Fathom (FTHM)
Market Price (5/30/2026): $0.5731 | Market Cap: $18.5 MilSector: Real Estate | Industry: Real Estate Operating Companies
Fathom (FTHM)
Market Price (5/30/2026): $0.5731Market Cap: $18.5 MilSector: Real EstateIndustry: Real Estate Operating Companies
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -38% Megatrend and thematic driversMegatrends include Advanced Manufacturing. Themes include Additive Manufacturing Services, Rapid Prototyping, and On-Demand Production. | Weak multi-year price returns2Y Excs Rtn is -110%, 3Y Excs Rtn is -174% | Penny stockMkt Price is 0.6 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.2% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 108% Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.2% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.9%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.6% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -115% High stock price volatilityVol 12M is 120% Key risksFTHM key risks include [1] significant cash constraints amid rising liabilities and [2] a persistent inability to achieve profitability. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -38% |
| Megatrend and thematic driversMegatrends include Advanced Manufacturing. Themes include Additive Manufacturing Services, Rapid Prototyping, and On-Demand Production. |
| Weak multi-year price returns2Y Excs Rtn is -110%, 3Y Excs Rtn is -174% |
| Penny stockMkt Price is 0.6 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.2% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 108% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.2% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.9%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.6% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -115% |
| High stock price volatilityVol 12M is 120% |
| Key risksFTHM key risks include [1] significant cash constraints amid rising liabilities and [2] a persistent inability to achieve profitability. |
Qualitative Assessment
AI Analysis | Feedback
Fathom (FTHM) stock has lost about 45% since 1/31/2026 because of the following key factors:
1. Disappointing Q4 2025 Earnings and Missed Revenue Targets.
Fathom (FTHM) reported a significant earnings miss for Q4 2025 on March 30, 2026, with an Earnings Per Share (EPS) of -$0.21 against analyst estimates of -$0.12, representing a 75% miss. Additionally, the company's Q4 2025 revenue of $90.6 million fell short of the $97.55 million estimate, marking a 1.2% year-over-year decline. This negative financial performance led to a 15.49% stock decline following the announcement.
2. Declining Agent Productivity and Transaction Volume.
The company experienced a notable decrease in core operational metrics, with agent productivity dropping by 18% year-over-year. Concurrently, transaction volume declined approximately 10.4%, which contributed to a 7.5% reduction in revenue and a decrease in gross margins by around 70 basis points. These trends indicate challenges in Fathom's ability to grow its brokerage business and maintain profitability.
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Stock Movement Drivers
Fundamental Drivers
The -46.2% change in FTHM stock from 1/31/2026 to 5/29/2026 was primarily driven by a -41.2% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.06 | 0.57 | -46.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 422 | 420 | -0.3% |
| P/S Multiple | 0.1 | 0.0 | -41.2% |
| Shares Outstanding (Mil) | 30 | 32 | -8.3% |
| Cumulative Contribution | -46.2% |
Market Drivers
1/31/2026 to 5/29/2026| Return | Correlation | |
|---|---|---|
| FTHM | -46.2% | |
| Market (SPY) | 9.6% | 30.2% |
| Sector (XLRE) | 6.9% | -0.0% |
Fundamental Drivers
The -60.1% change in FTHM stock from 10/31/2025 to 5/29/2026 was primarily driven by a -56.6% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.43 | 0.57 | -60.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 390 | 420 | 7.8% |
| P/S Multiple | 0.1 | 0.0 | -56.6% |
| Shares Outstanding (Mil) | 27 | 32 | -14.8% |
| Cumulative Contribution | -60.1% |
Market Drivers
10/31/2025 to 5/29/2026| Return | Correlation | |
|---|---|---|
| FTHM | -60.1% | |
| Market (SPY) | 11.5% | 29.8% |
| Sector (XLRE) | 9.5% | 8.2% |
