Better Home & Finance (BETR) Stock Insights
BETR$21.54+0.74 +3.56%
$285.54M
Market Cap
-1.52
P/E
—
Forward P/E
58
Score
Better Home & Finance (BETR) Stock Insights
BETR price $21.54 +0.74 +3.56%
- Ticker
- BETR
- Price
- $21.54
- Change
- +0.74 +3.56%
- Market cap ?
- $285.54M
- P/E ?
- -1.52
- Dividend yield ?
- 0.00%
- Beta ?
- 1.75
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Stocklytics score
- 58
- Value
- 60
- Quality
- 20
- Growth
- 94
Stocklytics score rationale: value 60, quality 20, growth 94.
Financials
| 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 183915000 | 270811000 | 0 | 1311599000 | 395082000 | 88500000 | 120053000 | 191373000 |
Better Home & Finance Holding Company operates as a U.S.-based enterprise dedicated to various facets of homeownership. The company provides a comprehensive suite of mortgage products, including Government-Sponsored Enterprise (GSE) conforming loans, FHA-insured loans, VA-guaranteed loans, and jumbo loans. These lending solutions are offered to a diverse client base that encompasses GSEs, banks, insurance providers…
Fair value
BETR fair value $10.87. Price $21.54. Price is 98% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 69% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 48.10M. Growth 7.79%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.7). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 13.26M. Net debt 498.68M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-09 | — | -1.44 | — | 50.60M |
| 2026-08-06 | -1.12 | -1.07 | 54.70M | 52.82M |
| 2026-05-07 | -3.01 | -1.74 | 48.00M | 47.71M |
| 2026-03-13 | -2.52 | -2.01 | 44.31M | 40.71M |
| 2025-11-13 | -2.56 | -2.05 | 43.87M | 48.06M |
| 2025-08-07 | -1.99 | -2.27 | 44.14M | 48.84M |
| 2025-05-14 | -3.04 | — | 34.79M | — |
| 2025-03-18 | -2.51 | — | 47.24M | — |
| 2024-11-14 | -3.23 | — | 26.75M | — |
| 2024-08-13 | -2.00 | — | 28.42M | — |
| 2024-05-15 | -3.00 | — | 27.11M | — |
| 2024-03-28 | 0.20 | — | 11.39M | — |
| 2023-11-14 | -7.50 | — | 20.00M | — |
| 2023-08-04 | -0.09 | — | 33.13M | — |
| 2023-05-12 | -0.01 | — | 24.09M | — |
| 2022-12-31 | -0.36 | — | 8.81M | — |
| 2022-09-30 | -0.31 | — | 31.49M | — |
| 2022-06-30 | 0.00 | — | — | — |
| 2022-03-31 | -0.45 | — | 212.39M | — |
| 2021-12-31 | 0.10 | — | — | — |
| 2021-09-30 | -0.04 | — | — | — |
| 2017-11-07 | 0.07 | 0.09 | 94.86M | — |
| 2017-08-08 | 0.08 | 0.08 | 100.97M | — |
| 2017-05-09 | 0.06 | 0.06 | 87.22M | — |
| 2017-03-08 | 0.09 | 0.10 | 88.62M | — |
| 2016-11-14 | 0.12 | 0.15 | 67.98M | — |
| 2016-08-08 | 0.15 | 0.15 | 59.87M | — |
| 2016-05-02 | 0.13 | 0.14 | 54.34M | — |
