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Anywhere Real Estate ate (HOUS)
NYSE:HOUS
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Anywhere Real Estate ate
(NYSE:HOUS)
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Rating:58Neutral
Price Target:
$11.50
▲(0.70% Upside)
The overall stock score for Anywhere Real Estate is primarily influenced by its challenging financial performance, characterized by high leverage and negative profitability. However, the positive technical indicators and a favorable earnings call outlook, highlighting growth in the luxury segment and AI-driven innovation, provide some optimism. The valuation remains a concern due to the negative P/E ratio and lack of dividend yield.
Anywhere Real Estate ate (HOUS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.30B
Dividend YieldN/A
Average Volume (3M)4.06M
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue Growth5.27%
EPS Growth25.71%
CountryUS
Employees7,805
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)-0.12
Shares Outstanding112,023,820
10 Day Avg. Volume3,098,618
30 Day Avg. Volume4,056,251
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)0.23
Price to Sales (P/S)0.06
P/FCF Ratio14.10
Enterprise Value/Market Cap2.68
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit1.03
Enterprise Value/Ebitda2.56
Forecast
1Y Price Target
$11.00Price Target Upside-3.68% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Anywhere Real Estate ate Business Overview & Revenue Model
Company DescriptionAnywhere Real Estate Inc. (HOUS) is a leading global residential real estate services company that operates in various sectors, including brokerage, title and settlement services, and mortgage origination. The company encompasses a diverse portfolio of well-known brands and franchises, providing comprehensive solutions for buyers, sellers, and renters in the real estate market. Anywhere Real Estate is committed to leveraging technology and innovation to enhance the customer experience and streamline real estate transactions.
How the Company Makes MoneyAnywhere Real Estate generates revenue through multiple streams, primarily by facilitating residential real estate transactions. The company's core revenue comes from its brokerage services, where it earns commissions from property sales and rentals. Additionally, the company offers title and settlement services, generating fees for managing the legal aspects of real estate transactions. Mortgage origination services further contribute to its earnings by providing financing solutions to home buyers. Significant partnerships with real estate agents and franchises enhance its market reach and revenue potential. The company's investment in technology and data analytics also plays a crucial role in optimizing operations and attracting more clients, ultimately driving profitability.
Anywhere Real Estate ate Earnings Call Summary
Earnings Call Date:Nov 04, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Feb 12, 2026
Earnings Call Sentiment Positive
The earnings call presented a generally positive outlook for Anywhere Real Estate, with strong revenue and EBITDA performance. Highlights such as significant growth in the luxury segment, strong momentum in July, and successful franchise expansion outweighed the lowlights of geographic performance challenges and increased employee benefit costs. The company's focus on AI-driven innovation is also a key positive factor for future growth.Q2-2025 Updates
Positive Updates
Revenue and Operating EBITDA Achievement
Anywhere Real Estate reported $1.7 billion in revenue and $133 million in operating EBITDA for Q2 2025, demonstrating resilience and strength in their business model.
Luxury Segment Growth
The luxury segment, anchored by Sotheby's International Realty, Corcoran, and Coldwell Banker Global Luxury, delivered 3.5% year-over-year volume growth in Q2 and about 8% growth in the first half. Sales of homes priced $10 million or higher increased by 20%.
Strong July Momentum
July closed transaction volume increased by mid-single digits year-over-year, with open volume up 9%. The luxury open volume for July also showed strong growth, with Sotheby's up 13% and Corcoran up about 20%.
Successful Franchise Expansion
Anywhere's franchise business welcomed 13 new U.S. franchisees and 3 international expansions, strategically growing in key markets such as California, North Carolina, and Georgia.
AI-Driven Innovation
Anywhere is leveraging generative AI to enhance operational efficiency, improve margins, and provide better experiences. This includes initiatives in brokerage transaction processing and consumer interaction enhancements.
Negative Updates
Geographic Variation in Market Performance
Significant geographic performance variation was noted, with New York City outperforming with double-digit growth, while Florida faced a challenging quarter with volume down double digits.
Employee Benefit Cost Increases
Q2 operating EBITDA was negatively impacted by higher employee benefit costs, which is a trend that could potentially continue into 2026.
Flat Closed Transaction Volume
Closed transaction volume was flat year-over-year in Q2 2025, although the company saw improvement in June and July.
