🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Anywhere Real Estate retains equal-weight status, 54% potential upside projected

EditorPollock Mondal
Published 10/26/2023, 02:38 PM
© Reuters.
HOUS
-

Stephens & Co. maintained its Equal-Weight recommendation for Anywhere Real Estate (NYSE:HOUS) as of Wednesday, October 25, 2023, reflecting balanced stock performance expectations. The one-year average price target for the company is set at $7.31, suggesting a potential upside of 54.22% from its recent closing price of $4.74.

The company's projected annual revenue is anticipated to rise by 18.43% to reach $6,761MM, alongside a non-GAAP EPS forecast of 1.44. Despite a marginal decrease in institutional ownership by 1.07% over the last quarter to 463 funds or institutions, the average portfolio weight for HOUS has increased by 18.52%.

A slight dip was observed in total institutional shares, witnessing an 8.27% decrease to 123,665K shares over the last three months. Noteworthy shareholders include Angelo Gordon & Co., holding 9,363K shares, IJR - iShares Core S&P Small-Cap ETF, Southeastern Asset Management, LLSCX - Longleaf Partners Small-Cap Fund, and Sixth Street Partners Management Company.

The company's bullish put/call ratio stands at 0.53. Anywhere Real Estate operates under the umbrella of Realogy Holdings Corp., a prominent U.S residential real estate services provider with a diverse brand portfolio and a large network of independent sales agents worldwide.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.