PHH Company Profile (NYSE:PHH)

About PHH (NYSE:PHH)

PHH Corporation is a standalone mortgage company. The Company provides outsourced mortgage banking services to a range of clients, including financial institutions and real estate brokers throughout the United States, and is focused on originating, selling, servicing and subservicing residential mortgage loans through its subsidiary, PHH Mortgage Corporation and its subsidiaries. It operates through two segments: Mortgage Production and Mortgage Servicing. The Mortgage Production segment provides mortgage loan origination services and sells mortgage loans. The Mortgage Servicing segment performs servicing activities for loans originated by the Company and mortgage servicing rights purchased from others, and acts as a subservicer for certain clients that own the underlying mortgage servicing rights. The Mortgage Production segment provides private label mortgage services to financial institutions and real estate brokers, and sources mortgage loans through its retail platform.

Industry, Sector and Symbol:

Sector: Finance
Industry: Credit Services
Sub-Industry: Specialized Finance
Symbol: NYSE:PHH
CUSIP: 69332020
Web: www.phh.com

Capitalization:

Market Cap: $728.05 million
Outstanding Shares: 53,612,000

Average Prices:

50 Day Moving Avg: $13.13
200 Day Moving Avg: $13.77
52 Week Range: $11.76 - $16.80

P/E:

Trailing P/E Ratio: N/A
Foreward P/E Ratio: -10.61
P/E Growth: -4.36

Sales & Book Value:

Annual Revenue: $725 million
Price / Sales: 1.00
Book Value: $19.10 per share
Price / Book: 0.71

Profitability:

Net Margins: -18.28%
Return on Equity: -5.38%
Return on Assets: -1.99%

Debt:

Debt-to-Equity Ratio: 1.06%
Current Ratio: 5.68%
Quick Ratio: 5.68%

Misc:

Average Volume: 551,567 shs.
Beta: 1.86
Short Ratio: 3.14

Frequently Asked Questions for PHH (NYSE:PHH)

What is PHH's stock symbol?

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

How were PHH's earnings last quarter?

PHH Co. (NYSE:PHH) released its quarterly earnings results on Tuesday, May, 9th. The company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.68) by $0.56. The firm had revenue of $114 million for the quarter, compared to analyst estimates of $134.75 million. PHH had a negative return on equity of 5.38% and a negative net margin of 18.28%. The company's quarterly revenue was down 27.4% compared to the same quarter last year. During the same period last year, the firm earned ($0.45) EPS. View PHH's Earnings History.

Where is PHH's stock going? Where will PHH's stock price be in 2017?

4 equities research analysts have issued 12 month price targets for PHH's stock. Their forecasts range from $15.50 to $18.00. On average, they expect PHH's stock price to reach $16.83 in the next year. View Analyst Ratings for PHH.

Who are some of PHH's key competitors?

Some companies that are related to PHH include Qiwi PLC (QIWI), Triangle Capital (TCAP), World Acceptance Corp. (WRLD), Federal Agricultural Mortgage Corp. (AGM), EZCORP (EZPW), Everi Holdings (EVRI), Enova International (ENVA), NewStar Financial (NEWS), On Deck Capital (ONDK), Regional Management Corp (RM), Planet Payment (PLPM), CPI Card Group (PMTS), Consumer Portfolio Services (CPSS), Medallion Financial Corp (MFIN), Manhattan Bridge Capital (LOAN), Universal Business Payment Solutions Acquisition Corp (JTPY), Cash America International (CSH) and Fifth Street Finance Corp. (FSC).

Who owns PHH stock?

PHH's stock is owned by many different of institutional and retail investors. Top institutional investors include EJF CAPITAL LLC (9.90%), EJF Capital LLC (9.95%), Glenview Capital Management LLC (8.48%), EJF CAPITAL LLC (8.40%), Vanguard Group Inc. (8.13%) and Dimensional Fund Advisors LP (6.23%). View Institutional Ownership Trends for PHH.

Who sold PHH stock? Who is selling PHH stock?

PHH's stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Morgan Stanley, Highbridge Capital Management LLC, Credit Suisse AG, California Public Employees Retirement System, State Street Corp, Glenview Capital Management LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for PHH.

Who bought PHH stock? Who is buying PHH stock?