Company Guidance
During the Anywhere Real Estate Second Quarter 2025 Earnings Conference Call, guidance regarding several financial metrics and strategic initiatives was provided. The company reported $1.7 billion in revenue and $133 million in operating EBITDA, with closed transaction volume remaining flat year-over-year. July's closed transaction volume saw a mid-single-digit increase, driven equally by unit and price growth, while open volume rose by 9%. The luxury segment experienced a 3.5% volume growth in Q2, with Sotheby's International Realty and Corcoran seeing July open volumes rise by 13% and 20%, respectively. The call highlighted a strategic focus on leveraging AI to enhance operational efficiency and growth, with initiatives like integrating mortgage and title services into buyer agreements, which showed a 2.5 percentage point increase in mortgage capture. The company also reiterated its full-year 2025 guidance of approximately $350 million in operating EBITDA and $70 million in free cash flow, excluding onetime charges. Key factors influencing these projections include macroeconomic conditions and the housing market's inherent volatility.Anywhere Real Estate ate Financial Statement Overview
Summary
Anywhere Real Estate exhibits a challenging financial position with high leverage, negative profitability, and weak cash flow metrics. While there are some improvements in margins and revenue growth, the company's financial health is strained by ongoing losses and high debt levels. Strategic improvements in cost management and debt reduction are necessary to enhance financial stability.Income Statement
The company shows a mixed performance in its income statement. The TTM gross profit margin is strong at 57.6%, indicating efficient cost management. However, the net profit margin is negative, reflecting ongoing losses. Revenue growth is modest at 1.57% TTM, but historical data shows volatility with periods of decline. The EBIT and EBITDA margins have improved in the TTM period, but remain low, suggesting challenges in operational efficiency.45
Neutral
Balance Sheet
The balance sheet reveals a high debt-to-equity ratio of 1.93 TTM, indicating significant leverage and potential financial risk. Return on equity is negative, reflecting the company's inability to generate profit from shareholders' equity. The equity ratio is not provided, but the high leverage suggests limited equity relative to assets.40
Negative
Cash Flow
Cash flow analysis shows a concerning trend with negative free cash flow and a low operating cash flow to net income ratio. Free cash flow growth is positive TTM, but the overall cash flow position is weak, with negative free cash flow to net income ratio, indicating cash flow challenges in covering net losses.35
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.87B | 5.69B | 5.64B | 6.91B | 7.98B | 6.22B |
| Gross Profit | 3.39B | 1.97B | 1.97B | 2.49B | 3.23B | 2.69B |
| EBITDA | 1.36B | 262.00M | 188.00M | 476.00M | 871.00M | 594.00M |
| Net Income | -128.00M | -128.00M | -97.00M | -255.00M | 343.00M | -487.00M |
Balance Sheet | ||||||
| Total Assets | 5.74B | 5.64B | 5.84B | 6.38B | 7.21B | 6.93B |
| Cash, Cash Equivalents and Short-Term Investments | 139.00M | 118.00M | 106.00M | 214.00M | 735.00M | 520.00M |
| Total Debt | 2.93B | 3.06B | 3.11B | 3.50B | 3.61B | 3.87B |
| Total Liabilities | 4.22B | 4.07B | 4.16B | 4.62B | 5.02B | 5.17B |
| Stockholders Equity | 1.52B | 1.57B | 1.68B | 1.76B | 2.19B | 1.76B |
Cash Flow | ||||||
| Free Cash Flow | -41.00M | 26.00M | 115.00M | -201.00M | 542.00M | 653.00M |
| Operating Cash Flow | 52.00M | 104.00M | 187.00M | -92.00M | 643.00M | 748.00M |
| Investing Cash Flow | -79.00M | -77.00M | -59.00M | -55.00M | -147.00M | -90.00M |
| Financing Cash Flow | 67.00M | -21.00M | -227.00M | -376.00M | -275.00M | -402.00M |
Anywhere Real Estate ate Technical Analysis
Positive
11.42
Price Trends
9.16
Positive
6.90
Positive
5.22
Positive
Market Momentum
0.54
Negative
66.43
Neutral
86.20
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HOUS, the sentiment is Positive. The current price of 11.42 is above the 20-day moving average (MA) of 10.27, above the 50-day MA of 9.16, and above the 200-day MA of 5.22, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 66.43 is Neutral, neither overbought nor oversold. The STOCH value of 86.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HOUS.
Anywhere Real Estate ate Risk Analysis
Anywhere Real Estate ate disclosed 58 risk factors in its most recent earnings report. Anywhere Real Estate ate reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Anywhere Real Estate ate Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $788.70M | ― | -25.27% | ― | 65.60% | 69.72% | |
67 Neutral | $1.53B | ― | -12.78% | 2.06% | 3.55% | -36.05% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | $251.14M | 12.54 | 2.87% | ― | -6.06% | ― | |
58 Neutral | $1.30B | -9.78 | -8.15% | ― | 5.27% | 25.71% | |
53 Neutral | $1.15B | -92.57 | -1.99% | 1.71% | 17.89% | 65.32% | |
51 Neutral | $223.54M | ― | -41.11% | ― | 6.62% | 30.94% |
* Real Estate Sector Average
HOUS
Anywhere Real Estate ate
11.42
7.24
173.21%
MMI
Marcus & Millichap
29.27
-12.27
-29.54%
RMAX
Re/Max Holdings
7.53
-4.79
-38.88%
EXPI
eXp World Holdings
10.80
-2.94
-21.40%
REAX
Real Brokerage
3.67
-2.83
-43.54%
DOUG
Douglas Elliman Inc.
2.44
0.49
25.13%
Anywhere Real Estate ate Corporate Events
Anywhere Real Estate Reports Q3 2025 Results
Nov 5, 2025
Anywhere Real Estate Inc., a global leader in residential real estate services, offers integrated services including franchise, brokerage, relocation, and title and settlement businesses. The company is recognized for its well-known brands such as Better Homes and Gardens Real Estate, CENTURY 21, and Coldwell Banker.
Business Operations and StrategyM&A Transactions
Anywhere Real Estate and Compass Announce Merger Agreement
Positive
Sep 22, 2025
On September 22, 2025, Anywhere Real Estate Inc. and Compass, Inc. announced a definitive merger agreement to combine in an all-stock transaction. This merger will create a premier real estate platform with an enterprise value of approximately $10 billion. The merger is expected to diversify Compass’ revenue streams and broaden its international referral network, enhancing services for home buyers and sellers. The combined company aims to achieve significant operational synergies and improve its financial profile, with the transaction anticipated to close in the second half of 2026, pending regulatory approvals and shareholder votes.
The most recent analyst rating on (HOUS) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Anywhere Real Estate ate stock, see the HOUS Stock Forecast page.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.