0.29 (0.85%) 1d
He's naming the CEO to his Hall of Shame. The company fed Wall Street a lot of claptrap about how they understood the real estate market better than anyone. In 2019, he warned viewers about Zillow when he called it risky with some brutal speedbumps along the way. Now, they're trying to sell 7,000 homes to institutional investors for a reported $2.8 billion. So much for fix and flip. Zillow is now taking $569 million from write-offs as it winds down the business. Barton treated the street like suckers.

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They report Tuesday. The economics turned against them, so they've put the house-flipping business on pause. What they say Tuesday will be important, but more so will be Jay Powell's FOMC minutes on Wednesday.
Weakness in the U.S. housing market A report says that it's paused flipping homes, which makes him wonder if there's weakness in the housing market, which has been booming. Costs of labour and materials has been popping, which is also delaying the completion of new homes. Appliances have leap from 2 week to 8 weeks to find and install. Precarious. Housing can't keep costs down. That said, if interest rates stay low, the boom will continue in states with heavy housing demand. If. It's possible that housing demand and prices have gone up too far, too fast, but he's worried that the boom won't last.
He wouldn't buy this as interest rates rise and will pressure home-buying.
It's down 25% for the year, which he thinks is a decent buy with these low mortgage rates.
(A Top Pick Aug 28/19, Up 149%) Digital real estate database. Strong momentum. Price target of $88, and it's getting close.
An American online real estate company. They have an app for agents, clients, and one for home vendors and renovators. A great opportunity to buy down here. His price target is $65. Yield 0% (Analysts’ price target is $50.67)
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Zillow(Z-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Zillow is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Zillow(Z-Q) Frequently Asked Questions

What is Zillow stock symbol?

Zillow is a American stock, trading under the symbol Z-Q on the NASDAQ (Z). It is usually referred to as NASDAQ:Z or Z-Q

Is Zillow a buy or a sell?

In the last year, there was no coverage of Zillow published on Stockchase.

Is Zillow a good investment or a top pick?

Zillow was recommended as a Top Pick by on . Read the latest stock experts ratings for Zillow.

Why is Zillow stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Zillow worth watching?

0 stock analysts on Stockchase covered Zillow In the last year. It is a trending stock that is worth watching.

What is Zillow stock price?

On 2022-11-22, Zillow (Z-Q) stock closed at a price of $34.45.