PHH's stock was purchased by a variety of institutional investors in the last quarter, including EJF Capital LLC, Point72 Asset Management L.P., Royce & Associates LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., TFS Capital LLC and OppenheimerFunds Inc.. View Insider Buying and Selling for PHH.

How do I buy PHH stock?

Shares of PHH can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of PHH stock cost?

One share of PHH stock can currently be purchased for approximately $13.58.

Consensus Ratings for PHH (NYSE:PHH) (?)

Ratings Breakdown:	1 Sell Rating, 1 Hold Rating, 2 Buy Ratings
Consensus Rating:	Hold (Score: 2.25)
Consensus Price Target:	$16.83 (23.96% upside)

Analysts' Ratings History for PHH (NYSE:PHH)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
5/25/2017	ValuEngine	Downgrade	Sell -> Strong Sell		Low
3/3/2017	Wedbush	Upgrade	Neutral -> Outperform	$17.00 -> $15.50	N/A
1/4/2017	Oppenheimer Holdings Inc.	Set Price Target	Buy	$18.00	N/A
8/11/2016	Keefe, Bruyette & Woods	Downgrade	Outperform -> Market Perform	$14.92 -> $17.00	N/A
5/5/2016	Morgan Stanley	Reiterated Rating	Hold		N/A
4/12/2016	Compass Point	Lower Price Target	Buy	$19.00 -> $13.00	N/A
4/12/2016	Sterne Agee CRT	Downgrade	Buy -> Neutral	$18.00 -> $13.00	N/A
8/7/2015	FBR & Co	Downgrade	Outperform -> Market Perform	$28.00 -> $20.00	N/A

(Data available from 5/26/2015 forward)

Earnings History for PHH (NYSE:PHH)

Earnings History by Quarter for PHH (NYSE:PHH)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/9/2017	Q1 2017	($0.68)	($1.24)	$134.75 million	$114.00 million	View	Listen
2/15/2017	Q416	($0.54)	($1.86)	$185.00 million	$72.00 million	View	Listen
11/8/2016	Q316	($0.14)	($0.35)	$198.67 million	$197.00 million	View	Listen
8/8/2016	Q216	($0.46)	($0.08)	$182.00 million	$196.00 million	View	Listen
5/4/2016	Q116	($0.20)	($0.56)	$175.17 million	$157.00 million	View	Listen
2/24/2016	Q415	($0.30)	($0.38)	$197.90 million	$123.00 million	View	Listen
11/4/2015	Q3	($0.38)	($0.61)	$194.23 million	$169.00 million	View	Listen
8/5/2015	Q2	($0.06)	($1.43)	$216.95 million	$237.00 million	View	Listen
5/6/2015	Q414	($0.30)	($0.38)	$195.20 million	$261.00 million	View	Listen
2/17/2015	Q4	($0.43)	($0.47)	$181.13 million	$180.00 million	View	Listen
11/4/2014	Q314	($0.27)	($1.19)	$193.20 million	$152.00 million	View	Listen
8/4/2014	Q2	($0.13)	($0.31)	$590.00 million	$196.00 million	View	Listen
5/7/2014	Q114	$0.23	($0.32)	$598.63 million	$517.00 million	View	Listen
2/12/2014	Q4	$0.07	$0.28	$636.43 million	$675.00 million	View	Listen
11/7/2013	Q313	$0.16	($0.12)	$679.93 million	$615.00 million	View	Listen
7/31/2013	Q2 2013	$1.74	$1.40	$758.55 million	$822.00 million	View	Listen
5/1/2013	Q1 2013	$0.44	$0.21	$766.40 million	$730.00 million	View	Listen
2/6/2013	Q4 2012	$0.63	$0.81			View	Listen
11/7/2012	Q312	$0.70	$0.74	$680.73 million	$624.00 million	View	N/A
8/7/2012		$0.68	$0.49			View	N/A
5/1/2012		$0.67	$0.93			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for PHH (NYSE:PHH)

