Home Point Capital Inc. (HMPT)

NASDAQ: HMPT · IEX Real-Time Price · USD
2.14
+0.05 (2.39%)
Feb 3, 2023, 4:00 PM EST - Market closed
2.39%
Market Cap 296.17M
Revenue (ttm) 417.07M
Net Income (ttm) -107.39M
Shares Out 138.40M
EPS (ttm) -0.78
PE Ratio n/a
Forward PE 97.09
Dividend $0.08 (3.74%)
Ex-Dividend Date May 23, 2022
Volume 29,803
Open 2.06
Previous Close 2.09
Day's Range 2.04 - 2.20
52-Week Range 0.99 - 4.65
Beta 1.13
Analysts Sell
Price Target 1.83 (-14.49%)
Earnings Date Feb 23, 2023

About HMPT

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, wholesale, and correspondent channels. The Servicing segment offers collecting loan payments; remitting principal and interest payments to investors; managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance; and performing loss mitigation activities on behalf of investor... [Read more]

Sector Financials
IPO Date Jan 29, 2021
Employees 3,200
Stock Exchange NASDAQ
Ticker Symbol HMPT
Full Company Profile

Financial Performance

In 2021, HMPT's revenue was $961.52 million, a decrease of -30.19% compared to the previous year's $1.38 billion. Earnings were $166.27 million, a decrease of -72.61%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for HMPT stock is "Sell." The 12-month stock price forecast is $1.83, which is a decrease of -14.49% from the latest price.

Price Target
$1.83
(-14.49% downside)
Analyst Consensus: Sell
Stock Forecasts

News

7 Real Estate Stocks to Sell While You Still Can

Though the housing sector represented one of the most remarkable developments of the post-coronavirus new normal, the subsequent paradigm shift necessitates a discussion about real estate stocks to se...

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2 months ago - InvestorPlace

Home Point Capital (HMPT) Reports Q3 Loss, Misses Revenue Estimates

Home Point Capital (HMPT) delivered earnings and revenue surprises of -152.17% and 88.75%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stoc...

3 months ago - Zacks Investment Research

Home Point Capital Reports Third Quarter 2022 Financial Results

– Quarterly Origination Volume of $4.1 billion –

3 months ago - GlobeNewsWire

Homepoint Makes Fast-Funding Home Equity Lines of Credit Available Through Mortgage Brokers

HELOC positions brokers as key support system for homeowners ANN ARBOR, Mich. , Nov. 7, 2022 /PRNewswire/ -- Homepoint, one of the nation's largest wholesale mortgage lenders, today announced the laun...

3 months ago - PRNewsWire

Hurry! 7 Pitiful Real Estate Stocks to Sell Before 2022 Ends

Perhaps the most debated topic of the new normal, the concept of real estate stocks to sell finally achieved mass-scale credibility. It all comes down to fundamental realities and it's better to not o...

Other symbols: LENOPENRDFNRKTTOLZZG
3 months ago - InvestorPlace

Analysts Estimate Home Point Capital (HMPT) to Report a Decline in Earnings: What to Look Out for

Home Point Capital (HMPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Home Point Capital to Announce Third Quarter 2022 Financial Results on November 10, 2022

ANN ARBOR, Mich., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Home Point Capital Inc. (NASDAQ: HMPT) (“Home Point Capital” or the “Company”), the parent entity of Home Point Financial Corporation (“Homepoint”),...

3 months ago - GlobeNewsWire

Sawa Credit Inc. Announces Partnership with Homepoint to Launch First-Ever Community Platform to Build Lender Capacity

OAKLAND, Calif.--(BUSINESS WIRE)--Sawa Credit Inc., a first-of-its-kind community platform helping underserved borrowers build financial health, today announced it has formed a new partnership with Ho...

