NYSE:PHH - PHH Stock Price, Price Target & More

PHH trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHH."

PHH announced that its Board of Directors has approved a stock buyback plan on Wednesday, November 8th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

PHH Co. (NYSE:PHH) posted its earnings results on Tuesday, May, 8th. The credit services provider reported ($1.10) EPS for the quarter, missing the consensus estimate of ($0.89) by $0.21. The credit services provider had revenue of $50 million for the quarter, compared to analysts' expectations of $63.40 million. PHH had a negative return on equity of 27.16% and a negative net margin of 45.92%. View PHH's Earnings History.

PHH is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for PHH.

2 Wall Street analysts have issued 12-month price objectives for PHH's shares. Their predictions range from $12.00 to $14.50. On average, they anticipate PHH's stock price to reach $13.25 in the next twelve months. View Analyst Ratings for PHH.

Some companies that are related to PHH include Four Corners Property Trust (FCPT), Kearny Financial (KRNY), Provident Financial (PFG), Reaves Utility Income Fund (UTG), Kite Realty Group Trust (KRG), PIMCO Corporate&Income Opportunity Fund (PTY), Royce Value Trust (RVT), Tortoise Energy Infrastructure (TYG), United Fire Group (UFCS), State Bank Financial (STBZ), Safety Insurance Group (SAFT), Employers (EIG), HFF (HF), Global Net Lease (GNL) and Cohen & Steers Quality Income Realty (RQI).

Media stories about PHH stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PHH earned a media sentiment score of 0.08 on Accern's scale. They also assigned media stories about the credit services provider an impact score of 44.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

PHH's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (9.95%), BlackRock Inc. (7.74%), Alpine Associates Management Inc. (2.67%), Allianz Asset Management GmbH (2.26%), Allianz Asset Management GmbH (2.26%) and Elo Mutual Pension Insurance Co (1.76%). Company insiders that own PHH stock include Carroll R Wetzel, Kevin Stein, Leith W Kaplan, Silver Point Capital LP and William F Brown. View Institutional Ownership Trends for PHH.

PHH stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Allianz Asset Management GmbH, Millennium Management LLC, Citadel Advisors LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Legal & General Group Plc and California Public Employees Retirement System. Company insiders that have sold PHH company stock in the last year include Carroll R Wetzel, Kevin Stein, Leith W Kaplan and William F Brown. View Insider Buying and Selling for PHH.

PHH stock was bought by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Elo Mutual Pension Insurance Co, Citigroup Inc., Banco BTG Pactual S.A., State of Wisconsin Investment Board, Stevens Capital Management LP, Gabelli Funds LLC and GABELLI & Co INVESTMENT ADVISERS INC.. View Insider Buying and Selling for PHH.

Shares of PHH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PHH stock can currently be purchased for approximately $10.89.

PHH has a market capitalization of $355.46 million and generates $456 million in revenue each year. The credit services provider earns $-217,000,000.00 in net income (profit) each year or ($4.47) on an earnings per share basis. PHH employs 1,365 workers across the globe.

PHH's mailing address is 3000 LEADENHALL ROAD, MOUNT LAUREL NJ, 08054. The credit services provider can be reached via phone at 856-917-1744 or via email at [email protected]