Home Point Capital (NASDAQ:HMPT – Get Rating) has been assigned a $2.00 target price by equities research analysts at UBS Group in a research note issued on Wednesday, Stock Target Advisor reports. UBS Group’s price objective indicates a potential upside of 16.96% from the stock’s current price.
A number of other analysts have also recently commented on HMPT. Piper Sandler reduced their price target on Home Point Capital to $2.50 in a research report on Wednesday, November 16th. Wedbush upgraded shares of Home Point Capital from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from $4.00 to $1.50 in a research note on Friday, November 11th. Credit Suisse Group dropped their price target on shares of Home Point Capital from $4.00 to $3.50 and set an “outperform” rating for the company in a research report on Monday. Finally, The Goldman Sachs Group decreased their price objective on shares of Home Point Capital from $3.00 to $1.50 and set a “sell” rating on the stock in a research report on Tuesday, October 4th. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Home Point Capital presently has a consensus rating of “Hold” and a consensus target price of $2.84.
Home Point Capital Trading Down 1.2 %
Shares of HMPT stock opened at $1.71 on Wednesday. The company has a debt-to-equity ratio of 2.83, a current ratio of 3.81 and a quick ratio of 3.81. The company has a market cap of $236.63 million, a price-to-earnings ratio of -2.19 and a beta of 1.22. Home Point Capital has a 1 year low of $1.36 and a 1 year high of $5.04. The firm has a fifty day moving average price of $1.74 and a 200-day moving average price of $2.91.
Hedge Funds Weigh In On Home Point Capital
Home Point Capital Company Profile
Home Point Capital Inc, together with its subsidiaries, operates as a residential mortgage originator and service provider. It operates through two segments, Origination and Servicing. The Origination segment sources loans through direct, wholesale, and correspondent channels. The Servicing segment offers collecting loan payments; remitting principal and interest payments to investors; managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance; and performing loss mitigation activities on behalf of investors and administering mortgage loans.
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