PHH Corp Company Profile (NYSE:PHH)

About PHH Corp (NYSE:PHH)

PHH Corp logoPHH 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 - NEC
  • Sub-Industry: Specialized Finance
  • Symbol: NYSE:PHH
  • CUSIP: 69332020
  • Web: www.phh.com
Capitalization:
  • Market Cap: $747.36 million
  • Outstanding Shares: 53,612,000
Average Prices:
  • 50 Day Moving Avg: $13.89
  • 200 Day Moving Avg: $13.49
  • 52 Week Range: $11.76 - $16.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -18.49
  • P/E Growth: -4.42
Sales & Book Value:
  • Annual Revenue: $725 million
  • Price / Sales: 1.03
  • Book Value: $19.10 per share
  • Price / Book: 0.73
Profitability:
  • Net Margins: -41.28%
  • Return on Equity: -16.51%
  • Return on Assets: -5.99%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 5.74%
  • Quick Ratio: 5.74%
Misc:
  • Average Volume: 483,538 shs.
  • Beta: 1.94
  • 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 announced that its board has approved a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 14.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

How were PHH Corp's earnings last quarter?

PHH Corp (NYSE:PHH) issued its quarterly earnings results on Tuesday, May, 9th. The company reported ($1.24) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.68) by $0.56. The company earned $114 million during the quarter, compared to analyst estimates of $134.75 million. PHH Corp had a negative net margin of 41.28% and a negative return on equity of 16.51%. The business's revenue for the quarter was down 27.4% compared to the same quarter last year. During the same period last year, the business posted ($0.45) earnings per share. View PHH Corp's Earnings History.

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

3 brokerages have issued twelve-month target prices for PHH Corp's shares. Their forecasts range from $14.50 to $18.00. On average, they expect PHH Corp's stock price to reach $16.50 in the next twelve months. View Analyst Ratings for PHH Corp.

Who are some of PHH Corp's key competitors?

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 number of of institutional and retail investors. Top institutional investors include EJF CAPITAL LLC (9.90%), Meyer Handelman Co. (0.13%), Nisa Investment Advisors LLC (0.04%), Aperio Group LLC (0.04%), Bank of Montreal Can (0.02%) and VNBTrust National Association (0.02%). View Institutional Ownership Trends 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 Aperio Group LLC. 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 $13.87.


MarketBeat Community Rating for PHH Corp (NYSE PHH)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  146 (Vote Underperform)
Total Votes:  270
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.

Analyst Ratings

Consensus Ratings for PHH Corp (NYSE:PHH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $16.50 (18.96% upside)

Analysts' Ratings History for PHH Corp (NYSE:PHH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/20/2017WedbushDowngradeOutperform -> Neutral$14.50HighView Rating Details
1/4/2017Oppenheimer Holdings, Inc.Set Price TargetBuy$18.00N/AView Rating Details
8/11/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$14.92 -> $17.00N/AView Rating Details
5/5/2016Morgan StanleyReiterated RatingHoldN/AView Rating Details
4/12/2016Compass PointLower Price TargetBuy$19.00 -> $13.00N/AView Rating Details
4/12/2016Sterne Agee CRTDowngradeBuy -> Neutral$18.00 -> $13.00N/AView Rating Details
8/7/2015FBR & CoDowngradeOutperform -> Market Perform$28.00 -> $20.00N/AView Rating Details
(Data available from 7/25/2015 forward)

Earnings

Earnings History for PHH Corp (NYSE:PHH)
Earnings by Quarter for PHH Corp (NYSE:PHH)
Earnings History by Quarter for PHH Corp (NYSE PHH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017($0.68)($1.24)$134.75 million$114.00 millionViewListenView Earnings Details
2/15/2017Q416($0.54)($1.86)$185.00 million$72.00 millionViewListenView Earnings Details
11/8/2016Q316($0.14)($0.35)$198.67 million$197.00 millionViewListenView Earnings Details
8/8/2016Q216($0.46)($0.08)$182.00 million$196.00 millionViewListenView Earnings Details
5/4/2016Q116($0.20)($0.56)$175.17 million$157.00 millionViewListenView Earnings Details
2/24/2016Q415($0.30)($0.38)$197.90 million$123.00 millionViewListenView Earnings Details
11/4/2015Q3($0.38)($0.61)$194.23 million$169.00 millionViewListenView Earnings Details
8/5/2015Q2($0.06)($1.43)$216.95 million$237.00 millionViewListenView Earnings Details
5/6/2015Q414($0.30)($0.38)$195.20 million$261.00 millionViewListenView Earnings Details
2/17/2015Q4($0.43)($0.47)$181.13 million$180.00 millionViewListenView Earnings Details
11/4/2014Q314($0.27)($1.19)$193.20 million$152.00 millionViewListenView Earnings Details
8/4/2014Q2($0.13)($0.31)$590.00 million$196.00 millionViewListenView Earnings Details
5/7/2014Q114$0.23($0.32)$598.63 million$517.00 millionViewListenView Earnings Details
2/12/2014Q4$0.07$0.28$636.43 million$675.00 millionViewListenView Earnings Details
11/7/2013Q313$0.16($0.12)$679.93 million$615.00 millionViewListenView Earnings Details
7/31/2013Q2 2013$1.74$1.40$758.55 million$822.00 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.44$0.21$766.40 million$730.00 millionViewListenView Earnings Details
2/6/2013Q4 2012$0.63$0.81ViewListenView Earnings Details
11/7/2012Q312$0.70$0.74$680.73 million$624.00 millionViewN/AView Earnings Details
8/7/2012$0.68$0.49ViewN/AView Earnings Details
5/1/2012$0.67$0.93ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for PHH Corp (NYSE:PHH)
2017 EPS Consensus Estimate: ($5.32)
2018 EPS Consensus Estimate: ($0.91)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.26)($0.26)($0.26)
Q2 20171($1.31)($1.31)($1.31)
Q3 20171($1.52)($1.52)($1.52)
Q4 20171($2.23)($2.23)($2.23)
Q1 20181($0.55)($0.55)($0.55)
Q2 20181($0.55)($0.55)($0.55)
Q3 20181$0.09$0.09$0.09
Q4 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for PHH Corp (NYSE:PHH)
Insider Ownership Percentage: 2.52%
Institutional Ownership Percentage: 96.46%
Insider Trades by Quarter for PHH Corp (NYSE:PHH)
Institutional Ownership by Quarter for PHH Corp (NYSE:PHH)
Insider Trades by Quarter for PHH Corp (NYSE:PHH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/12/2017Silver Point Capital L.P.Major ShareholderSell107,299$13.21$1,417,419.79View SEC Filing  
4/21/2017Silver Point Capital L.P.Major ShareholderSell910,000$13.17$11,984,700.00View SEC Filing  
11/7/2014Jane D CarlinDirectorSell6,196$23.73$147,031.08View SEC Filing  
8/12/2014Gregory J ParseghianDirectorSell25,000$23.98$599,500.00View SEC Filing  
8/11/2014Gregory J ParseghianDirectorSell16,627$24.01$399,214.27View SEC Filing  
8/8/2014William F BrownSVPSell14,975$23.91$358,052.25View SEC Filing  
7/9/2014Citadel Gp LlcMajor ShareholderSell187,202$22.77$4,262,589.54View SEC Filing  
7/8/2014Citadel Gp LlcMajor ShareholderSell102,280$23.88$2,442,446.40View SEC Filing  
8/16/2013Paul ZelissenSVPBuy10,000$22.23$222,300.00View SEC Filing  
8/9/2013George KilroyEVPSell34,662$22.52$780,588.24View SEC Filing  
10/5/2012Scopia Fund Management, LlcMajor ShareholderSell703,920$21.84$15,373,612.80View SEC Filing  
8/22/2012David E TuckerEVPBuy10,000$17.94$179,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for PHH Corp (NYSE:PHH)
Latest Headlines for PHH Corp (NYSE:PHH)
Source:
DateHeadline
americanbankingnews.com logoPHH Corp (NYSE:PHH) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 22 at 7:52 AM
americanbankingnews.com logoCash America International (CSH) vs. PHH Corp (NYSE:PHH) Head-To-Head Contrast
www.americanbankingnews.com - July 19 at 10:10 PM
finance.yahoo.com logoPHH 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
reuters.com logoBRIEF-PHH corp announces expiration, final settlement of its tender offers
www.reuters.com - July 19 at 2:31 AM
finance.yahoo.com logoPHH Corporation Announces Expiration and Final Settlement of Its Tender Offers and Consent Solicitations
finance.yahoo.com - July 19 at 2:31 AM
finance.yahoo.com logoChristopher Sabbe Joins PHH Corporation as Vice President, Business Development
finance.yahoo.com - July 14 at 7:26 AM
forbes.com logoNew CFPB Rule 'A Large Gift For Class Action Lawyers'; Court Challenges Coming
www.forbes.com - July 12 at 6:56 AM
streetinsider.com logoBattle brews between U.S. credit union, consumer protection regulator
www.streetinsider.com - July 7 at 8:06 AM
finance.yahoo.com logoImplied Volatility Surging for PHH (PHH) Stock Options
finance.yahoo.com - July 7 at 8:06 AM
finance.yahoo.com logoPHH Corporation Announces Results of Tender Offers and Consent Solicitations as of the Early Tender Deadline
finance.yahoo.com - July 4 at 6:27 AM
