About Stonegate Mortgage Corp (NYSE:SGM)
Stonegate Mortgage Corporation is a non-bank mortgage company. The Company is focused on originating, financing and servicing the United States residential mortgage loans. The Company's segments include Originations, Servicing, Financing and Other. The Originations segment primarily originates and sells residential mortgage loans, which conform to the underwriting guidelines of the government sponsored enterprises and government agencies, and non-agency whole loan investors. The Servicing segment includes loan administration, collection and default activities, including the collection and remittance of loan payments, responding to customer inquiries, collection of principal and interest payments, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent mortgagors and modifying loans. The Financing segment includes warehouse-lending activities to correspondent customers by the Company's subsidiary, NattyMac, LLC.
Industry, Sector and Symbol:
- 50 Day Moving Avg: $7.96
- 200 Day Moving Avg: $6.96
- 52 Week Range: $3.16 - $8.03
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.41
- P/E Growth: 0.00
- Net Margins: -13.22%
- Return on Equity: -6.70%
- Return on Assets: -1.57%
- Debt-to-Equity Ratio: 4.51%
- Current Ratio: 8.79%
- Quick Ratio: 8.79%
- Average Volume: 29,095 shs.
- Beta: 1.48
Frequently Asked Questions for Stonegate Mortgage Corp (NYSE:SGM)
What is Stonegate Mortgage Corp's stock symbol?
Stonegate Mortgage Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "SGM."
How were Stonegate Mortgage Corp's earnings last quarter?
Stonegate Mortgage Corp (NYSE:SGM) released its quarterly earnings results on Thursday, November, 3rd. The company reported $0.42 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.31. The company earned $66.30 million during the quarter, compared to analysts' expectations of $50.15 million. Stonegate Mortgage Corp had a negative return on equity of 6.70% and a negative net margin of 13.22%. The business's revenue for the quarter was up 159.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.11 earnings per share. View Stonegate Mortgage Corp's Earnings History.
Where is Stonegate Mortgage Corp's stock going? Where will Stonegate Mortgage Corp's stock price be in 2017?
2 brokerages have issued 12 month target prices for Stonegate Mortgage Corp's shares. Their forecasts range from $6.00 to $6.00. On average, they expect Stonegate Mortgage Corp's share price to reach $6.00 in the next year. View Analyst Ratings for Stonegate Mortgage Corp.
Who are some of Stonegate Mortgage Corp's key competitors?
Some companies that are related to Stonegate Mortgage Corp include Synchrony Financial (SYF), Discover Financial Services (DFS), OneMain Holdings (OMF), Navient Corporation (NAVI), FirstCash (FCFS), Lendingtree (TREE), LendingClub Corporation (LC), Provident Financial plc (PFG), TPG RE Finance Trust (TRTX), World Acceptance Corporation (WRLD), PHH (PHH), EZCORP (EZPW), International Personal Finance Plc (IPF), Regional Management Corp. (RM), S & U PLC (SUS), Non-Standard Finance PLC (NSF), Morses Club PLC (MCL) and Fairpoint Group Plc (FRP).
Who are Stonegate Mortgage Corp's key executives?
Stonegate Mortgage Corp's management team includes the folowing people:
- Richard A. Kraemer, Chairman of the Board
- James V. Smith, President, Chief Executive Officer, Director
- Carrie P. Preston, Chief Financial Officer, Chief Accounting Officer
- David Dill, Executive Vice President - Loan Servicing
- Michael Giampaolo, Executive Vice President - Stonegate Direct
- Steve Landes, Executive Vice President - Loan Origination
- John Macke, Executive Vice President - Capital Markets
- Robert Meachum, Executive Vice President - Servicing
- Lisa A. Rogers, Executive Vice President - Third Party Origination
- Eric Scholtz, Executive Vice President - Structured Finance
How do I buy Stonegate Mortgage Corp stock?
Shares of Stonegate Mortgage 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 Stonegate Mortgage Corp's stock price today?
MarketBeat Community Rating for Stonegate Mortgage Corp (NYSE SGM)MarketBeat's community ratings are surveys of what our community members think about Stonegate Mortgage 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.
One share of Stonegate Mortgage Corp stock can currently be purchased for approximately $7.99.
