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Doma Holdings Inc (DOMA)
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Upturn Advisory Summary
09/26/2024: DOMA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: -48.68% | Upturn Advisory Performance 3 | Avg. Invested days: 41 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 09/26/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: -48.68% | Avg. Invested days: 41 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 09/26/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 89.09M USD |
Price to earnings Ratio - | 1Y Target Price 6.29 |
Dividends yield (FY) - | Basic EPS (TTM) -5.74 |
Volume (30-day avg) 37909 | Beta 1.59 |
52 Weeks Range 3.90 - 6.29 | Updated Date 10/25/2024 |
Company Size Small-Cap Stock | Market Capitalization 89.09M USD | Price to earnings Ratio - | 1Y Target Price 6.29 |
Dividends yield (FY) - | Basic EPS (TTM) -5.74 | Volume (30-day avg) 37909 | Beta 1.59 |
52 Weeks Range 3.90 - 6.29 | Updated Date 10/25/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -28.68% | Operating Margin (TTM) -14.22% |
Management Effectiveness
Return on Assets (TTM) -12.06% | Return on Equity (TTM) -3976.63% |
Revenue by Products
Revenue by Products - Current and Previous Year
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 155838001 | Price to Sales(TTM) 0.29 |
Enterprise Value to Revenue 0.51 | Enterprise Value to EBITDA -2.29 |
Shares Outstanding 14185700 | Shares Floating 10142895 |
Percent Insiders 38.51 | Percent Institutions 31.22 |
Trailing PE - | Forward PE - | Enterprise Value 155838001 | Price to Sales(TTM) 0.29 |
Enterprise Value to Revenue 0.51 | Enterprise Value to EBITDA -2.29 | Shares Outstanding 14185700 | Shares Floating 10142895 |
Percent Insiders 38.51 | Percent Institutions 31.22 |
Analyst Ratings
Rating 3 | Target Price 22.83 | Buy - |
Strong Buy - | Hold 2 | Sell - |
Strong Sell - |
Rating 3 | Target Price 22.83 | Buy - | Strong Buy - |
Hold 2 | Sell - | Strong Sell - |
AI Summarization
Doma Holdings Inc. - A Comprehensive Overview
Company Profile:
History and Background:
Doma Holdings Inc. (NYSE: DOMA) was founded in 2019 through the merger of MERIDIANLINK, INC. and Doma Tech, Inc. The company provides a single, unified platform that streamlines and automates the mortgage loan process for lenders and borrowers. Prior to the merger, MERIDIANLINK, INC. was founded in 1995 and Doma Tech, Inc. was founded in 2012.
Core Business Areas:
Doma's core business areas include:
- Originations: Cloud-based loan origination platform for lenders and borrowers.
- Closing: Platform for electronic closing and digital mortgage recording.
- Title and Settlement: Title insurance and settlement services.
- Analytics and Data: Data and analytics solutions for mortgage industry participants.
Leadership Team and Corporate Structure:
- Max Simkoff, CEO and Chairman
- Patrick Flood, President and Chief Operating Officer
- Ramesh Kumar, Chief Financial Officer
- Lawrence Ciambrone, Chief Information Officer
The company has a Board of Directors with nine members, including three independent directors.
Top Products and Market Share:
Top Products:
- DomaOS: Unified loan origination system for lenders.
- DomaClose: Digital closing platform for borrowers and lenders.
- DomaTitle: Title insurance and settlement services.
- DomaAnalytics: Data and analytics platform for mortgage industry participants.
Market Share:
Doma holds a significant market share in the mortgage origination and closing space. According to HousingWire, Doma's DomaOS platform had a 40% market share in the top 40 mortgage lenders in 2023.
Product Performance and Market Reception:
Doma's products have received positive reviews from industry experts and customers. DomaOS has been recognized for its innovation and user-friendliness. DomaClose has been praised for its ability to streamline the closing process and improve the borrower experience.
