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:
- Industry: Consumer Lending
- Sub-Industry: N/A
- Sector: N/A
- Symbol: NYSE:SGM
- CUSIP: N/A
- Web: www.stonegatemtg.com
- Debt-to-Equity Ratio: 4.51%
- Current Ratio: 8.79%
- Quick Ratio: 8.79%
- Trailing EPS: $1.16
- Net Margins: -13.22%
- Return on Equity: -6.70%
- Return on Assets: -1.57%
- Employees: 927
- Outstanding Shares: 25,850,000
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) issued its quarterly earnings results on Thursday, November, 3rd. The financial services provider reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.31. The financial services provider had revenue of $66.30 million for the quarter, compared to analyst estimates 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 company's quarterly revenue was up 159.3% compared to the same quarter last year. During the same period last year, the company earned $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?
1 brokers have issued 1-year 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 stock 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 Enviva Partners, LP (EVA), American Renal Associates Holdings (ARA), Western Asset Mortgage Capital Corporation (WMC), Team (TISI), GP Strategies Corporation (GPX), Carriage Services (CSV), AquaVenture Holdings (WAAS), Vivint Solar (VSLR), NQ Mobile (NQ), Nautilus Group, Inc. (The) (NLS), City Office REIT (CIO), OFG Bancorp (OFG), Pike Corp (PIKE), Fly Leasing Limited (FLY), Gener8 Maritime (GNRT), Veritiv Corporation (VRTV), Park Electrochemical Corporation (PKE) and Ameresco (AMRC).
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
- , Bio & Compensation -
- Michael Giampaolo, Executive Vice President - Stonegate Direct
- , Bio & Compensation -
- 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Stonegate Mortgage Corp's stock price today?
One share of Stonegate Mortgage Corp stock can currently be purchased for approximately $7.99.
How big of a company is Stonegate Mortgage Corp?
Stonegate Mortgage Corp has a market capitalization of $206.32 million. Stonegate Mortgage Corp employs 927 workers across the globe.
How can I contact Stonegate Mortgage Corp?
Stonegate Mortgage Corp's mailing address is 9190 Priority Way West Dr Ste 300, INDIANAPOLIS, IN 46240-1437, United States. The financial services provider can be reached via phone at +1-317-6635100.
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.
Analysts' Consensus Rating for Stonegate Mortgage Corp (NYSE:SGM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 1 Hold Rating, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|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 11/19/2015 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|
Earnings History and Estimates Chart 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)
No earnings estimates for this company have been tracked by MarketBeat.com
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%
Institutional Ownership Percentage: 44.27%
Insider Trades by Quarter for Stonegate Mortgage Corp (NYSE SGM)
(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|| |
Latest Headlines for Stonegate Mortgage Corp (NYSE SGM)
|Contrasting Stonegate Mortgage Corp (SGM) and Its Competitors|
www.americanbankingnews.com - November 18 at 11:32 PM
|Financial Review: Stonegate Mortgage Corp (SGM) & Its Rivals|
www.americanbankingnews.com - November 18 at 9:08 PM
|Reviewing PHH (PHH) and Stonegate Mortgage Corp (SGM)|
www.americanbankingnews.com - November 18 at 5:42 PM
|Contrasting Stonegate Mortgage Corp (SGM) & LendingTree (TREE)|
www.americanbankingnews.com - November 16 at 5:08 PM
|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 (NYSE SGM) Chart for Sunday, November, 19, 2017