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: Consumer Lending
- Sub-Industry: Specialized Finance
- Symbol: NYSE:PHH
- CUSIP: 69332020
- Web: www.phh.com
Capitalization:- Market Cap: $691.6 million
- Outstanding Shares: 51,306,000
Average Prices:- 50 Day Moving Avg: $13.91
- 200 Day Moving Avg: $13.47
- 52 Week Range: $11.76 - $15.70
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -7.41
- P/E Growth: -4.19
Sales & Book Value:- Annual Revenue: $734 million
- Price / Sales: 0.94
- Book Value: $18.38 per share
- Price / Book: 0.73
Profitability:- Net Margins: -55.15%
- Return on Equity: -20.67%
- Return on Assets: -7.37%
Debt:- Debt-to-Equity Ratio: 1.34%
- Current Ratio: 5.61%
- Quick Ratio: 5.61%
Misc:- Average Volume: 472,444 shs.
- Beta: 1.92
- Short Ratio: 5.76
Frequently Asked Questions for PHH Corp (NYSE:PHH)
What is PHH Corp's stock symbol?
PHH Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHH."
How will PHH Corp's stock buyback program work?
PHH Corp declared that its Board of Directors has authorized a share repurchase plan on Wednesday, August 9th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 26.9% of its stock through a dutch auction. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.
How were PHH Corp's earnings last quarter?
PHH Corp (NYSE:PHH) issued its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.81) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($1.31) by $0.50. The company earned $112 million during the quarter, compared to the consensus estimate of $121.80 million. PHH Corp had a negative return on equity of 20.67% and a negative net margin of 55.15%. The firm's revenue was down 42.9% on a year-over-year basis. During the same period last year, the firm earned ($0.08) earnings per share. View PHH Corp's Earnings History.
When will PHH Corp make its next earnings announcement?
Where is PHH Corp's stock going? Where will PHH Corp's stock price be in 2017?
3 analysts have issued 1-year price targets for PHH Corp's stock. Their forecasts range from $14.50 to $18.00. On average, they expect PHH Corp's stock price to reach $15.83 in the next year. View Analyst Ratings for PHH Corp.
Who are some of PHH Corp's key competitors?
Some companies that are related to PHH Corp include TPG RE Finance Trust (TRTX), Provident Financial plc (PFG), World Acceptance Corporation (WRLD), EZCORP (EZPW), International Personal Finance Plc (IPF), Regional Management Corp. (RM), Non-Standard Finance PLC (NSF), S & U PLC (SUS), Morses Club PLC (MCL), Fairpoint Group Plc (FRP), Cash America International (CSH), Navient Corp (NAVIV) and Stonegate Mortgage Corp (SGM).
Who are PHH Corp's key executives?
PHH Corp's management team includes the folowing people:
- Robert B. Crowl, President, Chief Executive Officer, Chief Operating Officer, Director
- Michael R. Bogansky, Chief Financial Officer, Principal Accounting Officer
- Kate Williamson, Chief Human Resource Officer, Senior Vice President
- Ian Hill, Senior Vice President, Chief Information Officer
- Leith W. Kaplan, Senior Vice President, Chief Risk and Compliance Officer
- William F. Brown, Senior Vice President, General Counsel, Secretary
- Richard J. Bradfield, Senior Vice President, General Manager - Financial Institutions
- Stephen Staid, Senior Vice President - Servicing
- James O. Egan, Non-Executive Independent Chairman of the Board
- James Neuhauser, Director
Who owns PHH Corp stock?
PHH Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Silver Point Capital L.P. (8.38%), Vanguard Group Inc. (8.16%), Glenview Capital Management LLC (7.37%), Dimensional Fund Advisors LP (7.07%), Renaissance Technologies LLC (4.97%) and Hotchkis & Wiley Capital Management LLC (4.88%). Company insiders that own PHH Corp stock include Carroll R Wetzel and Silver Point Capital LP. View Institutional Ownership Trends for PHH Corp.
Who sold PHH Corp stock? Who is selling PHH Corp stock?
PHH Corp's stock was sold by a variety of institutional investors in the last quarter, including Silver Point Capital L.P., Glenview Capital Management LLC, California Public Employees Retirement System, Hotchkis & Wiley Capital Management LLC, Citigroup Inc., Symphony Asset Management LLC, California State Teachers Retirement System and Pacad Investment Ltd.. Company insiders that have sold PHH Corp stock in the last year include Carroll R Wetzel and Silver Point Capital LP. View Insider Buying and Selling for PHH Corp.
Who bought PHH Corp stock? Who is buying PHH Corp stock?