Fundamental Drivers
The -26.9% change in FTHM stock from 4/30/2025 to 5/29/2026 was primarily driven by a -33.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 4302025 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.78 | 0.57 | -26.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 335 | 420 | 25.4% |
| P/S Multiple | 0.1 | 0.0 | -13.0% |
| Shares Outstanding (Mil) | 22 | 32 | -33.0% |
| Cumulative Contribution | -26.9% |
Market Drivers
4/30/2025 to 5/29/2026| Return | Correlation | |
|---|---|---|
| FTHM | -26.9% | |
| Market (SPY) | 38.0% | 23.1% |
| Sector (XLRE) | 10.2% | 5.2% |
Fundamental Drivers
The -88.4% change in FTHM stock from 4/30/2023 to 5/29/2026 was primarily driven by a -76.7% change in the company's P/S Multiple.| (LTM values as of) | 4302023 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.90 | 0.57 | -88.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 413 | 420 | 1.8% |
| P/S Multiple | 0.2 | 0.0 | -76.7% |
| Shares Outstanding (Mil) | 16 | 32 | -50.9% |
| Cumulative Contribution | -88.4% |
Market Drivers
4/30/2023 to 5/29/2026| Return | Correlation | |
|---|---|---|
| FTHM | -88.4% | |
| Market (SPY) | 89.0% | 14.1% |
| Sector (XLRE) | 29.2% | 9.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FTHM Return | -43% | -79% | -16% | -57% | -34% | -42% | -98% |
| Peers Return | 83% | -64% | 48% | 31% | 33% | -29% | 18% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| FTHM Win Rate | 25% | 25% | 50% | 42% | 25% | 40% | |
| Peers Win Rate | 34% | 33% | 48% | 50% | 52% | 36% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| FTHM Max Drawdown | -68% | -81% | -73% | -66% | -65% | -62% | |
| Peers Max Drawdown | -68% | -69% | -51% | -42% | -35% | -48% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EXPI, REAX, COMP, DOUG, RKT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/29/2026 (YTD)
How Low Can It Go
| Event | FTHM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -41.0% | -18.8% |
| % Gain to Breakeven | 69.5% | 23.1% |
| Time to Breakeven | 28 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -32.0% | -6.7% |
| % Gain to Breakeven | 47.0% | 7.1% |
| Time to Breakeven | 35 days | 31 days |
In The Past
Fathom's stock fell -41.0% during the 2025 US Tariff Shock. Such a loss loss requires a 69.5% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | FTHM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -41.0% | -18.8% |
| % Gain to Breakeven | 69.5% | 23.1% |
| Time to Breakeven | 28 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -32.0% | -6.7% |
| % Gain to Breakeven | 47.0% | 7.1% |
| Time to Breakeven | 35 days | 31 days |
In The Past
Fathom's stock fell -41.0% during the 2025 US Tariff Shock. Such a loss loss requires a 69.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Fathom (FTHM)
AI Analysis | Feedback
1. Fathom is like eXp Realty (EXPI) for real estate agents, providing a cloud-based brokerage with integrated mortgage, title, and insurance services.
2. Fathom is like a Fidelity Investments or Charles Schwab for real estate, offering a digital platform that integrates all services like brokerage, mortgage, title, and insurance for a seamless transaction.
AI Analysis | Feedback
- Real Estate Brokerage Services: Facilitates the buying, selling, and leasing of residential properties.
- Mortgage Services: Provides residential loan origination and underwriting.
- Technology Platform (intelliAgent): Offers a Software as a Service (SaaS) platform with tools, CRM, and marketing for real estate agents and third parties.
- Title Services: Delivers title and closing services for real estate transactions.
- Insurance Services: Provides various insurance products, often integrated with real estate transactions.
AI Analysis | Feedback
```htmlFathom Holdings Inc. (FTHM) primarily sells its services to individuals rather than other companies. The company's major customer categories include:
- Buyers of Residential Properties: Individuals seeking to purchase homes or other residential real estate through Fathom's brokerage services.
- Sellers of Residential Properties: Individuals looking to sell their homes or other residential real estate, utilizing Fathom's agent network and platform.
