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Overstock.com

Nasdaq:OSTK
Snowflake Description

Moderate growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OSTK
Nasdaq
$619M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Overstock.com, Inc. operates as an online retailer in the United States and internationally. The last earnings update was 72 days ago. More info.


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  • Overstock.com has significant price volatility in the past 3 months.
OSTK Share Price and Events
7 Day Returns
-7.7%
NasdaqGM:OSTK
-0.8%
US Online Retail
-1.2%
US Market
1 Year Returns
-54.8%
NasdaqGM:OSTK
1.3%
US Online Retail
3.4%
US Market
OSTK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Overstock.com (OSTK) -7.7% 75.1% 17.1% -54.8% 4.4% 5.7%
US Online Retail -0.8% 2.4% 1.1% 1.3% 116% 225.8%
US Market -1.2% 1.2% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • OSTK underperformed the Online Retail industry which returned 1.3% over the past year.
  • OSTK underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
OSTK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Overstock.com undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Overstock.com to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Overstock.com.

NasdaqGM:OSTK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:OSTK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.64 (1 + (1- 21%) (7.26%))
1.492
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.49
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.492 * 5.96%)
11.62%

Discounted Cash Flow Calculation for NasdaqGM:OSTK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Overstock.com is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGM:OSTK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.62%)
2020 -25.64 Analyst x1 -22.97
2021 25.55 Analyst x1 20.51
2022 76.21 Analyst x1 54.79
2023 158.15 Analyst x1 101.87
2024 236.91 Est @ 49.8% 136.72
2025 321.45 Est @ 35.68% 166.19
2026 404.37 Est @ 25.8% 187.29
2027 480.70 Est @ 18.88% 199.46
2028 548.15 Est @ 14.03% 203.77
2029 606.48 Est @ 10.64% 201.98
Present value of next 10 years cash flows $1,249.60
NasdaqGM:OSTK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $606.48 × (1 + 2.73%) ÷ (11.62% – 2.73%)
$7,006.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7,006.34 ÷ (1 + 11.62%)10
$2,333.31
NasdaqGM:OSTK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,249.60 + $2,333.31
$3,582.91
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,582.91 / 35.28
$101.57
NasdaqGM:OSTK Discount to Share Price
Calculation Result
Value per share (USD) From above. $101.57
Current discount Discount to share price of $17.54
= -1 x ($17.54 - $101.57) / $101.57
82.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Overstock.com is available for.
Intrinsic value
>50%
Share price is $17.54 vs Future cash flow value of $101.57
Current Discount Checks
For Overstock.com to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Overstock.com's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Overstock.com's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Overstock.com's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Overstock.com's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:OSTK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-6.25
NasdaqGM:OSTK Share Price ** NasdaqGM (2019-07-19) in USD $17.54
United States of America Online Retail Industry PE Ratio Median Figure of 29 Publicly-Listed Online Retail Companies 35.05x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Overstock.com.

NasdaqGM:OSTK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:OSTK Share Price ÷ EPS (both in USD)

= 17.54 ÷ -6.25

-2.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Overstock.com is loss making, we can't compare its value to the US Online Retail industry average.
  • Overstock.com is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Overstock.com's expected growth come at a high price?
Raw Data
NasdaqGM:OSTK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
59.8%per year
United States of America Online Retail Industry PEG Ratio Median Figure of 23 Publicly-Listed Online Retail Companies 2.17x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Overstock.com, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Overstock.com's assets?
Raw Data
NasdaqGM:OSTK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $3.91
NasdaqGM:OSTK Share Price * NasdaqGM (2019-07-19) in USD $17.54
United States of America Online Retail Industry PB Ratio Median Figure of 65 Publicly-Listed Online Retail Companies 2.89x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
NasdaqGM:OSTK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:OSTK Share Price ÷ Book Value per Share (both in USD)

