Viewing Company Home Capital Group | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Home Capital Group Stock Symbol: HCG-T

Notes:mortgages

Last Price Recorded: $28.0800 on 2016-09-23

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2016-09-15 DON'T BUY Daniel Lloyd

He thinks it is a crowded trade.  He would be wary of it.  The issue is that people are expecting a valuation that it will never get. 


Price:
$28.060
Subject:
CANADIAN
Bias:
BEARISH on BONDS
Owned:
No
2016-08-23 COMMENT James Telfser

This has the same guys shorting this company that were ripping into Concordia Healthcare (CXR-T). The company has been struggling with loans. Be careful. It looks cheap, but it can get a lot cheaper.


Price:
$25.910
Subject:
CANADIAN
Bias:
BULLISH
Owned:
No
2016-08-19 COMMENT Michael Smedley

Thinks the prospects for this are good. It is the senior company in nonprime lenders. He knows of nothing wrong with this company. They had to get rid of some of their brokers at one time.


Price:
$28.040
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-08-12 COMMENT Jerome Hass

Has been negative on this, and used to have a Short position. Management announced a Substantial Issuer Bid in February, that took the share price from about $24 up to $36, but it has dropped back to $29. His concern is the originations of their mortgages of 26%, which is very high, while their loan book is flat. They are having to run pretty hard to stand still, which is his concern.


Price:
$29.100
Subject:
LONG-SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
Unknown
2016-08-08 TOP PICK David Baskin

He has loved it since it was $6.  It was attacked by short sellers about 18 months ago when mortgage brokers gave them some bad information.  All of the mortgages they wrote with these brokers had loss experiences no different than any others.  Alberta is not hurting them.  It is priced at 7 times earnings when it should be 10 times.  It missed earnings recently by 3 or 4 cents.


Price:
$29.680
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2016-08-03 PAST TOP PICK Peter Hodson

(A Top Pick Aug 4/15. Down 7.64%.) Feels sorry for this company. They actually do a pretty decent job. ROE is 16%. Came in with earnings last week of $0.99 and missed $1.07 estimate. It trades at about 7X PE. Earlier this year they raised their dividend 9% and bought back $150 million worth of stock. Meanwhile they haven’t issued a new share in over 10 years, and yet the stock continues to languish.


Price:
$28.810
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
BULLISH
Owned:
No
2016-07-28 DON'T BUY Andy Nasr

It is tough to get comfortable with them because the Canadian consumer is so highly leveraged.  He would prefer to own a bank.


Price:
$28.750
Subject:
GLOBAL
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-29 SELL Stephen Takacsy, B. Eng, MBA

Lost credibility with what happened last year, with some of the mortgage applications that were doctored or exaggerated. Prefers Equitable (EQB-T) which does basically the same business, except they follow everything by the book and have a much higher growth rate. He would switch.


Price:
$31.900
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2016-06-14 DON'T BUY David Burrows

There are all kinds of concerns around lenders and their ability to make money. This company has done a very good job of managing losses on mortgages, but there are some real concerns about the Canadian housing market, and there are some concerns around the risks of Western Canada. He would prefer not to focus in this area until things started to improve.


Price:
$31.000
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-06-14 COMMENT Christine Poole

Focused on non-bank traditional mortgages. If you want to play the financial service sector, her preference would be to buy one of the big Canadian banks. (See Top Picks.)


Price:
$31.000
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-06-10 SELL Jerome Hass

Has been Short this. As much as it has had a great long term success record, you have to look at the most recent quarter. Their originations, new mortgages that have come in, are up 28%, and yet their loan book dropped. That tells you that there is a very significant churn within their portfolio. Just standing still they have to find 28% new clients every year, a very, very high churn rate for any business. Also, new immigrants are now being more welcomed by the banks. Thinks there are a lot of headwinds on this company. He would think about trimming your position.


Price:
$32.500
Subject:
CANADIAN MID-CAPS & LONG/SHORT STRATEGIES
Bias:
CAUTIOUS
Owned:
Yes
2016-05-05 SELL Brooke Thackray

It was a miss on Q1 earnings.  We saw a break out and then a pullback.  You don’t want to be in this over the next 6 months as it is not the period of seasonal strength.  He would be looking to exit.


Price:
$31.990
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2016-04-11 DON'T BUY Colin Stewart

He puts it in the category of ‘too tough to figure out’.  Canadian housing prices continue to rise and HGC has had no issue with rising delinquencies.  It’s a cheap stock as long as all goes well in the Canadian housing market.


Price:
$36.340
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
CAUTIOUS
Owned:
No
2016-04-11 DON'T BUY James Telfser

A bunch of these names in have been put through the wringer. The story got a little bit frothy a couple of years ago. There is still a lot of unanswered questions. Growth trajectory is not as high. ROE is coming down. There are a lot of things that are decelerating in the business. Still trading at a depressed multiple, but he is not compelled to get in just yet.


Price:
$36.340
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
No
2016-04-07 COMMENT Jon Vialoux

This falls in the same category as the banking sector with seasonal strength occurring from February through to mid-April. This has been slightly outperforming the market in the past few days. He sees resistance at around $37. It is holding its 20 day moving average at about $35.83. If it breaks that level, you can expect selling pressures to really escalate. His indicators are curling over which would imply that something negative is going to happen.


Price:
$36.160
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 272 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.