PHH Corp's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, American Century Companies Inc., Los Angeles Capital Management & Equity Research Inc., GABELLI & Co INVESTMENT ADVISERS INC., State Street Corp, IndexIQ Advisors LLC and Tudor Investment Corp ET AL. View Insider Buying and Selling for PHH Corp.
How do I buy PHH Corp stock?
Shares of PHH Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PHH Corp's stock price today?
One share of PHH Corp stock can currently be purchased for approximately $13.48.
MarketBeat Community Rating for PHH Corp (NYSE PHH)MarketBeat's community ratings are surveys of what our community members think about PHH Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for PHH Corp (NYSE:PHH) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $15.83 (17.46% upside) |
Analysts' Ratings History for PHH Corp (NYSE:PHH)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/12/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $15.00 | Low |  |
| 6/20/2017 | Wedbush | Downgrade | Outperform -> Neutral | $14.50 | High | |
| 1/4/2017 | Oppenheimer Holdings, Inc. | Set Price Target | Buy | $18.00 | 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 | |
(Data available from 9/22/2015 forward)
Earnings History for PHH Corp (NYSE:PHH)Earnings History by Quarter for PHH Corp (NYSE PHH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | ($0.72) | | | | | N/A | |
| 8/8/2017 | Q2 2017 | ($1.31) | ($0.81) | $121.80 million | $112.00 million | View | Listen | |
| 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 Corp (NYSE:PHH)2017 EPS Consensus Estimate: ($5.32)
2018 EPS Consensus Estimate: ($0.91)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.26) | ($0.26) | ($0.26) |
| Q2 2017 | 1 | ($1.31) | ($1.31) | ($1.31) |
| Q3 2017 | 1 | ($1.52) | ($1.52) | ($1.52) |
| Q4 2017 | 1 | ($2.23) | ($2.23) | ($2.23) |
| Q1 2018 | 1 | ($0.55) | ($0.55) | ($0.55) |
| Q2 2018 | 1 | ($0.55) | ($0.55) | ($0.55) |
| 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 Corp (NYSE:PHH)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for PHH Corp (NYSE:PHH)Insider Ownership Percentage: 2.52%
Institutional Ownership Percentage: 97.42%
Insider Trades by Quarter for PHH Corp (NYSE:PHH)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/11/2017 | Carroll R. Wetzel | Director | Sell | 21,000 | $14.25 | $299,250.00 | |
| 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 Corp (NYSE:PHH)
Latest Headlines for PHH Corp (NYSE:PHH)
| Source: |
|
| Date | Headline |
|---|
 | PHH Corp (PHH) & Its Peers Critical Comparison
www.americanbankingnews.com - September 20 at 8:08 AM |
 | PHH Corporation Announces Final Results of Tender Offer
finance.yahoo.com - September 16 at 7:45 AM |
| Comparing PHH Corp (PHH) and The Competition
www.americanbankingnews.com - September 14 at 8:20 AM |
| PHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : September 12, 2017
finance.yahoo.com - September 13 at 7:49 AM |
| PHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : September 12, 2017
finance.yahoo.com - September 13 at 7:49 AM |
| PHH Corp (PHH) Director Sells $299,250.00 in Stock
www.americanbankingnews.com - September 12 at 10:16 PM |
| PHH Corp (PHH) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 12 at 11:16 AM |
| PHH Corp (PHH) vs. its Peers Head to Head Comparison
www.americanbankingnews.com - September 12 at 11:00 AM |
| PHH Corp's (PHH) "Hold" Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - September 12 at 9:30 AM |
| PHH Corporation Announces Preliminary Results of Tender Offer
finance.yahoo.com - September 12 at 8:35 AM |
| Comparing Regional Management Corp. (RM) & PHH Corp (PHH)
www.americanbankingnews.com - September 11 at 10:56 AM |
| PHH Corp (PHH) vs. Synchrony Financial (SYF) Head to Head Review
www.americanbankingnews.com - September 10 at 8:32 AM |
| Contrasting PHH Corp (PHH) and its Peers
www.americanbankingnews.com - September 10 at 12:24 AM |
| ETFs with exposure to PHH Corp. : September 9, 2017
finance.yahoo.com - September 9 at 7:24 AM |
| ETFs with exposure to PHH Corp. : September 9, 2017
finance.yahoo.com - September 9 at 7:24 AM |
| ValuEngine Upgrades PHH Corp (PHH) to Sell
www.americanbankingnews.com - September 2 at 5:38 PM |
 | Republicans Want to Sideline This Regulator. But It May Be Too Popular.