| 2016-03-08 | 0.13 | 0.09 | 46.37M | — |
| 2015-11-05 | 0.12 | 0.11 | -2.68B | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-19 | Nicholas J. Calamari | Sell | 1.32K | $10.53 | 13.90K |
| 2026-10-19 | Tuffin Paula | Sell | 1.23K | $10.48 | 12.84K |
| 2026-10-08 | Advani Loveen | Sell | 9.17K | — | — |
| 2026-10-05 | Nicholas J. Calamari | Other | 0 | — | — |
| 2026-10-05 | Nicholas J. Calamari | Other | 102.50K | — | — |
| 2026-10-05 | Nicholas J. Calamari | Other | 50.00K | — | — |
| 2026-10-05 | GORDON WILLIAM B | Other | 0 | — | — |
| 2026-10-05 | GORDON WILLIAM B | Other | 15.00K | — | — |
| 2026-10-05 | Sarracino Steven | Other | 0 | — | — |
| 2026-10-05 | Sarracino Steven | Other | 1.22M | — | — |
| 2026-10-01 | Garg Vishal | Buy | 2.23K | — | — |
| 2026-10-01 | Garg Vishal | Sell | 1.24K | $11.19 | 13.83K |
| 2026-10-01 | Tuffin Paula | Buy | 2.23K | $11.19 | 25.00K |
| 2026-10-01 | Advani Loveen | Buy | 9.17K | — | — |
| 2026-10-01 | Advani Loveen | Sell | 2.51K | $11.19 | 28.13K |
| 2026-09-17 | Tuffin Paula | Sell | 3.11K | $12.36 | 38.41K |
| 2026-09-04 | FEIERSTEIN BARRY | Sell | 18.75K | — | — |
| 2026-09-04 | FEIERSTEIN BARRY | Buy | 18.75K | — | — |
| 2026-09-01 | Garg Vishal | Buy | 6.13K | — | — |
| 2026-09-01 | Garg Vishal | Sell | 3.39K | $12.23 | 41.47K |
| 2026-09-01 | Tuffin Paula | Buy | 6.13K | — | — |
| 2026-09-01 | Smith Chad M. | Sell | 10.00K | — | — |
| 2026-09-01 | Smith Chad M. | Buy | 10.00K | — | — |
| 2026-09-01 | Smith Chad M. | Buy | 11.24K | — | — |
| 2026-08-19 | Smith Chad M. | Sell | 3.31K | $12.85 | 42.51K |
| 2026-08-06 | Smith Chad M. | Sell | 5.00K | — | — |
| 2026-08-06 | Smith Chad M. | Buy | 5.00K | — | — |
| 2026-08-01 | Orn Jonsson Sigurgeir | Sell | 3.91K | — | — |
| 2026-08-01 | Orn Jonsson Sigurgeir | Buy | 3.91K | — | — |
| 2026-08-01 | Orn Jonsson Sigurgeir | Sell | 2.00K | $23.50 | 46.88K |
| 2026-07-27 | Lewis Daniel Seth | Other | 0 | — | — |
| 2026-07-20 | MENON BHASKAR | Buy | 10.11K | — | — |
| 2026-07-20 | Barse David Michael | Buy | 6.85K | — | — |
| 2026-07-20 | FRATER HUGH R | Buy | 6.85K | — | — |
| 2026-07-20 | Farello Michael J. | Buy | 6.09K | — | — |
| 2026-07-20 | Massenet Arnaud | Buy | 6.42K | — | — |
| 2026-07-20 | Narasimhan Prabhu | Buy | 5.44K | — | — |
| 2026-07-20 | Talwar Harit | Buy | 9.79K | — | — |
| 2026-07-01 | Advani Loveen | Sell | 9.17K | — | — |
| 2026-07-01 | Advani Loveen | Buy | 9.17K | — | — |
| 2026-07-01 | Advani Loveen | Sell | 2.51K | $30.19 | 75.78K |
| 2026-06-30 | Advani Loveen | Sell | 9.17K | — | — |
| 2026-06-30 | Advani Loveen | Buy | 9.17K | — | — |
| 2026-06-30 | Advani Loveen | Sell | 2.51K | $27.48 | 68.97K |
