Inventory valuation adjustment in the current period is calculated by adding back the inventory valuation adjustments recorded during the period on homes that remain in inventory at period end. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Understanding the fundamental principles of building solid financial models for Opendoor Technologies is extremely important. Opendoor Technologies reported an EPS of -$0.16 in its last earnings report, beating expectations of -$0.613. We include a reconciliation of these measures to the most directly comparable GAAP financial measure, which is net income (loss). As a result, the real-time prices displayed may have minor discrepancies when comparing the information with other sites offering real-time data, or with brokerage firms. Get all the relevant market information you need get it fast, on time, and accurately. Type a symbol or company name. The TipRanks Smart Score performance is based on backtested results. Opendoor Technologies Inc. provides digital platform for residential real estates. Opendoor Technologies Shares Outstanding - YCharts We do not give any assurance that we will achieve our expectations. The stock recouped some losses and was last trading down 2.1% at 13:02 ET. Track outages and protect against spam, fraud, and abuse, Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services, Deliver and measure the effectiveness of ads, Show personalized content, depending on your settings, Show personalized ads, depending on your settings. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP. There's $1.3 billion left until tough decisions must be made. This is also a company that relies on capital, both from its partners and its balance sheet, to execute on its business plan, Solomon said. These measures could differ substantially from similarly titled measures presented by other companies in our industry or companies in other industries. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Opendoor Technologies Inc (OPEN) Stock Price & News - Google Their opinions and views are solely their own. For the past eight years, we have been working on the rare opportunity to transform the $2.3 trillion housing industry. (4)Inventory valuation adjustmentCurrent Period is the inventory valuation adjustments recorded during the period presented associated with homes that remain in inventory at period end. Housing market data has investors looking unfavorably at the real estate marketplace. (7)Represents holding costs incurred in prior periods on homes sold in the period presented. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. Glenn Solomon, a board member at OpenDoor and a managing partner at GGV Capital, one of OpenDoor's early investors, said the company's goal had always been to go public due to its reliance on capital. The company, formed by a merger with venture investor Chamath Palihapitiya's Social Capital Hedosophia II, began trading at $31.47, up 6.7% from Social Capital's last close. Social Capital is a special purpose acquisition company (SPAC), which is a shell company that raises money through an IPO to buy a private company and take it public. Opendoor Announces First Quarter of 2022 Financial Results | Opendoor The composition of our holding costs is described in the footnotes to the reconciliation table below. Opendoor's operating losses have continued to pile up to start 2023. These forward-looking statements generally are identified by the words anticipate, believe, contemplate, continue, could, estimate, expect, forecast, future, intend, may, might, opportunity, plan, possible, potential, predict, project, should, strategy, strive, target, will, or would, the negative of these words or other similar terms or expressions. Stock Screener. To provide investors with additional information regarding the Companys financial results, this press release includes references to certain non-GAAP financial measures that are used by management. Or is there an opportunity to expand the business' product line in the future? The Company develops service model for real estate buying and selling on a mobile device. For more information regarding the non-GAAP financial measures discussed in this press release, please see Use of Non-GAAP Financial Measures below. Market Indexes. Enter your email to receive our newsletter. Please check your download folder. For example, these measures exclude the impact of certain costs required to be recorded under GAAP. Sohini Podder and Joshua Franklin for It helps to project a fair market value of Opendoor Stock properly, considering its historical, Today, most investors in Opendoor Technologies Stock are looking for. Free Barchart Webinars! Dec 21 (Reuters) - Shares of OpenDoor Technologies Inc OPEN.O, a home-selling platform backed by SoftBank Group 9984.T, surged at the start of trading in their Nasdaq debut on Monday only to reverse course and fall almost 11% in a weak broader market. Basic shares outstanding can be defined as the number of shares held by shareholders including insiders but not including a company's treasury shares. ", If the 14-Day Stochastic %K is less than 20 and the Overall Opinion is a Sell, the following displays: "The market is approaching oversold territory. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking, including statements regarding our financial condition, anticipated financial performance, business strategy and plans, market opportunity and expansion and objectives of management for future operations. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. (2)Inventory valuation adjustmentCurrent Period is the inventory valuation adjustments recorded during the period presented associated with homes that remain in inventory at period end. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. As the home resale business started to recover, OpenDoor looked for capital to fuel expansion and opted to go public by merging with Social Capital at a $4.8 billion valuation. (5)Inventory valuation adjustmentPrior Periods is the inventory valuation adjustments recorded in prior periods associated with homes that sold in the period presented. Note: The Cboe BZX Exchange currently accounts for approximately 11-12% of all U.S. equity trading each day. Opendoor Announces Fourth Quarter and Full Year 2021 Financial Results 1 Day OPEN 4.24% DJIA -0.15% S&P Mid Cap 400 -0.10% Real Estate/Construction -0.13% Overview News Opendoor Technologies Inc. Invest Like a Pro with Unique Data & Simplifed Tools, Opendoor Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4), Opendoor Announces First Quarter of 2023 Financial Results, Opendoor downgraded on inventory challenges at Wedbush, Opendoor Technologies downgraded to Neutral from Outperform at Wedbush, Opendoor cutting workforce another 22%, Reuters reports, Opendoor Technologies initiated with a Hold at Gordon Haskett, Opendoor to Report First Quarter 2023 Financial Results on May 4th, 2023, Opendoor Technologies says held less than 1% of total cash at SVB Financial, iShares Core S&P Total U.S. Stock Market ETF, Financial