PHH Company Profile (NYSE:PHH)

About PHH (NYSE:PHH)

PHH 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: Financials
  • Industry: Consumer Lending
  • Sub-Industry: Specialized Finance
  • Symbol: NYSE:PHH
  • CUSIP: 69332020
  • Web: www.phh.com
Capitalization:
  • Market Cap: $704.94 million
  • Outstanding Shares: 51,306,000
Average Prices:
  • 50 Day Moving Avg: $13.76
  • 200 Day Moving Avg: $13.65
  • 52 Week Range: $11.76 - $15.70
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -7.55
  • P/E Growth: -4.39
Sales & Book Value:
  • Annual Revenue: $734 million
  • Price / Sales: 0.96
  • Book Value: $18.38 per share
  • Price / Book: 0.75
Profitability:
  • Net Margins: -42.37%
  • Return on Equity: -18.65%
  • Return on Assets: -6.97%
Debt:
  • Debt-to-Equity Ratio: 1.34%
  • Current Ratio: 5.61%
  • Quick Ratio: 5.61%
Misc:
  • Average Volume: 446,352 shs.
  • Beta: 1.87
  • Short Ratio: 5.76
 

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 will PHH's stock buyback program work?

PHH announced that its Board of Directors has authorized a stock buyback program on Wednesday, August 9th 2017, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 26.9% of its shares through a dutch auction. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

How were PHH's earnings last quarter?

PHH Co. (NYSE:PHH) posted its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.81) earnings per share for the quarter, beating the consensus estimate of ($1.31) by $0.50. The business had revenue of $112 million for the quarter, compared to analysts' expectations of $121.80 million. PHH had a negative net margin of 42.37% and a negative return on equity of 18.65%. The firm's quarterly revenue was down 42.9% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.08) EPS. View PHH's Earnings History.

When will PHH make its next earnings announcement?

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

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

3 brokerages have issued 12-month price targets for PHH's shares. Their predictions range from $14.50 to $18.00. On average, they expect PHH's stock price to reach $15.83 in the next twelve months. View Analyst Ratings for PHH.

Who are some of PHH's key competitors?

Who are PHH's key executives?

PHH'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
  • Stephen Staid, Senior Vice President - Servicing
  • James O. Egan, Non-Executive Independent Chairman of the Board
  • James C. Neuhauser, Director
  • Kevin Stein, Director

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.

What is PHH's stock price today?

One share of PHH stock can currently be purchased for approximately $13.74.


MarketBeat Community Rating for PHH (NYSE PHH)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  334
MarketBeat's community ratings are surveys of what our community members think about PHH 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 (NYSE:PHH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $15.83 (15.24% upside)
Consensus Price Target History for PHH (NYSE:PHH)
Price Target History for PHH (NYSE:PHH)
Analysts' Ratings History for PHH (NYSE:PHH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017Keefe, Bruyette & WoodsReiterated RatingHold$15.00LowView Rating Details
6/20/2017WedbushDowngradeOutperform -> Neutral$14.50HighView Rating Details
1/4/2017Oppenheimer Holdings, Inc.Set Price TargetBuy$18.00N/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 10/21/2015 forward)

