Home Capital Group Inc to Post Q3 2017 Earnings of $0.36 Per Share, National Bank Financial Forecasts (HCG)
Home Capital Group Inc (TSE:HCG) – Analysts at National Bank Financial cut their Q3 2017 EPS estimates for Home Capital Group in a note issued to investors on Wednesday. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings per share of $0.36 for the quarter, down from their previous forecast of $0.46. National Bank Financial currently has a “Sector Perform” rating and a $14.50 target price on the stock. National Bank Financial also issued estimates for Home Capital Group’s Q4 2017 earnings at $0.34 EPS and FY2018 earnings at $1.40 EPS.
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Other analysts have also issued research reports about the company. Scotiabank began coverage on Home Capital Group in a report on Friday, June 30th. They set a “sector perform” rating and a C$18.00 price objective for the company. Raymond James Financial, Inc. increased their price objective on Home Capital Group from C$10.00 to C$17.50 and gave the company a “market perform” rating in a report on Wednesday, June 21st. TD Securities increased their price objective on Home Capital Group from C$18.00 to C$19.00 and gave the company a “speculative buy” rating in a report on Thursday, June 22nd. Macquarie lowered Home Capital Group from an “outperform” rating to a “neutral” rating in a report on Monday, May 15th. Finally, Royal Bank Of Canada upgraded Home Capital Group from an “underperform” rating to a “sector perform” rating and increased their price objective for the company from C$8.00 to C$14.00 in a report on Thursday, June 15th. Seven equities research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and an average price target of C$16.83.
Home Capital Group (HCG) opened at 13.76 on Monday. Home Capital Group has a 52 week low of $5.06 and a 52 week high of $32.61. The stock has a market cap of $883.43 million and a PE ratio of 3.73. The firm’s 50-day moving average price is $15.01 and its 200-day moving average price is $19.40.
Home Capital Group Company Profile
Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial.
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