and accounting risks. Opendoor - Wikipedia . Valuation Ratios Financial Ratio History Enterprise Valuation Financial Position The company has a current ratio of 11.22, with a Debt / Equity ratio of 3.86. Reporting by Sohini Podder in Bengaluru and Joshua Franklin in Miami; Editing by Sriraj Kalluvila and Vinay Dwivedi. To provide investors with additional information regarding our margins and return on inventory acquired, we have included Adjusted Gross Profit, Contribution Profit and Contribution Profit After Interest, which are non-GAAP financial measures. Opendoor Technologies basic shares outstanding from 2019 to 2023. Live educational sessions using site features to explore today's markets. Social Capital is a special purpose acquisition company (SPAC) that raised $360 million in its debut in April at $10 per share. Opendoor Technologies Shares Outstanding 2019-2023 | OPEN. For becoming your best self by being part of something bigger. Volume is also updated but is the delayed consolidated Volume from the symbol's exchange. Based on the latest financial disclosure, Opendoor Technologies has 648.78, The Macroaxis Fundamental Analysis modules help investors analyze Opendoor Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. Create a list of the investments you want to track. Opendoor Technologies Basic Shares Outstanding 2019-2023 | OPEN Reuters->, Updates shares, adds market valuation, background. Beware of a trend reversal. The Other Contents business segment handles the website 'Gallery Japan', which operates Japanese traditional art crafts site. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Opendoor Technologies lowest stock price was $0.92 and its highest was $7.89 in the past 12 months. These items, which could materially affect the computation of forward-looking GAAP net income (loss), are inherently uncertain and depend on various factors, some of which are outside of the Companys control. Opendoor Technologies has 648,777,300 shares outstanding. The Barchart Technical Opinion rating is a 72% Buy with a Average short term outlook on maintaining the current direction. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Shares Outstanding: Common shares outstanding as reported by the company on the 10-Q or 10-K. For US and Canadian Stocks, the Overview page includes key statistics on the stock's fundamentals, with a link to see more. All quotes delayed a minimum of 15 minutes. For comparison purposes, find information on other symbols contained in the same sector. The Barchart Technical Opinion widget shows you today'soverally Barchart Opinion with general information on how to interpret the short and longer term signals. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. This section shows the Highs and Lows over the past 1, 3 and 12-Month periods. Personalized content and ads can also include more relevant results, recommendations, and tailored ads based on past activity from this browser, like previous Google searches. We view this metric as an important measure of business performance. Weak data from the housing market spelled trouble for this real estate technology stock. Opendoor currently operates in a growing number of markets across the U.S. Investors:Elise WangOpendoor investors@opendoor.com, Media:Sheila Tran / Charles StewartOpendoorpress@opendoor.com. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds. Opendoor Technologies reported an EPS of -$0.16 in its last earnings report, beating expectations of -$0.613. It operates through the following business divisions: Travel Content and Other Content. Among the largest hedge funds holding Opendoor Technologiess share is Slate Path Capital LP. Opendoor Technologies' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Opendoor Technologies Inc. provides digital platform for residential real estates. Younger workers know being remote has drawbacks, but they dont care. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Following the earnings report the stock price went up 32.593%. Opendoor Technologies Inc., formerly known as Social Capital Hedosophia II, is based in San Francisco, United States. Copyright 2023 MarketWatch, Inc. All rights reserved. SAN FRANCISCO, May 05, 2022 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading digital platform for residential real estate transactions, today reported financial results for its quarter ended March 31, 2022. Adjusted Gross Profit, Contribution Profit and Contribution Profit After Interest. Heres the pain trade Citi sees in U.S. stocks as S&P 500 exceeds its 2023 target, Trump lawyers met Monday with DOJ officials and special counsel Jack Smith. Opendoor is a leading digital platform for residential real estate. TheQuote Overviewpage gives you a snapshot view for a specific symbol. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Number of shares outstanding for Opendoor (OPEN) Number of shares outstanding as of May 2023 : 641,916,000 According to Opendoor's latest financial reports and stock price the company's current number of shares outstanding is 641,916,000.At the end of 2023 the company had 641,916,000 shares outstanding.The number of outstanding shares is usually impacted by stock plits and shares buy back. It also excludes non-recurring gain on lease termination and legal contingency accrual. We include a reconciliation of these measures to the most directly comparable GAAP financial measure, which is gross profit. Opendoor Technologies Inc., formerly known as Social Capital Hedosophia II, is based in San Francisco, United States. Quoteboard data fields include: A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart. Fundamental data provided by Zacks and Morningstar. Open Door Shares Outstanding: 31.01M for Feb. 3, 2023. Adjustments to reconcile net income (loss) to cash, cash equivalents, and restricted cash provided by (used in) operating activities: Change in fair value of equity securities, Net fair value adjustments and gain (loss) on sale of mortgage loans held for sale, Origination of mortgage loans held for sale, Proceeds from sale and principal collections of mortgage loans held for sale. We define Contribution Profit After Interest as Contribution Profit, minus interest expense under our non-recourse asset-backed senior debt facilities incurred on the homes sold during the period. Dontbet on a June swoon.Hereswhat the data show. An archived version of the webcast will be available from the same website after the call. Privacy Notice | (2)Represents amortization of acquisition-related intangible assets. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Shares Outstanding Chart. It also engages in the development and provision of online systems for the Internet and mobile phones; and planning & operation of software development and content delivery services. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. For the best MarketWatch.com experience, please update to a modern browser. Please contact us at contact@opendoor.com with any feedback or suggestions.
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