Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - New Century Financial (NasdaqNM:NCEN)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Financials
Location
18400 Von Karman, Suite 1000
Irvine, CA 92612
Phone: (949) 440-7030
Fax: (949) 440-7035
Employees (last reported count): 1,485
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Consumer Financial Services
Company Websites
 ·Home Page
 ·Investor Relations
 ·Employment
 ·Subsidiaries
 ·Yahoo! Category

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 67%
·Over the last 6 months:
 · one insider buy; 2,000  shares
·Institutional: 60% (181% of float)
(48 institutions)
·Net Inst. Buying: 710.0K shares (+6.65%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
New Century Financial Corporation is a specialty finance company that, through its subsidiaries, originates, purchases, sells and services sub-prime mortgage loans secured primarily by first mortgages on single-family residences. The Company offers both fixed-rate and adjustable-rate loans (ARMs), as well as loans with an interest rate that is initially fixed for a period of time and subsequently converts to an adjustable rate. Most of the ARMs originated by the Company are offered at a low initial interest rate, sometimes referred to as a "start rate." At each interest rate adjustment date, the Company adjusts the rate, subject to certain limitations on the amount of any single adjustment and a cap on the aggregate of all adjustments.
More from Market Guide: Expanded Business Description

Financial Summary
New Century Financial Corporation is engaged in originating, purchasing, selling and servicing subprime mortgage loans secured by first mortgages on single family residences. For the six months ended 6/30/01, total revenues increased 17% to to $112.7 million. Net income applicable to Common totaled $6.6 million vs. a loss of $2.8 million. Revenues reflect increased gains on the sale of loans. Earnings also benefited from lower interest expense.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Robert Cole, 54
Chairman, CEO
$359K
Edward Gotschall, 46
Vice Chairman, CFO
358K
Brad Morrice, 44
Vice Chairman, Pres, COO
356K
Nicolette Allen, 47
Sr. VP and Gen. Mang. of The Anyloan Company, a subsidiary of the Company
--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:NCENAs of 31-Aug-2001
Price and Volume
52-Week Low
on 9-Jan-2001
$6.00 
Recent Price$10.35 
52-Week High
on 11-Sep-2000
$13.125
Beta0.77 
Daily Volume (3-month avg)72.7K
Daily Volume (10-day avg)67.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change-9.5%
52-Week Change
relative to S&P500
+21.4%
Share-Related Items
Market Capitalization$172.2M
Shares Outstanding16.6M
Float5.50M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$10.35 
Earnings (ttm)-$1.26 
Earnings (mrq)$0.51 
Sales (ttm)$10.51 
Cash (mrq)$0.60 
Valuation Ratios
Price/Book (mrq)1.00 
Price/EarningsN/A 
Price/Sales (ttm)0.98 
Income Statements
Sales (ttm)$180.3M
EBITDA (ttm)$82.0M
Income available to common (ttm)-$16.6M
Profitability
Profit Margin (ttm)-7.6%
Operating Margin (ttm)-11.5%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-1.51%
Return on Equity (ttm)-10.23%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq)4.71 
Total Cash (mrq)$9.07M
Short Interest
As of 8-Aug-2001
Shares Short1.70M
Percent of Float30.9%
Shares Short
(Prior Month)
1.65M
Short Ratio20.21 
Daily Volume84.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.