Home Point Capital is evolving the homebuying and home ownership experience. Home Point Capital’s primary business entity, Home Point Financial Corporation, is a leading mortgage originator and servicer focused on driving financially healthy and successful homeownership. Through additional wholly owned subsidiaries Home Point Mortgage Acceptance Corporation and Home Point Asset Management, the company supports sustainable homeownership as a crucial element of each consumer’s broader journey towards financial security and well-being, delivering a seamless and less stressful homebuying experience. Founded in 2015 and headquartered in Ann Arbor, Michigan, Homepoint works closely with a nationwide network of more than 5,500 mortgage broker and correspondent partners with deep knowledge and expertise about the communities and customers they serve. Today, Homepoint is the nation’s third-largest wholesale mortgage lender and the 10th-largest non-bank mortgage lender. Home Point Financial Corporation d/b/a Homepoint. NMLS No. 7706 (For licensing information, go to: nmlsconsumeraccess.org). Home Point Financial Corporation does not conduct business under the name,
Company profile
Ticker
HMPT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
HPC Insurance Agency, LLC • Home Point Financial Corporation • HPFC Sub 1 LLC ...
IRS number
471776572
HMPT stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
11 Aug 23
8-K
Termination of a Material Definitive Agreement
1 Aug 23
SC 14D9/A
Tender offer solicitation (amended)
1 Aug 23
25-NSE
Exchange delisting
1 Aug 23
SC TO-T/A
Third party tender offer statement (amended)
1 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Aug 23
8-K
Other Events
28 Jul 23
SC 14D9/A
Tender offer solicitation (amended)
28 Jul 23
SC TO-T/A
Third party tender offer statement (amended)
28 Jul 23
SC 14D9/A
Tender offer solicitation (amended)
24 Jul 23
Transcripts
HMPT
Earnings call transcript
2022 Q4
9 Mar 23
HMPT
Earnings call transcript
2022 Q3
13 Nov 22
HMPT
Earnings call transcript
2022 Q2
14 Aug 22
HMPT
Earnings call transcript
2022 Q1
14 May 22
HMPT
Earnings call transcript
2021 Q4
24 Feb 22
HMPT
Earnings call transcript
2021 Q3
6 Nov 21
HMPT
Earnings call transcript
2021 Q2
10 Aug 21
HMPT
Earnings call transcript
2021 Q1
8 May 21
Latest ownership filings
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
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Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 110.28 mm | 110.28 mm | 110.28 mm | 110.28 mm | 110.28 mm | |
Cash burn (monthly) | (no burn) | 7.29 mm | 18.46 mm | (no burn) | (no burn) | |
Cash used (since last report) | n/a | 86.94 mm | 220.26 mm | n/a | n/a | |
Cash remaining | n/a | 23.34 mm | -109.98 mm | n/a | n/a | |
Runway (months of cash) | n/a | 3.2 | -6.0 | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 44 |
Opened positions | 8 |
Closed positions | 4 |
Increased positions | 13 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 303.81 bn |
Total shares | 259.64 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Stone Point Capital | 127.77 mm | $296.43 bn |
Trident VI | 127.77 mm | $574.97 mm |
Highland Capital Management Fund Advisors | 565.93 k | $1.31 bn |
Trium Capital | 562.87 k | $1.31 mm |
BLK Blackrock | 512.44 k | $1.19 bn |
PenderFund Capital Management | 435.53 k | $1.34 mm |
Gardner Lewis Asset Management L P | 405.05 k | $939.71 mm |
Bridgeway Capital Management | 338.00 k | $784.16 mm |
Ergoteles | 217.44 k | $504.45 mm |
Geode Capital Management | 201.89 k | $468.39 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 23 | William Andrew Newman | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 1,022,138 | 0.00 | 0 |
1 Aug 23 | William Andrew Newman | Stock Option Common Stock | Sale back to company | Dispose D | No | No | 1.77 | 1,011,137 | 1.79 mm | 0 |
1 Aug 23 | Jean Weng | Common Stock | Sale back to company | Dispose D | No | No | 0 | 27,058 | 0.00 | 0 |
1 Aug 23 | Jean Weng | Performance Stock Units Common Stock | Sale back to company | Dispose D | No | No | 0 | 85,947 | 0.00 | 0 |
1 Aug 23 | Jean Weng | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 39,642 | 0.00 | 0 |
1 Aug 23 | Timothy R. Morse | Common Stock | Sale back to company | Dispose D | No | No | 0 | 12,964 | 0.00 | 0 |
1 Aug 23 | Timothy R. Morse | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 26,385 | 0.00 | 0 |
1 Aug 23 | Trident VI | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 3,825,918 | 0.00 | 0 |
1 Aug 23 | Trident VI | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 1,142,824 | 0.00 | 0 |
1 Aug 23 | Trident VI | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 53,924,166 | 0.00 | 0 |