Sidoti Csr Issues Optimistic Outlook for BETR Earnings

Better Home & Finance Holding Company (NASDAQ:BETR) – Equities researchers at Sidoti Csr lifted their Q3 2027 earnings estimates for Better Home & Finance in a report released on Monday, November 17th. Sidoti Csr analyst B. Mccarthy now expects that the company will post earnings per share of $1.31 for the quarter, up from their previous forecast of $1.28.

Better Home & Finance (NASDAQ:BETR) last issued its quarterly earnings results on Thursday, November 13th. The company reported ($2.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.05) by ($0.09).

Several other equities research analysts also recently weighed in on BETR. Northland Securities began coverage on Better Home & Finance in a report on Monday, October 6th. They issued a “market perform” rating for the company. Wall Street Zen lowered shares of Better Home & Finance from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Better Home & Finance in a research note on Wednesday, October 8th. Finally, Northland Capmk upgraded shares of Better Home & Finance to a “hold” rating in a research note on Monday, October 6th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Better Home & Finance has an average rating of “Reduce”.

Better Home & Finance Stock Performance

BETR stock traded up $1.90 on Thursday, hitting $50.49. 94,324 shares of the company’s stock were exchanged, compared to its average volume of 293,379. The firm has a 50 day moving average price of $57.96 and a two-hundred day moving average price of $29.99. Better Home & Finance has a 12-month low of $7.71 and a 12-month high of $94.06. The stock has a market cap of $775.00 million, a P/E ratio of -4.15 and a beta of 1.92.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BETR. Russell Investments Group Ltd. acquired a new stake in shares of Better Home & Finance during the 3rd quarter valued at about $31,000. Solstein Capital LLC grew its holdings in Better Home & Finance by 42.6% in the third quarter. Solstein Capital LLC now owns 2,214 shares of the company’s stock valued at $124,000 after purchasing an additional 661 shares during the period. CWM LLC acquired a new position in shares of Better Home & Finance during the 3rd quarter worth approximately $42,000. BNP Paribas Financial Markets lifted its position in shares of Better Home & Finance by 15.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,729 shares of the company’s stock valued at $378,000 after buying an additional 894 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in Better Home & Finance by 17.8% in the 3rd quarter. Rhumbline Advisers now owns 6,044 shares of the company’s stock valued at $339,000 after acquiring an additional 914 shares during the period. Institutional investors and hedge funds own 20.94% of the company’s stock.

Insider Activity

In other news, major shareholder Pbra, Llc sold 995,660 shares of Better Home & Finance stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $50.31, for a total transaction of $50,091,654.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO J. Calamari Nicholas sold 12,528 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $59.28, for a total transaction of $742,659.84. Following the sale, the chief accounting officer directly owned 11,341 shares in the company, valued at $672,294.48. This trade represents a 52.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,030,497 shares of company stock valued at $51,504,973. Insiders own 23.59% of the company’s stock.

About Better Home & Finance

Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner’s insurance services. The company was founded in 2014 and is headquartered in New York, NY.