4 months ago - Business Wire

The real challenge is how long these real estate market conditions last, says BofA's Bhatia

Bank of America Securities research analyst Mihir Bhatia joins 'Power Lunch' to discuss how much mortgage volumes will fall, if Bhatia's coverage universe can survive a fall in mortgage volumes and wh...

Other symbols: GHLDRKTTREEUWMC
4 months ago - CNBC Television

Home Point Capital (HMPT) Reports Q2 Loss, Misses Revenue Estimates

Home Point Capital (HMPT) delivered earnings and revenue surprises of -183.33% and 39.07%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Home Point Capital Reports Second Quarter 2022 Financial Results

–  Quarterly Origination Volume of $9.3 Billion –

6 months ago - GlobeNewsWire

Will Home Point Capital (HMPT) Report Negative Earnings Next Week? What You Should Know

Home Point Capital (HMPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Home Point Capital to Announce Second Quarter 2022 Financial Results on August 11, 2022

ANN ARBOR, Mich., July 28, 2022 (GLOBE NEWSWIRE) -- Home Point Capital Inc. (NASDAQ: HMPT) (“Home Point Capital” or the “Company”), the parent entity of Home Point Financial Corporation (“Homepoint”),...

6 months ago - GlobeNewsWire

Home Point Capital to Participate in the Morgan Stanley US Financials, Payments & CRE Conference

ANN ARBOR, Mich., June 06, 2022 (GLOBE NEWSWIRE) -- Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Fina...

8 months ago - GlobeNewsWire

Home Point Capital (HMPT) Reports Q1 Loss, Tops Revenue Estimates

Home Point Capital (HMPT) delivered earnings and revenue surprises of -650% and 16.88%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Home Point Capital Reports First Quarter 2022 Financial Results

– Quarterly Origination Volume of $12.6 Billion –

9 months ago - GlobeNewsWire

New Mortgage Program Boosts Homebuying Prospects with All-Cash Offers and $8,000 Savings

Buyers can compete with all-cash offers, then secure mortgage with lower wholesale rates, fees and life-of-loan expenses ANN ARBOR, Mich. , May 10, 2022 /PRNewswire/ -- Independent loan originators, a...

9 months ago - PRNewsWire

Earnings Preview: Home Point Capital (HMPT) Q1 Earnings Expected to Decline

Home Point Capital (HMPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

Home Point Capital to Announce First Quarter 2022 Financial Results on May 12, 2022

ANN ARBOR, Mich., April 21, 2022 (GLOBE NEWSWIRE) -- Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Fin...

10 months ago - GlobeNewsWire

7 Stocks to Sell if You Believe These Analyst Downgrades

If you're concerned about which stocks to sell, these analyst downgrades might give you a clue as to what to expect next. The post 7 Stocks to Sell if You Believe These Analyst Downgrades appeared fir...

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10 months ago - InvestorPlace

Financing Program Created to Alleviate Housing Crisis Provides Homebuilders with Increased Access to Capital

Homepoint New Build partners mortgage brokers with regional independent builders to accelerate new construction ANN ARBOR, Mich. , April 14, 2022 /PRNewswire/ -- A new partnership in the wholesale mor...

10 months ago - PRNewsWire

Home Point Capital (HMPT) Reports Q4 Loss, Tops Revenue Estimates

Home Point Capital (HMPT) delivered earnings and revenue surprises of -228.57% and 0.86%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Home Point Capital Reports Fourth Quarter 2021 Financial Results

– Quarterly Origination Volume of $21 Billion –

1 year ago - GlobeNewsWire

Homepoint Enters Into Servicing Relationship with ServiceMac

Leading Non-Bank Mortgage Company Combines Servicing Platform with Emerging Mortgage Servicer Leading Non-Bank Mortgage Company Combines Servicing Platform with Emerging Mortgage Servicer

1 year ago - GlobeNewsWire

Home Point Capital to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on February 24, 2022

ANN ARBOR, Mich., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Fina...

1 year ago - GlobeNewsWire