Home Capital Group (HCG.TO) Buy, Sell or Hold

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Home Capital Group (HCG.TO)

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44.26

-0.00 (0.00%)

as of Sep 1, 2023, 8:00:00 pm Market Open.

104 watching

TOP PICK

Non-prime mortgage lending market. Have had ROE of over 20% 20 years in a row. EPS has grown 25% per annum compound. Trading at only 8X this year's earnings. Also pays a dividend.

STRONG BUY

Mortgages. Very cheap at 8X earnings. Terrific track record over the last 4 years of raising dividends. Smart management. Terrific balance sheet. $55 when markets recover.

PAST TOP PICK

(A Top Pick Aug 30/10. Up 12.85%.) Even through the last 2 economic downturns, the ROE has never gone below 20%.

TOP PICK

Have done a phenomenal job of growing their earnings over the last 15 years, more than 20% per annum. Just raised their dividend by 11%. Cheap at less than 9X this year's earnings.

BUY

Moved to IFRS on Jan 1. Accounting has become quite confusing. The liability looks different on the balance sheet but nothing has actually changed. A large position for him.

PAST TOP PICK

(A Top Pick Aug 10/10. Up 15.15%.) Sub prime lender in Canada. Canada probably won't raise interest rates which is very good for the housing industry. Expect them to continue showing double-digit earnings growth. Still buying it.

DON'T BUY

Well-managed company – interesting business – mortgage business, competing with banks but doing a pretty good job. Sold on the way down in 2008 but probably shouldn’t have. The yield is too small for him, but they have a great record of increasing the yield year over year. His problem is that the management is fairly new. Gone through 3 or 4 presidents in the last few years.

PAST TOP PICK

(A Top Pick June 29/10. Up 24.2%.) Has earned more than 20% a year for 15 years. Great growth story. Currently trading at 7-8 times next year's earnings. Very undervalued.

TOP PICK

Looking for stocks that haven't participated, and this one was down $4-$5 in June, for no reason that he can see. Has an ROE that has doubled the banks. Trading at same price to book level as the banks and at 9X earnings versus their 12X. Will show a lot better growth.

HOLD

It only seems expensive. It has finally come off. He is reticent because the Canadian real estate market looks a little extended. You should see a little pull back. HCG has to be down a little more to be in buy territory.

TOP PICK

Has had an ROE of 15% for 15 years in a row. Been consolidating for the last 4 or 5 months. One of the lowest P/E ratios in the financial services sector and one of the highest ROEs. One of the least levered in Canada. 1.3% yield.

STRONG BUY

Non-standard mortgage originator. Just reported very strong earnings. Loan loss ratio has been terrific. Trades at a lower multiple than the banks with a much lower dividend yield (1.2%).

PAST TOP PICK

(Top Pick Apr 20/10, Up 28.07% total return) Still an excellent entry point. Canadian mortgage market is on fire. The only alternative mortgage lender of any significance. Management is top notch. Biggest risk is a melt down in Canadian real estate prices.

PAST TOP PICK

(A Top Pick April 20/10. Up 33.92%.) Biggest risk for them is a drop in housing prices in Canada. Only Buy on a pull back.

PAST TOP PICK

(A Top Pick Jan 4/10. Up 32.8%.) Still a Buy. Mortgage rules have changed so growth may less robust but still cheap at 10X earnings.

Showing 286 to 300 of 383 entries

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Home Capital Group (HCG.TO)