GWG 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?
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?
Some companies that are related to GWG Holdings include Horizon Technology Finance Corporation (HRZN), JMP Group LLC (JMP), GSV Capital Corp (GSVC), Silvercrest Asset Management Group (SAMG), RAIT Financial Trust (RAS), HopFed Bancorp (HFBC), Guaranty Federal Bancshares (GFED), Consumer Portfolio Services (CPSS), Mackinac Financial Corporation (MFNC), Harvest Capital Credit Corporation (HCAP), Five Oaks Investment Corp. (OAKS), Wheeler Real Estate Investment Trust (WHLR), American River Bankshares (AMRB), Sotherly Hotels (SOHO), Atlantic American Corporation (AAME), Eagle Bancorp Montana (EBMT), Patriot National Bancorp (PNBK) and Anchor Bancorp (ANCB).
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?
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)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.
Consensus Ratings for GWG Holdings (NASDAQ:GWGH) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/14/2017 | Roth Capital | Set Price Target | Buy | $15.00 | Low |  |
| 5/15/2017 | Maxim Group | Reiterated Rating | Buy | $14.00 | Low | |
(Data available from 8/21/2015 forward)
Earnings History for GWG Holdings (NASDAQ:GWGH)Earnings History by Quarter for GWG Holdings (NASDAQ GWGH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | ($0.46) | | | | | N/A | |
| 3/8/2017 | Q4 2016 | ($0.14) | $1.42 | $17.40 million | $16.88 million | View | Listen | |
| 11/8/2016 | Q316 | ($0.26) | $0.98 | $16.06 million | $13.90 million | View | Listen | |
| 8/16/2016 | Q216 | ($0.44) | $0.85 | $8.60 million | $20.80 million | View | Listen | |
| 4/28/2016 | Q1 | ($0.54) | $1.68 | $9.86 million | $17.90 million | View | Listen | |
| 3/8/2016 | Q415 | ($0.68) | ($0.75) | $8.26 million | $6.00 million | View | Listen | |
| 11/10/2015 | Q3 | | $0.74 | | $8.28 million | View | Listen | |
| 8/11/2015 | Q215 | | ($0.32) | $5.49 million | $8.56 million | View | N/A | |
| 5/12/2015 | Q116 | | $0.46 | $5.50 million | $16.80 million | View | Listen | |
| 2/18/2015 | Q415 | | $0.27 | | $14.30 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for GWG Holdings (NASDAQ:GWGH)2017 EPS Consensus Estimate: ($0.87)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.16) | ($0.16) | ($0.16) |
| Q2 2017 | 1 | ($0.26) | ($0.26) | ($0.26) |
| Q3 2017 | 1 | ($0.35) | ($0.35) | ($0.35) |
| Q4 2017 | 1 | ($0.10) | ($0.10) | ($0.10) |
(Data provided by Zacks Investment Research)
Dividend History for GWG Holdings (NASDAQ:GWGH)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/24/2014 | Jon Sabes | CEO | Buy | 100,000 | $12.50 | $1,250,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for GWG Holdings (NASDAQ:GWGH)
Latest Headlines for GWG Holdings (NASDAQ:GWGH)
| Source: |
|
| Date | Headline |
|---|
 | Contrasting MetLife (MET) and GWG Holdings (GWGH)
www.americanbankingnews.com - August 21 at 12:10 AM |
| GWG Holdings, Inc (GWGH) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - August 18 at 11:28 PM |
| GWG Holdings, Inc (GWGH) Given a $15.00 Price Target at Roth Capital
www.americanbankingnews.com - August 14 at 7:20 PM |
 | Edited Transcript of GWGH earnings conference call or presentation 10-Aug-17 8:00pm GMT
finance.yahoo.com - August 11 at 7:49 PM |
| GWG Holdings Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 11 at 1:30 AM |
| NAIC 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 |
| GWG Holdings, Inc (GWGH) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - July 12 at 10:56 PM |
| GWG Holdings, Inc (NASDAQ:GWGH) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 9 at 2:56 PM |
| GWG Life Teams with Long-Term Care Resources to Assist Seniors Facing Post-Retirement Crisis
finance.yahoo.com - July 7 at 6:02 AM |
| GWG Holdings Announces Insurance Technology Expert Tom Nodine to Lead Insurtech Division
finance.yahoo.com - June 29 at 11:32 PM |
