HCG.TO - Home Capital Group Inc.

Toronto - Toronto Delayed Price. Currency in CAD
16.86
+0.19 (+1.14%)
At close: 4:00PM EST
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Previous Close16.67
Open16.72
Bid16.25 x 0
Ask16.90 x 0
Day's Range16.59 - 16.86
52 Week Range12.48 - 18.63
Volume172,825
Avg. Volume401,538
Market Cap1.046B
Beta (3Y Monthly)0.90
PE Ratio (TTM)10.64
EPS (TTM)1.59
Earnings DateFeb 22, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-02-15
1y Target Est19.13
  • Business Wire10 days ago

    Home Capital Group to Report Fourth Quarter and Full Year 2018 Financial Results

    Home Capital Group Inc. will report financial results for the three months and twelve months ended December 31, 2018 on Friday, February 22, 2019, before markets open.

  • 2 Stocks That Hinge on the Canadian Housing Market in 2019
    The Motley Fool16 days ago

    2 Stocks That Hinge on the Canadian Housing Market in 2019

    Home Capital Group Inc. (TSX:HCG) and Equitable Group Inc. (TSX:EQB) enter 2019 on the heels of impressive earnings in the latter half of 2018.

  • Warning: 2019 Could Get Ugly if Canada’s Housing Bubble Pops
    The Motley Fool24 days ago

    Warning: 2019 Could Get Ugly if Canada’s Housing Bubble Pops

    A major real estate decline would be a disaster for Home Capital Group Inc. (TSX:HCG) and Equitable Group Inc. (TSX:EQB). Could it happen in 2019?

  • What’s Warren Buffett Doing As the Markets Tank?
    The Motley Foollast month

    What’s Warren Buffett Doing As the Markets Tank?

    Warren Buffett's cash-out of Home Capital Group (TSX:HCG), and other moves the Oracle of Omaha has been making of late.

  • Business Wirelast month

    Home Capital Group Inc. Announces TSX Approval of Normal Course Issuer Bid

    Home Capital Group Inc. (HCG.TO) (“Home Capital”) announced today that the Toronto Stock Exchange (“TSX”) has approved its previously announced Normal Course Issuer Bid, as approved by Home Capital’s board of directors, pursuant to which Home Capital may purchase for cancellation up to 4,753,517 of its common shares (the “Common Shares”), representing approximately 10% of its public float as of December 21, 2018, calculated in accordance with TSX rules. The average daily trading volume of Home Capital’s Common Shares from June 1, 2018 to November 30, 2018 was 252,555 Common Shares.

  • Warren Buffett Bailed Out a Bank, Then the Bank Bailed Out Buffett
    Motley Foollast month

    Warren Buffett Bailed Out a Bank, Then the Bank Bailed Out Buffett

    Berkshire Hathaway's investment in Home Capital Group had some interesting twists and turns.

  • Business Wirelast month

    Home Capital Group Inc. Announces Final Results of Substantial Issuer Bid

    Further to the announcement by Home Capital Group Inc. (“Home Capital” or the “Company”) (HCG.TO) on December 19, 2018, the Company announced today that it has taken up 18,181,818 common shares (the “Shares”) at a purchase price of C$16.50 per Share (the “Purchase Price”) under the Company’s Substantial Issuer Bid (the “Offer”) to repurchase for cancellation up to C$300,000,000 of its Shares. After giving effect to the repurchase, the number of issued and outstanding Shares is 62,064,531 (undiluted). None of the directors or management of the Company tendered any of their Shares pursuant to the Offer.

  • Is Home Capital Group (TSX:HCG) Stock Doomed After Warren Buffett Cuts Stake?
    The Motley Foollast month

    Is Home Capital Group (TSX:HCG) Stock Doomed After Warren Buffett Cuts Stake?

    Here is why Home Capital Group Inc. (TSX:HCG) stock is still worth holding on to after Warren Buffett cut his stake.

  • Buffett profits as venture in Canadian mortgage business ends
    Reuterslast month

    Buffett profits as venture in Canadian mortgage business ends

    Billionaire investor Warren Buffett is cutting ties with a Canadian mortgage business after a nifty trade that provided the company with a potential lifeline. Buffett's Berkshire Hathaway Inc (BRKa.N) is "substantially" exiting its stake in Home Capital Group Inc (Toronto:HCG.TO - News) after selling shares back to the company, the Canadian mortgage lender and Buffett said on Wednesday. Shares of Home Capital tumbled as much as 19 percent in early trading before paring losses to trade down 13.2 percent to C$14.30 at midday.

  • The Canadian Presslast month

    Berkshire Hathaway reducing Home Capital stake to less than 10 per cent

    Warren Buffett's Berkshire Hathaway Inc. is reducing its stake in Home Capital Group Inc. to less than 10 per cent, the alternative mortgage lender said Wednesday. Toronto-based Home Capital said Berkshire Hathaway's holdings will fall following the completion of a substantial issuer bid on Friday. Buffett's investment firm acquired a nearly 20 per cent stake in Home Capital in 2017 when it stepped in to provide a $2-billion credit facility and make an equity investment in the alternative mortgage lender.