- Individuals Seeking Residential Mortgages: Customers who require loan origination and underwriting services for residential property purchases, offered through Fathom's Mortgage segment.
AI Analysis | Feedback
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Marco Fregenal, Chief Executive Officer, Director
Marco Fregenal has been the CEO of Fathom Holdings, Inc. since 2023, bringing over a decade of leadership experience to the role. Prior to his appointment as CEO, he held several key positions within Fathom, including CFO (2012-2024), President (2018-2023), and COO (2012-2017). He joined Fathom's Board of Directors in 2019. Fregenal was instrumental in leading Fathom's IPO on NASDAQ in 2020, expanding the company's market presence, developing sustainable technologies, and overseeing acquisitions that helped Fathom become one of the top 10 largest real estate brokerages in the U.S. by transaction sides. Before joining Fathom, Fregenal served as the Chief Operating Officer and Chief Financial Officer of EvoApp Inc., a social media business intelligence provider. He also held the roles of CEO and CFO at Carpio Solutions, an information technology solutions company. He holds a Bachelor's in Economics from Rutgers University and an MBA in Operations Management from Monmouth University.
Joanne Zach, Chief Financial Officer
Joanne Zach was promoted to Chief Financial Officer of Fathom Holdings Inc. in November 2024. She previously served as Fathom's Senior Vice President of Finance since February 2021. Zach possesses over 25 years of accounting experience in both the public and private sectors. Her career began in public accounting as an auditor at Arthur Andersen, and she has since held senior leadership roles as an employee or consultant with various businesses, primarily in the life science and manufacturing industries. She holds a CPA license and a bachelor's degree in accounting from Fairfield University.
Joshua Harley, Founder and Chief Evangelist
Joshua Harley founded Fathom Realty in 2009 with the goal of transforming the real estate brokerage industry by empowering agents through a cloud-based platform and flat-fee commission structure. He initially served as CEO and later became Chairman of Fathom Holdings Inc., leading the company to go public in a 2020 initial public offering. In November 2023, Harley transitioned to the role of Founder and Chief Evangelist, focusing on agent growth, industry representation, and improving agent retention, referrals, and attach rates for Fathom's ancillary businesses. Prior to Fathom, Harley served in the U.S. Marine Corps from 1995 to 2003 as an Infantry Sergeant and a hand-to-hand combat instructor. He is a self-described serial entrepreneur who founded and led Home Central, an internet lead generation service in real estate (2007-2009), and Everdrive Solutions (2003-2005), which assisted automotive dealerships with internet sales strategies.
Lori Muller, President
Lori Muller brings more than two decades of leadership experience in residential real estate to her role as President of Fathom Holdings, Inc. Most recently, she served as President of the U.S. Organization at EXIT Realty Corp. International, where she was responsible for overseeing brokerage operations, agent growth, and strategic initiatives nationwide, managing over 25,000 agents. Throughout her career, Muller has been recognized for driving agent success, fostering strong company culture, and leading large-scale operational growth.
Jon Gwin, Chief Revenue Officer
Jon Gwin serves as the Chief Revenue Officer of Fathom Holdings, Inc. He has over 20 years of leadership experience across various sectors including securities, insurance, mortgage, and real estate industries. Gwin has held executive roles at notable companies such as American Financial Network, Wachovia Bank, Wells Fargo Bank, and Accredited Home Lenders. His leadership at American Financial Network resulted in over $13 billion in annual mortgage production. Gwin is also an experienced real estate broker and compliance expert, and he has developed industry-leading technology and training programs. He holds a degree in Business Administration from the University of San Diego and a Juris Doctorate from Concord Law School of Purdue Global.
AI Analysis | Feedback
The key risks to Fathom Holdings Inc. (FTHM) are primarily centered around the inherent volatility of the real estate market, intense competition for real estate agents, and reliance on its technology platform.
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Sensitivity to Real Estate Market Conditions: Fathom's core business in real estate brokerage and mortgage services is highly dependent on the overall health and activity of the real estate market. Fluctuations in interest rates, housing inventory, home prices, and broader economic conditions directly impact transaction volumes and consumer demand. A downturn in the real estate market, such as reduced home sales or declining property values, would significantly and negatively affect Fathom's revenue and profitability across all its segments.