Consensus Ratings for Stonegate Mortgage Corp (NYSE:SGM) (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: ||1 Hold Rating, 1 Buy Rating|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$6.00 (24.91% downside)|Consensus Price Target History for Stonegate Mortgage Corp (NYSE:SGM)
Analysts' Ratings History for Stonegate Mortgage Corp (NYSE:SGM)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/24/2016||Credit Suisse Group||Set Price Target||Hold||$6.00||N/A|
|11/8/2016||FBR & Co||Reiterated Rating||Buy||N/A|
|3/4/2016||Barclays PLC||Lower Price Target||Underweight||$5.00 -> $3.00||N/A|
|11/6/2015||Keefe, Bruyette & Woods||Lower Price Target||Market Perform||$10.50 -> $8.00||N/A|
Earnings History for Stonegate Mortgage Corp (NYSE:SGM)Earnings History by Quarter for Stonegate Mortgage Corp (NYSE SGM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2017||Q1 2017||$0.02||($0.09)||$50.90 million||$32.60 million||View||N/A|
|3/9/2017||Q4 2016||$0.03||$0.06||$56.10 million||$78.20 million||View||N/A|
|11/3/2016||Q316||$0.11||$0.42||$50.15 million||$66.30 million||View||N/A|
|8/4/2016||Q216||$0.01||$0.04||$43.10 million||$26.50 million||View||Listen|
|5/10/2016||Q116||$0.03||($0.12)||$42.92 million||$5.00 million||View||Listen|
|3/3/2016||Q415||$0.02||$0.05||$62.40 million||$46.82 million||View||Listen|
|11/4/2015||Q315||$0.10||$0.02||$70.87 million||$34.90 million||View||N/A|
|8/6/2015||Q215||$0.20||($0.06)||$73.73 million||$87.40 million||View||N/A|
|5/6/2015||Q115||$0.12||$0.17||$63.80 million||$52.80 million||View||N/A|
|2/26/2015||Q414||$2.25||($0.05)||$1.11 billion||$26.54 million||View||N/A|
|11/6/2014||Q314||$0.41||$0.15||$77.65 million||$63.10 million||View||N/A|
|8/7/2014||Q214||$0.28||$0.29||$62.80 million||$57.60 million||View||N/A|
|5/15/2014||Q114||$0.16||$0.13||$53.16 million||$38.30 million||View||N/A|
Earnings Estimates for Stonegate Mortgage Corp (NYSE:SGM)
Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.70 EPS
Dividend History for Stonegate Mortgage Corp (NYSE:SGM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Stonegate Mortgage Corp (NYSE:SGM)
Insider Ownership Percentage: 44.50%Insider Trades by Quarter for Stonegate Mortgage Corp (NYSE:SGM)
Institutional Ownership Percentage: 44.27%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/7/2016||American Financial Group Inc||Major Shareholder||Sell||30,000||$5.00||$150,000.00|| |
|12/3/2015||James V Smith||COO||Buy||10,000||$5.19||$51,900.00|| |
|11/9/2015||Richard A Kraemer||CEO||Buy||10,000||$5.03||$50,300.00|| |
|8/21/2015||Lisa A Rogers||EVP||Buy||5,000||$6.80||$34,000.00|| |
|3/5/2015||Lisa A Rogers||EVP||Buy||5,000||$9.57||$47,850.00|| |
|3/3/2015||Robert B Eastep||CFO||Buy||2,000||$9.95||$19,900.00|| |
|11/25/2014||Sam Levinson||Director||Buy||32,700||$11.64||$380,628.00|| |
|11/24/2014||Sam Levinson||Director||Buy||16,400||$11.55||$189,420.00|| |
|11/20/2014||Sam Levinson||Director||Buy||20,000||$11.58||$231,600.00|| |
|11/19/2014||Sam Levinson||Director||Buy||40,000||$11.62||$464,800.00|| |
|11/14/2014||Sam Levinson||Director||Buy||4,700||$11.75||$55,225.00|| |
|11/13/2014||Sam Levinson||Director||Buy||34,169||$11.70||$399,777.30|| |
|11/11/2014||Sam Levinson||Director||Buy||33,820||$11.77||$398,061.40|| |
|11/10/2014||Robert B Eastep||CFO||Buy||2,000||$11.79||$23,580.00|| |
|9/4/2014||Sam Levinson||Director||Buy||5,100||$13.99||$71,349.00|| |
