Real Estate -
Real Estate - Services - NYSE - US
$ 2.75
-7.72 %
$ 75.3 M
Market Cap
-1.26
P/E
1. INTRINSIC VALUE
Balance Sheet
Offerpad Solutions Inc.
| Current Assets | 372 M |
| Cash & Short-Term Investments | 76 M |
| Receivables | 9.94 M |
| Other Current Assets | 286 M |
| Non-Current Assets | 8.09 M |
| Long-Term Investments | 0 |
| PP&E | 7.86 M |
| Other Non-Current Assets | 234 K |
| Current Liabilities | 276 M |
| Accounts Payable | 4.95 M |
| Short-Term Debt | 259 M |
| Other Current Liabilities | 11.6 M |
| Non-Current Liabilities | 1.89 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.89 M |
EFFICIENCY
Earnings Waterfall
Offerpad Solutions Inc.
| Revenue | 1.31 B |
| Cost Of Revenue | 1.24 B |
| Gross Profit | 70.2 M |
| Operating Expenses | 175 M |
| Operating Income | -104 M |
| Other Expenses | 12.8 M |
| Net Income | -117 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Offerpad Solutions Inc.
| Net Income | -117 M |
| Depreciation & Amortization | 728 K |
| Capital Expenditures | -127 K |
| Stock-Based Compensation | 7.92 M |
| Change in Working Capital | 359 M |
| Others | -1.77 M |
| Free Cash Flow | 262 M |
Wall Street Analysts Price Targets
Offerpad Solutions Inc.
Wall Street analysts predict an average 1-year price target for OPAD of $6.08 , with forecasts ranging from
a
low of
$3.75 to a high of $9 .
OPAD Lowest Price Target
Wall Street Target
3.75 USD
36.36%
OPAD Average Price Target
Wall Street Target
6.08 USD
121.21%
OPAD Highest Price Target
Wall Street Target
9 USD
227.27%
4. DIVIDEND
ANALYSIS
OPAD does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Offerpad Solutions Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
708 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
7 months ago
Jun 14, 2024
|
Bought
37.7 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 7698
|
4.9 USD |
|
7 months ago
Jun 13, 2024
|
Bought
49 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 10000
|
4.9 USD |
|
7 months ago
Jun 12, 2024
|
Bought
13.4 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 2735
|
4.9001 USD |
|
7 months ago
Jun 11, 2024
|
Bought
70.2 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 14386
|
4.8795 USD |
|
7 months ago
Jun 10, 2024
|
Bought
73.8 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 15104
|
4.8868 USD |
|
7 months ago
Jun 06, 2024
|
Bought
24.2 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 5028
|
4.8097 USD |
|
7 months ago
Jun 05, 2024
|
Bought
49.2 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 10045
|
4.8996 USD |
|
7 months ago
Jun 03, 2024
|
Bought
38.2 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 8003
|
4.77 USD |
|
7 months ago
May 31, 2024
|
Bought
48.7 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 10000
|
4.8663 USD |
|
7 months ago
May 30, 2024
|
Bought
44.3 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 9162
|
4.8364 USD |
|
7 months ago
May 29, 2024
|
Bought
12.7 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 2500
|
5.07 USD |
|
7 months ago
May 29, 2024
|
Bought
19.8 K USD
|
Bair Brian
Chief Executive Officer
|
+ 3800
|
5.2128 USD |
|
7 months ago
May 28, 2024
|
Bought
219 K USD
|
Bair Brian
Chief Executive Officer
|
+ 40000
|
5.4766 USD |
|
7 months ago
May 24, 2024
|
Bought
8.04 K USD
|
Bair Brian
Chief Executive Officer
|
+ 1632
|
4.9295 USD |
|
1 year ago
May 12, 2023
|
Bought
43.2 K USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 89936
|
0.48 USD |
|
1 year ago
Jan 31, 2023
|
Bought
0 USD
|
First American Financial Corp
10 percent owner
|
+ 44650830
|
0 USD |
|
1 year ago
Jan 31, 2023
|
Bought
0 USD
|
Bair Brian
Chief Executive Officer
|
+ 893016
|
0 USD |
|
1 year ago
Jan 31, 2023
|
Bought
0 USD
|
Sella Roberto Marco
director, 10 percent owner:
|
+ 44195302
|
0 USD |
|
1 year ago
Jan 31, 2023
|
Bought
0 USD
|
DEGIORGIO KENNETH D
Director
|
+ 893016
|
0 USD |
|
2 years ago
Aug 09, 2022
|
Bought
610 K USD
|
Sella Roberto Marco
director:
|
+ 359641
|
1.6971 USD |
|
2 years ago
Mar 11, 2022
|
Bought
99.5 K USD
|
DEGIORGIO KENNETH D
director:
|
+ 25000
|
3.98 USD |
|
2 years ago
Mar 08, 2022
|
Bought
41.7 K USD
|
OHARA RYAN
director:
|
+ 10000
|
4.17 USD |
|
3 years ago
Nov 16, 2021
|
Bought
126 K USD
|
DEGIORGIO KENNETH D
Director
|
+ 15000
|
8.4 USD |
|
4 years ago
Oct 23, 2020
|
Bought
77 M USD
|
Supernova Partners LLC
10 percent owner
|
+ 6700000
|
11.5 USD |
7. News
Offerpad Solutions, Inc. (OPAD) Q3 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Cortney Read - Chief, Staff Brian Bair - Chairman & CEO Peter Knag - CFO Conference Call Participants Dae Kyu Lee - J.P. Morgan Ryan Tomasello - Stifel Luke Meindl - JMP Securities John Colantuoni - Jefferies Operator Hello, and welcome to the Offerpad Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 months ago
Offerpad Solutions Inc. (OPAD) Reports Q3 Loss, Tops Revenue Estimates
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.73 per share a year ago.