Earnings

Earnings History for PHH (NYSE:PHH)
Earnings by Quarter for PHH (NYSE:PHH)
Earnings History by Quarter for PHH (NYSE PHH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017($0.72)N/AView Earnings Details
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 (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 (NYSE:PHH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for PHH (NYSE:PHH)
Insider Ownership Percentage: 2.52%
Institutional Ownership Percentage: 97.42%
Insider Trades by Quarter for PHH (NYSE:PHH)
Institutional Ownership by Quarter for PHH (NYSE:PHH)
Insider Trades by Quarter for PHH (NYSE:PHH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017Kevin SteinDirectorSell825$14.00$11,550.00View SEC Filing  
9/11/2017Carroll R. WetzelDirectorSell21,000$14.25$299,250.00View SEC Filing  
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 (NYSE:PHH)
Latest Headlines for PHH (NYSE:PHH)
Source:
DateHeadline
finance.yahoo.com logoPHH Corp. breached its 50 day moving average in a Bearish Manner : PHH-US : October 13, 2017
finance.yahoo.com - October 14 at 6:49 AM
americanbankingnews.com logoPHH Corp (PHH) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 7 at 8:50 AM
americanbankingnews.com logoPHH Corp (PHH) Director Kevin Stein Sells 825 Shares
www.americanbankingnews.com - October 3 at 11:56 PM
finance.yahoo.com logoPHH Corp. breached its 50 day moving average in a Bullish Manner : PHH-US : September 28, 2017
finance.yahoo.com - October 3 at 10:42 AM
streetinsider.com logoForm 4 PHH CORP For: Sep 23 Filed by: Brown William F - StreetInsider.com
www.streetinsider.com - September 27 at 11:06 PM
americanbankingnews.com logoCritical Survey: Synchrony Financial (SYF) & PHH Corp (PHH)
www.americanbankingnews.com - September 27 at 8:43 AM
americanbankingnews.com logoPHH Corp (PHH) & Its Peers Critical Comparison
www.americanbankingnews.com - September 20 at 8:08 AM
finance.yahoo.com logoPHH Corporation Announces Final Results of Tender Offer
finance.yahoo.com - September 16 at 7:45 AM
americanbankingnews.com logoComparing PHH Corp (PHH) and The Competition
www.americanbankingnews.com - September 14 at 8:20 AM
finance.yahoo.com logoPHH 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
finance.yahoo.com logoPHH 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
americanbankingnews.com logoPHH Corp (PHH) Director Sells $299,250.00 in Stock
www.americanbankingnews.com - September 12 at 10:16 PM
americanbankingnews.com logoPHH Corp (PHH) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 12 at 11:16 AM
americanbankingnews.com logoPHH Corp (PHH) vs. its Peers Head to Head Comparison
www.americanbankingnews.com - September 12 at 11:00 AM
americanbankingnews.com logoPHH Corp's (PHH) "Hold" Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - September 12 at 9:30 AM
finance.yahoo.com logoPHH Corporation Announces Preliminary Results of Tender Offer
finance.yahoo.com - September 12 at 8:35 AM
americanbankingnews.com logoComparing Regional Management Corp. (RM) & PHH Corp (PHH)
www.americanbankingnews.com - September 11 at 10:56 AM
americanbankingnews.com logoPHH Corp (PHH) vs. Synchrony Financial (SYF) Head to Head Review
www.americanbankingnews.com - September 10 at 8:32 AM
americanbankingnews.com logoContrasting PHH Corp (PHH) and its Peers
www.americanbankingnews.com - September 10 at 12:24 AM
finance.yahoo.com logoETFs with exposure to PHH Corp. : September 9, 2017
finance.yahoo.com - September 9 at 7:24 AM
finance.yahoo.com logoETFs with exposure to PHH Corp. : September 9, 2017
finance.yahoo.com - September 9 at 7:24 AM
nytimes.com logoRepublicans Want to Sideline This Regulator. But It May Be Too Popular.
www.nytimes.com - September 1 at 7:14 AM
americanbankingnews.com logoReviewing Regional Management Corp. (RM) & PHH Corp (PHH)
www.americanbankingnews.com - August 30 at 10:20 AM
seekingalpha.com logoPHH Corp. extends time for self-tender
seekingalpha.com - August 26 at 8:16 AM
streetinsider.com logoPHH Corp. (PHH) Extends Offer Period to Purchase up to $266M of Its Common Stock
www.streetinsider.com - August 26 at 8:16 AM
finance.yahoo.com logoETFs with exposure to PHH Corp. : August 25, 2017
finance.yahoo.com - August 26 at 8:16 AM
americanbankingnews.com logoHead to Head Review: World Acceptance Corporation (WRLD) vs. PHH Corp (PHH)
www.americanbankingnews.com - August 26 at 12:22 AM
finance.yahoo.com logoPHH 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
reuters.com logoBRIEF-‍morgan Stanley reports 5.2 pct passive stake in PHH Corp as on Aug 9
www.reuters.com - August 18 at 7:08 AM
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

Social

Chart

PHH (PHH) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.