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Intense Competition and Agent Retention: The real estate brokerage industry is highly competitive, with numerous traditional and technology-driven firms vying for both market share and real estate agents. Fathom's model relies heavily on attracting and retaining real estate agents to its platform. If Fathom is unable to offer a sufficiently compelling value proposition, competitive commission structures, or advanced technology and support, it could struggle to recruit new agents or retain existing ones, leading to a decrease in agent count and transaction volume.
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Reliance on Technology Platform: Fathom's "cloud-based" model and its proprietary intelliAgent platform are central to its operations and competitive differentiation. The company's ability to maintain, enhance, and secure this technology is critical. Risks include potential system outages, cybersecurity breaches, the inability to keep pace with technological advancements, or a failure to effectively integrate new features or services. Any significant disruption or loss of confidence in the intelliAgent platform could adversely impact agent productivity, data integrity, and Fathom's overall reputation and business operations.
AI Analysis | Feedback
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Fathom Holdings Inc. operates in several substantial addressable markets within the United States.
- Real Estate Brokerage: The U.S. real estate sales and brokerage market was estimated at $238.5 billion in 2024 and is projected to reach $240.0 billion in 2025.
- Mortgage Origination: The total single-family mortgage origination volume in the U.S. is expected to be $2.0 trillion in 2025 and is forecast to increase to $2.2 trillion in 2026.
- Technology (SaaS solutions and intelliAgent platform): The United States Real Estate PropTech Market is valued at approximately USD 25 billion. Another estimate places the U.S. Proptech market at USD 17.59 billion, growing at a compound annual growth rate (CAGR) of 13.6%.
- Title Services: The U.S. title insurance industry's revenue is estimated to be $17.1 billion in 2025.
- Insurance Services (Homeowners'): The U.S. homeowners insurance market size is projected to increase from USD 175.60 billion in 2025 to USD 184.59 billion in 2026. Another source indicates the market size of Homeowners' Insurance in the US is $175.1 billion in 2025.
AI Analysis | Feedback
Fathom Holdings Inc. (FTHM) is expected to drive future revenue growth over the next 2-3 years through several key strategies: * **Agent Growth (Organic and Acquisitions):** Fathom plans to continue expanding its agent network by attracting new talent with its competitive commission plans and integrated ancillary services. The company also aims for growth through agent referrals via its revenue share program and by acquiring smaller brokerages. * **Expansion and Increased Adoption of Ancillary Services:** Fathom anticipates significant revenue growth from its wholly-owned mortgage and title companies by increasing the "attach rate" of these services to real estate transactions. This includes strategic expansions in mortgage operations and title services into new states. * **Technology Platform Licensing:** A notable driver is the company's initiative to license its proprietary intelliAgent technology platform to third-party brokerages, creating a new revenue stream and leveraging its technological investments. * **Improving Real Estate Market Conditions:** While external, an anticipated recovery and improvement in the broader housing market, driven by factors like lower and more stable interest rates and an increase in home sales, is expected to provide a favorable environment for Fathom's growth. * **Strategic Partnerships and New Programs:** Fathom is focusing on strategic initiatives such as expanding programs like "Elevate," a concierge service designed to boost agent productivity, and forming other strategic partnerships to access new markets and referral channels. These efforts are expected to enhance transaction volume and further increase revenue per deal.AI Analysis | Feedback
Share Repurchases
- Fathom Holdings Inc. executed approximately $6.0 million in stock repurchases during 2022.
- As of September 30, 2023, the company had an authorization for approximately $4.0 million remaining for future share repurchases.
Share Issuance
- In September 2025, Fathom Holdings Inc. completed an underwritten public offering of 3.45 million shares of common stock at $2.00 per share, resulting in net proceeds of approximately $6.5 million.
