Offerpad Solutions (OPAD) to Release Quarterly Earnings on Monday

Offerpad Solutions (NYSE:OPAD) is projected to issue its quarterly earnings data after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of ($0.48) per share and revenue of $174.24 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Offerpad Solutions Stock Performance

Shares of NYSE:OPAD opened at $2.27 on Friday. The company has a market cap of $62.00 million, a PE ratio of -1.03 and a beta of 2.22. Offerpad Solutions has a 52 week low of $2.08 and a 52 week high of $9.47. The firm has a 50 day simple moving average of $2.69 and a 200 day simple moving average of $3.34.

Analysts Set New Price Targets

OPAD has been the subject of several research analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Offerpad Solutions from $3.75 to $3.15 and set a “market perform” rating for the company in a research report on Wednesday, November 6th. JMP Securities reiterated a “market outperform” rating and issued a $4.50 target price on shares of Offerpad Solutions in a research report on Monday, December 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently 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.