| 2026-06-11 | FRATER HUGH R | Buy | 5.15K | $24.34 | 125.35K |
| 2026-06-09 | Talwar Harit | Buy | 20.19K | — | — |
| 2026-06-09 | Talwar Harit | Sell | 20.19K | — | — |
| 2026-06-09 | Farello Michael J. | Buy | 11.33K | — | — |
| 2026-06-09 | Farello Michael J. | Sell | 11.33K | — | — |
| 2026-06-09 | Barse David Michael | Buy | 10.39K | — | — |
| 2026-06-09 | Barse David Michael | Sell | 10.39K | — | — |
| 2026-06-09 | MENON BHASKAR | Buy | 12.39K | — | — |
| 2026-06-09 | MENON BHASKAR | Sell | 12.39K | — | — |
| 2026-06-09 | Narasimhan Prabhu | Buy | 11.33K | — | — |
| 2026-06-09 | Narasimhan Prabhu | Sell | 11.33K | — | — |
| 2026-06-09 | Massenet Arnaud | Buy | 11.33K | — | — |
| 2026-06-09 | Massenet Arnaud | Sell | 11.33K | — | — |
| 2026-06-09 | FRATER HUGH R | Buy | 1.18K | — | — |
| 2026-06-09 | FRATER HUGH R | Sell | 1.18K | — | — |
| 2026-05-22 | Talwar Harit | Buy | 5.00K | $25.34 | 126.70K |
| 2026-05-21 | Garg Vishal | Buy | 15.60K | $24.89 | 388.33K |
| 2026-05-20 | Garg Vishal | Buy | 15.00K | $25.00 | 375.00K |
| 2026-05-20 | Garg Vishal | Buy | 600 | $24.99 | 14.99K |
| 2026-05-18 | Garg Vishal | Buy | 6.51K | $25.00 | 162.75K |
| 2026-05-18 | Garg Vishal | Buy | 1.26K | $24.99 | 31.41K |
| 2026-05-18 | Garg Vishal | Buy | 600 | $24.97 | 14.98K |
| 2026-05-18 | Garg Vishal | Buy | 3.90K | $24.74 | 96.49K |
| 2026-05-18 | Garg Vishal | Buy | 3.33K | $24.71 | 82.36K |
| 2026-05-12 | Advani Loveen | Buy | 400 | $30.55 | 12.22K |
| 2026-05-11 | Advani Loveen | Buy | 100 | $31.25 | 3.12K |
| 2026-05-08 | Talwar Harit | Buy | 3.00K | $30.43 | 91.29K |
| 2026-05-08 | Smith Chad M. | Sell | 1.37K | $29.81 | 40.73K |
| 2026-05-08 | Smith Chad M. | Sell | 971 | $30.51 | 29.63K |
| 2026-05-08 | Smith Chad M. | Sell | 118 | $31.38 | 3.70K |
| 2026-05-07 | Garg Vishal | Buy | 6.48K | $30.00 | 194.49K |
| 2026-05-07 | Garg Vishal | Buy | 100 | $29.95 | 3.00K |
| 2026-05-06 | Smith Chad M. | Buy | 5.00K | — | — |
| 2026-05-06 | Smith Chad M. | Sell | 2.54K | $42.69 | 108.65K |
| 2026-05-05 | Smith Chad M. | Sell | 5.00K | — | — |
| 2026-05-01 | Orn Jonsson Sigurgeir | Sell | 3.91K | — | — |
| 2026-05-01 | Orn Jonsson Sigurgeir | Buy | 3.91K | — | — |
| 2026-05-01 | Orn Jonsson Sigurgeir | Sell | 1.41K | $44.38 | 62.53K |
| 2026-05-01 | Talwar Harit | Sell | 3.09K | — | — |
| 2026-05-01 | Talwar Harit | Buy | 3.09K | — | — |
| 2026-04-10 | Framework Ventures IV L.P. | Buy | 54.38K | $32.96 | 1.79M |
| 2026-04-09 | Talwar Harit | Buy | 5.00K | $32.89 | 164.43K |
| 2026-04-08 | Garg Vishal | Buy | 10.00K | $35.05 | 350.52K |
| 2026-04-08 | Orn Jonsson Sigurgeir | Buy | 979 | $36.09 | 35.33K |
