Offerpad Solutions Inc. engages in buying, selling, renting, and renovating properties to homeowners in the United States.
Share Price & News
How has Offerpad Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine OPAD's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine OPAD's volatility change over the past year.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: Insufficient data to determine how OPAD performed against the US Real Estate industry.
Return vs Market: Insufficient data to determine how OPAD performed against the US Market.
Long-Term Price Volatility Vs. Market
How volatile is Offerpad Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Offerpad Solutions Fundamentals Summary
|OPAD fundamental statistics|
Is OPAD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OPAD income statement (TTM)|
|Cost of Revenue||US$942.79m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.61|
|Net Profit Margin||0.44%|
How did OPAD perform over the long term?See historical performance and comparison
Is Offerpad Solutions undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OPAD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OPAD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OPAD is poor value based on its PE Ratio (951.4x) compared to the US Real Estate industry average (26.6x).
PE vs Market: OPAD is poor value based on its PE Ratio (951.4x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OPAD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OPAD has negative assets, so we can't compare its PB Ratio to the US Real Estate industry average.
How is Offerpad Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Offerpad Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Offerpad Solutions performed over the past 5 years?
Last years revenue growth
Earnings and Revenue History
Quality Earnings: OPAD has a high level of non-cash earnings.
Growing Profit Margin: OPAD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OPAD has become profitable over the past 5 years.
Accelerating Growth: OPAD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OPAD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (61.9%).
Return on Equity
High ROE: OPAD's Return on Equity (9.1%) is considered low.
How is Offerpad Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: OPAD's short term assets ($561.1M) exceed its short term liabilities ($521.8M).
Long Term Liabilities: OPAD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OPAD's debt to equity ratio (949.9%) is considered high.
Reducing Debt: Insufficient data to determine if OPAD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OPAD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OPAD's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Offerpad Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OPAD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OPAD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OPAD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OPAD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OPAD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brian Bair serves as Founder, Chief Executive Officer and a Member of Board of Directors at Offerpad Solutions Inc since July 2015 and also serves as its Chairman of the Board since September 2021. Mr....
Experienced Management: OPAD's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: OPAD only recently listed within the past 12 months.
Offerpad Solutions Inc's company bio, employee growth, exchange listings and data sources
- Name: Offerpad Solutions Inc
- Ticker: OPAD
- Exchange: NYSE
- Founded: 2015
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: US$4.464b
- Shares outstanding: 223.53m
- Website: https://www.offerpad.com
Number of Employees
- Offerpad Solutions Inc
- 2212 East Williams Field Road
- United States
Offerpad Solutions Inc. engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform, which includes that empower...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 22:57|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.