Home Point Capital Inc

Company Profile

Home Point Capital Inc had its IPO on 2021-01-29 under the ticker symbol HMPT.

The company operates in the Financial Services sector and Mortgage Finance industry. Home Point Capital Inc has a staff strength of 830 employees.

Stock update

Shares of Home Point Capital Inc opened at $2.32 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.32 - $2.34, and closed at $2.32.

This is a 0% increase from the previous day's closing price.

A total volume of 8,724 shares were traded at the close of the day’s session.

In the last one week, shares of Home Point Capital Inc have increased by 0%.

Home Point Capital Inc's Key Ratios

Home Point Capital Inc has a market cap of $321.25 million, indicating a price to book ratio of 0.288 and a price to sales ratio of 0.2882.

In the last 12-months Home Point Capital Inc’s revenue was $86.78 million with a gross profit of $291.73 million and an EBITDA of $-255199008. The EBITDA ratio measures Home Point Capital Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Home Point Capital Inc’s operating margin was -308.24% while its return on assets stood at -4.57% with a return of equity of -49.3%.

In Q1, Home Point Capital Inc’s quarterly earnings growth was a negative -92.5% while revenue growth was a negative 82.3%.

Home Point Capital Inc’s PE and PEG Ratio

Forward PE

97.0874

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.24 per share while it has a forward price to earnings multiple of 97.0874 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Home Point Capital Inc’s profitability.

Home Point Capital Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.2882.

Home Point Capital Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.11 billion

Total Liabilities

$410.50 million

Operating Cash Flow

$-478000.00

Capital Expenditure

$478000

Dividend Payout Ratio

0%

Home Point Capital Inc ended 2024 with $2.11 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.11 billion while shareholder equity stood at $470.55 million.

Home Point Capital Inc ended 2024 with $140.22 million in deferred long-term liabilities, $410.50 million in other current liabilities, in common stock, $-43930000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $99.96 million and cash and short-term investments were $99.96 million. The company’s total short-term debt was $410,497,000 while long-term debt stood at $1.31 billion.

Home Point Capital Inc’s total current assets stands at $217.58 million while long-term investments were $503.72 million and short-term investments were $0. Its net receivables were $117.62 million compared to accounts payable of $50.26 million and inventory worth $0.

In 2024, Home Point Capital Inc's operating cash flow was $-478000.00 while its capital expenditure stood at $478000.

Comparatively, Home Point Capital Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.32

52-Week High

$2.55

52-Week Low

$0.99

Analyst Target Price

$2.08

Home Point Capital Inc stock is currently trading at $2.32 per share. It touched a 52-week high of $2.55 and a 52-week low of $2.55. Analysts tracking the stock have a 12-month average target price of $2.08.

Its 50-day moving average was $2.31 and 200-day moving average was $1.89 The short ratio stood at 1.27 indicating a short percent outstanding of 0%.

Around 135.1% of the company’s stock are held by insiders while 9406% are held by institutions.