2017 EPS Consensus Estimate: ($5.31)
2018 EPS Consensus Estimate: ($0.56)

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	($0.26)	($0.26)	($0.26)
Q2 2017	1	($1.17)	($1.17)	($1.17)
Q3 2017	1	($1.39)	($1.39)	($1.39)
Q4 2017	1	($2.49)	($2.49)	($2.49)
Q1 2018	1	($0.35)	($0.35)	($0.35)
Q2 2018	1	($0.40)	($0.40)	($0.40)
Q3 2018	1	$0.09	$0.09	$0.09
Q4 2018	1	$0.10	$0.10	$0.10

(Data provided by Zacks Investment Research)

Dividend History for PHH (NYSE:PHH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading and Institutional Ownership History for PHH (NYSE:PHH)

Insider Ownership Percentage: 2.14%
Institutional Ownership Percentage: 99.39%

Institutional Ownership by Quarter for PHH (NYSE:PHH)

Insider Trades by Quarter for PHH (NYSE:PHH)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/12/2017	Silver Point Capital L.P.	Major Shareholder	Sell	107,299	$13.21	$1,417,419.79
4/21/2017	Silver Point Capital L.P.	Major Shareholder	Sell	910,000	$13.17	$11,984,700.00
11/7/2014	Jane D Carlin	Director	Sell	6,196	$23.73	$147,031.08
8/12/2014	Gregory J Parseghian	Director	Sell	25,000	$23.98	$599,500.00
8/11/2014	Gregory J Parseghian	Director	Sell	16,627	$24.01	$399,214.27
8/8/2014	William F Brown	SVP	Sell	14,975	$23.91	$358,052.25
7/9/2014	Citadel Gp Llc	Major Shareholder	Sell	187,202	$22.77	$4,262,589.54
7/8/2014	Citadel Gp Llc	Major Shareholder	Sell	102,280	$23.88	$2,442,446.40
8/16/2013	Paul Zelissen	SVP	Buy	10,000	$22.23	$222,300.00
8/9/2013	George Kilroy	EVP	Sell	34,662	$22.52	$780,588.24
10/5/2012	Scopia Fund Management, Llc	Major Shareholder	Sell	703,920	$21.84	$15,373,612.80
8/22/2012	David E Tucker	EVP	Buy	10,000	$17.94	$179,400.00

(Data available from 1/1/2013 forward)

Headline Trends for PHH (NYSE:PHH) Latest Headlines for PHH (NYSE:PHH)

Source:

Date	Headline
	PHH Co. (PHH) Downgraded by ValuEngine to Strong Sell www.americanbankingnews.com - May 25 at 3:37 PM
	U.S. regulator may have edge in court arguments on its structure www.nasdaq.com - May 25 at 12:33 AM
	Judges divided over power of federal consumer agency www.foxnews.com - May 25 at 12:33 AM
	Judges Mull Future of Consumer Financial Protection Bureau finance.yahoo.com - May 25 at 12:33 AM
	The Case That Could Doom Elizabeth Warren’s Wall Street Watchdog www.bloomberg.com - May 24 at 10:06 AM
	U.S. appeals court to hear cases that could weigh on Wall Street policing finance.yahoo.com - May 24 at 10:06 AM
	Brokers Issue Forecasts for PHH Co.'s Q2 2017 Earnings (PHH) www.americanbankingnews.com - May 24 at 7:30 AM
	U.S. consumer bureau faces fateful test in U.S. appeals court www.reuters.com - May 19 at 7:48 PM
	PHH Corp. :PHH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017 finance.yahoo.com - May 12 at 7:58 PM
	PHH Co. (PHH) Major Shareholder Silver Point Capital L.P. Sells 107,299 Shares www.americanbankingnews.com - May 12 at 7:20 PM
	Edited Transcript of PHH earnings conference call or presentation 10-May-17 2:00pm GMT finance.yahoo.com - May 11 at 12:31 AM
	PHH Corporation's (PHH) CEO Glen Messina on Q1 2017 Results - Earnings Call Transcript seekingalpha.com - May 10 at 7:26 PM
	PHH Corporation misses by $0.56, misses on revenue seekingalpha.com - May 10 at 11:39 AM
	PHH Corp. (PHH) Misses Q1 EPS by 56c www.streetinsider.com - May 10 at 11:39 AM
	PHH Co. (PHH) Releases Quarterly Earnings Results www.americanbankingnews.com - May 9 at 11:03 PM
	PHH reports 1Q loss marketbeat.com - May 9 at 8:16 PM
	PHH Corporation Announces First Quarter 2017 Results finance.yahoo.com - May 9 at 6:47 PM
	PHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : May 9, 2017 finance.yahoo.com - May 9 at 11:07 AM
	Altisource Portfolio Solutions: The Disaster Scenario Unfolding As Forewarned, Long Holders In Denial seekingalpha.com - May 4 at 8:13 AM
	New Development Prices Rise 24% In Manhattan www.forbes.com - May 2 at 5:01 PM
	Hedge fund now owns almost 10% of PHH, appoints two board members finance.yahoo.com - May 1 at 6:19 PM
	PHH (PHH) Getting Somewhat Positive Press Coverage, Study Shows www.americanbankingnews.com - April 29 at 11:59 PM
	PHH Corporation Announces Agreement with EJF Capital finance.yahoo.com - April 28 at 8:27 PM
	PHH Corporation Announces First Quarter 2017 Earnings Release and Conference Call Schedule finance.yahoo.com - April 26 at 6:03 PM
	Ocwen fights U.S. consumer watchdog over mortgage allegations finance.yahoo.com - April 26 at 6:03 PM
	PHH Co. (PHH) Major Shareholder Silver Point Capital L.P. Sells 910,000 Shares www.americanbankingnews.com - April 25 at 8:38 PM
	Somewhat Positive Media Coverage Likely to Impact PHH (PHH) Share Price www.americanbankingnews.com - April 25 at 7:50 PM
	Ocwen: My Take On Recent Events seekingalpha.com - April 25 at 6:21 PM
	Fannie And Freddie: An Unconstitutionally Structured FHFA And Voiding Net Worth Sweep seekingalpha.com - April 19 at 9:54 AM
	Somewhat Positive Media Coverage Very Likely to Affect PHH (PHH) Share Price www.americanbankingnews.com - April 18 at 12:17 AM
	PHH Co. (PHH) Upgraded to Hold at Zacks Investment Research www.americanbankingnews.com - April 17 at 8:16 AM
	PHH (PHH) Receiving Favorable Press Coverage, Report Shows www.americanbankingnews.com - April 14 at 11:53 PM
	PHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : April 13, 2017 finance.yahoo.com - April 13 at 9:33 AM
	Short Interest Expands By 15.8% For PHH www.thestreet.com - April 12 at 6:53 PM
	PHH Co. (PHH) Stock Rating Upgraded by Zacks Investment Research www.americanbankingnews.com - April 11 at 8:52 AM
	PHH Co. (PHH) Upgraded to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 4 at 8:59 AM
	PHH Co. (PHH) Lifted to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 3 at 10:38 AM
	BRIEF-PHH says CEO to retire - sec filing www.reuters.com - April 1 at 11:10 AM
	PHH Corp. (PHH) Names Robert Crowl as COO www.streetinsider.com - March 31 at 8:43 AM
	PHH Corporation Announces Leadership Transition us.rd.yahoo.com - March 31 at 12:32 AM
	9:02 am PHH Corp details leadership transition as part of its previously announced plan to reduce costs, CFO Robert Crowl appointed Chief Operating Officer, will become CEO in June us.rd.yahoo.com - March 31 at 12:32 AM
	BRIEF-PHH Corp appoints Michael Bogansky as CFO www.reuters.com - March 30 at 7:29 PM
	PHH CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits biz.yahoo.com - March 30 at 7:29 PM
	PHH CEO stepping down as part of new strategic plan to reduce costs www.bizjournals.com - March 30 at 7:29 PM
	PHH Co. (PHH) Receives Average Rating of "Hold" from Brokerages www.americanbankingnews.com - March 30 at 2:04 PM
	World Acceptance - Risks Still Loom Large seekingalpha.com - March 30 at 12:58 AM
	Fannie And Freddie: The Litigation Thesis Remains Viable After Perry seekingalpha.com - March 29 at 9:09 AM
	Sen. Menendez supports CFPB in battle with DOJ, PHH www.bizjournals.com - March 23 at 8:43 AM
	[$$] High-Powered Lawyer Takes His Case Against CFPB to Congress www.wsj.com - March 21 at 7:01 PM
	PHH Mortgage cuts local workforce to 30 www.bizjournals.com - March 20 at 5:18 PM