- The company entered into a Sales Agreement on January 23, 2025, to potentially sell up to $10 million in common stock; however, this agreement was terminated on October 3, 2025, without any shares being sold under its terms.
- During the first nine months of 2022, Fathom issued common stock as part of the consideration for the acquisitions of iPro and Cornerstone.
Outbound Investments
- On November 4, 2024, Fathom Holdings acquired My Home Group, an Arizona-based brokerage, which is projected to contribute over $110 million in revenue for the full year 2025.
- In October 2025, the company acquired START Real Estate, a residential brokerage specializing in first-time homebuyers, anticipating approximately 400 transactions in 2025 from its 70 agents.
- In 2022, Fathom's subsidiary, Encompass Lending Group, acquired Cornerstone First Financial, and Fathom Realty acquired Utah-based iPro Realty Network.
Capital Expenditures
- In 2022, Fathom Holdings made approximately $4.1 million in investments directed towards technology and its businesses.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Fathom Earnings Notes | 12/16/2025 | |
| null | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.80 |
| Mkt Cap | 0.4 |
| Rev LTM | 2,080 |
| Op Inc LTM | -29 |
| FCF LTM | -23 |
| FCF 3Y Avg | -15 |
| CFO LTM | -21 |
| CFO 3Y Avg | -12 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 40.1% |
| Rev Chg 3Y Avg | 16.2% |
| Rev Chg Q | 31.5% |
| QoQ Delta Rev Chg LTM | 5.7% |
| Op Inc Chg LTM | -4.0% |
| Op Inc Chg 3Y Avg | 6.2% |
| Op Mgn LTM | -2.5% |
| Op Mgn 3Y Avg | -3.8% |
| QoQ Delta Op Mgn LTM | -0.6% |
| CFO/Rev LTM | -2.8% |
| CFO/Rev 3Y Avg | -2.0% |
| FCF/Rev LTM | -3.0% |
| FCF/Rev 3Y Avg | -2.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.4 |
| P/S | 0.2 |
| P/Op Inc | -22.5 |
| P/EBIT | -9.0 |
| P/E | 31.3 |
| P/CFO | -0.9 |
| Total Yield | 0.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -17.0% |
| D/E | 0.7 |
| Net D/E | 0.6 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -8.6% |
| 3M Rtn | -21.1% |
| 6M Rtn | -32.1% |
| 12M Rtn | -38.4% |
| 3Y Rtn | 37.4% |
| 1M Excs Rtn | -14.9% |
| 3M Excs Rtn | -31.2% |
| 6M Excs Rtn | -41.7% |
| 12M Excs Rtn | -67.7% |
| 3Y Excs Rtn | -31.6% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Real Estate Brokerage | 325 | 391 | 314 | ||
| Corporate and other services | 9 | 10 | 7 | ||
| Mortgage | 7 | 10 | 7 | ||
| Technology | 3 | 3 | 2 | ||
| Single Segment | 177 | 111 | |||
| Total | 345 | 413 | 330 | 177 | 111 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Real Estate Brokerage | 6 | 2 | 0 | ||
| Other non-cash items and transaction costs | -0 | -0 | -1 | ||
| Technology | -2 | -1 | -1 | ||
| Mortgage | -2 | -3 | -1 | ||
| Depreciation and amortization | -6 | -5 | -3 | ||
| Corporate and other services | -6 | -10 | -7 | ||
| Stock based compensation | -13 | -9 | -4 | ||
| Total | -23 | -27 | -16 |
Price Behavior
| Market Price | $0.57 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 07/31/2020 | |
| Distance from 52W High | -79.9% | |
| 50 Days | 200 Days | |
| DMA Price | $0.79 | $1.23 |
| DMA Trend | down | down |
| Distance from DMA | -27.5% | -53.7% |
| 3M | 1YR | |
| Volatility | 107.0% | 119.8% |
| Downside Capture | 393.39 | 293.61 |
| Upside Capture | 43.10 | 109.85 |