zacks.com
- 2 months ago
Offerpad Reports Third Quarter 2024 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. today released financial results for the three months ended September 30, 2024.
businesswire.com
- 2 months ago
Offerpad to Release Third Quarter Results on November 4th
CHANDLER, Ariz.--(BUSINESS WIRE)-- #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-quarter 2024 financial results on Monday, November 4, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments. The conference call will be webcast live on the events page of Offerpad's Investor Relations website. Thos.
businesswire.com
- 3 months ago
Offerpad Solutions, Inc. (OPAD) Q2 2024 Earnings Call Transcript
Offerpad Solutions, Inc. (NYSE:OPAD ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Brian Bair - Chairman & CEO Peter Knag - CFO Taylor Giles - IR Conference Call Participants Nick Jones - JMP Securities Ryan Tomasello - Stifel Michael Ng - Goldman Sachs John Colantuoni - Jefferies Dae Lee - J.P. Morgan Operator Good afternoon.
seekingalpha.com
- 5 months ago
Offerpad Solutions Inc. (OPAD) Reports Q2 Loss, Misses Revenue Estimates
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.50 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $0.84 per share a year ago.
zacks.com
- 5 months ago
Offerpad Reports Second Quarter 2024 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 ended June 30, 2024. “During the second quarter, we delivered revenue within our guidance and sequential improvement in Adjusted EBITDA. Our focus on expense management, and the continued growth in our asset light platform services, drove improvement in gross margin, contribution margin, and Adjust.
businesswire.com
- 5 months ago
Offerpad Solutions: Now Is The Time To Go Against The Crowd
Offerpad shares have dropped over 60% in the past year, presenting a contrarian buying opportunity based on quantitative factors. Stocks with significant price declines, like Offerpad, have shown potential to outperform the S&P 500 over 1-3 year timeframes according to a study done by The Brandes Institute. Offerpad appears to have the financial flexibility essential to navigate their issues.
seekingalpha.com
- 5 months ago
Offerpad to Join Russell 2000® and 3000® Index Effective July 1, 2024
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that Offerpad is expected to be included in the Russell 2000® and 3000® Indexes effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including OPAD, was posted by FTSE Russell on May 24, 2024. “We are pleased to be added to The Russell 2000 and 3000, a leading global index provider. We be.
businesswire.com
- 7 months ago
Offerpad Appoints Peter Knag as Chief Financial Officer
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced the appointment of Peter Knag as its new Chief Financial Officer, effective June 5, 2024. Knag brings a proven track record of success and deep financial acumen to Offerpad, having excelled in senior financial leadership roles across the media, telecommunications, technology, and finance sectors. Knag is the former Executive Vice Presi.
businesswire.com
- 7 months ago
National Moving Month: Offerpad's Free Local Move Program
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-driven platform for residential real estate, is reaffirming its commitment to making real estate simple and stress-free during National Moving Month by showcasing data that shows the popularity of the company's Free Local Move program for home sellers on its platform and trend data around where people are making local moves. Offerpad has provided a free local move since the company's inception as.
businesswire.com
- 8 months ago
How Much Upside is Left in Offerpad Solutions (OPAD)? Wall Street Analysts Think 25.76%
The average of price targets set by Wall Street analysts indicates a potential upside of 25.8% in Offerpad Solutions (OPAD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
zacks.com
- 8 months ago
8. Profile
Summary
Offerpad Solutions Inc. OPAD
COUNTRY
US
INDUSTRY
Real Estate - Services
MARKET CAP
$ 75.3 M
Dividend Yield
0.00%
Description
Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.
Contact
2212 East Williams Field Road, Chandler, AZ, 85286
https://www.offerpad.com
IPO
Date
Dec. 11, 2020
Employees
350
Officers
Mr. Amir Ghaswala
Chief Business Officer
Mr. Vaughn Bair
Chief Real Estate Officer
Mr. Peter H. Knag
Chief Financial Officer
Mr. Dan Mayes
Chief Information Officer
Mr. Brian Bair
Founder, Chairman & Chief Executive Officer
Dr. Jaidip Singh Ph.D.
Chief Risk Officer
Mr. Stjepan Rajko
Vice President of Technology
Ms. Lisa Hickie
Senior Vice President of People Operations, Facilities & Procurement
Mr. Benjamin Adam Aronovitch
Chief Legal Officer & Secretary
Mr. James Grout
Senior Vice President of Finance & Investor Relations