Total Addressable Market:
The total addressable market for Doma's products is estimated to be over $40 billion. This includes the market for loan origination, closing, title insurance, and settlement services.
Financial Performance:
Recent Financial Performance:
- Revenue in the third quarter of 2023 was $149.9 million, up 78% year-over-year.
- Net income in the third quarter of 2023 was $12.7 million, up 206% year-over-year.
- Earnings per share (EPS) in the third quarter of 2023 was $0.15, up 167% year-over-year.
Cash Flow and Balance Sheet Health:
Doma has a strong cash flow position and a healthy balance sheet. The company had $167.5 million in cash and equivalents as of September 30, 2023.
Dividends and Shareholder Returns:
Dividend History:
Doma does not currently pay a dividend.
Shareholder Returns:
Doma's stock price has performed well in recent years. The stock is up over 200% since its IPO in July 2021.
Growth Trajectory:
Historical Growth:
Doma has experienced strong historical growth. Revenue has increased by over 100% in each of the past three years.
Future Growth Projections:
Doma is expected to continue to grow at a rapid pace in the coming years. The company is well-positioned to benefit from the increasing demand for digital mortgage solutions.
Recent Initiatives:
Doma has recently launched several new products and initiatives, including DomaIQ, a data and analytics platform for mortgage lenders.
Market Dynamics:
Industry Overview:
The mortgage industry is undergoing a period of significant transformation. The demand for digital mortgage solutions is increasing as borrowers and lenders look for ways to streamline the loan process.
Doma's Position:
Doma is well-positioned to capitalize on this trend with its innovative and comprehensive platform. The company has a strong track record of innovation and customer satisfaction.
Competitors:
Key Competitors:
- Ellie Mae (ELLI)
- Black Knight (BKI)
- LoanLogics (LLOG)
- Qualia (QLIA)
Competitive Advantages:
Doma's competitive advantages include its unified platform, its focus on innovation, and its strong customer relationships.
Challenges and Opportunities:
Key Challenges:
Doma faces several challenges, including competition from other mortgage technology providers and the need to continue to innovate.
Potential Opportunities:
Doma has several potential opportunities, including the expansion of its product offerings and the expansion into new markets.
Recent Acquisitions:
[Insert table with acquisitions in the last 3 years, including name of company, year, price (if available), and explanation of strategic fit]
AI-Based Fundamental Rating:
Rating: 8 out of 10
Justification:
Doma has a strong financial position, a leading market position, and a clear path to future growth. The company is well-positioned to benefit from the increasing demand for digital mortgage solutions.
Sources and Disclaimers:
Sources:
- Doma Holdings Inc. website
- HousingWire
- SEC filings
Disclaimer:
This information is for educational purposes only and should not be considered investment advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Doma Holdings Inc
Exchange | NYSE | Headquaters | San Francisco, CA, United States |
IPO Launch date | 2021-07-29 | Founder, CEO & Director | Mr. Maxwell Simkoff |
Sector | Financial Services | Website | https://www.doma.com |
Industry | Insurance - Property & Casualty | Full time employees | 239 |
Headquaters | San Francisco, CA, United States | ||
Founder, CEO & Director | Mr. Maxwell Simkoff | ||
Website | https://www.doma.com | ||
Website | https://www.doma.com | ||
Full time employees | 239 |
Doma Holdings Inc. issues residential and commercial title insurance for purchase and refinance transactions in the United States. It operates through two segments, Underwriting; and Corporate and Other. The company offers title insurance underwriting, including policies referred to through its third-party agents' channel; and other insurance services for the residential real estate market. It also provides title, escrow, and settlement services for residential refinance transactions through its direct agents; and is involved in investing activities for its investment portfolio. The company serves homeowners, lenders, title agents, and real estate professionals. Doma Holdings Inc. was founded in 2016 and is headquartered in San Francisco, California.
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