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The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Anywhere Real Estate (HOUS) Stock Overview
Through its subsidiaries, provides residential real estate services in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
HOUS Community Fair Values
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Analyst Price Targets
Anywhere Real Estate Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.64 |
| 52 Week High | US$18.03 |
| 52 Week Low | US$2.71 |
| Beta | 1.88 |
| 1 Month Change | 20.00% |
| 3 Month Change | 86.86% |
| 1 Year Change | 467.20% |
| 3 Year Change | 118.05% |
| 5 Year Change | 10.11% |
| Change since IPO | -48.42% |
Recent News & Updates
Narrative Update • Jan 06
HOUS: Special Meeting And Buyback History Will Shape Balanced Merger Outlook
Analysts have adjusted their fair value estimate for Anywhere Real Estate from $11.67 to $14.33, reflecting updated assumptions about long term profit margins and future P/E levels. What's in the News A special shareholders meeting is scheduled for January 7, 2026 at 09:00 US Eastern Standard Time to vote on adopting the Agreement and Plan of Merger dated September 22, 2025 among Compass, Inc., Velocity Merger Sub, Inc., and Anywhere Real Estate (Key Developments).
Narrative Update • Dec 18
HOUS: Pending Compass Deal Will Likely Cap Upside Amid Regulatory Risk
Analysts lifted their price target on Anywhere Real Estate to $11 from $3.50, citing the pending all stock acquisition by Compass and the resulting scale, expected cost synergies, and deleveraging potential that support a higher future earnings multiple despite modest changes to revenue growth and margin assumptions. Analyst Commentary The recent wave of rating changes for Anywhere Real Estate reflects a shift from outright pessimism toward a more balanced, event driven stance following the announced stock for stock acquisition by Compass.Narrative Update • Dec 04
HOUS: Pending Compass Deal Will Likely Disappoint Amid Antitrust And Synergy Risks
Analysts raised their price target on Anywhere Real Estate to $11 from $3.50, citing the pending all stock acquisition by Compass, anticipated cost synergies, and a more favorable risk reward profile despite regulatory review risks. Analyst Commentary Street research following the Compass transaction announcement highlights a meaningful shift in sentiment on Anywhere Real Estate, with multiple upgrades and revised targets centered on deal value, balance sheet repair, and the combined company’s scale advantages.Narrative Update • Nov 20
HOUS: Pending Compass Merger Will Face Antitrust Hurdles And Execution Uncertainty
Analysts have significantly raised their price target for Anywhere Real Estate from $8.83 to $11.67 per share. They cite the pending Compass acquisition, improved deal rationale, and expectations for a strengthened industry position, despite lingering regulatory and debt concerns.Recent updates
Narrative Update • Jan 06
HOUS: Special Meeting And Buyback History Will Shape Balanced Merger Outlook
Analysts have adjusted their fair value estimate for Anywhere Real Estate from $11.67 to $14.33, reflecting updated assumptions about long term profit margins and future P/E levels. What's in the News A special shareholders meeting is scheduled for January 7, 2026 at 09:00 US Eastern Standard Time to vote on adopting the Agreement and Plan of Merger dated September 22, 2025 among Compass, Inc., Velocity Merger Sub, Inc., and Anywhere Real Estate (Key Developments).Narrative Update • Dec 18
HOUS: Pending Compass Deal Will Likely Cap Upside Amid Regulatory Risk
Analysts lifted their price target on Anywhere Real Estate to $11 from $3.50, citing the pending all stock acquisition by Compass and the resulting scale, expected cost synergies, and deleveraging potential that support a higher future earnings multiple despite modest changes to revenue growth and margin assumptions. Analyst Commentary The recent wave of rating changes for Anywhere Real Estate reflects a shift from outright pessimism toward a more balanced, event driven stance following the announced stock for stock acquisition by Compass.Narrative Update • Dec 04
HOUS: Pending Compass Deal Will Likely Disappoint Amid Antitrust And Synergy Risks
Analysts raised their price target on Anywhere Real Estate to $11 from $3.50, citing the pending all stock acquisition by Compass, anticipated cost synergies, and a more favorable risk reward profile despite regulatory review risks. Analyst Commentary Street research following the Compass transaction announcement highlights a meaningful shift in sentiment on Anywhere Real Estate, with multiple upgrades and revised targets centered on deal value, balance sheet repair, and the combined company’s scale advantages.Narrative Update • Nov 20
