Why Hemnet Group stock moves
Hemnet Group rose despite news of a CEO change.
Written after the close on ·
Why today
16,307 news analyzed todayHemnet Group rose despite news of a CEO change.
Over the same day the market fell slightly, so the stock moved against it.
Analyst cuts to profit forecasts came out in the last session, which likely weighed on sentiment.
Over the last five trading days the shares rose clearly, well ahead of the market.
Shares also remain well below last year's peak, but well above the low.
Today's move of +3.23% was 1.2 times a normal day's 2.8%. OMX Stockholm 30 moved −0.32% on the same day.
Hemnet Group +3.23%OMX Stockholm 30 −0.32%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for Hemnet Group.
Hemnet Group earned more than expected in 3 out of 8 reports.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 2 out of 7 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 74.60 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 0.90 SEK (January 28). For the current fiscal year, expected earnings per share changed from 4.57 SEK three months ago to 3.97 SEK now. 2026 estimate: 3.97 SEK. 2027 estimate: 5.18 SEK. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. October 22: Buy about 1.6 m SEK. August 11: Buy about 317 thousand SEK. June 9: Buy about 154 thousand SEK. May 29: Buy about 251 thousand SEK. May 28: Buy about 23 thousand SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed −48% and earnings per share +10%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 6.7 bn SEKRevenue 2025: 1.5 bn SEK
What the key figures say about Hemnet Group
The figures connect what Hemnet Group earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 2.93 SEK–5.48 SEK. Peers: Hello Group $0.97, Trump Media & Technology Group -$4.89, Reddit $4.90. 2026 estimate: 3.97 SEK (3.31 SEK–4.64 SEK). 2027 estimate: 5.18 SEK (3.29 SEK–6.89 SEK).
What the company sold during the year.
2022–2025: 889 m SEK–1.5 bn SEK. Peers: Hello Group 10.1 bn CNY, Trump Media & Technology Group $4.5M, Reddit $3.1B. 2026 estimate: 1.2 bn SEK (1.2 bn SEK–1.3 bn SEK). 2027 estimate: 1.4 bn SEK (1.1 bn SEK–1.8 bn SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 42.3%–45.4%. Peers: Hello Group 11.9%, Trump Media & Technology Group −4052.3%, Reddit 29.4%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 20.5%–48.6%. Peers: Hello Group 10.2%, Trump Media & Technology Group −78.9%, Reddit 32.0%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 31.6–69.6. Peers: Hello Group 4.7, Reddit 19.4. 2026 estimate: 18.8. 2027 estimate: 14.4.
What investors pay for each unit the company sells.
2022–2025: 10.62–23.19. Peers: Trump Media & Technology Group 245.84, Reddit 5.94. 2026 estimate: 5.36. 2027 estimate: 4.77.
Money paid to shareholders per share, summed by calendar year.
2022–2025: 0.55 SEK–1.70 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.4%–1.0%. Peers: Hello Group 0.0%, Trump Media & Technology Group 0.0%, Reddit 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 0.51–0.83. Peers: Hello Group -6.51, Reddit -3.25.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 8.66–25.72. Peers: Trump Media & Technology Group 1.08, Reddit 5.13.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 24.8–52.6.
Cash left after investments, divided by the number of shares.
2022–2025: 3.45 SEK–6.11 SEK. Peers: Hello Group 7.14 CNY, Trump Media & Technology Group $0.03, Reddit $6.20.
The percentage of assets financed by shareholders’ equity.
2022–2025: 51.1%–68.4%.
The dividend explained
A dividend is money paid to shareholders. Hemnet Group paid 0.95 SEK per share in the twelve months through November 5, 2026.
On the ex-dividend day, May 11, 2026, Hemnet Group traded without the right to the 0.95 SEK dividend. The price went from 113.50 SEK to 109.90 SEK; including the dividend, the day's change was −2.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2022: 0.55 SEK2023: 1.00 SEK2024: 1.20 SEK2025: 1.70 SEK2026 so far: 0.95 SEK
What to watch next, and why
From the ex-day, Hemnet Group trades without entitlement to the next dividend.
- The dividend explained
From the ex-day, Hemnet Group trades without entitlement to the next dividend.
- Earnings report
The earnings report shows how Hemnet Group's revenue and profit have changed.
Add to calendar
More about Hemnet Group
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Henrik Lönnevi, chairBuyabout 1.6 m SEK
- Peter Messner, CFOBuyabout 317 thousand SEK
- Sabina Charlotta Klint, senior executiveBuyabout 154 thousand SEK
- Jonas Gustafsson, CEOBuyabout 251 thousand SEK
- Lisa Farrar, senior executiveBuyabout 23 thousand SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Hemnet Group usually moved about 5.1%. On a normal day it moves 2.8%.
+10.76% Why? +5.14% +5.90% +1.22%
10,000 SEK in Hemnet Group bought on April 27, 2021 is worth 4,460 SEK today, with dividends reinvested.
The same amount in OMX Stockholm 30 with dividends would have become 16,900 SEK.
What would 10,000 SEK in Hemnet Group be worth today? →
What would 10,000 SEK in Hemnet Group be worth today?
4,460 SEK
with dividends reinvested, bought on April 27, 2021. The same amount in OMX Stockholm 30 with dividends would have become 16,900 SEK.
At worst it was worth 3,700 SEK (September 25, 2026).
The five biggest days of the journey
· +27.8% · the whole market rose 1.3% the same day · report day
· −16.8% · the whole market rose 1.1% the same day
· +16.0% · the whole market rose 0.8% the same day
· −14.5% · the whole market fell 2.9% the same day
· +14.4% · the whole market fell 0.5% the same day · report day
Earlier days
+1.02% market −0.11% Hemnet Group was roughly flat over the week, while the OMX Stockholm 30 index was also roughly flat. Read →
Hemnet Group was roughly flat over the week, while the OMX Stockholm 30 index was also roughly flat.
The week was dominated by the sudden departure of CEO Jonas Gustafsson on Wednesday 4 November, with Michael Hansen named interim CEO, which likely weighed on sentiment after a steep fall in the share price this year.
Analysts also cut profit forecasts after the report on Monday 2 November, and the stock fell clearly in the last session on Friday 6 November, moving more than the market.
Peers in the sector rose slightly, a median of about 0.2%, over the same days, so the CEO change looks like the main company-specific driver.
+4.51% market +0.83% Hemnet Group rose after its CEO change was announced. Read →
Hemnet Group rose after its CEO change was announced.
Hemnet Group moved more than the market, which rose clearly over the same day.
Over the last five trading days the stock rose slightly, while the market also rose slightly.
The next report is due Thursday 28 January 2027.
−5.55% market +0.48% Hemnet Group fell, moving against a rising market. Read →
Hemnet Group fell, moving against a rising market.
The stock fell slightly over the last five trading days, while OMX Stockholm 30 rose clearly.
No company news from the last session clearly explains the drop, so the cause is unclear.
Earlier, analysts cut or lowered price targets after the third-quarter results, and some downgraded the stock to hold.
+2.86% market −0.29% Hemnet Group rose, against a market that fell slightly. Read →
Hemnet Group rose, against a market that fell slightly.
The most likely reason is investors reacting to the strategic reset announced in the quarterly report.
−2.38% market +3.01% Hemnet Group fell slightly over the week, moving against a clearly rising market. Read →
Hemnet Group fell slightly over the week, moving against a clearly rising market.
Its shares were weighed down partly by the third-quarter report on 22 October, which showed net sales down about 18 per cent, though earnings came in roughly in line with expectations.
Several brokers then cut or moved their price targets, the share price they see as fair, in the days after the report, and the company launched free listings for real estate agents on 20 October, a strategy shift investors are still weighing.
The market and sector rose over the same days, so the weak week was mainly company-specific.
−2.97% market +1.57% Hemnet Group fell, moving against the market, which rose clearly. Read →
Hemnet Group fell, moving against the market, which rose clearly.
No company news from that session explains it.
Over the last five trading days the stock rose clearly, while OMX Stockholm 30 fell slightly.
Next, watch the full-year report due Thursday 28 January 2027.
−6.95% market +0.41% Hemnet Group fell sharply; Citigroup's target raise did not help. Read →
Hemnet Group fell sharply; Citigroup's target raise did not help.
Hemnet Group fell sharply in the last session, while the OMX Stockholm 30 index rose slightly, so it moved against the market.
Citigroup raised its price target, the share price it sees as fair, to 85 kronor but kept its neutral rating, which is a hold-type view.
Investors seem to have focused on the weak third-quarter numbers, with sales down about 18 percent and operating profit down 30 percent, plus the switch to free listings that may cut revenue further.
Over the last five trading days, the stock rose slightly while the market fell sharply.
+2.16% market −3.67% Hemnet Group rose slightly over the last five trading days, moving against a clearly falling OMX Stockholm 30. Read →
Hemnet Group rose slightly over the last five trading days, moving against a clearly falling OMX Stockholm 30.
Its third-quarter report showed net sales down almost 18 per cent, with operating profit also lower, yet the market reacted to the new strategy presented at the end of September.
Analysts were split: JP Morgan cut its price target, the share price it sees as fair, while Nordea and Citigroup raised theirs, and Pareto downgraded the stock to hold.
Chair Henrik Lönnevi bought shares for about 1.6 million SEK in late October.
+10.76% market −2.51% Hemnet rose very sharply after its Q3 report. Read →
Hemnet rose very sharply after its Q3 report.
Hemnet Group on Nasdaq Stockholm rose very sharply in the last session, moving against a falling OMX Stockholm 30 market.
Its third-quarter report came out that day, with earnings about in line with expectations, while sales fell about 18 percent.
Investors likely reacted to a strategic reset: a new compensation model for estate agents and annual savings of SEK 80–85 million.
Trading volume was about three times normal, showing heavy participation.
+5.08% market −0.89% Hemnet Group rose sharply, against a falling market. Read →
Hemnet Group rose sharply, against a falling market.
OMX Stockholm 30 fell clearly over the same day, so Hemnet moved against the market.
The likely reason is that Hemnet launched free property listings for estate agents that day.
This free listing format is the first step in a plan to gather the whole market's listings on one platform.
Over the last five trading days, the shares rose clearly, while the market fell slightly.
−5.60% market −0.89% Hemnet Group fell sharply, more than the market. Read →
Hemnet Group fell sharply, more than the market.
Hemnet Group fell after analysts cut their price targets, the share prices they see as fair.
Kepler Cheuvreux set a new lowest target and a neutral rating, which means it sees little upside.
Citi and ABG Sundal Collier also cut their targets earlier in the week, adding to the selling pressure.
Over the last five trading days the shares rose slightly while the wider Stockholm market was roughly flat.
+2.14% market +1.25% Hemnet Group rose slightly, likely on news that buyers expect higher borrowing costs, which weighs on housing demand. Read →
Hemnet Group rose slightly, likely on news that buyers expect higher borrowing costs, which weighs on housing demand.
Over the last five trading days the stock rose clearly, outpacing the OMX Stockholm 30 index, which rose slightly.
Analysts have been trimming price targets in recent days, which weighed on sentiment earlier in the week.
The next thing to watch is the third-quarter results, due Thursday 22 October.
+6.62% market +1.19% Hemnet Group rose clearly over the last five trading days, moving more than the broader OMX Stockholm 30 index, which rose only slightly. Read →
Hemnet Group rose clearly over the last five trading days, moving more than the broader OMX Stockholm 30 index, which rose only slightly.
The main news was a price-target cut from Citi, which lowered its target to SEK 75 and kept a neutral view, plus a further cut from DNB Carnegie, and some analysts still see upside from valuation after a recent selloff.
A rise despite these cuts suggests investors focused on the valuation reset and on the company's own signals rather than on the analysts' downgrades, though the exact trigger is not clearly named in the news.
The company's Q3 2026 report on 22 October is the next event to watch.
+5.69% market −0.62% Hemnet Group rose sharply, likely on a mix of analyst commentary and a rebound from recent selling, while the broader market fell slightly. Read →
Hemnet Group rose sharply, likely on a mix of analyst commentary and a rebound from recent selling, while the broader market fell slightly.
The main news that day was a notice that the company will present its third-quarter 2026 results on 22 October, which by itself does not explain a move.
Over the last five trading days the shares rose clearly, moving more than OMX Stockholm 30, so the last session's jump extended a stronger week.
Next to watch is the third-quarter report on 22 October.
Learn more · Why does a stock fall on the ex-dividend date? · Why do stocks go up and down?