Last $24.10 USD
Change Today +0.03 / 0.12%
Volume 390.6K
As of 4:15 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

phh corp (PHH) Snapshot

Open
$24.09
Previous Close
$24.07
Day High
$24.25
Day Low
$23.91
52 Week High
03/6/14 - $27.13
52 Week Low
09/11/13 - $20.62
Market Cap
1.4B
Average Volume 10 Days
554.2K
EPS TTM
$-0.40
Shares Outstanding
57.4M
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
Senior Vice President, General Counsel, Corpo...
Total Annual Compensation: $360.4K
Compensation as of Fiscal Year 2013.

phh corp (PHH) Key Developments

PHH Corporation Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Second Half of Full Year 2014, First Half of 2015 and Second Half of Full Year 2015

PHH Corporation announced financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net revenues of $196 million against $415 million a year ago. Loss from continuing operations before income taxes was $21 million against profit from operations before income taxes of $133 million a year ago. Loss from continuing operations, net of tax was $9 million against income from operations net of tax of $86 million a year ago. Net loss attributable to company was $59 million against net income attributable to company of $90 million a year ago. Diluted loss per share from continuing operations was $0.23 against earnings per diluted share from continuing operations of $1.15 a year ago. Diluted loss per share was $1.02 against diluted earrings per share of $1.40 a year ago. Core loss (after-tax) and core loss per share for the quarter were $18 million and $0.31, respectively. For the six months, the company reported net revenues of $307 million against $751 million a year ago. Loss from continuing operations before income taxes was $114 million against profit from operations before income taxes of $205 million a year ago. Loss from continuing operations, net of tax was $69 million against income from operations net of tax of $134 million a year ago. Net loss attributable to company was $101 million against net income attributable to company of $142 million a year ago. Diluted loss per share from continuing operations was $1.23 against earnings per diluted share from continuing operations of $1.68 a year ago. Diluted loss per share was $1.75 against diluted earrings per share of $2.18 a year ago. Tangible book value per share as at June 30, 2014 was $26.49. Core loss (after-tax) and core loss per share were $52 million and $0.91, respectively against $22 million or $0.38 per share a year ago. The company reported that assuming current market conditions and interest rate levels persist, it expects to report negative core earnings on a consolidated basis in second half of 2014 and in the first half of 2015. However, with the expected implementation of its reengineering initiatives over the next 6 to 12 months, it anticipates reporting positive core earnings for the second half of 2015.

PHH Corporation to Report Q2, 2014 Results on Aug 04, 2014

PHH Corporation announced that they will report Q2, 2014 results After-Market on Aug 04, 2014

PHH Corporation, Q2 2014 Earnings Call, Aug 05, 2014

PHH Corporation, Q2 2014 Earnings Call, Aug 05, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PHH:US $24.10 USD +0.03

PHH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PHH.
View Industry Companies
 

Industry Analysis

PHH

Industry Average

Valuation PHH Industry Range
No financial data is available for PHH.
 | 

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.