GWG Holdings Company Profile (NASDAQ:GWGH)

About GWG Holdings (NASDAQ:GWGH)

GWG Holdings logoGWG Holdings, Inc. is a financial service company. The Company is a financial purchaser of life insurance assets in the secondary market. The Company creates opportunities for consumers owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies. The Company also creates opportunities for investors to participate in alternative asset classes, such as life insurance, not correlated to traditional financial markets. The Company conducts its life insurance related business through its subsidiary, GWG Life, LLC. It generally purchases life insurance assets directly from policy owners having purchased their life insurance in the primary market. Its operational platform offers various options to customers based on the market value of their life insurance, including selling the entire policy benefit for cash, or selling a portion of the policy benefit and retaining a portion of the benefit with no future premium obligation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life & Health Insurance - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GWGH
  • CUSIP: N/A
  • Web: www.gwgh.com
Capitalization:
  • Market Cap: $60.38 million
  • Outstanding Shares: 5,783,000
Average Prices:
  • 50 Day Moving Avg: $10.57
  • 200 Day Moving Avg: $10.09
  • 52 Week Range: $7.32 - $11.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -3.92
  • P/E Growth: -0.24
Sales & Book Value:
  • Annual Revenue: $62.55 million
  • Price / Sales: 0.97
  • Book Value: ($4.24) per share
  • Price / Book: -2.46
Profitability:
  • Net Margins: -21.92%
  • Return on Equity: -184.34%
  • Return on Assets: 4.35%
Debt:
  • Debt-to-Equity Ratio: -22.66%
  • Current Ratio: 15.76%
  • Quick Ratio: 15.76%
Misc:
  • Average Volume: 2,678 shs.
  • Beta: 0.5
  • Short Ratio: 1.87
 

Frequently Asked Questions for GWG Holdings (NASDAQ:GWGH)

What is GWG Holdings' stock symbol?

GWG Holdings trades on the NASDAQ under the ticker symbol "GWGH."

How were GWG Holdings' earnings last quarter?

GWG Holdings, Inc (NASDAQ:GWGH) issued its earnings results on Tuesday, August, 16th. The company reported $0.85 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.44) by $1.29. The business earned $20.80 million during the quarter, compared to analyst estimates of $8.60 million. GWG Holdings had a negative return on equity of 184.34% and a negative net margin of 21.92%. View GWG Holdings' Earnings History.

When will GWG Holdings make its next earnings announcement?

GWG Holdings is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for GWG Holdings.

Where is GWG Holdings' stock going? Where will GWG Holdings' stock price be in 2017?

2 brokerages have issued 1-year price objectives for GWG Holdings' stock. Their predictions range from $14.00 to $15.00. On average, they expect GWG Holdings' stock price to reach $14.50 in the next year. View Analyst Ratings for GWG Holdings.

What are analysts saying about GWG Holdings stock?

Here are some recent quotes from research analysts about GWG Holdings stock:

  • 1. According to Zacks Investment Research, "GWG Holdings, Inc. and its subsidiaries are engaged in the life insurance secondary market. It offers a variety of solutions for seniors who own life insurance. The Company's services allow policyholders to sell, keep, trade or gift their life insurance based upon their needs today. GWG Holdings, Inc. is based in Minneapolis, Minnesota. " (7/12/2017)
  • 2. Maxim Group analysts commented, "In spite of a 1Q17 GAAP net loss (due to lumpiness in realized policy benefit payments), most 1Q17 metrics confirmed to us that GWGH is on the path to reaching a tipping point of 1,000 unique lives insured in 2018, which should produce more steady earnings and cash flows. The company has undertaken a Project D100 initiative, to increase the percentage of direct originations (through affiliates) to 100%, versus 27% in 1Q17." (5/15/2017)

Who are some of GWG Holdings' key competitors?

Who are GWG Holdings' key executives?

