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Walter Investment Management Corp (NYSE:WAC) will announce its Q214 earnings results on Monday, August 11th. Analysts expect the company to announce earnings of $1.22 per share and revenue of $381.07 million for the quarter.

Shares of Walter Investment Management Corp (NYSE:WAC) opened at 27.62 on Friday. Walter Investment Management Corp has a 1-year low of $24.00 and a 1-year high of $45.12. The stock’s 50-day moving average is $28.42 and its 200-day moving average is $28.59. The company has a market cap of $1.040 billion and a P/E ratio of 4.37.

A number of research firms have recently commented on WAC. Analysts at Wells Fargo & Co. downgraded shares of Walter Investment Management Corp from a “market perform” rating to an “underperform” rating in a research note on Wednesday, July 16th. On the ratings front, analysts at Jefferies Group downgraded shares of Walter Investment Management Corp from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. They now have a $27.00 price target on the stock, down previously from $38.00. Finally, analysts at Compass Point downgraded shares of Walter Investment Management Corp from a “neutral” rating to a “sell” rating in a research note on Thursday, May 15th. They now have a $23.00 price target on the stock, down previously from $28.00. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. Walter Investment Management Corp has an average rating of “Hold” and an average target price of $32.80.

Walter Investment Management Corp., together with its subsidiaries, is a fee-based business services provider to the residential mortgage industry.

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