Michael Burnett - Offerpad Solutions Chief Officer

OPAD Stock  USD 3.86  0.21  5.75%   

Insider

Michael Burnett is Chief Officer of Offerpad Solutions
Age 56
Address 2150 E. Germann Road, Chandler, AZ, United States, 85286
Phone844 388 4539
Webhttps://www.offerpad.com

Michael Burnett Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Burnett against Offerpad Solutions stock is an integral part of due diligence when investing in Offerpad Solutions. Michael Burnett insider activity provides valuable insight into whether Offerpad Solutions is net buyers or sellers over its current business cycle. Note, Offerpad Solutions insiders must abide by specific rules, including filing SEC forms every time they buy or sell Offerpad Solutions'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Offerpad Solutions Management Efficiency

The company has return on total asset (ROA) of (0.0717) % which means that it has lost $0.0717 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.67) %, meaning that it created substantial loss on money invested by shareholders. Offerpad Solutions' management efficiency ratios could be used to measure how well Offerpad Solutions manages its routine affairs as well as how well it operates its assets and liabilities. As of November 11, 2024, Return On Tangible Assets is expected to decline to -0.32. In addition to that, Return On Capital Employed is expected to decline to -1.04. At present, Offerpad Solutions' Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 10.1 M, whereas Other Assets are forecasted to decline to 0.95.
Offerpad Solutions currently holds 260.91 M in liabilities with Debt to Equity (D/E) ratio of 3.6, implying the company greatly relies on financing operations through barrowing. Offerpad Solutions has a current ratio of 1.23, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Offerpad Solutions' use of debt, we should always consider it together with its cash and equity.

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Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona. Offerpad Solutions operates under Real Estate Services classification in the United States and is traded on New York Stock Exchange. It employs 1000 people. Offerpad Solutions (OPAD) is traded on New York Stock Exchange in USA. It is located in 2150 E. Germann Road, Chandler, AZ, United States, 85286 and employs 350 people. Offerpad Solutions is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Offerpad Solutions Leadership Team

Elected by the shareholders, the Offerpad Solutions' board of directors comprises two types of representatives: Offerpad Solutions inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Offerpad. The board's role is to monitor Offerpad Solutions' management team and ensure that shareholders' interests are well served. Offerpad Solutions' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Offerpad Solutions' outside directors are responsible for providing unbiased perspectives on the board's policies.
Vaughn Bair, Chief Officer
Stefanie Layton, Director Relations
James Grout, Senior Relations
Stephen Johnson, Chief Officer
Hiten Patel, Controller VP
Michael Burnett, Chief Officer
Benjamin Aronovitch, Chief Secretary
Lisa Hickie, Facilities Operations
Brian Bair, Chairman Founder
Dan Mayes, Chief Operations
Amir Ghaswala, Chief Officer
Darrin Shamo, Chief Officer
Jaidip Singh, Chief Officer
David Connelly, Chief Officer
Peter Knag, Chief Officer
Heather Bailey, Chief Officer

Offerpad Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Offerpad Solutions a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Offerpad Solutions is a strong investment it is important to analyze Offerpad Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Offerpad Solutions' future performance. For an informed investment choice regarding Offerpad Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Offerpad Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Offerpad Stock refer to our How to Trade Offerpad Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Offerpad Solutions. If investors know Offerpad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Offerpad Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.18)
Revenue Per Share
35.993
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.07)
Return On Equity
(0.67)
The market value of Offerpad Solutions is measured differently than its book value, which is the value of Offerpad that is recorded on the company's balance sheet. Investors also form their own opinion of Offerpad Solutions' value that differs from its market value or its book value, called intrinsic value, which is Offerpad Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Offerpad Solutions' market value can be influenced by many factors that don't directly affect Offerpad Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Offerpad Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Offerpad Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Offerpad Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.