GWG Holdings' management team includes the folowing people:

  • Jon R. Sabes, Chairman of the Board, Chief Executive Officer
  • William B. Acheson, Chief Financial Officer
  • Steven F. Sabes, Executive Vice President - Originations and Servicing, Secretary, Director
  • Chris Orestis, Executive Vice President - Life Insurance Secondary Markets
  • David H. Abramson, Independent Director
  • Shawn R. Gensch, Independent Director
  • Charles H. Maguire III, Independent Director
  • Jeffrey L. Mcgregor, Independent Director
  • Mark Schwarzmann, Independent Director

Who owns GWG Holdings stock?

GWG Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include Institute for Wealth Management LLC. (21.17%) and Concert Wealth Management Inc. (21.18%). View Institutional Ownership Trends for GWG Holdings.

Who bought GWG Holdings stock? Who is buying GWG Holdings stock?

GWG Holdings' stock was bought by a variety of institutional investors in the last quarter, including Institute for Wealth Management LLC. and Concert Wealth Management Inc.. View Insider Buying and Selling for GWG Holdings.

How do I buy GWG Holdings stock?

Shares of GWG Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is GWG Holdings' stock price today?

One share of GWG Holdings stock can currently be purchased for approximately $10.44.


MarketBeat Community Rating for GWG Holdings (NASDAQ GWGH)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  49 (Vote Underperform)
Total Votes:  114
MarketBeat's community ratings are surveys of what our community members think about GWG Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for GWG Holdings (NASDAQ:GWGH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.50 (38.89% upside)

Analysts' Ratings History for GWG Holdings (NASDAQ:GWGH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Roth CapitalSet Price TargetBuy$15.00LowView Rating Details
5/15/2017Maxim GroupReiterated RatingBuy$14.00LowView Rating Details
(Data available from 8/21/2015 forward)

