Guild (GHLD) Set to Announce Earnings on Wednesday

Guild (NYSE:GHLD) will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Guild to post earnings of $0.51 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Guild (NYSE:GHLD) last released its earnings results on Thursday, August 8th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.21. Guild had a net margin of 3.28% and a return on equity of 5.83%. The firm had revenue of $285.69 million for the quarter, compared to analysts’ expectations of $257.97 million. On average, analysts expect Guild to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Guild Price Performance

Shares of NYSE GHLD opened at $14.55 on Tuesday. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.76. The firm has a market cap of $893.22 million, a price-to-earnings ratio of 34.64, a price-to-earnings-growth ratio of 0.25 and a beta of 1.07. Guild has a 1-year low of $9.59 and a 1-year high of $18.25. The stock has a fifty day simple moving average of $15.84 and a two-hundred day simple moving average of $15.07.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wedbush lifted their target price on shares of Guild from $17.00 to $19.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Wells Fargo & Company increased their target price on Guild from $15.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. lifted their price target on Guild from $16.00 to $17.00 and gave the company an “underweight” rating in a research report on Monday, October 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Guild currently has an average rating of “Hold” and a consensus price target of $17.50.

About Guild

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.