|8/13/2014||Lisa A Rogers||EVP||Buy||10,000||$13.89||$138,900.00|| |
|8/13/2014||Sam Levinson||Director||Buy||21,191||$14.05||$297,733.55|| |
|8/12/2014||Sam Levinson||Director||Buy||150,181||$13.83||$2,077,003.23|| |
|8/11/2014||Robert B Eastep||CFO||Buy||2,400||$13.80||$33,120.00|| |
|6/12/2014||Steve Landes||Insider||Sell||15,000||$15.01||$225,150.00|| |
|6/3/2014||Richard A Kraemer||Director||Buy||10,000||$15.16||$151,600.00|| |
|5/19/2014||James Cutillo||CEO||Buy||7,500||$13.98||$104,850.00|| |
|5/19/2014||Robert Eastep||CFO||Buy||7,852||$13.78||$108,200.56|| |
|10/9/2013||Sam Levinson||Director||Buy||450,000||$16.00||$7,200,000.00|| |
Headline Trends for Stonegate Mortgage Corp (NYSE:SGM)
Latest Headlines for Stonegate Mortgage Corp (NYSE:SGM)
|Stonegate Mortgage Corp. :SGM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017|
finance.yahoo.com - October 6 at 9:53 AM
|ETFs with exposure to Stonegate Mortgage Corp. : May 31, 2017|
finance.yahoo.com - October 6 at 9:53 AM
|Edited Transcript of SGM earnings conference call or presentation 6-Aug-15 1:00pm GMT|
finance.yahoo.com - October 6 at 9:53 AM
|Stonegate Mortgage reports 1Q loss|
marketbeat.com - May 4 at 9:48 AM
|Stonegate Mortgage Corporation Reports First Quarter 2017 Financial Results|
feeds.benzinga.com - May 4 at 7:31 AM
|STONEGATE MORTGAGE MERGER INVESTIGATION ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Stonegate Mortgage Corporation|
feeds.benzinga.com - March 20 at 7:54 PM
|STONEGATE MORTGAGE CORPORATION (SGM) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Stonegate Mortgage Corporation|
us.rd.yahoo.com - March 16 at 4:15 PM
|Stonegate Mortgage Corp. :SGM-US: Earnings Analysis: Q4, 2016 By the Numbers : March 16, 2017|
us.rd.yahoo.com - March 16 at 4:15 PM
|STONEGATE MORTGAGE CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - March 13 at 7:29 PM
|Shellpoint Co-Originator Trust 2017-1 -- Moody's assigns provisional ratings to Prime RMBS issued by Shellpoint Co-Originator Trust 2017-1|
www.moodys.com - March 13 at 7:29 PM
|Q4 2016 Stonegate Mortgage Corp Earnings Release - Before Market Open|
us.rd.yahoo.com - March 10 at 12:47 AM
|STONEGATE MORTGAGE CORP Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 9 at 7:45 PM
|INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Stonegate Mortgage Corporation And Encourages Investors To Contact The Firm For Additional ...|
www.businesswire.com - February 6 at 7:54 PM
|SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Stonegate Mortgage ... - Business Wire (press release)|
www.businesswire.com - February 5 at 12:52 AM
|INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Stonegate Mortgage Corporation to Home Point Financial Corporation for $8.00 Per ...|
www.businesswire.com - January 31 at 11:09 PM
|Mid-Day Market Update: Crude Oil Down 2%; Stonegate Mortgage ... - Nasdaq|
www.nasdaq.com - January 29 at 8:04 AM
|Stonegate Mortgage (SGM) to Be Acquired by Home Point Financial in $211M Deal - StreetInsider.com|
www.streetinsider.com - January 29 at 8:04 AM
|Stonegate Mortgage (SGM) to Be Acquired by Home Point Financial in $211M Deal|
www.streetinsider.com - January 28 at 6:33 AM
|STONEGATE MORTGAGE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc|
biz.yahoo.com - January 28 at 6:32 AM
Stonegate Mortgage Corp (SGM) Chart for Saturday, October, 21, 2017