stockchase picture

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

Company Index

List by Company Name

List by Symbol

Home Capital Group Stock Symbol: HCG-T

Notes:mortgages

Last Price Recorded: $42.6400 on 2015-05-26

Globe 200 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2015-05-25 WATCH Jason Mann

He does not hold it because of a lack of price momentum.  It has always been a favourite of US short sellers.  The valuation is not bad and they have a good history of return on equity.  They recently missed on one of their quarters and is probably why it fell off.


Price:
$42.640
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
No
2015-05-14 BUY Allan Meyer

Great company, very, very efficient in the way they use their money.  They are so well financed so if there is a drop in home prices they will still be okay.  It is a decent entry point here.


Price:
$43.010
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2015-05-12 PAST TOP PICK David Baskin

(A Top Pick May 9/14. Down 5.49%.) Had the rap before this quarter of been an alternative lender, and therefore subject to high loan losses and loose credit standards, so people gave it a low price earnings multiple. This quarter, their loan losses were lower than any of the banks, but there mortgage originations were down because they tightened their credit standards, so the market sold off because it didn’t have any growth. Very prudent lenders, and their credit history is excellent. Their growth is good and their return on equity is close to 20%.


Price:
$43.280
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-05-06 COMMENT Jason Donville

Has never sold a share and it is a great long-term investment.


Price:
$45.680
Subject:
GROWTH STOCKS
Bias:
UNKNOWN
Owned:
Yes
2015-04-22 COMMENT Jerome Hass

This is a prime target that US hedge funds use if they want to Short the Canadian housing market. The reason is that banks are not as focused on the housing market.  A great company and very well-managed. They had 2 quarters where there were misses, and the share price reacted quite negatively. Good company, but just expensive at times.


Price:
$45.130
Subject:
CANADIAN MID-CAPS & LONG/SHORT STRATEGIES
Bias:
UNKNOWN
Owned:
Unknown
2015-04-21 COMMENT John O'Connell, CFA

Seems to be a large short position. Considering they missed their last 2 earnings, what do you anticipate in the next 6 months? Short sellers aren’t dumb and they’ve done their homework. It is true that this company could get into trouble at some point. This is a bet on the housing market. For most Canadians that have their net worth tied up in housing, it is probably not really necessary for you to double up on your personal portfolio by owning an investment such as this. It has been a very well-run company and has been very profitable. If the housing market continues to perform well and this company continues to execute well, the short Squeeze could cause the stock to pop when short sellers try to cover. Doesn’t think Canadian investors should be making bets on derivative plays associated with the Canadian housing market.


Price:
$45.900
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Unknown
2015-04-14 COMMENT Christine Poole

Bank of Nova Scotia (BNS-T) or Home Capital Group (HCG-T)? Mainly focused on Canadian housing. It has a lower dividend then Scotia. Both stocks have pulled back. Her preference would be Scotia, because of their diverse business base.


Price:
$45.800
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2015-03-31 DON'T BUY Paul Gardner, CFA

Would not want to own this in this late stage housing cycle. They deal with the subprime market. Recently missed their earnings. This space is a very competitive market.


Price:
$42.560
Subject:
LARGE CAP DIVIDEND PLAYERS, REITs & FIXED INCOME
Bias:
BULLISH on CANADIAN MARKET
Owned:
No
2015-03-12 HOLD Christine Poole

Residential non-bank lending.  They have done well.  We are still seeing robust activity in Toronto and Vancouver in the housing sector.  HCG has different businesses.  But she would prefer a big bank because they are not so concentrated.


Price:
$41.460
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2015-03-09 TOP PICK Teal Linde

Biggest non-bank lender in Canada.  Customers don’t have 3 years of stable income which the banks like to see.  It is selling off because of energy concerns.  But it picks and chooses its regions and they have less than 4% exposure to Alberta, Saskatchewan and Newfoundland.  The sell off is a buying opportunity.


Price:
$42.850
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2015-02-13 COMMENT Brendan Caldwell

Non-conventional lending, but not high risk. The stock did very, very well for a long time, but valuations got a bit extended and he sold his holdings. Trading at nearly all-time highs. If you like what they do and you like financial services in general, some of the non-bank financials will continue to do very well.


Price:
$43.470
Subject:
CANADIAN VALUE
Bias:
BULLISH
Owned:
No
2015-02-10 COMMENT Christine Poole

They do mortgage financing to clients that banks don’t necessarily provide to. Have a very good record on credit quality. She is looking into this one for herself. With a pullback in the banks, this is a very good time to be looking into them. Currently she would be more interested in the Canadian banks rather than this company.


Price:
$43.450
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-02-05 HOLD Jason Donville

Have been growing their earnings at 20% per annum for the last 15 years and he doesn’t see this slowing down. The risks on this are headline risks. This is one of the cheapest things that he follows. If you are a long-term investor and are patient, continue to hold. He is not adding to his position at this time.


Price:
$43.550
Subject:
GROWTH & FINANCIALS
Bias:
CAUTIOUS
Owned:
Yes
2015-02-02 COMMENT Michael Smedley

The best in its businesses of picking up the non-very high end loans. It has had a decent correction. Thinks the talk of the demise of the Canadian housing market is totally overdone.


Price:
$42.080
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2015-01-13 BUY Paul Taylor

This is a non-prime mortgage lender. He likes the name, because their lending standards are quite stringent. His view is relatively constructive on the Canadian housing market. A very well-run company with a diversified housing portfolio.


Price:
$41.410
Subject:
CANADIAN LARGE & GLOBAL
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 211 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.