finance.yahoo.com logoPHH Corp. breached its 50 day moving average in a Bullish Manner : PHH-US : June 23, 2017
finance.yahoo.com - June 23 at 9:02 AM
americanbankingnews.com logoWedbush Comments on PHH Corp's Q2 2017 Earnings (PHH)
www.americanbankingnews.com - June 22 at 7:24 AM
americanbankingnews.com logoPHH Corp (PHH) Stock Rating Reaffirmed by Wedbush
www.americanbankingnews.com - June 20 at 8:07 AM
reuters.com logoBRIEF-Phh commences tender offers and consent solicitations
www.reuters.com - June 19 at 7:59 PM
finance.yahoo.com logoPHH Corporation Commences Tender Offers and Consent Solicitations for Any and All of its 7.375% Senior Notes Due 2019 and 6.375% Senior Notes Due 2021
finance.yahoo.com - June 19 at 7:59 PM
bizjournals.com logoAnother step forward for Tops
www.bizjournals.com - June 19 at 10:28 AM
finance.yahoo.com logoETFs with exposure to PHH Corp. : June 14, 2017
finance.yahoo.com - June 14 at 11:34 PM
americanbankingnews.com logoPHH (PHH) Board of Directors Announces Share Repurchase Plan
www.americanbankingnews.com - June 4 at 11:54 AM
americanbankingnews.com logoPHH Co. (PHH) Upgraded to "Sell" by ValuEngine
www.americanbankingnews.com - June 3 at 5:40 PM
bizjournals.com logoTops seeks tenants for soon-to-be former HQ
www.bizjournals.com - June 1 at 8:03 PM
thestreet.com logoFirst Week Of PHH November 17th Options Trading
www.thestreet.com - June 1 at 8:03 PM
finance.yahoo.com logoAnother court case puts the CFPB in danger
finance.yahoo.com - June 1 at 4:13 AM
americanbankingnews.com logoZacks Investment Research Lowers PHH Co. (PHH) to Sell
www.americanbankingnews.com - May 27 at 5:08 PM
americanbankingnews.com logoPHH Co. (PHH) Downgraded by ValuEngine to Strong Sell
www.americanbankingnews.com - May 25 at 3:37 PM
nasdaq.com logoU.S. regulator may have edge in court arguments on its structure
www.nasdaq.com - May 25 at 12:33 AM
foxnews.com logoJudges divided over power of federal consumer agency
www.foxnews.com - May 25 at 12:33 AM
finance.yahoo.com logoJudges Mull Future of Consumer Financial Protection Bureau
finance.yahoo.com - May 25 at 12:33 AM
bloomberg.com logoThe Case That Could Doom Elizabeth Warren’s Wall Street Watchdog
www.bloomberg.com - May 24 at 10:06 AM
finance.yahoo.com logoU.S. appeals court to hear cases that could weigh on Wall Street policing
finance.yahoo.com - May 24 at 10:06 AM
americanbankingnews.com logoBrokers Issue Forecasts for PHH Co.'s Q2 2017 Earnings (PHH)
www.americanbankingnews.com - May 24 at 7:30 AM
reuters.com logoU.S. consumer bureau faces fateful test in U.S. appeals court
www.reuters.com - May 19 at 7:48 PM
finance.yahoo.com logoPHH Corp. :PHH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:58 PM
americanbankingnews.com logoPHH Co. (PHH) Major Shareholder Silver Point Capital L.P. Sells 107,299 Shares
www.americanbankingnews.com - May 12 at 7:20 PM
finance.yahoo.com logoEdited Transcript of PHH earnings conference call or presentation 10-May-17 2:00pm GMT
finance.yahoo.com - May 11 at 12:31 AM
seekingalpha.com logoPHH Corporation's (PHH) CEO Glen Messina on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 7:26 PM
seekingalpha.com logoPHH Corporation misses by $0.56, misses on revenue
seekingalpha.com - May 10 at 11:39 AM
streetinsider.com logoPHH Corp. (PHH) Misses Q1 EPS by 56c
www.streetinsider.com - May 10 at 11:39 AM
americanbankingnews.com logoPHH Co. (PHH) Releases Quarterly Earnings Results
www.americanbankingnews.com - May 9 at 11:03 PM
marketbeat.com logoPHH reports 1Q loss
marketbeat.com - May 9 at 8:16 PM
finance.yahoo.com logoPHH Corporation Announces First Quarter 2017 Results
finance.yahoo.com - May 9 at 6:47 PM
finance.yahoo.com logoPHH 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
seekingalpha.com logoAltisource Portfolio Solutions: The Disaster Scenario Unfolding As Forewarned, Long Holders In Denial
seekingalpha.com - May 4 at 8:13 AM
forbes.com logoNew Development Prices Rise 24% In Manhattan
www.forbes.com - May 2 at 5:01 PM
finance.yahoo.com logoHedge fund now owns almost 10% of PHH, appoints two board members
finance.yahoo.com - May 1 at 6:19 PM
americanbankingnews.com logoPHH (PHH) Getting Somewhat Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 29 at 11:59 PM
finance.yahoo.com logoPHH Corporation Announces Agreement with EJF Capital
finance.yahoo.com - April 28 at 8:27 PM
finance.yahoo.com logoPHH Corporation Announces First Quarter 2017 Earnings Release and Conference Call Schedule
finance.yahoo.com - April 26 at 6:03 PM
finance.yahoo.com logoOcwen fights U.S. consumer watchdog over mortgage allegations
finance.yahoo.com - April 26 at 6:03 PM
americanbankingnews.com logoPHH Co. (PHH) Major Shareholder Silver Point Capital L.P. Sells 910,000 Shares
www.americanbankingnews.com - April 25 at 8:38 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Impact PHH (PHH) Share Price
www.americanbankingnews.com - April 25 at 7:50 PM

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Chart

PHH Corp (PHH) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff