Offerpad Solutions Inc. (OPAD)
Market Cap | 212.00M |
Revenue (ttm) | 1.31B |
Net Income (ttm) | -117.22M |
Shares Out | 27.29M |
EPS (ttm) | -4.44 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 13,332 |
Open | 7.19 |
Previous Close | 7.29 |
Day's Range | 7.06 - 7.79 |
52-Week Range | 6.00 - 15.20 |
Beta | 2.08 |
Analysts | Hold |
Price Target | 10.33 (+32.95%) |
Earnings Date | May 6, 2024 |
About OPAD
Offerpad Solutions Inc., together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online. It buys and sells homes through cash offer and listing services. In addition, the company offers renovation services; and ancillary products and services, including mortgage, title insurance, and escrow services, as well as Offerpad Bundle Reward... [Read more]
Financial Performance
In 2023, OPAD's revenue was $1.31 billion, a decrease of -66.74% compared to the previous year's $3.95 billion. Losses were -$117.22 million, -21.13% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for OPAD stock is "Hold." The 12-month stock price forecast is $10.33, which is an increase of 32.95% from the latest price.
News
Offerpad to Release First Quarter Results on May 6th
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release first-quarter...
Offerpad Sponsors IMN's Single Family Rental Forum East and West to Deliver a Solutions Center for All
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, today announced their participation as a Silver Level s...
Offerpad Provides Company Update on Agent Momentum & New Growth Opportunities Around Services
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, has announced it is expanding its new Offerpad Max agen...
Offerpad Announces Participation in The Citizens JMP Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad's Chairman and CEO, will ...
Offerpad Reports Fourth Quarter and Full Year 2023 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...
Offerpad to Release Fourth-Quarter and Full Year Results on February 26th
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarte...
Offerpad Announces Unmatched 3% + 1% Agent Program
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, has unveiled a new 3% + 1% agent program, a significant...
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Offerpad Solutions Inc. (OPAD WS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Offer...
Offerpad Reports Third Quarter 2023 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...
Offerpad Selects Anywhere℠ to Serve Sellers Beyond Current Market Reach
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate operating in 14 states and over 1,000 cities, has unveil...
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.
Offerpad to Release Third-Quarter Results on November 1st
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release third-quarter...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Offerpad Solutions Inc. (NYSE: OPAD)
NEW YORK , Aug. 25, 2023 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Offerpad Solutions Inc. (NYSE: OPAD) concerning possible breaches of fiduciary duty. To ob...
Offerpad Announces Participation in Goldman Sachs Communacopia + Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad's Chairman and CEO, will ...
Offerpad Reports Second Quarter 2023 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...
Offerpad's Agent Partnership Program: 3 Years of 3% to Real Estate Agents
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, is celebrating the third anniversary of its Agent Part...
Veteran Finance and Tech Executive with Track Record of Driving Transformational Change Joins Offerpad
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Jawad Ahsan will become Chief Fin...
Offerpad to Release Second-Quarter Results on August 2nd
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarte...
Offerpad's Simple Real Estate Solutions Drive Greater Customer Satisfaction During Heightened Market Uncertainty
CHANDLER, Ariz.--(BUSINESS WIRE)--To say the real estate market has changed over the last year is an understatement. Volatility and uncertainty in the market have added to reasons why consumers value ...
Offerpad Announces Reverse Stock Split to Satisfy NYSE Listing Requirement
It is "intended to, among other things, increase the per share trading price of the class A Common Stock to satisfy the price requirements for continued listing on the NYSE," the company said.
Offerpad Announces Reverse Stock Split
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will effect a...
Offerpad Reports First Quarter 2023 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad reports first-quarter 2023 earnings.
Offerpad to Release First-Quarter Results on May 3rd
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad to release first-quarter financial results May 3, 2023.
Offerpad to Present at Upcoming Investor Conference
CHANDLER, Ariz.--(BUSINESS WIRE)--Brian Bair, Offerpad's Chairman and CEO, will participate in a fireside chat at the JMP Securities Technology Conference on Monday, March 6, 2023.
Offerpad Reports Fourth Quarter and Full-Year 2022 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ...