Oppenheimer analyst Jason Helfstein maintains Compass (NYSE:COMP) with a Outperform and maintains $6 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/25/2024 | $3.00 → $3.75 | Underperform → Hold | Gordon Haskett |
| 2/21/2024 | $2.75 → $2.25 | Hold → Underperform | Gordon Haskett |
| 11/21/2023 | $2.70 | Hold | Deutsche Bank |
| 7/24/2023 | $5.50 | Buy | Needham |
| 7/24/2023 | $4.00 | Equal-Weight | Morgan Stanley |
| 7/19/2023 | Buy → Hold | Gordon Haskett | |
| 7/18/2023 | $5.00 | Buy | BTIG Research |
| 4/18/2023 | Buy | Gordon Haskett |
Gordon Haskett upgraded Compass from Underperform to Hold and set a new price target of $3.75 from $3.00 previously
Gordon Haskett downgraded Compass from Hold to Underperform and set a new price target of $2.25 from $2.75 previously
Deutsche Bank initiated coverage of Compass with a rating of Hold and set a new price target of $2.70
Mortgage rates are on a steady decline as investors have cemented expectations for upcoming reductions in the federal funds rate, yet mortgage demand continues to depict challenges among homebuyers. The Mortgage Bankers Association has reported Wednesday that the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) dropped by 5 basis points to 6.62% for the week ending July 19, 2024. This marks the lowest borrowing cost for home purchases since early February 2024. Despite the decline in mortgage rates, long-term Treasury yields remained stable last week. The 30-year Treasury yield has held steady between 4.20% and 4.25%
Existing home sales in the United States plunged 5.4% in June 2024 from the previous month, marking the steepest monthly drop since November 2022. This decline is attributed to heightened buyer apprehension, as the median sales price reached a record high for the second consecutive month. In June 2024, sales totaled 3.89 million units, a decrease from 4.11 million in May, according to data released Tuesday by the National Association of Realtors (NAR). Year-over-year, sales also fell by 5.4%. The median existing-home price for all housing types in June was $426,900, an all-time high and an increase of 4.1% from $410,100 a year ago. Total housing inventory at the end of June was 1.3
Oppenheimer analyst Jason Helfstein maintains Compass (NYSE:COMP) with a Outperform and maintains $6 price target.
10-Q - Compass, Inc. (0001563190) (Filer)
8-K - Compass, Inc. (0001563190) (Filer)
144 - Compass, Inc. (0001563190) (Subject)
DENVER, Nov. 12, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ:EVCM), a leading provider of SaaS solutions for service SMBs, announced today the hiring of Josh McCarter as the leader of its EverPro home and field services vertical, reporting to Company founder and CEO Eric Remer. Mr. McCarter brings 25 years of technology experience to EverCommerce, spanning ecommerce, vertical SaaS, consumer marketplaces and integrated Fintech. He joined EverCommerce from ShipMonk where he served as CEO enhancing the company's position as a top tier provider of multi-channel order fulfillment services and ecommerce management software. Prior to joining ShipMonk, he served as CEO of Mindbody, the lea
With expertise spanning the real estate transaction cycle, Bhonsle will play a key role in maximizing shareholder value and will report to Compass' Chief Financial Officer Kalani Reelitz NEW YORK, Oct. 9, 2024 /PRNewswire/ -- Compass, the largest residential real estate brokerage in the United States1, announces the appointment of Soham Bhonsle as the new Head of Investor Relations. Bhonsle brings over a decade of experience covering the housing sector on the sell-side and has a deep understanding of the entire real estate transaction cycle, from agent and seller engagement to post-sale services like title & escrow and mortgage. His industry knowledge and strategic insights will reinforce Co
NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its third quarter 2024 financial results will be released after market close on Wednesday, October 30, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT. Call details are as follows: The conference call will be accessible online via the Compass Investor Relations website, https://investors.compass.com.You can also register in advance to access
SC 13G/A - Compass, Inc. (0001563190) (Subject)
SC 13G/A - Compass, Inc. (0001563190) (Subject)
SC 13G - Compass, Inc. (0001563190) (Subject)
NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its third quarter 2024 financial results will be released after market close on Wednesday, October 30, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT. Call details are as follows: The conference call will be accessible online via the Compass Investor Relations website, https://investors.compass.com.You can also register in advance to access
NEW YORK, July 1, 2024 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its second quarter 2024 financial results will be released after market close on Wednesday, July 31, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT. Call details are as follows: The conference call will be accessible online via the Compass Investor Relations website, https://investors.compass.com.You can also register in advance to access t
NEW YORK, April 18, 2024 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its first quarter 2024 financial results will be released after market close on Wednesday, May 8, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT. Call details are as follows: The conference call will be accessible online via the Compass Investor Relations website, https://investors.compass.com. You can also register in advance to access t
DENVER, Nov. 12, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ:EVCM), a leading provider of SaaS solutions for service SMBs, announced today the hiring of Josh McCarter as the leader of its EverPro home and field services vertical, reporting to Company founder and CEO Eric Remer. Mr. McCarter brings 25 years of technology experience to EverCommerce, spanning ecommerce, vertical SaaS, consumer marketplaces and integrated Fintech. He joined EverCommerce from ShipMonk where he served as CEO enhancing the company's position as a top tier provider of multi-channel order fulfillment services and ecommerce management software. Prior to joining ShipMonk, he served as CEO of Mindbody, the lea
With expertise spanning the real estate transaction cycle, Bhonsle will play a key role in maximizing shareholder value and will report to Compass' Chief Financial Officer Kalani Reelitz NEW YORK, Oct. 9, 2024 /PRNewswire/ -- Compass, the largest residential real estate brokerage in the United States1, announces the appointment of Soham Bhonsle as the new Head of Investor Relations. Bhonsle brings over a decade of experience covering the housing sector on the sell-side and has a deep understanding of the entire real estate transaction cycle, from agent and seller engagement to post-sale services like title & escrow and mortgage. His industry knowledge and strategic insights will reinforce Co
Formerly Served as Chief Financial Officer and Chief Operating Officer at Cushman Wakefield Americas NEW YORK, Oct. 28, 2022 /PRNewswire/ -- Compass, Inc. (NYSE:COMP), a leading tech-enabled real estate brokerage, today announced the appointment of Kalani Reelitz as Chief Financial Officer of Compass, effective November 15, 2022. As CFO, he will be responsible for all aspects of the company's financial operations, including investor relations. He will be a key member of the executive management team and focus on building sustained profitability and free cash flow generation. R
4 - Compass, Inc. (0001563190) (Issuer)
4 - Compass, Inc. (0001563190) (Issuer)
4 - Compass, Inc. (0001563190) (Issuer)