Anywhere Real Estate Inc. (NYSE:HOUS) Sees Large Increase in Short Interest

Anywhere Real Estate Inc. (NYSE:HOUS) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,560,000 shares, a growth of 19.5% from the December 31st total of 2,980,000 shares. Based on an average trading volume of 1,100,000 shares, the short-interest ratio is currently 3.2 days. Approximately 3.7% of the shares of the stock are sold short.

Analysts Set New Price Targets

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

Institutional Trading of Anywhere Real Estate

Several large investors have recently bought and sold shares of the company. Quarry LP acquired a new stake in shares of Anywhere Real Estate during the third quarter valued at $26,000. Mraz Amerine & Associates Inc. acquired a new stake in shares of Anywhere Real Estate during the fourth quarter valued at $33,000. Townsquare Capital LLC acquired a new stake in shares of Anywhere Real Estate during the third quarter valued at $52,000. Empirical Asset Management LLC acquired a new stake in shares of Anywhere Real Estate during the fourth quarter valued at $52,000. Finally, Ballentine Partners LLC acquired a new stake in shares of Anywhere Real Estate during the third quarter valued at $62,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Price Performance

Anywhere Real Estate stock traded down $0.12 during trading hours on Monday, hitting $3.50. The stock had a trading volume of 63,263 shares, compared to its average volume of 1,167,175. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36. The stock has a market capitalization of $388.85 million, a price-to-earnings ratio of -2.23 and a beta of 2.40. Anywhere Real Estate has a 1-year low of $2.71 and a 1-year high of $7.89. The stock’s fifty day moving average is $3.85 and its two-hundred day moving average is $4.36.

Anywhere Real Estate (NYSE:HOUS) last posted its earnings results on Thursday, November 7th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.18). The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.63 billion. Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the company posted $0.15 EPS. As a group, analysts predict that Anywhere Real Estate will post -0.7 earnings per share for the current fiscal year.

Anywhere Real Estate Company Profile

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.