Offerpad Solutions Inc. Class A Common Stock (OPAD)
2.3750
+0.0350 (1.50%)
Offerpad Solutions Inc is a technology-driven real estate company that simplifies the home buying and selling process
The company provides a platform for homeowners to easily sell their properties quickly and conveniently, often with a streamlined cash offer process. By leveraging data and technology, Offerpad enhances the customer experience in real estate transactions, making it easier for buyers to discover homes that meet their needs. With services that include home financing and renovations, Offerpad aims to provide a comprehensive solution in the residential real estate market.
Offerpad (NYSEOPAD), a leader in providing streamlined home selling solutions, is proud to announce the launch of PriceLock, a commitment to provide homeowners with confidence during the selling process.
Offerpad has gotten torched over the last six months - since July 2024, its stock price has dropped 36% to $2.95 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at RE/MAX (NYSERMAX) and the best and worst performers in the real estate services industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q3, starting with Anywhere Real Estate (NYSEHOUS).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at real estate services stocks, starting with Offerpad (NYSEOPAD).
Technology real estate company Offerpad (NYSEOPAD) beat Wall Street’s revenue expectations in Q3 CY2024, but sales fell 11.2% year on year to $208.1 million. On the other hand, next quarter’s revenue guidance of $172.5 million was less impressive, coming in 19.6% below analysts’ estimates. Its GAAP loss of $0.49 per share was 11.3% below analysts’ consensus estimates.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended September 30, 2024.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, announced today that it will release third-quarter 2024 financial results on Monday, November 4, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad’s Chairman and CEO, will participate in a fireside chat at 8:50 am PT on Tuesday, September 10, 2024 at the Goldman Sachs Communacopia + Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad’s Investor Relations website at investor.offerpad.com. A webcast replay will be available on Offerpad’s website following the event for 180 days.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-driven platform for residential real estate, announced its launch of Powered By Offerpad (PBO), a new online portal for agents and agent teams who are part of the company’s Pro and Max agent programs. Offerpad continues to be a trusted leader among the agent community with its commitment to providing simple real estate solutions for all through its proprietary technology. The new portal launched in Q2 as the company’s Agent Partner Program flourishes; roughly one-third of all real estate acquisitions in Q2 ‘24 came through the program, and quarter over quarter requests increased 37%. The portal provides the necessary tools and resources for Max and Pro agents in one convenient location.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended June 30, 2024.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, announced today the company will release second-quarter 2024 financial results on Monday, August 5, 2024. The company also will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT that same day to discuss financial results and recent developments.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-driven platform for residential real estate, today announced a new integration with Realtor.com® to provide cash offers to more sellers. Through this integration, Offerpad will extend its reach to a larger audience of potential sellers, offering them an efficient and seamless selling experience.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, announced today that Offerpad is expected to be included in the Russell 2000® and 3000® Indexes effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including OPAD, was posted by FTSE Russell on May 24, 2024.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today announced the appointment of Peter Knag as its new Chief Financial Officer, effective June 5, 2024. Knag brings a proven track record of success and deep financial acumen to Offerpad, having excelled in senior financial leadership roles across the media, telecommunications, technology, and finance sectors.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-driven platform for residential real estate, is reaffirming its commitment to making real estate simple and stress-free during National Moving Month by showcasing data that shows the popularity of the company’s Free Local Move program for home sellers on its platform and trend data around where people are making local moves.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad’s Chairman and CEO, will participate in a fireside chat at 1:50 pm ET on Monday, May 20, 2024 at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad’s Investor Relations website at investor.offerpad.com. A webcast replay will be available on Offerpad’s website following the event for 180 days.
Offerpad Solutions Inc. (“Offerpad”) (NYSEOPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended March 31, 2024.
