Offerpad Solutions Stock Today

OPAD Stock  USD 4.33  0.20  4.84%   

Performance

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Odds Of Distress

Over 55

 
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Offerpad Solutions is trading at 4.33 as of the 14th of September 2024, a 4.84 percent increase since the beginning of the trading day. The stock's lowest day price was 4.13. Offerpad Solutions has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Offerpad Solutions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of June 2024 and ending today, the 14th of September 2024. Click here to learn more.
Business Domain
Real Estate Management & Development
IPO Date
11th of December 2020
Category
Real Estate
Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona. Offerpad Solutions operates under Real Estate Services classification in the United States and is traded on New York Stock Exchange. The company has 27.35 M outstanding shares of which 1.06 M shares are now shorted by private and institutional investors with about 12.29 trading days to cover. More on Offerpad Solutions

Moving against Offerpad Stock

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  0.51FSV FirstService CorpPairCorr
  0.48VRE Veris ResidentialPairCorr
  0.41MMI Marcus MillichapPairCorr
  0.4HOUS Anywhere Real Estate Upward RallyPairCorr
  0.39IRS IRSA Inversiones YPairCorr
Follow Valuation Options Odds of Bankruptcy
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Offerpad Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationReal Estate Management & Development, Real Estate, NYSE Composite, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.733.4443
Significantly Down
Pretty Stable
Gross Profit Margin0.07850.0534
Way Up
Pretty Stable
Net Debt171.9 M181 M
Notably Down
Very volatile
Total Current Liabilities262.2 M276 M
Notably Down
Pretty Stable
Non Current Liabilities Total3.6 M3.8 M
Notably Down
Slightly volatile
Total Assets699.9 M381.6 M
Way Up
Slightly volatile
Total Current Assets689.8 M371.6 M
Way Up
Slightly volatile
Debt Levels
Offerpad Solutions can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Offerpad Solutions' financial leverage. It provides some insight into what part of Offerpad Solutions' total assets is financed by creditors.
Liquidity
Offerpad Solutions currently holds 260.91 M in liabilities with Debt to Equity (D/E) ratio of 3.6, implying the company greatly relies on financing operations through barrowing. Offerpad Solutions has a current ratio of 1.23, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Offerpad Solutions' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(57.35 Million)
Offerpad Solutions (OPAD) is traded on New York Stock Exchange in USA. It is located in 2150 E. Germann Road, Chandler, AZ, United States, 85286 and employs 350 people. Offerpad Solutions is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 118.44 M. Offerpad Solutions conducts business under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 27.35 M outstanding shares of which 1.06 M shares are now shorted by private and institutional investors with about 12.29 trading days to cover. Offerpad Solutions currently holds about 155.46 M in cash with 261.63 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.63.
Check Offerpad Solutions Probability Of Bankruptcy
Ownership Allocation
Offerpad Solutions owns a total of 27.35 Million outstanding shares. Over half of Offerpad Solutions' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Offerpad Ownership Details

Offerpad Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
25 K
New York State Common Retirement Fund2024-06-30
25 K
Hpm Partners Llc2024-06-30
23.8 K
American Century Companies Inc2024-06-30
21.5 K
Renaissance Technologies Corp2024-06-30
18.4 K
Morgan Stanley - Brokerage Accounts2024-03-31
18.2 K
Jpmorgan Chase & Co2024-03-31
18.1 K
Corton Capital Inc.2024-06-30
16.3 K
Marathon Trading Investment Management Llc2024-03-31
14.3 K
First American Financial Corp2024-06-30
5.1 M
Kemnay Advisory Services Inc.2024-06-30
1.4 M
View Offerpad Solutions Diagnostics

Offerpad Solutions Historical Income Statement

At present, Offerpad Solutions' Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 146.2 M, whereas Net Loss is projected to grow to (127.1 M). View More Fundamentals

Offerpad Stock Against Markets

Offerpad Solutions Corporate Management

Hiten PatelController VPProfile
Vaughn BairChief OfficerProfile
Stefanie LaytonDirector RelationsProfile
James GroutSenior RelationsProfile
Stephen JohnsonChief OfficerProfile
Michael BurnettChief OfficerProfile
Benjamin AronovitchChief SecretaryProfile

Additional Information and Resources on Investing in Offerpad Stock

When determining whether Offerpad Solutions is a strong investment it is important to analyze Offerpad Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Offerpad Solutions' future performance. For an informed investment choice regarding Offerpad Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Offerpad Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Offerpad Solutions. If investors know Offerpad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Offerpad Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.37)
Revenue Per Share
36.997
Quarterly Revenue Growth
0.091
Return On Assets
(0.09)
Return On Equity
(0.63)
The market value of Offerpad Solutions is measured differently than its book value, which is the value of Offerpad that is recorded on the company's balance sheet. Investors also form their own opinion of Offerpad Solutions' value that differs from its market value or its book value, called intrinsic value, which is Offerpad Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Offerpad Solutions' market value can be influenced by many factors that don't directly affect Offerpad Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Offerpad Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Offerpad Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Offerpad Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.