Investors Buy High Volume of Call Options on Anywhere Real Estate (NYSE:HOUS)

Anywhere Real Estate Inc. (NYSE:HOUS) was the target of unusually large options trading activity on Wednesday. Investors acquired 7,891 call options on the stock. This represents an increase of 534% compared to the typical daily volume of 1,245 call options.

Institutional Trading of Anywhere Real Estate

Hedge funds have recently made changes to their positions in the company. Quarry LP acquired a new stake in Anywhere Real Estate during the 3rd quarter valued at approximately $26,000. Townsquare Capital LLC acquired a new stake in Anywhere Real Estate in the third quarter worth $52,000. Headlands Technologies LLC bought a new stake in Anywhere Real Estate in the second quarter valued at $40,000. Ballentine Partners LLC bought a new position in Anywhere Real Estate in the 3rd quarter worth about $62,000. Finally, Bayesian Capital Management LP bought a new position in Anywhere Real Estate in the 1st quarter worth approximately $76,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Trading Down 4.1 %

HOUS stock opened at $4.92 on Thursday. The business has a fifty day simple moving average of $4.54 and a 200-day simple moving average of $4.40. Anywhere Real Estate has a 52 week low of $3.01 and a 52 week high of $8.40. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.34. The company has a market cap of $547.40 million, a price-to-earnings ratio of -3.17 and a beta of 2.31.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the firm earned $0.15 earnings per share. Anywhere Real Estate’s quarterly revenue was down 3.1% compared to the same quarter last year. On average, equities research analysts expect that Anywhere Real Estate will post -0.52 EPS for the current year.

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.