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Stonegate Mortgage Corp (NYSE:SGM) Director Sam Levinson acquired 21,191 shares of Stonegate Mortgage Corp stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $14.05 per share, with a total value of $297,733.55. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Stonegate Mortgage Corp (NYSE:SGM) opened at 14.18 on Monday. Stonegate Mortgage Corp has a 52-week low of $11.81 and a 52-week high of $18.94. The stock has a 50-day moving average of $13.43 and a 200-day moving average of $14.04. The company’s market cap is $365.4 million.

Stonegate Mortgage Corp (NYSE:SGM) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.01. The company had revenue of $57.60 million for the quarter, compared to the consensus estimate of $62.80 million. Stonegate Mortgage Corp’s revenue was up 32.7% compared to the same quarter last year. Analysts expect that Stonegate Mortgage Corp will post $1.47 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Stonegate Mortgage Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $14.20 price target on the stock. Separately, analysts at Compass Point raised their price target on shares of Stonegate Mortgage Corp from $13.00 to $14.00 in a research note on Monday, August 11th. They now have a “neutral” rating on the stock. Finally, analysts at Compass Point initiated coverage on shares of Stonegate Mortgage Corp in a research note on Wednesday, July 16th. They set a “neutral” rating and a $13.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $16.60.

Stonegate Mortgage Corporation is a United States-based specialty financial services firm focused on the United States residential mortgage market.

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