Guild Holdings Company (NYSE:GHLD) Given Average Rating of "Hold" by Analysts

Key Points

• Guild Holdings Company (NYSE:GHLD) has received an average broker recommendation of "Hold," with seven analysts rating it as such and two recommending a buy.
• The company's stock is currently priced at $19.93, with a 12-month target average price of $18.42.
• Guild recently announced a special dividend of $0.25 per share, scheduled to be paid on September 2nd for shareholders of record on August 18th.

Guild Holdings Company (NYSE:GHLD - Get Free Report) has received an average recommendation of "Hold" from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $18.4167.

A number of equities analysts have recently weighed in on GHLD shares. JPMorgan Chase & Co. increased their target price on Guild from $12.50 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, July 11th. Wall Street Zen upgraded shares of Guild to a "hold" rating in a research report on Thursday, May 22nd. Jefferies Financial Group lowered shares of Guild from a "buy" rating to a "hold" rating and increased their price target for the stock from $16.00 to $20.00 in a research report on Tuesday, July 22nd. BTIG Research reiterated a "neutral" rating on shares of Guild in a research report on Thursday, August 21st. Finally, Citigroup reissued an "outperform" rating on shares of Guild in a research note on Tuesday, May 27th.

Guild Stock Performance

Shares of GHLD stock traded up $0.02 on Friday, reaching $19.87. The stock had a trading volume of 20,857 shares, compared to its average volume of 43,397. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 1.03. The firm's 50-day moving average is $19.88 and its two-hundred day moving average is $15.91. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 50.94, a P/E/G ratio of 1.05 and a beta of 0.94. Guild has a 12 month low of $11.21 and a 12 month high of $23.57.

Guild Announces Dividend

The company also recently announced a special dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th.

Institutional Investors Weigh In On Guild

Large investors have recently bought and sold shares of the stock. Wolverine Asset Management LLC acquired a new stake in Guild in the second quarter worth $65,000. Millennium Management LLC grew its holdings in Guild by 18.6% in the fourth quarter. Millennium Management LLC now owns 15,441 shares of the company's stock worth $218,000 after purchasing an additional 2,421 shares during the period. Citadel Advisors LLC grew its holdings in Guild by 57.5% in the fourth quarter. Citadel Advisors LLC now owns 16,799 shares of the company's stock worth $237,000 after purchasing an additional 6,134 shares during the period. Northern Trust Corp grew its holdings in Guild by 8.3% in the fourth quarter. Northern Trust Corp now owns 22,421 shares of the company's stock worth $316,000 after purchasing an additional 1,709 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Guild in the second quarter worth $482,000. 17.52% of the stock is currently owned by institutional investors and hedge funds.

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.