Earnings

Earnings History for GWG Holdings (NASDAQ:GWGH)
Earnings by Quarter for GWG Holdings (NASDAQ:GWGH)
Earnings History by Quarter for GWG Holdings (NASDAQ GWGH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017($0.46)N/AView Earnings Details
3/8/2017Q4 2016($0.14)$1.42$17.40 million$16.88 millionViewListenView Earnings Details
11/8/2016Q316($0.26)$0.98$16.06 million$13.90 millionViewListenView Earnings Details
8/16/2016Q216($0.44)$0.85$8.60 million$20.80 millionViewListenView Earnings Details
4/28/2016Q1($0.54)$1.68$9.86 million$17.90 millionViewListenView Earnings Details
3/8/2016Q415($0.68)($0.75)$8.26 million$6.00 millionViewListenView Earnings Details
11/10/2015Q3$0.74$8.28 millionViewListenView Earnings Details
8/11/2015Q215($0.32)$5.49 million$8.56 millionViewN/AView Earnings Details
5/12/2015Q116$0.46$5.50 million$16.80 millionViewListenView Earnings Details
2/18/2015Q415$0.27$14.30 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for GWG Holdings (NASDAQ:GWGH)
2017 EPS Consensus Estimate: ($0.87)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.16)($0.16)($0.16)
Q2 20171($0.26)($0.26)($0.26)
Q3 20171($0.35)($0.35)($0.35)
Q4 20171($0.10)($0.10)($0.10)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for GWG Holdings (NASDAQ:GWGH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for GWG Holdings (NASDAQ:GWGH)
Insider Ownership Percentage: 77.39%
Institutional Ownership Percentage: 0.18%
Insider Trades by Quarter for GWG Holdings (NASDAQ:GWGH)
Insider Trades by Quarter for GWG Holdings (NASDAQ:GWGH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/24/2014Jon SabesCEOBuy100,000$12.50$1,250,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for GWG Holdings (NASDAQ:GWGH)
Latest Headlines for GWG Holdings (NASDAQ:GWGH)
Source:
DateHeadline
americanbankingnews.com logoContrasting MetLife (MET) and GWG Holdings (GWGH)
www.americanbankingnews.com - August 21 at 12:10 AM
americanbankingnews.com logoGWG Holdings, Inc (GWGH) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - August 18 at 11:28 PM
americanbankingnews.com logoGWG Holdings, Inc (GWGH) Given a $15.00 Price Target at Roth Capital
www.americanbankingnews.com - August 14 at 7:20 PM
finance.yahoo.com logoEdited Transcript of GWGH earnings conference call or presentation 10-Aug-17 8:00pm GMT
finance.yahoo.com - August 11 at 7:49 PM
finance.yahoo.com logoGWG Holdings Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 11 at 1:30 AM
finance.yahoo.com logoNAIC Endorses Concepts Pioneered by GWG Life’s LifeCare Xchange Creating Private Market Options for Financing Long-Term Care
finance.yahoo.com - July 25 at 7:34 PM
americanbankingnews.com logoGWG Holdings, Inc (GWGH) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - July 12 at 10:56 PM
americanbankingnews.com logoGWG Holdings, Inc (NASDAQ:GWGH) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 9 at 2:56 PM
finance.yahoo.com logoGWG Life Teams with Long-Term Care Resources to Assist Seniors Facing Post-Retirement Crisis
finance.yahoo.com - July 7 at 6:02 AM
finance.yahoo.com logoGWG Holdings Announces Insurance Technology Expert Tom Nodine to Lead Insurtech Division
finance.yahoo.com - June 29 at 11:32 PM
finance.yahoo.com logoGWG Life Teams with Broadtower to Launch National Educational Program to Benefit Seniors Facing Long-Term Care
finance.yahoo.com - June 7 at 10:38 AM
finance.yahoo.com logoGWG Holdings, Inc. :GWGH-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 6:05 PM
finance.yahoo.com logoGWG Life Rises to Number Two in The Deal’s Annual List of the Top Life Insurance Secondary Market Firms with 150 Percent Growth in Policies Purchased
finance.yahoo.com - June 1 at 6:22 PM
finance.yahoo.com logoGWG Holdings to Present at the 7th Annual LD Micro Invitational Conference
finance.yahoo.com - May 25 at 8:04 PM
americanbankingnews.com logoGWG Holdings' (GWGH) Buy Rating Reaffirmed at Maxim Group
www.americanbankingnews.com - May 15 at 4:28 PM
americanbankingnews.com logoGWG Holdings Inc (GWGH) Short Interest Up 41.3% in April
www.americanbankingnews.com - May 14 at 9:14 AM
finance.yahoo.com logoEdited Transcript of GWGH earnings conference call or presentation 10-May-17 8:00pm GMT
finance.yahoo.com - May 11 at 6:11 PM
finance.yahoo.com logoGWG Holdings Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 10 at 12:37 PM
finance.yahoo.com logoGWG Holdings Announces its Exclusive License of Mortality Predictive Technology from UCLA for Life Insurance Industry
finance.yahoo.com - May 4 at 5:45 PM
