Home Point Capital Inc.

NasdaqGS:HMPT Stock Report

Market Cap: US$321.4m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

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 percentage70.83%
CEO tenure8.6yrs
CEO ownership0.7%
Management average tenure2.4yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

Analysis Article Mar 11

Analysts Just Made A Major Revision To Their Home Point Capital Inc. (NASDAQ:HMPT) Revenue Forecasts

The analysts covering Home Point Capital Inc. ( NASDAQ:HMPT ) delivered a dose of negativity to shareholders today, by...
Seeking Alpha Aug 11

Home Point Capital GAAP EPS of -$0.32 misses by $0.30, revenue of $70M misses by $42.88M

Home Point Capital press release (NASDAQ:HMPT): Q2 GAAP EPS of -$0.32 misses by $0.30. Revenue of $70M (-17.1% Y/Y) misses by $42.88M. Quarterly funded origination volume was $9.3B, compared to $25.5B in the second quarter of 2021, and $12.6B in the first quarter of 2022.
Analysis Article May 15

These Analysts Just Made A Massive Downgrade To Their Home Point Capital Inc. (NASDAQ:HMPT) EPS Forecasts

Today is shaping up negative for Home Point Capital Inc. ( NASDAQ:HMPT ) shareholders, with the analysts delivering a...
Seeking Alpha Mar 09

Home Point Capital Cuts Costs As It Contends With Challenging 2022 Year

Home Point Capital went public in January 2021, raising $94 million for selling shareholders in an IPO. The firm originates and services residential home mortgages in the U.S. HMPT has seen sharply lower refinance volumes and is hunkering down with a focus on cost-cutting for 2022. Given near-term prospects for higher inflation and interest rates resulting in further demand destruction amid industry overcapacity, I'm on Hold for HMPT.
Analysis Article Aug 16

These Analysts Just Made A Massive Downgrade To Their Home Point Capital Inc. (NASDAQ:HMPT) EPS Forecasts

One thing we could say about the analysts on Home Point Capital Inc. ( NASDAQ:HMPT ) - they aren't optimistic, having...
Analysis Article Aug 12

Results: Home Point Capital Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts

It's been a mediocre week for Home Point Capital Inc. ( NASDAQ:HMPT ) shareholders, with the stock dropping 12% to...
Analysis Article May 08

Analysts Just Made A Major Revision To Their Home Point Capital Inc. (NASDAQ:HMPT) Revenue Forecasts

The latest analyst coverage could presage a bad day for Home Point Capital Inc. ( NASDAQ:HMPT ), with the analysts...

CEO Compensation Analysis

How has Willie Newman's remuneration changed compared to Home Point Capital's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

-US$309m

Dec 31 2022US$706kUS$500k

-US$163m

Sep 30 2022n/an/a

-US$107m

Jun 30 2022n/an/a

US$58m

Mar 31 2022n/an/a

US$29m

Dec 31 2021US$1mUS$423k

US$166m

Sep 30 2021n/an/a

US$331m

Jun 30 2021n/an/a

US$524m

Mar 31 2021n/an/a

US$767m

Dec 31 2020US$4mUS$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

NamePositionTenureCompensationOwnership
William Newman
President8.6yrsUS$705.89k0.74%
$ 2.4m
Jean Weng
General Counsel & Corporate Secretary2.4yrsUS$716.12k0.020%
$ 62.8k
Lisa Patterson
Chief Administrative Officer1.6yrsno data0.039%
$ 125.1k
Lesley Alli
Chief Investor & Industry Relations Officerno datano datano data
2.4yrs
Average Tenure
57yo
Average Age

Experienced Management: HMPT's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Newman
President8.6yrsUS$705.89k0.74%
$ 2.4m
Andrew Bon Salle
Chairperson of the Board2.6yrsUS$1.50m0.054%
$ 172.5k
Eric Rosenzweig
Director8.6yrsno datano data
Timothy Morse
Independent Director2.5yrsUS$252.56k0.0094%
$ 30.1k
Laurie Goodman
Independent Director2.5yrsUS$252.56k0.0094%
$ 30.1k
Stephen Levey
Director8.6yrsno datano data
Agha Khan
Director8.6yrsno datano data
Joanna Zabriskie
Independent Director1.6yrsUS$136.61k0%
$ 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

DataLast Updated (UTC time)
Company Analysis2023/08/02 13:00
End of Day Share Price 2023/07/31 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Home Point Capital Inc. is covered by 9 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.

AnalystInstitution
Mihir BhatiaBofA Global Research
Steven DelaneyCitizens JMP Securities, LLC
Ryan NashGoldman Sachs