HOUS: Pending Compass Merger Will Face Antitrust Hurdles And Execution Uncertainty
Analysts have significantly raised their price target for Anywhere Real Estate from $8.83 to $11.67 per share. They cite the pending Compass acquisition, improved deal rationale, and expectations for a strengthened industry position, despite lingering regulatory and debt concerns.Narrative Update • Nov 05
HOUS: Deal With Compass Will Face Heightened Antitrust Scrutiny And Execution Risks
The consensus price target for Anywhere Real Estate has increased from $8.50 to approximately $8.83, as analysts respond positively to the company’s pending acquisition by Compass. They also anticipate improved profitability and revenue growth.Narrative Update • Oct 22
Analysts Boost Anywhere Real Estate Target as Compass Deal Spurs Optimism and Caution
Analysts have raised their price target for Anywhere Real Estate significantly, from $3.50 to $11. They cited the pending acquisition by Compass and anticipated industry leadership resulting from the deal.Narrative Update • Oct 08
Overvaluation Will Face Demographic Headwinds While AI Will Boost Efficiency
Analysts have increased their fair value estimate for Anywhere Real Estate from $7.75 to $8.50 per share. They cite the pending Compass acquisition, updated transaction details, and improved industry outlook as key factors behind the revision.Narrative Update • Sep 24
Overvaluation Will Face Demographic Headwinds While AI Will Boost Efficiency
The consensus analyst price target for Anywhere Real Estate has risen sharply to $7.75, driven primarily by optimism surrounding the planned Compass takeover, anticipated synergies, and favorable deal terms for shareholders, despite regulatory risks. Analyst Commentary Bullish analysts see the pending takeover by Compass as a favorable catalyst for Anywhere Real Estate, resulting in substantial target price increases.Analysis Article • Sep 16
Anywhere Real Estate Inc.'s (NYSE:HOUS) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Despite an already strong run, Anywhere Real Estate Inc. ( NYSE:HOUS ) shares have been powering on, with a gain of 25...Analysis Article • Sep 15
Anywhere Real Estate (NYSE:HOUS) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jul 30
Anywhere Real Estate Inc. (NYSE:HOUS) Surges 39% Yet Its Low P/S Is No Reason For Excitement
Despite an already strong run, Anywhere Real Estate Inc. ( NYSE:HOUS ) shares have been powering on, with a gain of 39...Seeking Alpha • Jun 15
Anywhere Real Estate: Excessive Leverage Amid A Bear Market
Summary Anywhere Real Estate operates major real estate brands but relies heavily on its Advisors segment, which suffers from weak margin trends. The U.S. real estate franchise sector faces headwinds from high mortgage rates and competition from tech-driven startups. Despite some operational strengths, HOUS is overleveraged and continues to report net losses, raising concerns about its financial health. I recommend a sell rating on HOUS until there is clear improvement in its debt profile. Read the full article on Seeking AlphaNew Narrative • May 30
Generative AI And Franchise Expansion Will Elevate US Housing
Technology investments and AI-driven automation are set to boost productivity, reduce costs, and structurally enhance profitability as initiatives mature.Analysis Article • Apr 09
Does Anywhere Real Estate (NYSE:HOUS) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Seeking Alpha • Feb 20
Anywhere Real Estate: Debt Challenges Overshadow Positive Q4 Performance
Summary Anywhere Real Estate shows promising revenue growth and improved EBITDA, but high leverage and significant debt obligations present substantial risks. Despite strong performance in the luxury segment, profitability challenges and high debt levels make the stock a risky investment. The company's financial health is vulnerable, with a high Debt-to-Equity ratio and potential cash flow headwinds in 2025. Given the competitive industry and economic uncertainties, I rate Anywhere Real Estate as a 'sell' due to insufficient margin of safety. Read the full article on Seeking AlphaAnalysis Article • Nov 26
Anywhere Real Estate Inc.'s (NYSE:HOUS) Price Is Right But Growth Is Lacking After Shares Rocket 34%
Those holding Anywhere Real Estate Inc. ( NYSE:HOUS ) shares would be relieved that the share price has rebounded 34...Analysis Article • Oct 24
Is Anywhere Real Estate (NYSE:HOUS) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Sep 15
