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Better Home & Finance Holding Company (BETR)

Financial Services | Mortgage Finance | New York, United States | NasdaqGM
13.85 USD -0.74 (-5.072%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 13.85

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:16 a.m. EDT

The investment case for BETR is currently broken by a catastrophic failure in profitability and a collapsing share price. The company is burning cash aggressively, with operating cash flow of -$155 million and negative returns on both assets and equity. While revenue grew 28%, this growth is not translating into earnings; instead, the stock has erased over 96% of its value over the last four years. The recent appointment of an interim CEO highlights leadership instability, and the lack of any dividend history confirms the capital is being consumed by losses. The options market is screaming 'sell,' with traders buying deep out-of-the-money puts as insurance against further ruin. Despite analyst targets suggesting a rebound to $25, the fundamental reality of a bleeding business with a debt-to-equity ratio exceeding 1,100 makes any recovery highly uncertain. This is a value trap where the low price reflects a deteriorating franchise, not a bargain.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.308124
AutoETS0.311066
AutoARIMA0.311067
AutoTheta0.345612

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 29%
H-stat 41.68
Ljung-Box p 0.000
Jarque-Bera p 0.058
Excess Kurtosis -0.51
Attribute Value
Sector Financial Services
Debt to Equity Ratio 1143.434
Revenue per Share 11.676
Market Cap 263,130,336
Forward P/E -28.56
Beta 1.77
Profit Margins -93.21%
Website https://better.com

As of Aug. 22, 2026, 3:16 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive open interest in out-of-the-money puts relative to calls across all expirations. The put/call ratio is heavily skewed toward the downside, with significant concentration in strikes far below the current price (e.g., $45 puts), indicating a fear of a severe collapse rather than a speculative rally. Implied volatility is elevated on the downside strikes, suggesting the market prices in a high probability of further decline.


Info Dump

Attribute Value
52 Week Change -0.33651662
Address1 1 World Trade Center
Address2 80th Floor, Suite A 285 Fulton Street
All Time High 3,145.5
All Time Low 7.707
Ask 21.27
Ask Size 2
Audit Risk 9
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 859,690
Average Daily Volume3 Month 505,632
Average Volume 505,632
Average Volume10Days 859,690
Beta 1.767
Bid 12.81
Bid Size 2
Board Risk 9
Book Value 3.05
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.85
Current Ratio 0.539
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 15.23
Day Low 13.8
Debt To Equity 1,143.434
Display Name Better Home & Finance Holding
Earnings Call Timestamp End 1,786,392,000
Earnings Call Timestamp Start 1,786,392,000
Earnings Timestamp 1,786,365,000
Earnings Timestamp End 1,794,254,400
Earnings Timestamp Start 1,794,254,400
Ebitda Margins 0.0
Enterprise To Revenue 4.244
Enterprise Value 819,336,320
Eps Current Year -3.42
Eps Forward -0.485
Eps Trailing Twelve Months -9.72
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.1975
Fifty Day Average Change -7.3475
Fifty Day Average Change Percent -0.34662107
Fifty Two Week Change Percent -33.65166
Fifty Two Week High 94.06
Fifty Two Week High Change -80.21
Fifty Two Week High Change Percent -0.8527536
Fifty Two Week Low 11.111
Fifty Two Week Low Change 2.7390003
Fifty Two Week Low Change Percent 0.24651249
Fifty Two Week Range 11.111 - 94.06
Financial Currency USD
First Trade Date Milliseconds 1,619,789,400,000
Float Shares 8,505,854
Forward Eps -0.485
Forward P E -28.556702
Full Exchange Name NasdaqGM
Full Time Employees 1,329
Fullday Change -0.74
Fullday Change Percent -5.07197
Fullday Price 13.85
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 1.0
Gross Profits 193,058,000
Has Pre Post Market Data 1
Held Percent Insiders 0.37552
Held Percent Institutions 0.50622004
Implied Shares Outstanding 18,998,579
Industry Mortgage Finance
Industry Disp Mortgage Finance
Industry Key mortgage-finance
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,724,025,600
Last Split Factor 1:50
Long Business Summary Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, Federal Housing Administration insured loans, Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It offers real estate agent services, title insurance and settlement services, and homeowners insurance services. It also offers home equity lines of credit and closed-end second-lien loans. The company has a strategic collaboration with Coinbase Global, Inc. for the development of token-backed mortgage products. 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.
Long Name Better Home & Finance Holding Company
Market us_market
Market Cap 263,130,336
Market State CLOSED
Max Age 86,400
Message Board Id finmb_320523021
Most Recent Quarter 1,782,777,600
Net Income To Common -168,351,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 277,379,252
Number Of Analyst Opinions 6
Open 14.47
Operating Cashflow -155,100,000
Operating Margins -0.56856996
Overall Risk 10
Payout Ratio 0.0
Phone 415 523 8837
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 13.85
Post Market Time 1,787,959,806
Previous Close 14.59
Price Eps Current Year -4.0497074
Price Hint 2
Price To Book 4.5409837
Price To Sales Trailing12 Months 1.36296
Profit Margins -0.9321
Quick Ratio 0.508
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.71429
Region US
Regular Market Change -0.74
Regular Market Change Percent -5.07197
Regular Market Day High 15.23
Regular Market Day Low 13.8
Regular Market Day Range 13.8 - 15.23
Regular Market Open 14.47
Regular Market Previous Close 14.59
Regular Market Price 13.85
Regular Market Time 1,787,947,201
Regular Market Volume 531,612
Return On Assets -0.12137
Return On Equity -2.50422
Revenue Growth 0.282
Revenue Per Share 11.676
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 10
Shares Outstanding 13,243,928
Shares Percent Shares Out 0.15020001
Shares Short 2,853,416
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,406,901
Short Name Better Home & Finance Holding C
Short Percent Of Float 0.26549998
Short Ratio 4.68
Source Interval 15
State NY
Symbol BETR
Target High Price 35.0
Target Low Price 16.0
Target Mean Price 25.66667
Target Median Price 25.0
Total Cash 105,808,000
Total Cash Per Share 5.569
Total Debt 662,014,016
Total Revenue 193,058,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -9.72
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 32.02245
Two Hundred Day Average Change -18.17245
Two Hundred Day Average Change Percent -0.56749094
Type Disp Equity
Volume 531,612
Website https://better.com
Zip 10,007