HCG.TO - Home Capital Group Inc.

Toronto - Toronto Delayed Price. Currency in CAD
16.99
+0.04 (+0.24%)
At close: 4:00PM EST
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Previous Close16.95
Open17.58
Bid16.88 x 0
Ask17.02 x 0
Day's Range16.44 - 17.63
52 Week Range12.48 - 17.92
Volume886,067
Avg. Volume356,611
Market Cap1.046B
Beta (3Y Monthly)1.22
PE Ratio (TTM)10.72
EPS (TTM)1.59
Earnings DateFeb 12, 2019 - Feb 18, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-02-15
1y Target Est18.57
  • Thomson Reuters StreetEvents12 hours ago

    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 Wireyesterday

    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.com4 days ago

    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 Wirelast month

    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.

  • Business Wire2 months ago

    Home Capital Group Inc. Announces TSX Approval of Normal Course Issuer Bid

    Home Capital Group Inc. (HCG.TO) (“Home Capital”) announced today that the Toronto Stock Exchange (“TSX”) has approved its previously announced Normal Course Issuer Bid, as approved by Home Capital’s board of directors, pursuant to which Home Capital may purchase for cancellation up to 4,753,517 of its common shares (the “Common Shares”), representing approximately 10% of its public float as of December 21, 2018, calculated in accordance with TSX rules. The average daily trading volume of Home Capital’s Common Shares from June 1, 2018 to November 30, 2018 was 252,555 Common Shares.

  • Warren Buffett Bailed Out a Bank, Then the Bank Bailed Out Buffett
    Motley Fool2 months ago

    Warren Buffett Bailed Out a Bank, Then the Bank Bailed Out Buffett

    Berkshire Hathaway's investment in Home Capital Group had some interesting twists and turns.

  • Business Wire2 months ago

    Home Capital Group Inc. Announces Final Results of Substantial Issuer Bid

    Further to the announcement by Home Capital Group Inc. (“Home Capital” or the “Company”) (HCG.TO) on December 19, 2018, the Company announced today that it has taken up 18,181,818 common shares (the “Shares”) at a purchase price of C$16.50 per Share (the “Purchase Price”) under the Company’s Substantial Issuer Bid (the “Offer”) to repurchase for cancellation up to C$300,000,000 of its Shares. After giving effect to the repurchase, the number of issued and outstanding Shares is 62,064,531 (undiluted). None of the directors or management of the Company tendered any of their Shares pursuant to the Offer.

  • Warren Buffett Exits Stake in Canadian Lender He Rescued
    GuruFocus.com2 months ago

    Warren Buffett Exits Stake in Canadian Lender He Rescued

    Warren Buffett (Trades, Portfolio), CEO of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B), said he would "substantially exit" from his position in Canadian mortgage lender Home Capital Group Inc. (HCG.TO), about a year and a half after starting the investment. Warning! GuruFocus has detected 3 Warning Signs with TSX:HCG. The investment also entailed a purchase of 16.04 million shares, or a 19.99% stake in the company for a cumulative price of $153.23 million.

  • Buffett profits as venture in Canadian mortgage business ends
    Reuters2 months ago

    Buffett profits as venture in Canadian mortgage business ends

    Billionaire investor Warren Buffett is cutting ties with a Canadian mortgage business after a nifty trade that provided the company with a potential lifeline. Buffett's Berkshire Hathaway Inc (BRKa.N) is "substantially" exiting its stake in Home Capital Group Inc (HCG.TO) after selling shares back to the company, the Canadian mortgage lender and Buffett said on Wednesday. Shares of Home Capital tumbled as much as 19 percent in early trading before paring losses to trade down 13.2 percent to C$14.30 at midday.

  • The Wall Street Journal2 months ago

    [$$] Berkshire Hathaway Reduces Home Capital Investment

    Home Capital on Wednesday said Berkshire’s stake in the company will fall below 10% upon completion of the company’s 300 million Canadian dollar ($223 million) buyback offer, which will reduce its shares outstanding by about 22.7%. Berkshire in June 2017 agreed to acquire a 38.39% stake in Home Capital as part of a rescue package that included a credit line of C$2 billion, which the lender has since repaid. thanked Berkshire in a statement Wednesday for backing the company last year during a “critical time.” The Toronto mortgage lender was crippled by a sudden exodus of deposits that forced it to borrow high-cost emergency loans.

  • TheStreet.com2 months ago

    Home Capital Group Craters After Warren Buffett Sells Much of His Stake

    shares were falling hard Wednesday after Warren Buffett's Berkshire Hathaway Inc. said it was selling a substantial portion of its stake. Berkshire Hathaway will "substantially exit" its stake in the company - it currently holds 24.64% of the outstanding shares, according to FactSet.

