Guild (NYSE:GHLD - Get Free Report) released its earnings results on Thursday. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.05), Zacks reports. Guild had a positive return on equity of 6.21% and a negative net margin of 12.78%. The firm had revenue of $372.99 million during the quarter, compared to analysts' expectations of $297.30 million.
Guild Price Performance
Shares of NYSE GHLD traded up $0.73 during mid-day trading on Friday, hitting $13.83. 7,000 shares of the stock were exchanged, compared to its average volume of 11,618. The company has a market cap of $855.88 million, a P/E ratio of -8.92, a PEG ratio of 0.27 and a beta of 0.98. The stock's fifty day simple moving average is $12.84 and its two-hundred day simple moving average is $14.30. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.06 and a current ratio of 0.06. Guild has a twelve month low of $11.21 and a twelve month high of $18.26.
Guild Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 14.46%. The ex-dividend date of this dividend is Monday, March 17th. Guild's payout ratio is -64.52%.
Analysts Set New Price Targets
GHLD has been the topic of several analyst reports. Compass Point increased their target price on shares of Guild from $16.00 to $19.00 and gave the stock a "buy" rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. increased their target price on shares of Guild from $11.50 to $12.50 and gave the company an "underweight" rating in a research note on Friday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $16.60.
Read Our Latest Stock Analysis on GHLD
Guild Company Profile
(
Get Free Report)
Guild Holdings Company originates, sells, and services residential mortgage loans in the United States. It operates in two segments, Origination and Servicing. The company offers residential mortgages through retail and correspondent channels. Guild Holdings Company was incorporated in 1960 and is headquartered in San Diego, California.
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