|Bid||25.16 x 0|
|Ask||25.38 x 0|
|Day's Range||24.79 - 25.73|
|52 Week Range||12.48 - 25.90|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||13.85|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.50|
With mortgage fraud on the rise in Canada, investors who own a company like Home Capital Group Inc (TSX:HCG) should tread carefully and pay attention to developments.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Equitable Group Inc. (TSX:EQB) is one of the two top real-estate stocks that will continue to benefit from Canada;s housing boom.
TORONTO — Home Capital Group Inc. beat expectations as its earnings surged in the second quarter.The alternative mortgage lender says it earned $31.9 million or 53 cents per diluted share for the period ended June 30, up from $29.6 million or 37 cents per share a year earlier.Excluding one-time items, adjusted earnings grew 56.8 per cent to 58 cents per share, from 37 cents per share in the prior year.Net interest income rose 3.7 per cent year over year to $97.5 million from $84.1 million.Home Capital saw mortgage originations rise by $50 million or four per cent to $1.28 billion while loans under administration climbed 1.7 per cent to $22.9 billion.The Toronto-based lender was expected to post 51 cents per share in adjusted earnings on $94 million in net interest income.The company says conditions in the Canadian real estate market should continue to support stable, profitable growth for the rest of 2019."We have made substantial progress in our operations in the first half of 2019," stated CEO Yousry Bissada. Companies in this story: (TSX:HCG)The Canadian Press
Home Capital Group Inc. today reported financial results for the three and six months ended June 30, 2019. This press release should be read in conjunction with the Company’s 2019 Second Quarter Report including Financial Statements and Management’s Discussion and Analysis , which are available on Home Capital’s website at www.homecapital.com and on SEDAR at www.sedar.com.
Equitable Group Inc's (TSX:EQB) stock offers value, income and growth. No Canadian Dividend Aristocrat has matched its pace of dividend growth.
Find out why shares in Toronto-based alternative lender Home Capital Group Inc (TSX:HCG) are up over 55% in 2019 thanks to recent changes in how Canada regulates new mortgage applications.
The housing market looks much healthier this summer, and that has pushed stocks like Home Capital Group Inc. (TSX:HCG) to 52-week highs.