HCG.TO - Home Capital Group Inc.

Toronto - Toronto Delayed Price. Currency in CAD
24.77
-0.12 (-0.48%)
At close: 4:00PM EDT
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Previous Close24.89
Open24.73
Bid24.75 x 0
Ask24.77 x 0
Day's Range24.71 - 25.27
52 Week Range12.48 - 25.45
Volume328,901
Avg. Volume270,120
Market Cap1.468B
Beta (3Y Monthly)1.74
PE Ratio (TTM)13.57
EPS (TTM)1.83
Earnings DateNov 5, 2019 - Nov 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-02-15
1y Target Est26.50
  • Thomson Reuters StreetEvents

    Edited Transcript of HCG.TO earnings conference call or presentation 7-Aug-19 12:00pm GMT

    Q2 2019 Home Capital Group Inc Earnings Call

  • Have Insiders Been Buying Home Capital Group Inc. (TSE:HCG) Shares?
    Simply Wall St.

    Have Insiders Been Buying Home Capital Group Inc. (TSE:HCG) Shares?

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • Business Wire

    Home Capital Reports Year-Over-Year Earnings Per Share Growth of 43% in Q2 2019

    Home Capital Group Inc. today reported financial results for the three and six months ended June 30, 2019. This press release should be read in conjunction with the Company’s 2019 Second Quarter Report including Financial Statements and Management’s Discussion and Analysis , which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedar.com.

  • Equitable, Home Capital Cash in on Tighter Canada Mortgage Rules
    Bloomberg

    Equitable, Home Capital Cash in on Tighter Canada Mortgage Rules

    (Bloomberg) -- Equitable Group Inc. and Home Capital Group Inc. are reaping a windfall from Canada’s tighter mortgage regulations.Shares of the alternative lenders are surging as homebuyers seek financing outside the big banks in the wake of new mortgage rules imposed last year and as home prices in big cities such as Toronto remain lofty.Equitable was up 16% to a record C$93.69 at 1:08 p.m. in Toronto after reporting earnings Tuesday that blew past analysts expectations. Home Capital, which was bailed out by Warren Buffett’s Berkshire Hathaway Inc. in 2017, climbed 7.5% to its highest in more than two years.The rules are making it difficult for some homebuyers to qualify at the big banks but they’re still good credits, said Equitable Chief Executive Officer Andrew Moor. The company controls about 35% of the alternative mortgage market in Canada and should see more business amid forecasts for lower interest rates and high levels of immigration, he said.“We certainly have seen our client portfolio quality improve over the last couple of years,” Moor said in an interview. “The general risk of a house-price correction gets reduced as these rules now get embedded in the system. It’s a structural permanent shift and we will continue to see higher credit quality than we’ve ever had.”Earnings SurpriseEquitable reported record earnings and a surge in principal retail loans outstanding of C$16.9 billion ($12.8 billion), up 23% from a year ago. Commercial loans outstanding rose 19% to C$7.9 billion. The company said it will increase its dividend at a rate of 20% to 25% per year over the next five years, up from a previous target of 10% per year.Home Capital is due to report on Aug. 7, with profit seen up about 7%, according to analysts surveyed by Bloomberg.Equitable also operates Equitable Bank, which offers high-interest savings accounts and guaranteed investment certificates at higher rates than the big banks.“People understand that Equitable challenges banks and we have really embraced the digital future as a bank online platform,” Moor said.While all the analysts covering the company have increased their price targets, the stock trades at only 7.6 times estimated forward earnings per share, versus 10 times for comparable companies, according to data compiled by Bloomberg.“We certainly see people interested in buying” the company, Moor said. “Our thinking is that we can keep growing, we are the ninth-largest bank in Canada, we’re growing faster than any of the other ones.”To contact the reporter on this story: Paula Sambo in Toronto at psambo@bloomberg.netTo contact the editors responsible for this story: Nikolaj Gammeltoft at ngammeltoft@bloomberg.net, Jacqueline Thorpe, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Some Home Capital Group (TSE:HCG) Shareholders Have Copped A Big 58% Share Price Drop
    Simply Wall St.

    Some Home Capital Group (TSE:HCG) Shareholders Have Copped A Big 58% Share Price Drop

    While it may not be enough for some shareholders, we think it is good to see the Home Capital Group Inc. (TSE:HCG...

  • Business Wire

    Home Capital to Report Second Quarter 2019 Financial Results

    Home Capital Group Inc. will report financial results for the three months and six months ending June 30, 2019 on Wednesday, August 7, 2019 before markets open.

  • GuruFocus.com

    3 Ted Weschler Stocks

    A look at the performance and selections of a Buffett hire

  • Thomson Reuters StreetEvents

    Edited Transcript of HCG.TO earnings conference call or presentation 8-May-19 12:00pm GMT

    Q1 2019 Home Capital Group Inc Earnings Call

  • Business Wire

    Home Capital Group Inc. and Lendified Holdings Inc. Announce Strategic Investment

    Home Capital Group Inc. and Lendified Holdings Inc. are pleased to announce the closing of a $3,000,000 strategic investment in Lendified by Home Capital.

