NASDAQ:GWGH - GWG Stock Price, News, & Analysis

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$10.55 -0.14 (-1.31 %)
(As of 02/18/2019 11:31 AM ET)
Previous Close$10.69
Today's Range$9.95 - $10.9999
52-Week Range$4.80 - $13.10
Volume7,011 shs
Average Volume8,520 shs
Market Capitalization$63.44 million
P/E Ratio3.34
Dividend YieldN/A
Beta0.05
GWG Holdings, Inc. operates as a financial services company. It purchases life insurance policies at a discount to the face value from the secondary market and policy holders, and continue to pay the premiums to collect the policy benefits. The company also owns a portfolio of alternative assets; and develops epigenetic technology solutions for the life insurance industry. In addition, it operates a digital life insurance agency. As of September 30, 2018, the company owns 1,087 life insurance policies. GWG Holdings, Inc. was founded in 2006 and is headquartered in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:GWGH
CUSIPN/A
Phone612-746-1944

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$64.13 million
Cash Flow$9.4196 per share
Book Value($6.78) per share

Profitability

Net Income$-20,630,000.00

Miscellaneous

Employees65
Market Cap$63.44 million
OptionableNot Optionable

GWG (NASDAQ:GWGH) Frequently Asked Questions

What is GWG's stock symbol?

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

How often does GWG pay dividends? What is the dividend yield for GWG?

GWG declared a special dividend on Friday, August 17th. Investors of record on Monday, August 27th will be paid a dividend of $4.30 per share on Wednesday, September 5th. The ex-dividend date is Thursday, September 6th. View GWG's Dividend History.

How were GWG's earnings last quarter?

GWG Holdings Inc (NASDAQ:GWGH) announced its quarterly earnings data on Wednesday, August, 15th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of ($0.85) by $2.61. The financial services provider had revenue of $24.32 million for the quarter, compared to the consensus estimate of $22.33 million. GWG had a negative return on equity of 54.63% and a negative net margin of 41.79%. View GWG's Earnings History.

When is GWG's next earnings date?

GWG is scheduled to release their next quarterly earnings announcement on Thursday, April 4th 2019. View Earnings Estimates for GWG.

What price target have analysts set for GWGH?

1 equities research analysts have issued 1-year price objectives for GWG's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate GWG's stock price to reach $14.00 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View Analyst Price Targets for GWG.

What is the consensus analysts' recommendation for GWG?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GWG in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GWG.

What are Wall Street analysts saying about GWG stock?

Here are some recent quotes from research analysts about GWG 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. " (1/30/2019)
  • 2. Maxim Group analysts commented, "GWGH’s transaction with Group, LP (private) closed on August 10. Part Two, which will involve the issuance of $292 million of GWGH common stock, is scheduled for 4Q18. This transaction greatly increases GWGH’s GAAP equity, increases its assets by 80%, and diversifies its business and earnings from being a pure-play on the alternative asset class of life insurance settlements (and on insurtech), to being a company that has investments in many other alternative asset classes." (8/16/2018)

Has GWG been receiving favorable news coverage?

News coverage about GWGH stock has been trending somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. GWG earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of GWG's key competitors?

Who are GWG's key executives?

GWG's management team includes the folowing people:
  • Mr. Brad K. Heppner, Chairman and Chief Exec. Officer
  • Mr. Jeffrey S. Hinkle, Group Mang. of Human Capital and Technology
  • Mr. James E. Turvey, Group Mang. of Compliance and Reporting

Who are GWG's major shareholders?

GWG's stock is owned by many different of retail and institutional investors. Top institutional investors include Institute for Wealth Management LLC. (1.66%) and Moloney Securities Asset Management LLC (0.25%). View Institutional Ownership Trends for GWG.

Which major investors are selling GWG stock?

GWGH stock was sold by a variety of institutional investors in the last quarter, including Moloney Securities Asset Management LLC. View Insider Buying and Selling for GWG.

Which major investors are buying GWG stock?

GWGH stock was purchased by a variety of institutional investors in the last quarter, including Institute for Wealth Management LLC.. View Insider Buying and Selling for GWG.

How do I buy shares of GWG?

Shares of GWGH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is GWG's stock price today?

One share of GWGH stock can currently be purchased for approximately $10.55.

How big of a company is GWG?

GWG has a market capitalization of $63.44 million and generates $64.13 million in revenue each year. The financial services provider earns $-20,630,000.00 in net income (profit) each year or $3.16 on an earnings per share basis. GWG employs 65 workers across the globe.

What is GWG's official website?

The official website for GWG is http://www.gwgh.com.

How can I contact GWG?

GWG's mailing address is 220 SOUTH SIXTH STREET SUITE 1200, MINNEAPOLIS MN, 55402. The financial services provider can be reached via phone at 612-746-1944 or via email at [email protected]


MarketBeat Community Rating for GWG (NASDAQ GWGH)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  317
MarketBeat's community ratings are surveys of what our community members think about GWG and other stocks. Vote "Outperform" if you believe GWGH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GWGH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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