Guild Holdings Company (NYSE:GHLD) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Guild Holdings Company has received an average rating of "Hold" from eleven brokerages, with eight recommending a hold, two a buy, and one a strong buy.
• The average 12-month price target for Guild Holdings stock is approximately $18.42, with shares currently trading around $19.86.
• Guild recently declared a special dividend of $0.25 per share, which was paid on September 2nd to stockholders of record as of August 18th.

Shares of Guild Holdings Company (NYSE:GHLD - Get Free Report) have received a consensus rating of "Hold" from the eleven brokerages that are presently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $18.4167.

Several equities research analysts have issued reports on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Guild in a research report on Wednesday, October 8th. Zacks Research raised shares of Guild from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 7th. BTIG Research reissued a "neutral" rating on shares of Guild in a report on Thursday, August 21st. 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 report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Guild from $12.50 to $20.00 and gave the stock a "neutral" rating in a report on Friday, July 11th.

Guild Trading Down 0.0%

Shares of Guild stock opened at $19.86 on Friday. Guild has a 12-month low of $11.21 and a 12-month high of $23.57. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 1.06 and a beta of 0.93. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 1.03. The company's 50-day moving average price is $19.93 and its 200-day moving average price is $17.43.

Guild Dividend Announcement

The business also recently declared a special dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, August 18th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in GHLD. Wolverine Asset Management LLC purchased a new position in shares of Guild during the second quarter worth approximately $65,000. SG Americas Securities LLC purchased a new position in shares of Guild during the second quarter worth approximately $482,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Guild during the second quarter worth approximately $876,000. Alberta Investment Management Corp purchased a new position in shares of Guild during the second quarter worth approximately $1,020,000. Finally, Credit Industriel ET Commercial purchased a new position in shares of Guild during the second quarter worth approximately $1,582,000. 17.52% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.