| Correlation (SPY) | 21.3% | 22.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.59 | 2.14 | 2.64 | 2.64 | 2.47 | 0.93 |
| Up Beta | 0.30 | 0.78 | 1.56 | 2.60 | 2.51 | 0.90 |
| Down Beta | -27.69 | 0.21 | 0.57 | 1.60 | 2.07 | 1.06 |
| Up Capture | 496% | 318% | 389% | 303% | 428% | 14% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 14 | 22 | 30 | 54 | 111 | 328 |
| Down Capture | 372% | 308% | 310% | 240% | 182% | 106% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 8 | 21 | 34 | 68 | 134 | 391 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FTHM | |
|---|---|---|---|---|
| FTHM | -44.1% | 119.4% | 0.04 | - |
| Sector ETF (XLRE) | 10.2% | 13.3% | 0.48 | 7.1% |
| Equity (SPY) | 30.3% | 11.8% | 1.94 | 22.3% |
| Gold (GLD) | 37.5% | 26.7% | 1.17 | 5.3% |
| Commodities (DBC) | 39.6% | 18.8% | 1.63 | 4.2% |
| Real Estate (VNQ) | 12.5% | 13.1% | 0.64 | 9.4% |
| Bitcoin (BTCUSD) | -31.8% | 41.6% | -0.81 | 13.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FTHM | |
|---|---|---|---|---|
| FTHM | -54.0% | 91.4% | -0.44 | - |
| Sector ETF (XLRE) | 4.2% | 19.0% | 0.12 | 17.5% |
| Equity (SPY) | 14.3% | 17.0% | 0.66 | 24.2% |
| Gold (GLD) | 18.8% | 18.0% | 0.85 | 3.7% |
| Commodities (DBC) | 10.2% | 19.4% | 0.41 | 8.8% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.08 | 19.3% |
| Bitcoin (BTCUSD) | 14.6% | 54.6% | 0.46 | 15.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FTHM | |
|---|---|---|---|---|
| FTHM | -23.9% | 92.0% | -0.10 | - |
| Sector ETF (XLRE) | 7.1% | 20.4% | 0.30 | 17.7% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 25.9% |
| Gold (GLD) | 13.3% | 16.0% | 0.69 | 4.3% |
| Commodities (DBC) | 7.3% | 17.9% | 0.33 | 9.0% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 19.5% |
| Bitcoin (BTCUSD) | 67.0% | 66.9% | 1.06 | 16.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 5/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/30/2026 | -11.6% | 16.7% | 63.3% |
| 11/12/2025 | -17.4% | -26.2% | -16.8% |
| 8/12/2025 | -9.7% | -12.5% | 97.2% |
| 5/13/2025 | 29.4% | 26.3% | 27.3% |
| 11/7/2024 | -12.2% | -22.3% | -16.0% |
| 8/12/2024 | -2.4% | -6.5% | 19.9% |
| 5/9/2024 | -2.7% | 11.0% | 28.1% |
| 3/14/2024 | -12.2% | -21.5% | -37.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 12 |
| # Negative | 13 | 13 | 10 |
| Median Positive | 5.6% | 14.1% | 25.5% |
| Median Negative | -10.3% | -14.1% | -21.5% |
| Max Positive | 29.4% | 31.0% | 97.2% |
| Max Negative | -17.4% | -26.6% | -37.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/30/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/28/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/19/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/09/2022 | 10-Q |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Harley, Joshua | Direct | Sell | 8292025 | 2.38 | 92,395 | 219,531 | 7,449,725 | Form | |
| 2 | Harley, Joshua | Direct | Sell | 7232025 | 1.49 | 1,100 | 1,640 | 4,812,651 | Form | |
| 3 | Harley, Joshua | Direct | Sell | 7232025 | 1.59 | 81,691 | 129,644 | 5,124,266 | Form | |
| 4 | Harley, Joshua | Direct | Sell | 7232025 | 1.46 | 50,717 | 73,844 | 4,820,222 | Form | |
| 5 | Harley, Joshua | Direct | Sell | 7182025 | 1.32 | 22,883 | 30,114 | 4,423,483 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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