Anywhere Real Estate (NYSE:HOUS) Trading 4.7% Higher

Shares of Anywhere Real Estate Inc. (NYSE:HOUS) traded up 4.7% during trading on Monday . The stock traded as high as $5.37 and last traded at $5.36. 113,387 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 1,452,529 shares. The stock had previously closed at $5.12.

Wall Street Analysts Forecast Growth

Separately, Barclays reduced their price target on shares of Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating on the stock in a research note on Friday, July 12th.

Anywhere Real Estate Stock Down 2.1 %

The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 1.37. The firm has a market cap of $574.42 million, a PE ratio of -9.23 and a beta of 2.30. The business’s 50-day simple moving average is $4.18 and its 200 day simple moving average is $4.91.

Anywhere Real Estate (NYSE:HOUS) last posted its earnings results on Thursday, August 1st. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. Anywhere Real Estate had a negative net margin of 0.87% and a negative return on equity of 5.65%. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter last year, the firm posted $0.24 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. As a group, equities research analysts expect that Anywhere Real Estate Inc. will post -0.49 earnings per share for the current year.

Institutional Trading of Anywhere Real Estate

A number of institutional investors have recently bought and sold shares of HOUS. Frazier Financial Advisors LLC acquired a new stake in Anywhere Real Estate in the 4th quarter worth approximately $28,000. GAMMA Investing LLC acquired a new stake in Anywhere Real Estate in the 4th quarter worth approximately $31,000. Headlands Technologies LLC acquired a new stake in Anywhere Real Estate in the 2nd quarter worth approximately $40,000. Versor Investments LP acquired a new stake in Anywhere Real Estate during the 2nd quarter valued at approximately $54,000. Finally, Nemes Rush Group LLC lifted its stake in Anywhere Real Estate by 16.7% during the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after acquiring an additional 2,500 shares during the period. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Anywhere Real Estate Company Profile

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.