finance.yahoo.com logoChris Orestis Joins GWG Holdings as Executive Vice President of Life Insurance Secondary Markets; President Michael Freedman Leaving the Company May 15
finance.yahoo.com - April 19 at 11:43 AM
finance.yahoo.com logoGWG Holdings Introduces New $150 Million Redeemable Preferred Stock Offering
finance.yahoo.com - April 3 at 5:47 PM
biz.yahoo.com logoGWG HOLDINGS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - April 3 at 5:47 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Breaches of Delaware Law by the Board of GWG Holdings, Inc. - GWGH
finance.yahoo.com - March 31 at 5:39 PM
americanbankingnews.com logoAnalysts Expect GWG Holdings Inc (GWGH) to Post ($0.28) EPS
www.americanbankingnews.com - March 31 at 1:10 PM
capitalcube.com logoGWG Holdings, Inc. :GWGH-US: Earnings Analysis: Q4, 2016 By the Numbers : March 21, 2017
us.rd.yahoo.com - March 21 at 3:45 PM
biz.yahoo.com logoGWG HOLDINGS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 5:53 PM
finance.yahoo.com logoGWG Holdings to Present at 29th Annual ROTH Conference on March 14, 2017
finance.yahoo.com - March 10 at 6:43 PM
americanbankingnews.com logoGWG Holdings Inc (GWGH) Releases Earnings Results, Beats Estimates By $1.56 EPS
www.americanbankingnews.com - March 9 at 12:21 PM
biz.yahoo.com logoQ4 2016 GWG Holdings Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 8 at 6:25 PM
finance.yahoo.com logoGWG Holdings Reports Fourth Quarter and Full Year 2016 Financial Results
finance.yahoo.com - March 8 at 6:25 PM
finance.yahoo.com logoGWG Life Becomes First Insurtech Firm to Collect Epigenetic Samples to Analyze Biomarkers of Life Insurance Policy Owners
finance.yahoo.com - March 2 at 5:53 PM
us.rd.yahoo.com logoGWG Holdings Announces Retirement of Board Chairman Paul Siegert, Election of New Director Mark Schwarzmann
us.rd.yahoo.com - February 22 at 12:59 PM
biz.yahoo.com logoGWG HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definiti
us.rd.yahoo.com - February 22 at 12:59 PM
feeds.benzinga.com logoGWG Holdings to Report Fourth Quarter and Full Year 2016 Financial Results
feeds.benzinga.com - February 22 at 8:42 AM
finance.yahoo.com logoNew Background Checks for Life-Settlement Deals Use DNA, Blood Samples
finance.yahoo.com - February 16 at 5:31 PM
us.rd.yahoo.com logo4:07 pm GWG announced special cash dividend of $2.50 per share to holders of its Redeemable Preferred Stock
us.rd.yahoo.com - February 9 at 11:28 PM
globenewswire.com logoGWG Holdings Announces Special Cash Dividend
globenewswire.com - February 9 at 6:26 PM
biz.yahoo.com logoGWG HOLDINGS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 9 at 6:26 PM
finance.yahoo.com logoExpert on Aging Dr. Brian Chen Joins GWG Holdings to Lead Development of Epigenetic Mortality Prediction Technology for Firm’s Life Insurance Products and Services
finance.yahoo.com - January 26 at 7:06 PM
finance.yahoo.com logo4:07 pm Thinly traded GWG confirms it increased the number of financial advisors able to sell its investment products by 34%+ in 2016; also exercised option with UCLA for exclusive license
finance.yahoo.com - December 28 at 5:31 PM
finance.yahoo.com logoGWG Holdings to Present at the 9th Annual LD Micro Main Event Investor Conference December 7, 2016
finance.yahoo.com - November 30 at 9:17 AM
biz.yahoo.com logoGWG HOLDINGS, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 10 at 11:03 PM
finance.yahoo.com logoEdited Transcript of GWGH earnings conference call or presentation 8-Nov-16 9:00pm GMT
finance.yahoo.com - November 9 at 9:30 AM
biz.yahoo.com logoGWG HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Finan
biz.yahoo.com - November 8 at 4:42 PM
biz.yahoo.com logoGWG Holdings Inc Earnings Call scheduled for 4:00 pm ET today
biz.yahoo.com - November 8 at 4:42 PM
biz.yahoo.com logoQ3 2016 GWG Holdings Inc Earnings Release - Before Market Open
biz.yahoo.com - November 8 at 8:04 AM
streetinsider.com logoGWG Holdings (GWGH) Exercises Option to Acquire Mortality Predictor Tech
www.streetinsider.com - November 5 at 5:21 PM
finance.yahoo.com logoGWG Holdings to Present at the 2016 Aegis Growth Conference
finance.yahoo.com - September 14 at 9:36 AM
finance.yahoo.com logoGWG Holdings (GWGH) Shares March Higher, Can It Continue?
finance.yahoo.com - August 25 at 10:21 AM
finance.yahoo.com logoGWG HOLDINGS, INC. Financials
finance.yahoo.com - August 20 at 5:14 PM

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Chart

GWG Holdings (GWGH) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff