Home Point Capital (HMPT) Stock Price, News & Analysis

Company Overview

Home Point Capital Inc., together with its subsidiaries, operates as a residential mortgage originator and service provider. It operates through two segments, Origination and Servicing. The Origination segment sources loans through direct and wholesale. The Servicing segment offers collecting loan payments, remitting payments to investors, sending monthly statements, managing escrow accounts, servicing delinquent loan work-outs, and managing and disposing of foreclosed properties. The company was incorporated in 2014 and is headquartered in Ann Arbor, Michigan. As of July 31, 2023, Home Point Capital Inc. operates as a subsidiary of Mr. Cooper Group Inc.

Key Stats

• Today's Range: $2.32 to $2.32
• 50-Day Range: $2.31 to $2.32
• 52-Week Range: $0.99 to $3.94
• Volume: N/A
• Average Volume: 94,362 shs
• Market Capitalization: $321.25 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Home Point Capital Stock Analysis - MarketRank™

Home Point Capital scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Home Point Capital.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Home Point Capital are expected to grow in the coming year, from ($0.32) to $0.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Home Point Capital is -1.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Home Point Capital is -1.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Home Point Capital has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HMPT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Home Point Capital does not currently pay a dividend.

Dividend Growth

Home Point Capital does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -1.73

Short Interest

There is no current short interest data available for HMPT.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Home Point Capital this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Home Point Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.10% of the stock of Home Point Capital is held by insiders.

Percentage Held by Institutions

93.73% of the stock of Home Point Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HMPT Stock Analysis - Frequently Asked Questions

How were Home Point Capital's earnings last quarter?

Home Point Capital Inc. (NASDAQ:HMPT) announced its quarterly earnings results on Thursday, November, 4th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.05 by $0.06. The business had revenue of $274.60 million for the quarter, compared to analyst estimates of $182.78 million. Home Point Capital had a negative trailing twelve-month return on equity of 29.08% and a negative net margin of 63.98%.

When did Home Point Capital IPO?

Home Point Capital (HMPT) raised $250 million in an initial public offering (IPO) on Friday, January 29th 2021. The company issued 12,500,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Wells Fargo Securities, Morgan Stanley, UBS Investment Bank, Credit Suisse, J.P. Morgan and BofA Securities acted as the underwriters for the IPO and JMP Securities, Piper Sandler, R. Seelaus & Co., SPC Capital Markets, Wedbush Securities and Zelman Partners were co-managers.

What other stocks do shareholders of Home Point Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Home Point Capital investors own include Ford Motor (F), Pfizer (PFE), Meta Platforms (META), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), PayPal (PYPL) and Tesla (TSLA).

Company Calendar

• Last Earnings: 11/04/2021
• Today: 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: N/A
• Current Symbol: NASDAQ:HMPT
• CUSIP: N/A
• CIK: 1830197
• Web: www.homepointfinancial.com
• Phone: 888-616-6866
• Fax: N/A
• Employees: 830
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-163,450,000.00
• Net Margins: -63.98%
• Pretax Margin: -70.05%
• Return on Equity: -29.08%
• Return on Assets: -6.07%

Debt

• Debt-to-Equity Ratio: 2.77
• Current Ratio: 4.53
• Quick Ratio: 4.53

Sales & Book Value

• Annual Sales: $255.60 million
• Price / Sales: 1.26
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.36 per share
• Price / Book: 0.53

Miscellaneous

• Outstanding Shares: 138,470,000
• Free Float: 135,563,000
• Market Cap: $321.25 million
• Optionable: Not Optionable
• Beta: 1.47