Compass Stock News

EVERETT, Wash., Oct. 16, 2024 (GLOBE NEWSWIRE) -- As students returned to Options High School for the 2024-25 school year, they found an exciting new addition to their campus: the initial phase of a school-based health clinic, specifically designed to support their mental wellness – the first of its kind for Bellingham Public Schools.

NEW YORK , Oct. 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume 1 , 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.

Compass has analysts bullish ahead of the real estate brokerage firm's third quarter results on increasing share gains in the weaker housing market. Oppenheimer analysts upped their price target on Compass to $8 from $6 and awarded it an ‘Outperform' rating.

Microsoft, Snowflake, Palo Alto Networks, and MongoDB stock are all rated at Buy by Truist analyst Joel Fishbein.

Redfin (RDFN) stock price has gone parabolic since I wrote about it in August. It soared to a high of $14.5 on Friday, its highest level since August 2023 and 200% above its lowest level this year.

NEW YORK , Sept. 4, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate company in the United States by sales volume 1 , announces that its CEO & Founder Robert Reffkin will speak at the Zelman Housing Summit on Thursday, September 12, 2024, at the InterContinental Hotel in Boston.

Shares of Compass have rallied after the company's strong Q2 earnings print, bringing YTD gains to above 20% and beating the S&P 500. Importantly, Compass CEO Robert Reffkin also claimed that Compass is seeing minimal impact from real estate rule changes that are designed to bring agent fees down. The company gained major market share in Q2, up 50bps y/y to 5.13% of the U.S. real estate market.

Compass is now the nation's No. 1 real estate brokerage by sales volume.