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: $726.51 million
  • Outstanding Shares: 53,341,000
Average Prices:
  • 50 Day Moving Avg: $13.96
  • 200 Day Moving Avg: $13.44
  • 52 Week Range: $11.76 - $15.92
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -18.84
  • P/E Growth: -2.89
Sales & Book Value:
  • Annual Revenue: $734 million
  • Price / Sales: 1.03
  • Book Value: $17.90 per share
  • Price / Book: 0.79
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: 396,531 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 program on Wednesday, August 9th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 26.9% of its stock through a dutch auction. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

How were PHH Corp's earnings last quarter?

PHH Corp (NYSE:PHH) posted its earnings results on Tuesday, August, 8th. The company reported ($0.81) earnings per share for the quarter, beating analysts' consensus estimates of ($1.31) by $0.50. The firm had revenue of $112 million for the quarter, compared to analyst estimates of $121.80 million. PHH Corp had a negative return on equity of 20.67% and a negative net margin of 55.15%. The company's quarterly revenue was down 42.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.08) EPS. View PHH Corp's Earnings History.

When will PHH Corp make its next earnings announcement?

PHH Corp is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for PHH Corp.

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

2 analysts have issued 1 year target prices for PHH Corp's shares. Their forecasts range from $14.50 to $18.00. On average, they expect PHH Corp's share price to reach $16.25 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 variety of of retail and institutional investors. Top institutional shareholders 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%). 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.. View Insider Buying and Selling for PHH Corp.

Who bought PHH Corp stock? Who is buying PHH Corp stock?

PHH Corp's stock was acquired 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 $14.13.


MarketBeat Community Rating for PHH Corp (NYSE PHH)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  283
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: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $16.25 (15.00% 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
(Data available from 8/17/2015 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
11/14/2017        
8/8/2017Q2 2017($1.31)($0.81)$121.80 million$112.00 millionViewListenView Earnings Details
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: 97.01%
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
finance.yahoo.com logoPHH Corp. :PHH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 17 at 6:49 AM
bizjournals.com logoPHH: South Jersey headquarters workforce to be reduced by 700
www.bizjournals.com - August 16 at 6:47 AM
streetinsider.com logoPHH Corp. (PHH) Commences Self-Tender Offer to Purchase up to $266M of Common Stock
www.streetinsider.com - August 12 at 6:53 AM
reuters.com logoBRIEF-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
finance.yahoo.com logoPHH 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
americanbankingnews.com logoFinancial Analysis: PHH Corp (PHH) & LendingClub Corporation (LC)
www.americanbankingnews.com - August 11 at 2:36 PM
seekingalpha.com logoPHH Corp tenders for $266M of common stock
seekingalpha.com - August 11 at 8:55 AM
seekingalpha.com logoPHH Corporation 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 10 at 6:49 AM
finance.yahoo.com logoEdited Transcript of PHH earnings conference call or presentation 9-Aug-17 2:00pm GMT
finance.yahoo.com - August 10 at 6:49 AM
americanbankingnews.com logoPHH Corp (PHH) to Repurchase $200.00 million in Shares
www.americanbankingnews.com - August 9 at 11:04 AM
seekingalpha.com logoPHH Corporation misses by $0.17, misses on revenue
seekingalpha.com - August 9 at 6:24 AM
bizjournals.com logoPHH Mortgage Corporation to Pay Over $74 Million to Resolve Mortgage Fraud Case Brought By Whistleblower
www.bizjournals.com - August 9 at 6:24 AM
News IconBRIEF-PHH Corp comments on settlement with U.S. Department of Justice
www.businessinsider.com - August 9 at 6:24 AM
finance.yahoo.com logoPHH Corporation Announces Second Quarter 2017 Results
finance.yahoo.com - August 9 at 6:23 AM
finance.yahoo.com logoPHH to pay $74.5M to settle probe into alleged defective mortgage loans
finance.yahoo.com - August 9 at 6:23 AM
finance.yahoo.com logo[$$] PHH to Pay $75 Million Over Mortgage Underwriting
finance.yahoo.com - August 9 at 6:23 AM
americanbankingnews.com logoPHH Corp (NYSE:PHH) Announces Quarterly Earnings Results, Beats Estimates By $0.30 EPS
www.americanbankingnews.com - August 8 at 8:44 PM
marketbeat.com logoMortgage lender PHH agrees to pay $74 million settlement
marketbeat.com - August 8 at 12:23 PM
americanbankingnews.com logoPHH Corp (PHH) versus EZCORP (EZPW) Head-To-Head Contrast
www.americanbankingnews.com - August 3 at 6:34 PM
finance.yahoo.com logoPHH 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
americanbankingnews.com logoPHH Corp (PHH) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 1 at 10:49 AM
finance.yahoo.com logoPHH Corporation Announces Second Quarter 2017 Earnings Release and Conference Call Schedule
finance.yahoo.com - July 26 at 6:22 AM
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

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Chart

PHH Corp (PHH) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff