Offerpad Solutions (OPAD) to Release Quarterly Earnings on Monday

Offerpad Solutions (NYSE:OPAD) is expected to be announcing its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of ($0.48) per share and revenue of $174.24 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Offerpad Solutions Stock Performance

OPAD stock opened at $2.27 on Friday. Offerpad Solutions has a 52 week low of $2.08 and a 52 week high of $9.47. The firm’s fifty day moving average is $2.69 and its 200 day moving average is $3.34. The firm has a market cap of $61.99 million, a P/E ratio of -1.03 and a beta of 2.22.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. JMP Securities reissued a “market outperform” rating and issued a $4.50 price target on shares of Offerpad Solutions in a report on Monday, December 16th. Keefe, Bruyette & Woods cut their price target on shares of Offerpad Solutions from $3.75 to $3.15 and set a “market perform” rating on the stock in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $5.13.

Offerpad Solutions Company Profile

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.