= 17.54 ÷ 3.91

4.49x

* Primary Listing of Overstock.com.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Overstock.com is overvalued based on assets compared to the US Online Retail industry average.
X
Value checks
We assess Overstock.com's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. Overstock.com has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Overstock.com expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
59.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Overstock.com expected to grow at an attractive rate?
  • Overstock.com's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Overstock.com's earnings growth is expected to exceed the United States of America market average.
  • Overstock.com's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:OSTK Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:OSTK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 59.8%
NasdaqGM:OSTK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.1%
United States of America Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 26.2%
United States of America Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 16.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:OSTK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:OSTK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,967 191 70 2
2022-12-31 1,810 108 3 2
2021-12-31 1,708 57 -34 2
2020-12-31 1,624 5 -68 2
2019-12-31 1,572 -59 -116 2
NasdaqGM:OSTK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,744 -180 -193
2018-12-31 1,822 -139 -205
2018-09-30 1,825 -93 -253
2018-06-30 1,809 -60 -207
2018-03-31 1,758 -22 -151
2017-12-31 1,745 -35 -107
2017-09-30 1,815 -7 -11
2017-06-30 1,832 20 -13
2017-03-31 1,819 51 -7
2016-12-31 1,800 40 13
2016-09-30 1,754 75 10
2016-06-30 1,704 75 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Overstock.com's earnings are expected to grow significantly at over 20% yearly.
  • Overstock.com's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:OSTK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Overstock.com Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:OSTK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 2.17 3.59 0.75 2.00
2022-12-31 0.28 1.51 -0.96 2.00
2021-12-31 -0.81 0.15 -1.76 2.00
2020-12-31 -1.80 -1.04 -2.55 2.00
2019-12-31 -3.21 -3.11 -3.31 2.00
NasdaqGM:OSTK Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -6.25
2018-12-31 -6.83
2018-09-30 -8.98
2018-06-30 -7.71
2018-03-31 -5.84
2017-12-31 -4.28
2017-09-30 -0.43
2017-06-30 -0.52
2017-03-31 -0.26
2016-12-31 0.49
2016-09-30 0.38
2016-06-30 0.42

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Overstock.com will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Overstock.com's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Overstock.com has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Overstock.com performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Overstock.com's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Overstock.com does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Overstock.com's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Overstock.com's 1-year growth to the US Online Retail industry average as it is not currently profitable.
Earnings and Revenue History
Overstock.com's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Overstock.com Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:OSTK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,743.99 -193.40 523.09
2018-12-31 1,821.59 -204.88 562.21
2018-09-30 1,825.33 -253.35 546.70
2018-06-30 1,808.76 -207.23 507.71
2018-03-31 1,757.65 -151.11 446.23
2017-12-31 1,744.76 -107.13 387.19
2017-09-30 1,814.65 -10.79 377.02
2017-06-30 1,832.21 -13.10 366.23
2017-03-31 1,818.72 -6.68 354.16
2016-12-31 1,799.96 12.52 342.95
2016-09-30 1,754.05 9.54 330.81
2016-06-30 1,703.70 10.56 321.87
2016-03-31 1,673.17 13.14 311.61
2015-12-31 1,657.84 2.45 305.19
2015-09-30 1,647.93 3.69 296.66
2015-06-30 1,609.71 7.38 285.54
2015-03-31 1,554.24 7.62 274.80
2014-12-31 1,497.10 8.85 267.50
2014-09-30 1,424.34 76.95 240.13
2014-06-30 1,372.77 78.86 231.12
2014-03-31 1,333.43 80.65 224.00
2013-12-31 1,304.22 84.38 217.67
2013-09-30 1,248.66 23.72 214.65
2013-06-30 1,202.58 22.88 203.77
2013-03-31 1,148.92 19.65 193.21
2012-12-31 1,099.29 14.67 186.19
2012-09-30 1,071.33 2.47 185.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Overstock.com has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Overstock.com has efficiently used its assets last year compared to the US Online Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Overstock.com improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Overstock.com's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Overstock.com has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Overstock.com's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Overstock.com's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Overstock.com's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Overstock.com's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Overstock.com's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 59.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Overstock.com Company Filings, last reported 3 months ago.

NasdaqGM:OSTK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 209.56 3.10 119.63
2018-12-31 210.71 3.07 141.51
2018-09-30 258.05 3.07 182.04
2018-06-30 198.11 3.07 152.23
2018-03-31 256.09 39.98 259.57
2017-12-31 172.12 39.91 203.22
2017-09-30 159.89 43.41 92.27
2017-06-30 159.93 43.66 103.95
2017-03-31 166.97 43.92 136.42
2016-12-31 172.96 44.18 183.10
2016-09-30 159.59 39.50 124.47
2016-06-30 161.79 31.97 122.57
2016-03-31 162.10 19.70 128.19
2015-12-31 149.36 8.84 170.26
2015-09-30 148.34 0.50 81.27
2015-06-30 132.92 1.71 105.47
2015-03-31 129.78 2.15 124.32
2014-12-31 129.22 1.01 181.64
2014-09-30 128.32 0.00 112.74
2014-06-30 128.77 0.00 101.88
2014-03-31 125.67 0.00 110.65
2013-12-31 118.76 0.00 148.67
2013-09-30 48.34 0.00 84.86
2013-06-30 43.52 0.00 84.74
2013-03-31 38.02 0.00 81.90
2012-12-31 30.96 0.00 93.55
2012-09-30 21.28 17.00 72.47
  • Overstock.com's level of debt (1.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Overstock.com has less than a year of cash runway based on current free cash flow.
  • Overstock.com has less than a year of cash runway if free cash flow continues to grow at historical rates of 96.2% each year.
X
Financial health checks
We assess Overstock.com's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Overstock.com has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Overstock.com's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Overstock.com dividends.
If you bought $2,000 of Overstock.com shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Overstock.com's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Overstock.com's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:OSTK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2016 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:OSTK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Overstock.com has not reported any payouts.
  • Unable to verify if Overstock.com's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Overstock.com's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Overstock.com has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Overstock.com's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Overstock.com afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Overstock.com has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Overstock.com's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Patrick Byrne
COMPENSATION $136,598
AGE 56
TENURE AS CEO 19.8 years
CEO Bio