Why Investors Shouldn't Be Surprised By Anywhere Real Estate Inc.'s (NYSE:HOUS) Low P/S
With a price-to-sales (or "P/S") ratio of 0.1x Anywhere Real Estate Inc. ( NYSE:HOUS ) may be sending very bullish...Analysis Article • Jul 12
Anywhere Real Estate (NYSE:HOUS) Use Of Debt Could Be Considered Risky
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Mar 20
Is Anywhere Real Estate (NYSE:HOUS) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Feb 22
Anywhere Real Estate Inc. (NYSE:HOUS) Looks Inexpensive But Perhaps Not Attractive Enough
With a price-to-sales (or "P/S") ratio of 0.1x Anywhere Real Estate Inc. ( NYSE:HOUS ) may be sending bullish signals...Seeking Alpha • Dec 31
Anywhere Real Estate: Rally Looks Overdone
Summary Anywhere Real Estate is experiencing a huge rally in its stock due to a decline in interest rates and a solid third quarter. The company has done a good job implementing cost savings and reducing the debt on its balance sheet. The stock saw some insider buying in November as well. Do the shares have more room to run or is the stock vulnerable to profit taking as we head into 2024? An analysis follows in the paragraphs below. Read the full article on Seeking AlphaAnalysis Article • Dec 14
Is Anywhere Real Estate (NYSE:HOUS) Using Debt In A Risky Way?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Aug 11
Are Investors Undervaluing Anywhere Real Estate Inc. (NYSE:HOUS) By 22%?
Key Insights Anywhere Real Estate's estimated fair value is US$9.55 based on 2 Stage Free Cash Flow to Equity Anywhere...Seeking Alpha • Aug 09
Anywhere Real Estate: Overvalued And In A Poor Competitive Position
Summary A year ago, I rated Anywhere Real Estate as a sell due to its valuation and its poor competitive position in the real estate brokerage industry. My thoughts on its competitive position have not changed, but the stock’s rise after Q2 earnings provides another opportunity to sell or short the stock. I estimate the stock could decline by 10-30% in the next 12-18 months as the multiple compresses to its long-term average, given my assumptions of poor upcoming financial results. Longer term, Anywhere’s debt will continue to cause problems as I believe the housing market won’t improve as quickly as management thinks. This caused operating income to remain low. Read the full article on Seeking AlphaAnalysis Article • Jul 14
Anywhere Real Estate (NYSE:HOUS) Seems To Be Using A Lot Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 15
Does Anywhere Real Estate (NYSE:HOUS) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Feb 22
Anywhere Real Estate Q4 2022 Earnings Preview
Anywhere Real Estate (NYSE:HOUS) is scheduled to announce Q4 earnings results on Thursday, February 23rd, before market open. The consensus EPS Estimate is -$0.01 (-102.6% Y/Y) and the consensus Revenue Estimate is $1.42B (-28.1% Y/Y). Over the last 2 years, HOUS has beaten EPS estimates 50% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 2 downward. Revenue estimates have seen 0 upward revisions and 2 downward.Analysis Article • Dec 20
Anywhere Real Estate (NYSE:HOUS) Seems To Be Using A Lot Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Nov 08
Anywhere Real Estate: Navigating A Real Estate Downturn
Summary Anywhere Real Estate’s quarterly numbers fall short of expectations. Given the worsening real estate backdrop, full-year guidance has also been withdrawn for now. Backed by a well-capitalized balance sheet and through-cycle cash generation, however, the company is well-positioned to navigate a downcycle. Relative to cyclically lowered estimates, the stock is very reasonably priced. Anywhere Real Estate (HOUS) is the leading owner/franchisor of residential real estate brokerages in the US, with most of its revenues and profits derived from its Anywhere Advisors brokerage segment. Amid a deteriorating property backdrop, it was perhaps no surprise that HOUS has withdrawn its full-year EBITDA guidance on account of worsening transaction volumes in the September to October period (down >25% YoY). The headwinds will undoubtedly continue for the next few quarters as well, but I suspect most of the negative impact has already been priced into the stock here. Importantly, HOUS has a demonstrated track record of generating free cash flow through the cycles (including the '08 crisis), and I see no reason why this time will be any different. As the real estate brokerage market shakes out, HOUS's strong cash buffer could instead see it coming out of this downturn with a larger share of the market. Relative to cyclically low numbers, HOUS is trading at a compelling ~6x fwd EV/EBITDA. Data by