Guild Holdings Company (NYSE:GHLD) Receives Average Rating of “Hold” from Brokerages

Guild Holdings Company (NYSE:GHLD) has been given an average recommendation of “Hold” by the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $18.8750.

Several brokerages have issued reports on GHLD. Weiss Ratings restated a “buy (b-)” rating on shares of Guild in a report on Monday, December 1st. Zacks Research lowered Guild from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Finally, BTIG Research reissued a “neutral” rating on shares of Guild in a research note on Thursday, August 21st.

Institutional Investors Weigh In On Guild

Institutional investors have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC acquired a new position in Guild in the 2nd quarter worth $65,000. Longfellow Investment Management Co. LLC bought a new stake in shares of Guild in the third quarter valued at about $112,000. PenderFund Capital Management Ltd. acquired a new position in shares of Guild during the third quarter worth about $124,000. Citadel Advisors LLC acquired a new position in shares of Guild during the third quarter worth about $228,000. Finally, SG Americas Securities LLC bought a new position in shares of Guild during the second quarter worth about $482,000. 17.52% of the stock is owned by institutional investors.

Guild Stock Performance

Shares of NYSE GHLD opened at $20.01 on Monday. The company’s fifty day moving average is $19.93 and its 200-day moving average is $19.16. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 9.96, a P/E/G ratio of 1.06 and a beta of 0.93. Guild has a twelve month low of $11.21 and a twelve month high of $23.57. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 1.08.

Guild (NYSE:GHLD) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The business had revenue of $307.44 million during the quarter, compared to analysts’ expectations of $311.28 million. Guild had a net margin of 10.88% and a return on equity of 10.09%. Equities research analysts predict that Guild will post 1.33 EPS for the current year.

Guild Company Profile

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.