  • The Wall Street Journallast month

    [$$] Berkshire Hathaway Reduces Home Capital Investment

    Home Capital on Wednesday said Berkshire’s stake in the company will fall below 10% upon completion of the company’s 300 million Canadian dollar ($223 million) buyback offer, which will reduce its shares outstanding by about 22.7%. Berkshire in June 2017 agreed to acquire a 38.39% stake in Home Capital as part of a rescue package that included a credit line of C$2 billion, which the lender has since repaid. thanked Berkshire in a statement Wednesday for backing the company last year during a “critical time.” The Toronto mortgage lender was crippled by a sudden exodus of deposits that forced it to borrow high-cost emergency loans.

  • 3 Bargain Stocks Trading Below Book Value
    The Motley Foollast month

    3 Bargain Stocks Trading Below Book Value

    H&R Real Estate Investment Trust (TSX:HR.UN) and these two other stocks could be great value buys today.

  • Business Wirelast month

    Home Capital Group Inc. Update on Berkshire Hathaway Inc.’s Ownership Interest

    Home Capital Group Inc. (“Home Capital” or the “Company”) (HCG.TO) announced today that, following the completion of its Substantial Issuer Bid on Friday December 21st, 2018, the percentage ownership of Home Capital by Columbia Insurance Company, a wholly-owned subsidiary of Berkshire Hathaway Inc. (“Berkshire”) is projected to be less than 10%. Warren E. Buffett, Berkshire Chairman and Chief Executive Officer, stated: “We are delighted to see Home Capital back on its feet with healthy liquidity and a solid capital position. In June of 2017, when some were questioning Home’s staying power, Berkshire agreed to lend the Company $2 billion.

  • Business Wirelast month

    Home Capital Group Inc. Announces Preliminary Results of Substantial Issuer Bid

    Home Capital Group Inc. (“Home Capital” or the “Company”) (HCG.TO) announced today the preliminary results of its Substantial Issuer Bid (the “Offer”) to repurchase for cancellation up to C$300,000,000 of its common shares (the “Shares”). In accordance with the terms and conditions of the Offer and based on a preliminary count by Computershare Investor Services Inc. (the “Depositary”), Home Capital expects to take up and purchase for cancellation 18,181,818 Shares at a purchase price of C$16.50 per Share (the “Purchase Price”). “We are pleased that the strength of our balance sheet and our business put us in a position to create value by returning this capital to our shareholders,” remarked Yousry Bissada, President and Chief Executive Officer of Home Capital.

  • Simply Wall St.last month

    Is Home Capital Group Inc’s (TSE:HCG) P/E Ratio Really That Good?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use Home Capital Group Inc's (TSE:HCG) Read More...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of HCG.TO earnings conference call or presentation 7-Nov-18 1:00pm GMT

    Q3 2018 Home Capital Group Inc Earnings Call

  • 1 Cheap Financial Stock With Risks
    The Motley Fool2 months ago

    1 Cheap Financial Stock With Risks

    Home Capital Group Inc. (TSX:HCG) has had its share of ups and downs. The stock is very cheap at the moment, but there are risks to consider before investing.

  • 3 Reasons Canada Housing Looks Strong Heading Into 2019
    The Motley Fool2 months ago

    3 Reasons Canada Housing Looks Strong Heading Into 2019

    Improved conditions in Canadian housing should boost companies like Home Capital Group Inc. (TSX:HCG) in the quarters to come.

  • 2 Underrated Stocks That Have Soared in the Past Month
    The Motley Fool2 months ago

    2 Underrated Stocks That Have Soared in the Past Month

    Canopy Growth Corp (TSX:WEED)(NYSE:CGC) has struggled lately and these two stocks could provide safer options for investors.

  • This Warren Buffett Stock Jumped 24% in a Single Day: Should You Buy?
    The Motley Fool2 months ago

    This Warren Buffett Stock Jumped 24% in a Single Day: Should You Buy?

    Toronto-based Home Capital Group Inc. (TSX:HCG) stock is surging, making Warren Buffett rich. Is it a good time to buy?

  • Business Wire2 months ago

    Home Capital Group Inc. Announces Commencement and Terms of Substantial Issuer Bid

    Home Capital Group Inc. (HCG.TO) (“Home Capital” or “the Company”) today announced that it has formally commenced its previously announced substantial issuer bid (the “Offer”), pursuant to which Home Capital will offer to repurchase for cancellation up to C$300,000,000 of its common shares (the “Shares”) from shareholders for cash. The Offer is being made by way of a “modified Dutch auction”, which allows shareholders to select the price, within the specified range, at which each shareholder is willing to sell all or a portion of the Shares that such shareholder owns. The Offer will be for up to a maximum of 18,181,818 Shares or approximately 22.66% of Home Capital’s 80,246,349 total issued and outstanding Shares based on full participation and a purchase price equal to the minimum purchase price per Share.

  • Home Capital shares pop, but naysayers unconvinced
    Yahoo Finance Canada3 months ago

    Home Capital shares pop, but naysayers unconvinced

    The alternative mortgage lender's checkered past has some investors unimpressed by their monumental growth last quarter.

  • Baystreet3 months ago

    Stocks in play: Home Capital Group Inc.

    Reported financial results for the three months ended September 30, 2018. Net income for the third quarter ...

  • Business Wire3 months ago

    Home Capital Announces Third Quarter Results along with Board Approval for a Substantial Issuer Bid of up to $300 Million in the Fourth Quarter and Intention to Apply to the TSX for a Normal Course Issuer Bid Effective 2019

    Home Capital Group Inc. today reported financial results for the three and nine months ended September 30, 2018. This press release should be read in conjunction with the Company’s 2018 Third 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.