National Bank Financial Comments on Home Capital Group Inc. (TSE:HCG) First Quarter 2023 Results

Financial Planners

Home Capital Group Inc. (TSE:HCG – Get Rating) – Analysts at National Bank Financial said in a research note issued to investors on Monday, May 1, that Home Capital Group’s shares are expected to increase in the first quarter of 2023. announced an EPS estimate for National Bank financial analyst J. Gloyn expects the company to earn $1.06 per share in the quarter. Home Capital Group’s current consensus estimate for annual earnings is $5.38 per share. National Bank Financial also estimated Home Capital Group’s third quarter 2023 earnings at his EPS of $1.17 and fourth quarter 2023 earnings at $1.17.

Several other equity analysts have also recently commented on HCG. The Royal Bank of Canada downgraded Home Capital Group’s stock from an ‘outperform’ rating to a ‘sector perform’ rating in a research report on Wednesday, Jan. 18, lowering its share price target from his C$36.00 to C$44.00. raised to Raymond James downgraded Home Capital Group’s stock from an ‘outperform’ rating to a ‘market perform’ rating in a research report on Friday, Jan. 13, with a price target of C$47.00 to C$44.00. Downgraded to Canadian dollars. Two of his analysts rated the stock with a hold rating and two of them assigned a buy rating to the company. According to, the company has an average rating of “moderate buy” and a consensus target price of he C$44.00.

Home Capital Group price performance

TSE:HCG opened Thursday at C$43.48. Home Capital Group’s one-year low is C$23.82 and the one-year high is C$43.63. The company’s 50-day moving average is C$41.66 and its 200-day moving average is C$39.31. The stock has a market cap of C$1.65 billion, a P/E ratio of 11.95, a PEG ratio of 1.67 and a beta of 1.99.

Home Capital Group (TSE:HCG – Get Rating) last released its quarterly earnings data on Thursday, February 16th. The company reported that he earned C$0.95 per share for the quarter, below analyst consensus expectations of C$1.08 ($0.13) for him. The company’s earnings for the quarter were C$126.1 million, compared to the analyst’s forecast of C$123.4 million. Home Capital Group’s net profit margin was 31.82% and return on equity was 9.61%.

Home Capital Group Dividend Notice

The company recently announced its quarterly dividend, which was paid on Wednesday, March 15th. Investors of record on Tuesday, February 28 were paid a dividend of $0.15 per share. The ex-dividend date was Monday, February 27. This represents an annualized dividend of $0.60 and his yield of 1.38%. Home Capital Group has a dividend payout ratio (DPR) of 16.48%.

About Home Capital Group

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Home Capital Group Inc, through its subsidiary, Home Trust Company, provides mortgage and non-mortgage loans, securitization of mortgage products, consumer loans and credit card services in Canada. It is an Oaken Financial brand that offers deposits through brokers and financial planners.

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