Home Point Capital Inc.(纳斯达克代码：HMPT)收到券商对持有的平均推荐

Home Point Capital Inc. (NASDAQ:HMPT – Get Rating) has been given a consensus recommendation of "Hold" by the ten brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $2.53.

Several research analysts have recently weighed in on the stock. Credit Suisse Group dropped their price target on shares of Home Point Capital from $4.00 to $3.50 and set an "outperform" rating on the stock in a research note on Monday, November 21st. Morgan Stanley lowered their target price on shares of Home Point Capital from $3.50 to $1.25 and set an "equal weight" rating on the stock in a research note on Friday, December 16th. The Goldman Sachs Group lowered their target price on shares of Home Point Capital from $3.00 to $1.50 and set a "sell" rating on the stock in a research note on Tuesday, October 4th. Wedbush upgraded shares of Home Point Capital from a "neutral" rating to an "outperform" rating and reduced their price target for the company from $4.00 to $1.50 in a report on Friday, November 11th. Finally, Piper Sandler reduced their price target on shares of Home Point Capital to $2.50 in a report on Wednesday, November 16th.

Get Home Point Capital alerts:

Home Point Capital Trading Down 1.9 %

Shares of Home Point Capital stock opened at $1.56 on Friday. The company's fifty day simple moving average is $1.50 and its 200-day simple moving average is $2.38. The stock has a market capitalization of $215.88 million, a PE ratio of -2.00 and a beta of 1.14. Home Point Capital has a 1-year low of $0.99 and a 1-year high of $5.04. The company has a debt-to-equity ratio of 2.83, a current ratio of 3.81 and a quick ratio of 3.81.

Home Point Capital (NASDAQ:HMPT – Get Rating) last issued its quarterly earnings results on Thursday, November 10th. The company reported ($0.58) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.35). The business had revenue of $8.30 million for the quarter, compared to analysts' expectations of $73.78 million. Home Point Capital had a negative return on equity of 24.71% and a negative net margin of 25.78%. As a group, equities analysts anticipate that Home Point Capital will post -1.4 earnings per share for the current year.

Hedge Funds Weigh In On Home Point Capital

Large investors have recently made changes to their positions in the company. Zebra Capital Management LLC purchased a new position in shares of Home Point Capital during the 1st quarter worth about $37,000. SMH Capital Advisors Inc. purchased a new position in shares of Home Point Capital during the 2nd quarter worth about $306,000. Rhumbline Advisers purchased a new position in shares of Home Point Capital during the 2nd quarter worth about $58,000. Goldman Sachs Group Inc. boosted its stake in shares of Home Point Capital by 28.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 22,007 shares of the company's stock worth $68,000 after purchasing an additional 4,939 shares during the period. Finally, BNP Paribas Arbitrage SNC purchased a new position in shares of Home Point Capital during the 3rd quarter worth about $37,000. 94.01% of the stock is owned by hedge funds and other institutional investors.

About Home Point Capital

(Get Rating)

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 investors and administering mortgage loans.

Recommended Stories

• Get a free copy of the StockNews.com research report on Home Point Capital (HMPT)
• Can Chip Gear Maker Lam Continue Its Rally As Earnings Slow?
• Bed Bath & Beyond Stock Crumbles 24% On Possible Bankruptcy News
• Why Is Kraft Heinz Moving Higher
• What will this mean for the Devon Energy stock price this year?
• Nio Stock, Is This The Bottom ?

Receive News & Ratings for Home Point Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Point Capital and related companies with MarketBeat.com's FREE daily email newsletter.