YCharts An Unsurprisingly Below-Par Quarter HOUS posted a Q3 update that was weighed down by a weakening for-sale housing market, as adj EPS of $0.58/share and reported operating EBITDA of $166m (down 39% YoY) missed consensus expectations. Driving the P&L result was a ~17% decline in total transaction volume, led by a 23% YoY decline in the franchise segment despite a 5% higher price contribution. The company's brokerage segment (the highest revenue and EBITDA contributor to the group) also saw a 15% YoY decline, as a steep drop-off in volumes outweighed the 3% YoY price increase. Anywhere Real Estate While the Q3 earnings missed expectations across the board in a very difficult quarter, I would point to HOUS's continued cash flow generation at +$99m of FCF as a silver lining. Additionally, the company has also made headway in building out its owned brokerage agent count (up ~7%), a positive signal that its competitiveness on the recruiting and retention fronts are improving. Guidance Withdrawal Implications In light of the macro challenges, Q4 volumes are tracking down 25%, well below management's prior expectations of -10% to -20%. Management has reacted by removing its full-year EBITDA guidance for now. On the quarterly call, HOUS was less pessimistic, though, noting signs of competitive pressure easing as small brokers drop out of the market and the agent split % moderates in a lower volume environment. As a result, management sees some relief from splits coming down in a tough market, which could provide some margin insulation against further volume pressure in the quarters ahead. HOUS also has levers on the cost side - management noted it remains on track to achieve ~$140m in previously targeted savings. Only a third of these savings are expected to stick, though, with the remaining being temporary measures to address the weak housing market. Beyond the headline targets, I suspect the company could go even further on costs should the property market continue to weaken - for instance, the integration of title/mortgage into the owned brokerage system presents one potential area where efficiency gains remain on the table. With management having done a stellar job of managing costs over the last few years, HOUS could well deliver some upside surprises down the line. A Strong Liquidity Position Ensures Ample Runway HOUS closed out the quarter with a solid ~$1.3bn liquidity position, of which ~$272m is cash on hand. Post-Q3, management followed up with the redemption of the remaining $340m of 2023 notes using a combination of revolver borrowings and cash, leaving no significant maturity until the 2026 converts. Anywhere Real EstateShareholder Returns
| HOUS | US Real Estate | US Market | |
|---|---|---|---|
| 7D | 24.6% | 1.0% | 2.2% |
| 1Y | 467.2% | -14.7% | 24.8% |
Return vs Industry: HOUS exceeded the US Real Estate industry which returned 12.5% over the past year.
Return vs Market: HOUS exceeded the US Market which returned 16.7% over the past year.
Price Volatility
| HOUS volatility | |
|---|---|
| HOUS Average Weekly Movement | 8.2% |
| Real Estate Industry Average Movement | 7.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HOUS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HOUS's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 7,855 | Ryan Schneider | www.anywhere.re |
Anywhere Real Estate Inc., through its subsidiaries, provides residential real estate services in the United States and internationally. It operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The company franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brands; and provides global relocation services under Cartus brand, as well as lead generation activities.
Anywhere Real Estate Inc. Fundamentals Summary
| HOUS fundamental statistics | |
|---|---|
| Market cap | US$1.91b |
| Earnings (TTM) | -US$128.00m |
| Revenue (TTM) | US$5.87b |
0.3x
P/S Ratio-15.5x
P/E RatioIs HOUS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HOUS income statement (TTM) | |
|---|---|
| Revenue | US$5.87b |
| Cost of Revenue | US$3.86b |
| Gross Profit | US$2.02b |
| Other Expenses | US$2.15b |
| Earnings | -US$128.00m |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.14 |
| Gross Margin | 34.37% |
| Net Profit Margin | -2.18% |
| Debt/Equity Ratio | 181.3% |
How did HOUS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/08 21:53 |
| End of Day Share Price | 2026/01/08 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Anywhere Real Estate Inc. is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Ages | Berenberg |
| David Ridley-Lane | BofA Global Research |
| Robert Rutschow | CLSA |