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Stephens & Co. maintained its Equal-Weight recommendation for Anywhere Real Estate (NYSE:HOUS) as of Wednesday, October 25, 2023, reflecting balanced stock performance expectations. The one-year average price target for the company is set at $7.31, suggesting a potential upside of 54.22% from its recent closing price of $4.74.
The company’s projected annual revenue is anticipated to rise by 18.43% to reach $6,761MM, alongside a non-GAAP EPS forecast of 1.44. Despite a marginal decrease in institutional ownership by 1.07% over the last quarter to 463 funds or institutions, the average portfolio weight for HOUS has increased by 18.52%.
A slight dip was observed in total institutional shares, witnessing an 8.27% decrease to 123,665K shares over the last three months. Noteworthy shareholders include Angelo Gordon & Co., holding 9,363K shares, IJR – iShares Core S&P Small-Cap ETF, Southeastern Asset Management, LLSCX – Longleaf Partners Small-Cap Fund, and Sixth Street Partners Management Company.
The company’s bullish put/call ratio stands at 0.53. Anywhere Real Estate operates under the umbrella of Realogy Holdings Corp., a prominent U.S residential real estate services provider with a diverse brand portfolio and a large network of independent sales agents worldwide.
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