| 2026-04-08 | Orn Jonsson Sigurgeir | Buy | 21 | $36.05 | 757 |
| 2026-04-08 | Advani Loveen | Buy | 10 | $35.50 | 355 |
| 2026-04-08 | MENON BHASKAR | Buy | 590 | $34.13 | 20.14K |
| 2026-04-08 | Talwar Harit | Buy | 1.00K | $33.34 | 33.34K |
| 2026-04-02 | Orn Jonsson Sigurgeir | Sell | 1.41K | $32.90 | 46.36K |
| 2026-04-02 | Talwar Harit | Buy | 5.00K | $35.24 | 176.22K |
| 2026-03-31 | FRATER HUGH R | Buy | 1.18K | — | — |
| 2026-03-25 | Garg Vishal | Buy | 2.22K | $29.90 | 66.30K |
| 2026-03-24 | Garg Vishal | Buy | 2.90K | $30.06 | 87.17K |
| 2026-03-24 | Garg Vishal | Buy | 999 | $29.08 | 29.06K |
| 2026-03-24 | Garg Vishal | Buy | 6.70K | $28.37 | 190.14K |
| 2026-03-23 | FRATER HUGH R | Other | 0 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 99, holders +1 vs prior quarter. Ownership 37.65%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 685.83K | 199.74K | +41.09% | 18.86M |
| SOFTBANK GROUP CORP. | 628.55K | 0 | 0.00% | 17.29M |
| FRONTIER CAPITAL MANAGEMENT CO LLC | 625.60K | -168.34K | -21.20% | 17.20M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 578.96K | 0 | 0.00% | 15.92M |
| VANGUARD CAPITAL MANAGEMENT LLC | 495.75K | 108.42K | +27.99% | 13.63M |
| GOLDMAN SACHS GROUP INC | 337.98K | 48.29K | +16.67% | 9.29M |
| CITADEL ADVISORS LLC | 335.99K | 309.09K | +1149.03% | 9.24M |
| WHETSTONE CAPITAL ADVISORS, LLC | 253.99K | 253.99K | New | 6.98M |
| GEODE CAPITAL MANAGEMENT, LLC | 237.32K | 76.43K | +47.50% | 6.53M |
| BNP PARIBAS FINANCIAL MARKETS | 221.64K | 53.59K | +31.89% | 6.10M |
| DEETER INVESTMENTS LLP | 207.51K | 207.51K | New | 5.71M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 201.90K | 189.36K | +1509.79% | 5.55M |
| STATE STREET CORP | 180.53K | 57.15K | +46.32% | 4.96M |
| MORGAN STANLEY | 130.30K | -65.69K | -33.52% | 3.58M |
| UBS GROUP AG | 127.26K | -174.70K | -57.85% | 3.50M |
| GRATIA CAPITAL, LLC | 100.46K | -9.89K | -8.97% | 2.76M |
| CITADEL ADVISORS LLC | 95.90K | 69.00K | +256.51% | 2.64M |
| NORTHERN TRUST CORP | 75.19K | 27.91K | +59.02% | 2.07M |
| VANGUARD FIDUCIARY TRUST CO | 71.92K | 24.66K | +52.18% | 1.98M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 69.23K | -36.79K | -34.70% | 1.90M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 67.60K | 55.06K | +438.99% | 1.86M |
| HUDSON BAY CAPITAL MANAGEMENT LP | 61.98K | -118.54K | -65.66% | 1.70M |
| WALLEYE CAPITAL LLC | 58.34K | 50.98K | +692.70% | 1.60M |
| STOIC POINT CAPITAL MANAGEMENT LLC | 56.95K | 43.84K | +334.69% | 1.57M |
| DAIWA SECURITIES GROUP INC. | 55.20K | 0 | 0.00% | 1.52M |
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