0.00%
-12.69%
-25.00%
-41.35%
-75.50%
-95.87%
-98.47%
AI Spotlight on OPAD
Company Description
Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States.It operates iBuying, a real estate solutions platform for on-demand customer.The company provides customer-centric experience, which enables them to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services.
Offerpad Solutions Inc.was founded in 2015 and is headquartered in Chandler, Arizona.
Market Data
| Last Price | 2.34 |
| Change Percentage | 0.00% |
| Open | 2.35 |
| Previous Close | 2.34 |
| Market Cap ( Millions) | 64 |
| Volume | 38158 |
| Year High | 9.8 |
| Year Low | 2.25 |
| M A 50 | 3.42 |
| M A 200 | 4.29 |
Financial Ratios
| FCF Yield | -45.29% |
| Dividend Yield | 0.00% |
| ROE | -72.59% |
| Debt / Equity | 389.82% |
| Net Debt / EBIDTA | -511.95% |
| Price To Book | 0.99 |
| Price Earnings Ratio | -1.07 |
| Price To FCF | -2.21 |
| Price To sales | 0.07 |
| EV / EBITDA | -6.73 |
News
- Jan -14 - Offerpad Introduces PriceLock
- Nov -05 - Offerpad Solutions, Inc. (OPAD) Q3 2024 Earnings Call Transcript
- Nov -04 - Offerpad Solutions Inc. (OPAD) Reports Q3 Loss, Tops Revenue Estimates
- Nov -04 - Offerpad Reports Third Quarter 2024 Results
- Oct -14 - Offerpad to Release Third Quarter Results on November 4th
- Aug -06 - Offerpad Solutions, Inc. (OPAD) Q2 2024 Earnings Call Transcript
- Aug -05 - Offerpad Solutions Inc. (OPAD) Reports Q2 Loss, Misses Revenue Estimates
- Jul -21 - Offerpad Solutions: Now Is The Time To Go Against The Crowd
- Jun -06 - Offerpad to Join Russell 2000® and 3000® Index Effective July 1, 2024
- May -23 - Offerpad Appoints Peter Knag as Chief Financial Officer
- May -14 - National Moving Month: Offerpad's Free Local Move Program
- May -07 - How Much Upside is Left in Offerpad Solutions (OPAD)? Wall Street Analysts Think 25.76%
- May -07 - Offerpad Solutions, Inc. (OPAD) Q1 2024 Earnings Call Transcript
- May -06 - Offerpad Solutions Inc. (OPAD) Reports Q1 Loss, Tops Revenue Estimates
- May -06 - Offerpad Reports First Quarter 2024 Results
- Apr -29 - Offerpad Solutions Inc. (OPAD) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
- Apr -19 - Redfin, Offerpad, Zillow, Compass stocks are falling: here's why
- Apr -15 - Offerpad to Release First Quarter Results on May 6th
- Apr -02 - Offerpad Sponsors IMN's Single Family Rental Forum East and West to Deliver a Solutions Center for All
- Mar -12 - Offerpad Provides Company Update on Agent Momentum & New Growth Opportunities Around Services
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Home Buying and Selling Platform
Expected Growth : 10.27 %
What the company do ?
Offerpad Solutions Inc.'s Home Buying and Selling Platform is a digital real estate marketplace that enables homeowners to sell their properties quickly and easily, while also providing buyers with a streamlined home buying experience.
Why we expect these perspectives ?
Offerpad's 10.27% growth driven by increasing demand for convenient, tech-enabled home buying and selling experiences. Key drivers include expanding market presence, strategic partnerships, and innovative product offerings such as instant cash offers and flexible closing timelines, which appeal to millennials and Gen Z homebuyers.
Offerpad Solutions Inc. Products
| Product Range | What is it ? |
|---|---|
| Instant Buyer | A platform that allows homeowners to sell their properties quickly and easily, providing a fast and convenient way to get a cash offer. |
| Partner Agent | A program that partners with real estate agents to provide them with a competitive advantage in their local markets, offering a range of tools and resources to help them grow their business. |
| ExpressCash | A service that provides homeowners with a fast and convenient way to access cash, using their property as collateral. |
| Homeowner Financing | A range of financing options for homeowners, including mortgages and home equity loans, designed to help them achieve their financial goals. |
Offerpad Solutions Inc.'s Porter Forces
Threat Of Substitutes
Offerpad Solutions Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the growing demand for alternative real estate solutions.
Bargaining Power Of Customers
Offerpad Solutions Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's unique business model and proprietary technology make it difficult for customers to negotiate prices.
Bargaining Power Of Suppliers
Offerpad Solutions Inc. relies on a network of suppliers for its operations, but the company's scale and market position give it some bargaining power. However, the threat of supplier concentration and dependence on a few key suppliers is still present.
Threat Of New Entrants
The real estate technology industry is rapidly evolving, and new entrants with innovative business models and technologies can easily disrupt the market. Offerpad Solutions Inc. needs to continuously innovate and improve its offerings to stay ahead of potential new entrants.
Intensity Of Rivalry
The real estate technology industry is highly competitive, with several established players and new entrants vying for market share. Offerpad Solutions Inc. faces intense competition from companies like Zillow, Redfin, and Opendoor, which can lead to pricing pressure and reduced market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 71.94% |
| Debt Cost | 7.22% |
| Equity Weight | 28.06% |
| Equity Cost | 13.99% |
| WACC | 9.12% |
| Leverage | 256.36% |
Offerpad Solutions Inc. : Quality Control
Offerpad Solutions Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LODE | Comstock Inc. engages in the exploration, development, and production of mineral properties in Nevada. The company explores for gold, silver, lithium, nickel, cobalt, and mercury ores. It operates in two … |
| HOUS | Anywhere Real Estate Inc., through its subsidiaries, provides residential real estate services. It operates through three segments: Realogy Franchise Group, and Realogy Brokerage Group. The Realogy Franchise Group segment franchises … |
| RDFN | Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including … |
| FTHM | Fathom Holdings Inc. provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. It operates through three segments: Real Estate Brokerage, Mortgage, … |
| TCI | Transcontinental Realty Investors, Inc., a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including apartments, office buildings, shopping centers, and developed … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Redfin
A-Score
1-Year Total Return ->
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Transcontinental Realty Investors
A-Score
1-Year Total Return ->
🥉
Fathom Holdings
A-Score
1-Year Total Return ->
4
Anywhere Real Estate
A-Score
1-Year Total Return ->
5
Offerpad Solutions
A-Score
1-Year Total Return ->
6
