Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Update

Anywhere Real Estate Inc. (NYSE:HOUS) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 4,680,000 shares, an increase of 44.0% from the February 28th total of 3,250,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the short-interest ratio is presently 3.9 days. Approximately 4.5% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Barclays decreased their price target on Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Virtu Financial LLC increased its position in Anywhere Real Estate by 24.6% during the third quarter. Virtu Financial LLC now owns 15,305 shares of the company’s stock worth $78,000 after buying an additional 3,022 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Anywhere Real Estate by 1.9% during the 4th quarter. Invesco Ltd. now owns 179,612 shares of the company’s stock worth $593,000 after purchasing an additional 3,327 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of Anywhere Real Estate by 1.9% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 236,696 shares of the company’s stock worth $781,000 after buying an additional 4,490 shares in the last quarter. Quarry LP acquired a new position in shares of Anywhere Real Estate in the third quarter valued at approximately $26,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Anywhere Real Estate by 6.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 98,659 shares of the company’s stock valued at $326,000 after buying an additional 6,192 shares during the period. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Anywhere Real Estate Price Performance

Shares of HOUS stock traded down $0.17 during mid-day trading on Friday, reaching $3.47. The stock had a trading volume of 877,919 shares, compared to its average volume of 1,345,731. The company has a market cap of $388.26 million, a P/E ratio of -2.99 and a beta of 2.46. The company has a current ratio of 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38. Anywhere Real Estate has a 12-month low of $2.71 and a 12-month high of $6.19. The business has a 50-day simple moving average of $3.63 and a 200 day simple moving average of $4.06.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.09). The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.28 billion. Anywhere Real Estate had a negative net margin of 2.25% and a negative return on equity of 5.88%. On average, sell-side analysts anticipate that Anywhere Real Estate will post 0.05 earnings per share for the current year.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.