|Bid||15.48 x 0|
|Ask||15.55 x 0|
|Day's Range||15.40 - 15.62|
|52 Week Range||5.06 - 30.54|
|PE Ratio (TTM)||38.44|
|Earnings Date||Feb 14, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||17.16|
Home Capital Group Inc. debt investors who took a bet on the Canadian mortgage lender when its survival was in doubt are poised to reap the rewards of their gamble.
Marc Cohodes sued Canadian mortgage lender Home Capital Group Inc. for $3 million for allegedly misrepresenting the state of its business in 2015, leading him to close out short positions at a loss
Home Capital Group Inc, Canada's biggest alternative lender, said on Wednesday it had received a statement of claim from short seller Marc Cohodes, who is seeking C$4 million ($3.2 million) in damages. Home Capital said the claim is based on allegations of misrepresentation and oppressive conduct. The company looks forward to examining the conduct of Mr. Cohodes," Home Capital said in a statement.
TORONTO, Jan. 17, 2018 /CNW/ - Home Capital Group Inc. ("Home Capital" or the "Company") (HCG.TO) today announced it has received a statement of claim issued by Marc Cohodes, who opted out of a global settlement of the securities class action in 2017 with Home Capital. As described in the claim, Mr. Cohodes built a short position in Home Capital in 2014. Mr. Cohodes claims to have altered his investment strategy, covering at least some of his short position between March and June of 2015. The Company believes it has valid defences to these claims and fully intends to defend its conduct.
TORONTO , Jan. 16, 2018 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report financial results for the three and twelve months ended December 31, ...
LONDON, UK / ACCESSWIRE / January 10, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Banking industry: The Toronto-Dominion Bank, Royal Bank ...
Home Capital Group Inc (TSX:HCG), operating in the financial services industry based in Canada, saw a significant share price rise of over 20% in the past couple of months onRead More...
Robust, high-growth companies such as Guyana Goldfields are appealing to investors for many reasons. They bring about a strong upside to your portfolio, and less downside risk as opposed toRead More...
TORONTO , Dec. 18, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced that Victor DiRisio will be joining the Company as the new Chief ...
Home Capital Announces New Chief Information Officer and Other Executive Leadership Appointments
LONDON, UK / ACCESSWIRE / December 08, 2017 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Banking industry: Toronto-Dominion Bank, Royal Bank ...
Laurentian Bank of Canada fell the most in almost nine years after reporting it found customer misrepresentations on some mortgage loans it sold to another firm, echoing problems that almost sunk alternative-lender Home Capital Group Inc. earlier this year. Shares of the Montreal-based regional bank plunged 7.7 percent to C$56.11 at 4 p.m. in Toronto, reversing earlier gains that saw it reach an intraday high of C$62.92 after posting fourth-quarter earnings that beat analysts’ estimates. An audit “identified documentation issues and client misrepresentations" with some mortgages from its B2B Bank unit that were sold to a third-party firm, the lender said Tuesday in its annual report.
Investors with a long-term horizong may find it valuable to assess Home Capital Group Inc’s (TSX:HCG) earnings trend over time and against its industry benchmark as opposed to simply lookingRead More...
Canadian mortgage lender Home Capital Group Inc said on Tuesday that West Face Long Term Opportunities Global Master LP had sent it a draft statement alleging misrepresentation and claiming C$70 million ...
TORONTO , Nov. 28, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced it has received a draft statement of claim – not yet filed in court ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Home Capital Group, Inc. Here are 5 ETFs with the largest exposure to HCG-CA. Comparing the performance and risk of Home Capital Group, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Home Capital Group, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Home Capital Group, Inc. – Equitable Group Inc., Street Capital Group Inc. and Firm Capital Mortgage Investment Corporation (EQB-CA, SCB-CA and FC-CA) that have also reported for ... Read more (Read more...)
Investors seeking to increase their exposure to growth should consider companies such as Home Capital Group and Canadian Zinc. Analysts are generally optimistic about the future of these stocks, basedRead More...