Dr. Patrick M. Byrne founded Overstock.com Inc. and has been its Chief Executive Officer since 1999 and is its President since May 2018. Dr. Byrne was President of Retail at Overstock.com, Inc. since May 8, 2018. Dr. Byrne was Chief Executive Officer of tZERO until May 8, 2018 and has been its Executive Chairman since May 8, 2018. Dr. Byrne serves as a General Partner of High Plains Investments LLC. Dr. Byrne has been a Manager of the Haverford Group, an investment company and an affiliate of Overstock since 1994. Dr. Byrne served as the Chief Executive Officer of Overstock.com Inc. since October 1999. He served as the President of Overstock.com from February 2001 to April 29, 2003 and again from August 22, 2003 to July 2008. He served as the Chief Operating Officer of Overstock.com. From September 1997 to May 1999, he served as the Chairman, President and Chief Executive Officer of Fechheimer Brothers, Inc. From 1995 to September 1999, he served as Chairman, President and Chief Executive Officer of Centricut, LLC. Mr. Byrne served as an Executive Chairman of Overstock.com Inc. since April 25, 2006 until April 10, 2014. He also served as the Chairman of Overstock.com from February 2001 to October 25, 2005. Dr. Byrne has been an Executive Director of Overstock.com since October 1999. He serves as a Director of Merastar Insurance Company. He served as a Director of White River Corporation since May 1996. Dr. Byrne holds a Bachelor of Arts degree in Chinese studies from Dartmouth College, a Masters degree from Cambridge University as a Marshall Scholar and a PhD in Philosophy from Stanford University.

CEO Compensation
  • Patrick's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Patrick's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Overstock.com management team in years:

1.5
Average Tenure
46.5
Average Age
  • The average tenure for the Overstock.com management team is less than 2 years, this suggests a new team.
Management Team

Patrick Byrne

TITLE
Founder
COMPENSATION
$137K
AGE
56
TENURE
19.8 yrs

Greg Iverson

TITLE
Chief Financial Officer
COMPENSATION
$1M
AGE
44
TENURE
1.3 yrs

JP Knab

TITLE
Chief Marketing Officer
COMPENSATION
$2M
AGE
39
TENURE
1.5 yrs

Ron Hilton

TITLE
Chief Sourcing & Operations Officer

Nathan Auwerda

TITLE
Chief Technology Officer
AGE
38
TENURE
1.5 yrs

Carter Lee

TITLE
Chief Administrative Officer
AGE
49
TENURE
1.5 yrs

Mark Harden

TITLE
Investor Relations Contact

Eric Nickle

TITLE
VP of Legal & General Counsel

Meghan Tuohig

TITLE
Chief People Officer

Dave Nielsen

TITLE
President of Overstock Retail
COMPENSATION
$632K
AGE
49
Board of Directors Tenure

Average tenure and age of the Overstock.com board of directors in years:

12.1
Average Tenure
56
Average Age
  • The average tenure for the Overstock.com board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Allison Abraham

