| 200-Day Moving Average | 2.76 |
| Relative Strength Index (RSI) | 34.37 |
| Average Volume (20 Days) | 14,514,531 |
Short Selling Information
The latest short interest is 82.76 million, so 11.97% of the outstanding shares have been sold short.
| Short Interest | 82.76M |
| Short Previous Month | 73.12M |
| Short % of Shares Out | 11.97% |
| Short % of Float | 13.49% |
| Short Ratio (days to cover) | 5.84 |
Income Statement
In the last 12 months, OPEN had revenue of $5.01 billion and -$283.00 million in losses. Loss per share was -$0.43.
| Revenue | 5.01B |
| Gross Profit | 431.00M |
| Operating Income | -349.00M |
| Pretax Income | -282.00M |
| Net Income | -283.00M |
| EBITDA | -44.00M |
| EBIT | -108.00M |
| Loss Per Share | -$0.43 |
Balance Sheet
The company has $1.32 billion in cash and $2.43 billion in debt, giving a net cash position of -$1.11 billion or -$1.61 per share.
| Cash & Cash Equivalents | 1.32B |
| Total Debt | 2.43B |
| Net Cash | -1.11B |
| Net Cash Per Share | -$1.61 |
| Equity (Book Value) | 899.00M |
| Book Value Per Share | 1.30 |
| Working Capital | 3.21B |
Cash Flow
In the last 12 months, operating cash flow was $4.00 million and capital expenditures -$37.00 million, giving a free cash flow of -$33.00 million.
| Operating Cash Flow | 4.00M |
| Capital Expenditures | -37.00M |
| Free Cash Flow | -33.00M |
| FCF Per Share | -$0.05 |
Margins
Gross margin is 8.61%, with operating and profit margins of -6.97% and -5.65%.
| Gross Margin | 8.61% |
| Operating Margin | -6.97% |
| Pretax Margin | -5.63% |
| Profit Margin | -5.65% |
| EBITDA Margin | -0.88% |
| EBIT Margin | -2.16% |
| FCF Margin | -0.66% |
Dividends & Yields
OPEN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -6.32% |
| Shareholder Yield | -6.32% |
| Earnings Yield | -23.25% |
| FCF Yield | -2.71% |
Analyst Forecast
The average price target for OPEN is $3.61, which is 105.11% higher than the current price. The consensus rating is "Hold".
| Price Target | $3.61 |
| Price Target Difference | 105.11% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 15.14% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
OPEN has an Altman Z-Score of 1.37 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.37 |
| Piotroski F-Score | 5 |