| GWG 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 |
| GWG Holdings, Inc. :GWGH-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 6:05 PM |
| GWG 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 |
| GWG Holdings to Present at the 7th Annual LD Micro Invitational Conference
finance.yahoo.com - May 25 at 8:04 PM |
| GWG Holdings' (GWGH) Buy Rating Reaffirmed at Maxim Group
www.americanbankingnews.com - May 15 at 4:28 PM |
| GWG Holdings Inc (GWGH) Short Interest Up 41.3% in April
www.americanbankingnews.com - May 14 at 9:14 AM |
| Edited Transcript of GWGH earnings conference call or presentation 10-May-17 8:00pm GMT
finance.yahoo.com - May 11 at 6:11 PM |
| GWG Holdings Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 10 at 12:37 PM |
| GWG Holdings Announces its Exclusive License of Mortality Predictive Technology from UCLA for Life Insurance Industry
finance.yahoo.com - May 4 at 5:45 PM |
| Chris 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 |
| GWG Holdings Introduces New $150 Million Redeemable Preferred Stock Offering
finance.yahoo.com - April 3 at 5:47 PM |
| GWG HOLDINGS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - April 3 at 5:47 PM |
| SHAREHOLDER 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 |
| Analysts Expect GWG Holdings Inc (GWGH) to Post ($0.28) EPS
www.americanbankingnews.com - March 31 at 1:10 PM |
 | GWG Holdings, Inc. :GWGH-US: Earnings Analysis: Q4, 2016 By the Numbers : March 21, 2017
us.rd.yahoo.com - March 21 at 3:45 PM |
| GWG HOLDINGS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 5:53 PM |
| GWG Holdings to Present at 29th Annual ROTH Conference on March 14, 2017
finance.yahoo.com - March 10 at 6:43 PM |
| GWG Holdings Inc (GWGH) Releases Earnings Results, Beats Estimates By $1.56 EPS
www.americanbankingnews.com - March 9 at 12:21 PM |
| Q4 2016 GWG Holdings Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 8 at 6:25 PM |
| GWG Holdings Reports Fourth Quarter and Full Year 2016 Financial Results
finance.yahoo.com - March 8 at 6:25 PM |
| GWG 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 |
 | GWG Holdings Announces Retirement of Board Chairman Paul Siegert, Election of New Director Mark Schwarzmann
us.rd.yahoo.com - February 22 at 12:59 PM |
| GWG 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 |
 | GWG Holdings to Report Fourth Quarter and Full Year 2016 Financial Results
feeds.benzinga.com - February 22 at 8:42 AM |
| New Background Checks for Life-Settlement Deals Use DNA, Blood Samples
finance.yahoo.com - February 16 at 5:31 PM |
| 4:07 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 |
 | GWG Holdings Announces Special Cash Dividend
globenewswire.com - February 9 at 6:26 PM |
| GWG HOLDINGS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 9 at 6:26 PM |
| Expert 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 |
| 4:07 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 |
| GWG 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 |
| GWG HOLDINGS, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 10 at 11:03 PM |
| Edited Transcript of GWGH earnings conference call or presentation 8-Nov-16 9:00pm GMT
finance.yahoo.com - November 9 at 9:30 AM |
| GWG 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 |
| GWG Holdings Inc Earnings Call scheduled for 4:00 pm ET today
biz.yahoo.com - November 8 at 4:42 PM |
| Q3 2016 GWG Holdings Inc Earnings Release - Before Market Open
biz.yahoo.com - November 8 at 8:04 AM |
 | GWG Holdings (GWGH) Exercises Option to Acquire Mortality Predictor Tech
www.streetinsider.com - November 5 at 5:21 PM |
| GWG Holdings to Present at the 2016 Aegis Growth Conference
finance.yahoo.com - September 14 at 9:36 AM |
| GWG Holdings (GWGH) Shares March Higher, Can It Continue?
finance.yahoo.com - August 25 at 10:21 AM |
| GWG HOLDINGS, INC. Financials
finance.yahoo.com - August 20 at 5:14 PM |
GWG Holdings (GWGH) Chart for Monday, August, 21, 2017