  • Business Wire2 months ago

    Home Capital Group Inc. Update on Berkshire Hathaway Inc.’s Ownership Interest

    Home Capital Group Inc. (“Home Capital” or the “Company”) (HCG.TO) announced today that, following the completion of its Substantial Issuer Bid on Friday December 21st, 2018, the percentage ownership of Home Capital by Columbia Insurance Company, a wholly-owned subsidiary of Berkshire Hathaway Inc. (“Berkshire”) is projected to be less than 10%. Warren E. Buffett, Berkshire Chairman and Chief Executive Officer, stated: “We are delighted to see Home Capital back on its feet with healthy liquidity and a solid capital position. In June of 2017, when some were questioning Home’s staying power, Berkshire agreed to lend the Company $2 billion.

  • Business Wire2 months ago

    Home Capital Group Inc. Announces Preliminary Results of Substantial Issuer Bid

    Home Capital Group Inc. (“Home Capital” or the “Company”) (HCG.TO) announced today the preliminary results of its Substantial Issuer Bid (the “Offer”) to repurchase for cancellation up to C$300,000,000 of its common shares (the “Shares”). In accordance with the terms and conditions of the Offer and based on a preliminary count by Computershare Investor Services Inc. (the “Depositary”), Home Capital expects to take up and purchase for cancellation 18,181,818 Shares at a purchase price of C$16.50 per Share (the “Purchase Price”). “We are pleased that the strength of our balance sheet and our business put us in a position to create value by returning this capital to our shareholders,” remarked Yousry Bissada, President and Chief Executive Officer of Home Capital.

  • Simply Wall St.2 months ago

    Is Home Capital Group Inc’s (TSE:HCG) P/E Ratio Really That Good?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use Home Capital Group Inc's (TSE:HCG) Read More...

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of HCG.TO earnings conference call or presentation 7-Nov-18 1:00pm GMT

    Q3 2018 Home Capital Group Inc Earnings Call

  • Business Wire3 months ago

    Home Capital Group Inc. Announces Commencement and Terms of Substantial Issuer Bid

    Home Capital Group Inc. (HCG.TO) (“Home Capital” or “the Company”) today announced that it has formally commenced its previously announced substantial issuer bid (the “Offer”), pursuant to which Home Capital will offer to repurchase for cancellation up to C$300,000,000 of its common shares (the “Shares”) from shareholders for cash. The Offer is being made by way of a “modified Dutch auction”, which allows shareholders to select the price, within the specified range, at which each shareholder is willing to sell all or a portion of the Shares that such shareholder owns. The Offer will be for up to a maximum of 18,181,818 Shares or approximately 22.66% of Home Capital’s 80,246,349 total issued and outstanding Shares based on full participation and a purchase price equal to the minimum purchase price per Share.

  • Business Wire4 months ago

    Home Capital Announces Third Quarter Results along with Board Approval for a Substantial Issuer Bid of up to $300 Million in the Fourth Quarter and Intention to Apply to the TSX for a Normal Course Issuer Bid Effective 2019

    Home Capital Group Inc. today reported financial results for the three and nine months ended September 30, 2018. This press release should be read in conjunction with the Company’s 2018 Third 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.

  • Business Wire5 months ago

    Home Capital Group to Report Third Quarter 2018 Financial Results

    Home Capital Group Inc. will report financial results for the three months and nine months ended September 30, 2018 on Wednesday, November 7, 2018, before markets open.

  • Business Wire5 months ago

    Home Capital Group Inc. Announces New Appointments to the Board of Directors

    Home Capital Group Inc. (“Home Capital” or “the Company”) (HCG.TO) is pleased to announce that it has made two appointments in relation to its Board of Directors. Susan E. Hutchison joined the Board of Directors effective September 27, 2018. Ms. Hutchison is an industry leader with over twenty years’ experience in digital payments technology and global banking.

  • Simply Wall St.5 months ago

    Home Capital Group Inc (TSE:HCG): Did It Outperform The Industry?

    When Home Capital Group Inc (TSE:HCG) released its most recent earnings update (30 June 2018), I compared it against two factor: its historical earnings track record, and the performance ofRead More...

  • Thomson Reuters StreetEvents6 months ago

    Edited Transcript of HCG.TO earnings conference call or presentation 14-Aug-18 12:00pm GMT

    Q2 2018 Home Capital Group Inc Earnings Call

  • Will Home Capital Group Inc (TSE:HCG) Continue To Underperform Its Industry?
    Simply Wall St.6 months ago

    Will Home Capital Group Inc (TSE:HCG) Continue To Underperform Its Industry?

    I am writing today to help inform people who are new to the stock market and want to start learning about core concepts of fundamental analysis on practical examples fromRead More...

  • ACCESSWIRE6 months ago

    Home Capital Group Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 14, 2018 / Home Capital Group Inc. (TSX: HCG ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 14, 2018 at 8:00 AM Eastern Time. ...