Home Point Capital Management
Management criteria checks 4/4
Home Point Capital's CEO is Willie Newman, appointed in Jan 2015, has a tenure of 8.58 years. total yearly compensation is $705.89K, comprised of 70.8% salary and 29.2% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth $2.37M. The average tenure of the management team and the board of directors is 2.4 years and 5.6 years respectively.
Key information
Willie Newman
Chief executive officer
US$705.9k
Total compensation
| CEO salary percentage | 70.8% |
| CEO tenure | 8.6yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.4yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Analysts Just Made A Major Revision To Their Home Point Capital Inc. (NASDAQ:HMPT) Revenue Forecasts
Mar 11
Home Point Capital GAAP EPS of -$0.32 misses by $0.30, revenue of $70M misses by $42.88M
Aug 11These Analysts Just Made A Massive Downgrade To Their Home Point Capital Inc. (NASDAQ:HMPT) EPS Forecasts
May 15Home Point Capital Cuts Costs As It Contends With Challenging 2022 Year
Mar 09These Analysts Just Made A Massive Downgrade To Their Home Point Capital Inc. (NASDAQ:HMPT) EPS Forecasts
Aug 16Results: Home Point Capital Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts
Aug 12Analysts Just Made A Major Revision To Their Home Point Capital Inc. (NASDAQ:HMPT) Revenue Forecasts
May 08Home Point Capital EPS beats by $0.37, misses on revenue
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -US$309m |
| Dec 31 2022 | US$706k | US$500k | -US$163m |
| Sep 30 2022 | n/a | n/a | -US$107m |
| Jun 30 2022 | n/a | n/a | US$58m |
| Mar 31 2022 | n/a | n/a | US$29m |
| Dec 31 2021 | US$1m | US$423k | US$166m |
| Sep 30 2021 | n/a | n/a | US$331m |
| Jun 30 2021 | n/a | n/a | US$524m |
| Mar 31 2021 | n/a | n/a | US$767m |
| Dec 31 2020 | US$4m | US$400k | US$607m |
Compensation vs Market: Willie's total compensation ($USD705.89K) is below average for companies of similar size in the US market ($USD2.23M).
Compensation vs Earnings: Willie's compensation has been consistent with company performance over the past year.
CEO
Willie Newman (58 yo)
8.6yrs
Tenure
US$705,891
Compensation
Mr. William Andrew Newman, also known as Willie, serves as the President, Chief Executive Officer and Director of Home Point Financial Corporation. He serves as the President of InterFirst Wholesale Mortga...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.6yrs | US$705.89k | 0.74% $ 2.4m | |
| General Counsel & Corporate Secretary | 2.4yrs | US$716.12k | 0.020% $ 62.8k | |
| Chief Administrative Officer | 1.6yrs | no data | 0.039% $ 125.1k | |
| Chief Investor & Industry Relations Officer | no data | no data | no data |
2.4yrs
Average Tenure
57yo
Average Age
Experienced Management: HMPT's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.6yrs | US$705.89k | 0.74% $ 2.4m | |
| Chairperson of the Board | 2.6yrs | US$1.50m | 0.054% $ 172.5k | |
| Director | 8.6yrs | no data | no data | |
| Independent Director | 2.5yrs | US$252.56k | 0.0094% $ 30.1k | |
| Independent Director | 2.5yrs | US$252.56k | 0.0094% $ 30.1k | |
| Director | 8.6yrs | no data | no data | |
| Director | 8.6yrs | no data | no data | |
| Independent Director | 1.6yrs | US$136.61k | 0% $ 0 |
5.6yrs
Average Tenure
55yo
Average Age
Experienced Board: HMPT's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/02 17:59 |
| End of Day Share Price | 2023/07/31 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Home Point Capital Inc. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mihir Bhatia | BofA Global Research |
| Douglas Harter | Credit Suisse |
| Ryan Nash | Goldman Sachs |