  • Business Wire

    Home Trust Company Receives Lender of the Year Award

    Home Capital Group Inc. reported that its subsidiary, Home Trust Company, was awarded the “Lender of the Year Award: Bank” at the Mortgage Awards of Excellence ceremony held at the beginning of May this year.

  • Business Wire

    Home Capital Group Inc. Announces Annual Meeting Results

    Home Capital Group Inc. announced today the voting results from its Annual Meeting of Shareholders held Wednesday, May 15, 2019 in Toronto, Ontario.

  • Business Wire

    Home Trust Company Releases 2018 Public Accountability Statement

    Home Capital Group Inc. reported that the Public Accountability Statement for Home Trust Company , a subsidiary of Home Capital, is now available online at www.hometrust.ca/about/public-accountability/.

  • Business Wire

    Home Capital Group Inc. Annual Meeting of Shareholders - May 15, 2019

    Home Capital Group Inc. invites shareholders to attend its Annual Meeting of Shareholders on Wednesday, May 15, 2019 at 10:00 a.m. ET in Toronto, Ontario.

  • Business Wire

    Home Capital Reports Q1 2019 Results

    Home Capital Group Inc. today reported financial results for the three months ended March 31, 2019. This press release should be read in conjunction with the Company’s 2019 First Quarter Report including Financial Statements and Management’s Discussion and Analysis , which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedar.com.

  • Proxy Advisors Back Some Waterton Nominees at Hudbay; Glass Lewis Calls Company “Disingenuous”
    CorpGov.com

    Proxy Advisors Back Some Waterton Nominees at Hudbay; Glass Lewis Calls Company “Disingenuous”

    Glass Lewis Highlights Disingenuous Attack on Waterton Nominee Daniel Muñiz Quintanilla   By John Jannarone Leading proxy advisors Glass Lewis and ISS have issued support for multiple directors nominated by Waterton Global Resource Management in its proxy fight with mining company Hudbay Minerals, a strong sign the activist may win seats at the upcoming shareholder […]

  • Hudbay’s Secretive Change to Circular Raises Questions about Board Responsibility
    CorpGov.com

    Hudbay’s Secretive Change to Circular Raises Questions about Board Responsibility

    Canadian Mining Company Deleted Its Accusation that Activist Waterton "Seeded" Article with Bloomberg By John Jannarone When companies face criticism from an activist, it’s common for them to resort to aggressive tactics. But spreading potential mistruths is a dangerous game – with possible ramifications for a company’s board of directors. Consider the recent action taken […]

  • Should You Investigate Home Capital Group Inc. (TSE:HCG) At CA$16.41?
    Simply Wall St.

    Should You Investigate Home Capital Group Inc. (TSE:HCG) At CA$16.41?

    Home Capital Group Inc. (TSE:HCG), operating in the financial services industry based in Canada, received a lot of attention from a substantial price movement on the TSX over t...

  • Business Wire

    Home Capital Group to Report First Quarter 2019 Financial Results

    Home Capital Group Inc. will report financial results for the three months ended March 31, 2019 on Wednesday, May 8, 2019 before markets open.

  • Business Wire

    Home Capital Group Announces Executive Leadership Change

    Home Capital Group Inc. today announced that John Harry, Executive Vice President, Commercial Lending has left the Company.

  • Does Home Capital Group Inc. (TSE:HCG) Have A Particularly Volatile Share Price?
    Simply Wall St.

    Does Home Capital Group Inc. (TSE:HCG) Have A Particularly Volatile Share Price?

    Anyone researching Home Capital Group Inc. (TSE:HCG) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, andRead More...

  • Thomson Reuters StreetEvents

    Edited Transcript of HCG.TO earnings conference call or presentation 22-Feb-19 1:00pm GMT

    Q4 2018 Home Capital Group Inc Earnings Call

  • Business Wire

    Home Capital Announces Fourth Quarter and Full Year 2018 Results

    Home Capital Group Inc. today reported financial results for the three months and twelve months ended December 31, 2018. This press release should be read in conjunction with the Company’s 2018 Annual and Fourth Quarter Consolidated Financial Report including Financial Statements and Management’s Discussion and Analysis which are available on Home Capital’s website at www.homecapital.com and on SEDAR ...

  • Private Equity Mines for an Activist Solution at Hudbay Minerals
    CorpGov.com

    Private Equity Mines for an Activist Solution at Hudbay Minerals

    Waterton Global Resource Management Wants to Replace 80% of Hudbay Directors   By John Jannarone Hudbay Minerals has suffered a rough stock performance in recent years. Could some new resources help shore the mining company up? The Toronto-based firm has expanded from a key mining asset in Manitoba several years ago to a sprawling global […]

  • Business Wire

    Home Capital Group to Report Fourth Quarter and Full Year 2018 Financial Results

    Home Capital Group Inc. will report financial results for the three months and twelve months ended December 31, 2018 on Friday, February 22, 2019, before markets open.