www.nytimes.com - September 1 at 7:14 AM |
| Reviewing Regional Management Corp. (RM) & PHH Corp (PHH)
www.americanbankingnews.com - August 30 at 10:20 AM |
 | PHH Corp. extends time for self-tender
seekingalpha.com - August 26 at 8:16 AM |
 | PHH Corp. (PHH) Extends Offer Period to Purchase up to $266M of Its Common Stock
www.streetinsider.com - August 26 at 8:16 AM |
| ETFs with exposure to PHH Corp. : August 25, 2017
finance.yahoo.com - August 26 at 8:16 AM |
| Head to Head Review: World Acceptance Corporation (WRLD) vs. PHH Corp (PHH)
www.americanbankingnews.com - August 26 at 12:22 AM |
| PHH Corporation Announces Extension of Offer Period to Purchase up to $266 Million of Its Common Stock
finance.yahoo.com - August 25 at 10:03 AM |
| PHH Corp (PHH) Upgraded to Buy by BidaskClub
www.americanbankingnews.com - August 22 at 5:06 PM |
 | BRIEF-morgan Stanley reports 5.2 pct passive stake in PHH Corp as on Aug 9
www.reuters.com - August 18 at 7:08 AM |
| PHH Corp. :PHH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 17 at 6:49 AM |
 | PHH: South Jersey headquarters workforce to be reduced by 700
www.bizjournals.com - August 16 at 6:47 AM |
| PHH Corp. (PHH) Commences Self-Tender Offer to Purchase up to $266M of Common Stock
www.streetinsider.com - August 12 at 6:53 AM |
| BRIEF-PHH Corp announces commencement of tender offer to purchase up to $266 mln of its common stock
www.reuters.com - August 12 at 6:53 AM |
| PHH Corporation Announces Commencement of Tender Offer to Purchase up to $266 Million of Its Common Stock
finance.yahoo.com - August 12 at 6:53 AM |
| Financial Analysis: PHH Corp (PHH) & LendingClub Corporation (LC)
www.americanbankingnews.com - August 11 at 2:36 PM |
| PHH Corp tenders for $266M of common stock
seekingalpha.com - August 11 at 8:55 AM |
| PHH Corporation 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 10 at 6:49 AM |
| Edited Transcript of PHH earnings conference call or presentation 9-Aug-17 2:00pm GMT
finance.yahoo.com - August 10 at 6:49 AM |
| PHH Corp (PHH) to Repurchase $200.00 million in Shares
www.americanbankingnews.com - August 9 at 11:04 AM |
| PHH Corporation misses by $0.17, misses on revenue
seekingalpha.com - August 9 at 6:24 AM |
| PHH Mortgage Corporation to Pay Over $74 Million to Resolve Mortgage Fraud Case Brought By Whistleblower
www.bizjournals.com - August 9 at 6:24 AM |
 | BRIEF-PHH Corp comments on settlement with U.S. Department of Justice
www.businessinsider.com - August 9 at 6:24 AM |
| PHH Corporation Announces Second Quarter 2017 Results
finance.yahoo.com - August 9 at 6:23 AM |
| PHH to pay $74.5M to settle probe into alleged defective mortgage loans
finance.yahoo.com - August 9 at 6:23 AM |
| [$$] PHH to Pay $75 Million Over Mortgage Underwriting
finance.yahoo.com - August 9 at 6:23 AM |
| PHH Corp (NYSE:PHH) Announces Quarterly Earnings Results, Beats Estimates By $0.30 EPS
www.americanbankingnews.com - August 8 at 8:44 PM |
 | Mortgage lender PHH agrees to pay $74 million settlement
marketbeat.com - August 8 at 12:23 PM |
| PHH Corp (PHH) versus EZCORP (EZPW) Head-To-Head Contrast
www.americanbankingnews.com - August 3 at 6:34 PM |
| PHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : August 1, 2017
finance.yahoo.com - August 1 at 4:25 PM |
| PHH Corp (PHH) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 1 at 10:49 AM |
| PHH Corporation Announces Second Quarter 2017 Earnings Release and Conference Call Schedule
finance.yahoo.com - July 26 at 6:22 AM |
| PHH Corp (NYSE:PHH) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 22 at 7:52 AM |
| Cash America International (CSH) vs. PHH Corp (NYSE:PHH) Head-To-Head Contrast
www.americanbankingnews.com - July 19 at 10:10 PM |
| PHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : July 19, 2017
finance.yahoo.com - July 19 at 3:51 PM |
PHH Corp (PHH) Chart for Friday, September, 22, 2017
