BETR:NYE-Better Home & Finance Holding Company (USD)

COMMON STOCK | Mortgage Finance |

Last Closing

USD 17.45

Change

+1.02 (+6.21)%

Market Cap

USD 0.25B

Volume

0.07M

Analyst Target

USD 8.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It also offers real estate agent services, title insurance and settlement services, and homeowners insurance services. The company formerly known as Better Mortgage Corporation and changed its name to Better Home & Finance Holding Company in August 2023. Better Home & Finance Holding Company is headquartered in New York, New York. Address: 3 World Trade Center, New York, NY, United States, 10007

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Mortgage Finance

Symbol Name Price(Change) Market Cap
RKT Rocket Companies Inc

-0.25 (-1.21%)

USD 37.96B
UWMC UWM Holdings Corp

-0.02 (-0.22%)

USD 14.09B
PFSI PennyMac Finl Svcs Inc

-0.39 (-0.33%)

USD 5.69B
GHLD Guild Holdings Co

+0.14 (+0.84%)

USD 1.01B
LDI Loandepot Inc

-0.19 (-5.96%)

USD 0.94B
VEL Velocity Financial Llc

+0.12 (+0.61%)

USD 0.65B
ONIT Onity Group Inc.

-0.14 (-0.48%)

USD 0.22B
CNF CNFinance Holdings Ltd

N/A

USD 0.07B
IOR Income Opportunity Realty Inve..

N/A

USD 0.07B
AAMC Altisource Asset Management Co..

N/A

USD 3.19M

ETFs Containing BETR

N/A

Market Performance

  Market Performance vs. Industry/Classification (Mortgage Finance) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -57.28% 17% F 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -57.28% 17% F 2% F
Trailing 12 Months  
Capital Gain -44.07% 25% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -44.07% 25% F 4% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.28% 33% F 30% F
Dividend Return -1.28% 27% F 18% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 7.73% 93% A 83% B
Risk Adjusted Return -16.49% 20% F 15% F
Market Capitalization 0.25B 45% F 38% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector