HOME POINT CAPITAL INC logo

HMPT

HOME POINT CAPITAL INC

$1.46

Earnings Summary

Revenue
$8.3Mn
Net Profits
$-94.3Mn
Net Profit Margins
-1136.14%

Highlights

Revenue:

HOME POINT CAPITAL INC’s revenue fell -96.7% since last year same period to $8.3Mn in the Q3 2022. On a quarterly growth basis, HOME POINT CAPITAL INC has generated -85.16% fall in its revenue since last 3-months.

Net Profits:

HOME POINT CAPITAL INC’s net profit fell -232.4% since last year same period to $-94.3Mn in the Q3 2022. On a quarterly growth basis, HOME POINT CAPITAL INC has generated -112.31% fall in its net profits since last 3-months.

Net Profit Margins:

HOME POINT CAPITAL INC’s net profit margin fell -4108.75% since last year same period to -1136.14% in the Q3 2022. On a quarterly growth basis, HOME POINT CAPITAL INC has generated -1330.33% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the HOME POINT CAPITAL INC post its latest quarter earnings

EPS Estimate Current Quarter
-0.12
EPS Estimate Current Year
-0.12

Highlights

EPS Estimate Current Quarter:

HOME POINT CAPITAL INC’s earning per share (EPS) estimates for the current quarter stand at -0.12 - a 38.91% jump from last quarter’s estimates.

EPS Estimate Current Year:

HOME POINT CAPITAL INC’s earning per share (EPS) estimates for the current year stand at -0.12.

Key Ratios

Key ratios of the HOME POINT CAPITAL INC post its Q2 2022 earnings

Earning Per Share (EPS)
-0.34
Return on Assets (ROA)
0
Return on Equity (ROE)
-0.15
Dividend Per Share (DPS)
0.04

Highlights

Earning Per Share (EPS):

HOME POINT CAPITAL INC’s earning per share (EPS) jumped 6.72% since last year same period to -0.34 in the Q2 2022. This indicates that the HOME POINT CAPITAL INC has generated 6.72% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. HOME POINT CAPITAL INC’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. HOME POINT CAPITAL INC’s return on equity (ROE) stands at -0.15.

Dividend Per Share (DPS):

HOME POINT CAPITAL INC declared 0.04 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2020-09-30
0
1.95
+Inf%
2021-03-12
1.22
0.12
-90.16%

Company Information

Home Point Capital is evolving the homebuying and home ownership experience. Home Point Capital’s primary business entity, Home Point Financial Corporation, is a leading mortgage originator and servicer focused on driving financially healthy and successful homeownership. Through additional wholly owned subsidiaries Home Point Mortgage Acceptance Corporation and Home Point Asset Management, the company supports sustainable homeownership as a crucial element of each consumer’s broader journey towards financial security and well-being, delivering a seamless and less stressful homebuying experience. Founded in 2015 and headquartered in Ann Arbor, Michigan, Homepoint works closely with a nationwide network of more than 5,500 mortgage broker and correspondent partners with deep knowledge and expertise about the communities and customers they serve. Today, Homepoint is the nation’s third-largest wholesale mortgage lender and the 10th-largest non-bank mortgage lender. Home Point Financial Corporation d/b/a Homepoint. NMLS No. 7706 (For licensing information, go to: nmlsconsumeraccess.org). Home Point Financial Corporation does not conduct business under the name,

Organisation
HOME POINT CAPITAL INC
Headquarters
2211 Old Earhart Road, Ann Arbor, MI, United States, 48105
Employees
3200
Industry
Financial Services

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