Home Capital Group (HCG) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Home Capital Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HCG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HCG, but not buy additional shares or sell existing shares.
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2 brokers have issued 12 month price targets for Home Capital Group's stock. Their HCG share price forecasts range from C$44.00 to C$44.00. On average, they predict the company's stock price to reach C$44.00 in the next year. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for HCG or view top-rated stocks among Wall Street analysts.

Home Capital Group's stock was trading at C$42.58 on January 1st, 2023. Since then, HCG stock has increased by 3.9% and is now trading at C$44.26.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our HCG earnings forecast.

Home Capital Group Inc. (TSE:HCG) posted its earnings results on Thursday, August, 3rd. The company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.19 by $0.38. The company earned $148.10 million during the quarter, compared to analyst estimates of $139.60 million. Home Capital Group had a trailing twelve-month return on equity of 10.77% and a net margin of 33.98%.

Home Capital Group declared a quarterly dividend on Wednesday, August 30th. Investors of record on Friday, September 15th will be paid a dividend of 0.15 per share on Friday, September 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Wednesday, August 30th.
Read our dividend analysis for HCG.

Home Capital Group (TSE:HCG) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 1.36%. The dividend payout ratio is 13.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HCG.

Based on aggregate information from My MarketBeat watchlists, some companies that other Home Capital Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Air Canada (AC), Intelsat (I) and Open Text (OTEX).

Home Capital Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HCG."

Shares of HCG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of HCG stock can currently be purchased for approximately C$44.26.

Home Capital Group (TSE:HCG) has a market capitalization of C$1.69 billion and generates C$512.55 million in revenue each year. The company earns C$174.16 million in net income (profit) each year or C$4.48 on an earnings per share basis.

The company employs 836 workers across the globe.

Home Capital Group's mailing address is 145 King St W Suite 2300, TORONTO, ON M5H 1J8, Canada. The official website for the company is www.homecapital.com. The company can be reached via phone at 416-360-4663.