Home Capital Group (HCG) Scheduled to Post Earnings on Wednesday

Home Capital Group (TSE:HCG) will be posting its quarterly earnings results after the market closes on Wednesday, February 14th. Analysts expect Home Capital Group to post earnings of C$0.38 per share for the quarter.

Home Capital Group (TSE:HCG) last posted its quarterly earnings data on Tuesday, November 14th. The company reported C$0.37 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.28 by C$0.09. Home Capital Group had a net margin of 31.43% and a return on equity of 6.84%. The business had revenue of C$95.41 million for the quarter, compared to analyst estimates of C$92.40 million.

Home Capital Group (TSE HCG) opened at C$16.41 on Wednesday. Home Capital Group has a 12 month low of C$5.06 and a 12 month high of C$30.54. The company has a market cap of $1,320.00, a P/E ratio of 48.26 and a beta of 0.56.

A number of research analysts recently commented on the stock. TD Securities upgraded shares of Home Capital Group from a “hold” rating to a “buy” rating and raised their price objective for the company from C$17.00 to C$21.00 in a research note on Monday, January 22nd. National Bank Financial raised their price objective on shares of Home Capital Group from C$14.50 to C$15.50 and gave the company a “sector perform” rating in a research note on Wednesday, November 15th. Finally, Royal Bank of Canada raised their price objective on shares of Home Capital Group from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 15th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Home Capital Group has an average rating of “Hold” and a consensus target price of C$18.39.

In other Home Capital Group news, insider Bradley William Kotush bought 13,500 shares of Home Capital Group stock in a transaction that occurred on Thursday, November 16th. The stock was purchased at an average cost of C$15.09 per share, for a total transaction of C$203,715.00. Also, Director Alan Roy Hibben bought 3,000 shares of Home Capital Group stock in a transaction that occurred on Thursday, November 16th. The shares were acquired at an average price of C$15.25 per share, with a total value of C$45,750.00. Insiders have purchased 22,000 shares of company stock valued at $338,560 over the last 90 days.

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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.

Earnings History for Home Capital Group (TSE:HCG)

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