TSE:HCG

Home Capital Group (HCG.TO)

44.26
-0.00 (0.00%)
as of Sep 1, 2023, 8:00:00 pm Market Open.
104 watching
0
PAST TOP PICK
(A Top Pick Jan 22/10. Up 42.17%.) High ROE and low PE ratio. Very sound business model. Strong management.
PAST TOP PICK
(A Top Pick April 30/10. Up 9.33%.) Still Likes.
TOP PICK
Expect them to earn $5.40 next year and is only trading at 8X earnings. Dividend has gone up very steadily in the last 5 years.
BUY
It’s hard to get disappointed when you have 30% earnings growth and raise dividend 12%. Stock has done very well. They keep putting the puck in the net. No end in sight to the earnings growth. 10-15% a year by gaining market share and relationships with mortgage brokers. Biggest risk is tanking of the real estate market.
HOLD
Took quite a pasting with the selloff in the market. Well managed and very solid operation. Excellent earnings record. Might be a little frothy right now.
BUY
Financial services. Superbly run company. Excellent predictability from quarter to quarter. Could easily have been one of his Top picks.
WEAK BUY
Low yielder but it’s a grower of dividends, 33% over the last 5 years.
BUY
Well run company. Caters to those who are entrepreneurs and immigrants. Chomping on the bit to raise its dividend.
TOP PICK
Financial services. 6.9X earnings. Growth is at 25% a year. Expect they will raise their dividend by 50% once the Bank of Canada lifts the lid on bank/trust companies. 1.5% yield.
TOP PICK
Canadian banks’ lending standards are getting tougher. This company is a strong, disciplined, secured lender or equity-based lender. This environment has a lot of good clients that may not necessarily pass the grade for tier 1 institutions.
TOP PICK
Mortgage lender. Housing as peaked in Canada. HCG could have tremendous profits, though. Innovative managers. They are launching a visa card. Launching commercial real estate. Adding more mortgage brokers and in more areas. Can earn $5 this year and $5.50 next year. Capital ratios are better than any bank in Canada. Potential for increasing dividend. Stock was sideswiped because of cooling real estate market.
PAST TOP PICK
(A Top Pick Oct 16/09. Up 21.65%.) Biggest position in both of his funds.
HOLD
Mortgage lender specializing in self employed, immigrants, etc. outside of urban centres. 1.4% yield.
BUY
He is a believer. They have done very well. Loan losses are less than the banks. Credit card division has done very well. Well-managed company that raises it dividend regularly and likely to keep rising. Risk is if Real Estate does in Canada what it did in parts of the US. He doesn’t see bubble conditions.
TOP PICK
Mortgage lender that specializes in self employed, immigrants, etc. Well managed. With new mortgage rules they should have a great Q2. Least levered bank or trust company in Canada.
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