Financial Snapshot

Revenue
$125.1M
TTM
Gross Margin
51.65%
TTM
Net Earnings
-$309.2M
TTM
Current Assets
$217.6M
Q1 2023
Current Liabilities
$142.0M
Q1 2023
Current Ratio
153.19%
Q1 2023
Total Assets
Q1 2023
Total Liabilities
Q1 2023
Book Value
$470.6M
Q1 2023
Cash
Q1 2023
P/E
-1.034
Jun 28, 2023 EST
Free Cash Flow
$967.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

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Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

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Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

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Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

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Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

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Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

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Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

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Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $319.87 Million

About Home Point Capital Inc.

Home Point Capital, Inc. engages in the provision of residential home mortgage services. The company is headquartered in Ann Arbor, Michigan and currently employs 830 full-time employees. The company went IPO on 2021-01-29. The Company’s segments include Origination and Servicing. Its Origination segment sources loans through two production channels: Direct and Wholesale. The Direct channel provides its existing servicing customers with various financing options. The Wholesale channel consists of mortgages originated through a nationwide network of broker partners. Its Servicing segment consists of collecting loan payments, remitting payments to investors, sending monthly statements, managing escrow accounts, and managing and disposing of foreclosed properties. The company originates and sells residential mortgage loans in the secondary market and typically retains the right to service the loans sold. Its mortgage servicing rights (MSRs) give the Company the contractual right to receive service fees and other remuneration in exchange for performing loan servicing functions on behalf of investors in mortgage loans and securities.

Industry: Mortgage Bankers & Loan Correspondents Peers: Blue Foundry Bancorp Federal Home Loan Mortgage Corp FS Bancorp Inc Home Bancorp Inc Pioneer Bancorp Inc Ponce Financial Group Inc Provident Bancorp, Inc. /MD/ Rocket Companies Inc Sterling Bancorp Inc Timberland Bancorp Inc