TITLE
Chairwoman of the Board
COMPENSATION
$396K
AGE
56
TENURE
2.2 yrs

Patrick Byrne

TITLE
Founder
COMPENSATION
$137K
AGE
56
TENURE
19.8 yrs

Joe Tabacco

TITLE
Director
COMPENSATION
$321K
AGE
70
TENURE
12.1 yrs

Jonathan Johnson

TITLE
Director
COMPENSATION
$628K
AGE
53
TENURE
6.2 yrs

Clay Corbus

TITLE
Director
COMPENSATION
$321K
AGE
52
TENURE
12.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Overstock.com individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. May 19 Buy Joseph Tabacco Individual 17. May 19 20. May 19 40,000 $10.52 $418,050
17. May 19 Sell High Plains Investments LLC Company 16. May 19 16. May 19 -407,055 $10.29 $-4,187,863
15. May 19 Sell High Plains Investments LLC Company 13. May 19 14. May 19 -500,000 $13.33 $-6,544,075
08. Apr 19 Sell John Knab Individual 05. Apr 19 05. Apr 19 -2,500 $16.93 $-42,326
04. Apr 19 Buy Joseph Tabacco Individual 27. Mar 19 27. Mar 19 5,000 $18.20 $90,985
29. Jan 19 Sell Eric Nickle Individual 05. Sep 18 05. Sep 18 -100 $30.00 $-3,000
10. Sep 18 Sell High Plains Investments LLC Company 06. Sep 18 10. Sep 18 -774,303 $27.00 $-20,000,391
30. Aug 18 Sell Carter Lee Individual 29. Aug 18 29. Aug 18 -1,300 $30.15 $-39,196
20. Aug 18 Sell Carter Lee Individual 16. Aug 18 16. Aug 18 -2,000 $31.05 $-62,101
14. Aug 18 Sell John Knab Individual 13. Aug 18 13. Aug 18 -2,000 $39.75 $-79,500
X
Management checks
We assess Overstock.com's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Overstock.com has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can We See Significant Institutional Ownership On The Overstock.com, Inc. (NASDAQ:OSTK) Share Register?

With a market capitalization of US$659m, Overstock.com is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Overstock.com NasdaqGM:OSTK Ownership Summary, July 19th 2019 What Does The Institutional Ownership Tell Us About Overstock.com? … We can see that Overstock.com does have institutional investors; and they hold 62% of the stock.

Simply Wall St -

Does The Overstock.com, Inc. (NASDAQ:OSTK) Share Price Tend To Follow The Market?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … This is above 1, so historically its share price has been influenced by the broader volatility of the stock market. … What this means for you: Since Overstock.com has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Have Insiders Been Selling Overstock.com, Inc. (NASDAQ:OSTK) Shares This Year?

So shareholders might well want to know whether insiders have been buying or selling shares in Overstock.com, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price

Simply Wall St -

Could Overstock.com, Inc.'s (NASDAQ:OSTK) Investor Composition Influence The Stock Price?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Introducing Overstock.com (NASDAQ:OSTK), The Stock That Slid 56% In The Last Year

Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … In the last year Overstock.com saw its revenue grow by 0.6%. … It's likely this muted growth has contributed to the share price decline of 56% in the last year.

Simply Wall St -

What Did Overstock.com, Inc.'s (NASDAQ:OSTK) CEO Take Home Last Year?

Patrick Byrne has been the CEO of Overstock.com, Inc. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Patrick Byrne's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Are Insiders Selling Overstock.com, Inc. (NASDAQ:OSTK) Stock?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Overstock.com, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

Simply Wall St -

Does The Overstockcom Inc (NASDAQ:OSTK) Share Price Fall With The Market?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Is Overstockcom Inc's (NASDAQ:OSTK) CEO Pay Justified?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Patrick Byrne's Compensation Compare With Similar Sized Companies. … A first glance this seems like a real positive for shareholders, since Patrick Byrne is paid less than the average compensation paid by similar sized companies.

Simply Wall St -

Can Overstockcom Inc (NASDAQ:OSTK) Improve Your Portfolio Returns?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Company Info

Description

Overstock.com, Inc. operates as an online retailer in the United States and internationally. It operates through Retail and tZERO segments. The company offers furniture; and home décor, including rugs, bedding and bath, home improvement, kitchen items, and other related products. It also operates Worldstock Fair Trade, a store that provides handcrafted products; Pet Adoptions, a free service and portal to display pets available for adoption; and Overstock Hotels, a portal that enables customers to search and book properties within its Website. In addition, the company operates Supplier Oasis, a single integration point for partners to manage their products, inventory, and sales channels, as well as obtain multi-channel fulfillment services through its distribution network; and offers businesses advertising products or services on its Website. It provides its products and services through its Internet Websites, such as overstock.com, o.co, and o.biz. Further, it focuses on the development and commercialization of financial applications of blockchain technologies. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is headquartered in Midvale, Utah.

Details
Name: Overstock.com, Inc.
OSTK
Exchange: NasdaqGM
Founded: 1997
$618,737,268
35,275,785
Website: http://www.overstock.com
Address: Overstock.com, Inc.
799 West Coliseum Way,
Midvale,
Utah, 84047,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM OSTK Common Stock Nasdaq Global Market US USD 30. May 2002
DB OVER Common Stock Deutsche Boerse AG DE EUR 30. May 2002
LSE 0KDU Common Stock London Stock Exchange GB USD 30. May 2002
OTCPK OSTB.P PFD VTG SER B Pink Sheets LLC US USD 02. Feb 2017
Number of employees
Current staff
Staff numbers
2,060
Overstock.com employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 23:43
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/19
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.