Guild (NYSE:GHLD – Get Rating) had its price objective lifted by JPMorgan Chase & Co. from $11.50 to $12.50 in a research report released on Tuesday morning, The Fly reports.
Several other research analysts also recently issued reports on the stock. Jefferies Financial Group initiated coverage on shares of Guild in a report on Tuesday, September 27th. They set a buy rating and a $15.00 price target for the company. TheStreet upgraded shares of Guild from a d+ rating to a c- rating in a report on Monday, November 28th. Finally, Wells Fargo & Company lowered their price target on shares of Guild from $12.00 to $9.00 and set an equal weight rating for the company in a report on Friday, November 4th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus price target of $12.88.
Get Guild alerts:Guild Stock Up 0.9 %
Shares of GHLD opened at $11.11 on Tuesday. Guild has a one year low of $7.18 and a one year high of $13.99. The company has a market cap of $678.45 million, a P/E ratio of 1.77 and a beta of 0.97. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.20 and a quick ratio of 0.20. The firm has a 50 day simple moving average of $10.71 and a two-hundred day simple moving average of $10.54.
Guild (NYSE:GHLD – Get Rating) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.25 by $0.15. Guild had a net margin of 28.08% and a return on equity of 8.21%. The business had revenue of $261.22 million during the quarter, compared to the consensus estimate of $194.12 million. Research analysts forecast that Guild will post 1.32 EPS for the current fiscal year.Institutional Trading of Guild
A number of institutional investors and hedge funds have recently bought and sold shares of GHLD. Algebris UK Ltd boosted its position in Guild by 28.9% during the second quarter. Algebris UK Ltd now owns 180,975 shares of the company's stock valued at $1,844,000 after acquiring an additional 40,557 shares during the last quarter. Basswood Capital Management L.L.C. boosted its position in Guild by 0.3% during the second quarter. Basswood Capital Management L.L.C. now owns 838,055 shares of the company's stock valued at $8,540,000 after acquiring an additional 2,367 shares during the last quarter. Lazard Asset Management LLC bought a new stake in Guild during the second quarter valued at $35,000. BlackRock Inc. boosted its position in Guild by 837.9% during the third quarter. BlackRock Inc. now owns 78,958 shares of the company's stock valued at $730,000 after acquiring an additional 70,539 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in Guild by 6.0% during the third quarter. Alliancebernstein L.P. now owns 78,525 shares of the company's stock valued at $726,000 after acquiring an additional 4,437 shares during the last quarter. 7.63% of the stock is currently owned by institutional investors and hedge funds.
Guild Company Profile
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Guild Holdings Company, a mortgage company, originates, sells, and services residential mortgage loans in the United States. The company operates approximately 260 branches with licenses in 49 states. It originates residential mortgages through retail and correspondent channels. The company was incorporated in 1960 and is headquartered in San Diego, California.
Further Reading
- Get a free copy of the StockNews.com research report on Guild (GHLD)
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