Offerpad Solutions (OPAD) to Release Quarterly Earnings on Monday

Offerpad Solutions (NYSE:OPAD) is expected to be posting its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Offerpad Solutions to post earnings of ($0.48) per share and revenue of $174.24 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Offerpad Solutions Stock Down 0.2 %

Shares of OPAD opened at $2.27 on Friday. The company’s fifty day moving average is $2.69 and its 200-day moving average is $3.34. Offerpad Solutions has a 12 month low of $2.08 and a 12 month high of $9.47. The firm has a market cap of $62.00 million, a price-to-earnings ratio of -1.03 and a beta of 2.22.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Offerpad Solutions from $3.75 to $3.15 and set a “market perform” rating on the stock in a research note on Wednesday, November 6th. JMP Securities restated a “market outperform” rating and set a $4.50 price target on shares of Offerpad Solutions in a research note on Monday, December 16th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.13.

About Offerpad Solutions

Offerpad Solutions Inc, together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online.