Last $24.34 USD
Change Today +0.10 / 0.41%
Volume 232.8K
PHH On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

phh corp (PHH) Snapshot

Open
$24.19
Previous Close
$24.24
Day High
$24.60
Day Low
$24.19
52 Week High
03/6/14 - $27.13
52 Week Low
05/8/14 - $20.98
Market Cap
1.2B
Average Volume 10 Days
555.5K
EPS TTM
$-3.80
Shares Outstanding
51.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PHH CORP (PHH)

phh corp (PHH) Related Businessweek News

View More BusinessWeek News

phh corp (PHH) Details

PHH Corporation provides outsourced mortgage and fleet management services in the United States and Canada. The company operates through three segments: Mortgage Production, Mortgage Servicing, and Fleet Management Services. The Mortgage Production segment provides private-label mortgage services to financial institutions and real estate brokers; and originates, purchases, and sells mortgage loans. The Mortgage Servicing segment services mortgage loans, purchases mortgage servicing rights, and acts as sub servicer for clients that own the underlying servicing rights; collects loan payments; remits principal and interest payments to investors; manages escrow funds for the payment of mortgage-related expenses, such as taxes and insurance; and performs loss mitigation activities on behalf of investors. This segment also offers reinsurance services. The Fleet Management Services segment provides fleet management services, including vehicle leasing, fleet policy analysis and recommendations, benchmarking, vehicle recommendations, ordering and purchasing vehicles, and arranging for vehicle delivery and administration of the title and registration process, as well as tax and insurance requirements, pursuing warranty claims, and remarketing used vehicles. This segment also offers vehicle maintenance service cards to facilitate payment for repairs and maintenance; accident management services; driver safety training services, including classroom and behind the wheel training for small groups or individual drivers taught by professional driving instructors; and fuel card programs that facilitate the payment, monitoring, and control of fuel purchases to corporate clients and government agencies. PHH Corporation was founded in 1946 and is based in Mount Laurel, New Jersey.

phh corp (PHH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $857.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $446.5K
Chief Legal Officer, Senior Vice President, G...
Total Annual Compensation: $360.4K
Senior Vice President of PHH Mortgage and Gen...
Total Annual Compensation: $340.7K
Compensation as of Fiscal Year 2013.

phh corp (PHH) Key Developments

PHH Corporation Provides Consolidated Earnings Guidance for the First Half of 2015; Provides Earnings Guidance for the Second Half of 2015

PHH Corporation provided consolidated earnings guidance for the first half of 2015. The company continues to expect to report negative core earnings on a consolidated basis through the first half of 2015. The company provided earnings guidance for the second half of 2015. Assuming market conditions and interest rate levels experienced in the second half of 2014 persist, with the implementation of its reengineering and growth initiatives, the company anticipates reporting positive core earnings for the second half of 2015, excluding onetime items.

PHH Corporation Seeks Acquisitions

PHH Corporation (NYSE:PHH) is seeking acquisitions. Glen Messina, Chief Executive Officer and President, said related to acquisition target of $80 billion, We do believe we're going to pursue both organic and inorganic growth opportunities to achieve the $80 billion target."

PHH Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

PHH Corporation reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net revenues of $180 million compared to $238 million a year ago. Loss from continuing operations before income taxes was $41 million compared to income from continuing operations before income taxes of $36 million a year ago. Net loss from continuing operations attributable to the company of $32 million compared to net income from continuing operations attributable to the company of $28 million a year ago. Net loss attributable to the company was $33 million compared to net income attributable to the company of $45 million a year ago. Diluted loss per share from continuing operations was $0.62 compared to diluted earnings per share of $0.41 a year ago. Non-GAAP pre-tax core loss was $30 million compared to $11 million a year ago. Non-GAAP Core loss after-tax was $24 million compared to $1 million a year ago. Core loss per share was $0.47 compared to $0.02 a year ago. Adjusted cash flow was negative at $182 million compared to Adjusted cash flow of $104 million a year ago. Tangible book value per share was $30.21 at December 31, 2014, up 7% from $28.15 at December 31, 2013. For the full year, the company reported net revenues of $639 million compared to $1,200 million a year ago. Loss from continuing operations before income taxes was $284 million compared to income from continuing operations before income taxes of $140 million a year ago. Net loss from continuing operations attributable to the company of $191 million compared to net income from continuing operations attributable to the company of $69 million a year ago. Net income attributable to the company was $81 million compared to net income attributable to the company of $135 million a year ago. Diluted loss per share from continuing operations was $3.47 compared to diluted earnings per share of $1.05 a year ago. Non-GAAP pre-tax core loss was $207 million compared to $146 million a year ago. Non-GAAP Core loss after-tax was $140 million compared to $85 million a year ago. Core loss per share was $2.55 compared to $1.47 a year ago. Adjusted cash flow was $758 million compared to $303 million a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PHH:US $24.34 USD +0.10

PHH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Flagstar Bancorp Inc $14.86 USD +0.21
Home Loan Servicing Solutions Ltd $18.56 USD -0.14
Nationstar Mortgage Holdings Inc $27.05 USD -4.24
Ocwen Financial Corp $9.78 USD +0.34
Walter Investment Management Corp $18.96 USD -3.69
View Industry Companies
 

Industry Analysis

PHH

Industry Average

Valuation PHH Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.3x
Price/Book 0.8x
Price/Cash Flow 11.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PHH CORP, please visit www.phh.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.