Walter Investment Management Corp. Company Profile (NYSE:WAC)

About Walter Investment Management Corp.

Walter Investment Management Corp. logoWalter Investment Management Corp. is a diversified mortgage banking firm focused primarily on the servicing and origination of residential loans, including reverse loans. The Company operates through three segments: Servicing, Originations and Reverse Mortgage. The Servicing segment consists of operations that perform servicing for third-party credit owners of mortgage loans, as well as its own mortgage loan portfolio. The Servicing segment also includes Insurance, and Loans and Residuals businesses. The Originations segment consists of operations that originate and purchase mortgage loans that are intended for sale to third parties. The Reverse Mortgage segment consists of operations which purchases and originates home equity conversion mortgage that are securitized, but remain on the consolidated balance sheet as collateral for secured borrowings.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage Investment
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: WAC
  • CUSIP: 93317W10
Key Metrics:
  • Previous Close: $3.65
  • 50 Day Moving Average: $3.88
  • 200 Day Moving Average: $4.38
  • 52-Week Range: $2.24 - $8.61
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -10.14
  • P/E Growth: 0.10
  • Market Cap: $132.58M
  • Outstanding Shares: 36,322,000
  • Beta: 0.8
Profitability:
  • Net Margins: -70.66%
  • Return on Equity: -9.79%
  • Return on Assets: -0.29%
Debt:
  • Debt-to-Equity Ratio: 49.95%
  • Current Ratio: 16.92%
  • Quick Ratio: 16.92%
Additional Links:
Companies Related to Walter Investment Management Corp.:

Analyst Ratings

Consensus Ratings for Walter Investment Management Corp. (NYSE:WAC) (?)
Ratings Breakdown: 4 Sell Ratings, 1 Hold Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $4.30 (17.81% upside)

Analysts' Ratings History for Walter Investment Management Corp. (NYSE:WAC)
Show:
DateFirmActionRatingPrice TargetDetails
12/13/2016Keefe, Bruyette & WoodsDowngradeMarket Perform -> Underperform$3.00 -> $5.00View Rating Details
8/10/2016Barclays PLCLower Price TargetUnderweight$5.00 -> $2.00View Rating Details
8/5/2016WunderlichUpgradeHold -> BuyView Rating Details
5/4/2016Compass PointLower Price TargetSell$6.00 -> $2.50View Rating Details
5/4/2016FBR & CoLower Price TargetUnderperform$7.00 -> $3.00View Rating Details
3/7/2016Credit Suisse GroupLower Price TargetNeutral$22.00 -> $9.00View Rating Details
5/5/2015Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
2/27/2015Morgan StanleyDowngradeEqual Weight -> Underweight$22.00 -> $14.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Walter Investment Management Corp. (NYSE:WAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
11/9/2016Q316($0.07)($0.17)$313.78 million$297.30 millionViewListenView Earnings Details
8/9/2016Q216$0.03$0.07$284.14 million$187.50 millionViewListenView Earnings Details
5/3/2016Q116$0.28($0.50)$305.95 million$66.77 millionViewListenView Earnings Details
2/29/2016Q415$0.35($0.14)$304.93 million$331.60 millionViewListenView Earnings Details
11/5/2015Q315$0.49$0.44$326.28 million$219.40 millionViewListenView Earnings Details
8/10/2015Q215$0.56$0.65$363.80 million$412.40 millionViewListenView Earnings Details
5/7/2015Q115$0.46$1.02$329.83 million$330.33 millionViewListenView Earnings Details
2/26/2015Q414$0.63($0.06)$345.83 million$317.50 millionViewListenView Earnings Details
11/6/2014Q314$1.03($1.88)$390.84 million$386.00 millionViewListenView Earnings Details
8/11/2014Q214$1.22$1.19$381.07 million$413.71 millionViewListenView Earnings Details
5/8/2014Q413$0.96$1.53$375.88 million$369.90 millionViewListenView Earnings Details
2/27/2014Q4$1.24$1.07$396.22 million$402.84 millionViewListenView Earnings Details
11/6/2013$1.47$2.33$416.37 million$489.16 millionViewListenView Earnings Details
8/8/2013Q213$1.03$4.75$374.77 million$569.20 millionViewListenView Earnings Details
5/9/2013Q113$0.47$1.50$262.77 million$291.80 millionViewListenView Earnings Details
3/19/2013$0.68$0.64$166.80 million$176.40 millionViewListenView Earnings Details
11/8/2012Q312$0.62$0.75$160.62 million$160.76 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Walter Investment Management Corp. (NYSE:WAC)
Current Year EPS Consensus Estimate: $-1.02 EPS
Next Year EPS Consensus Estimate: $-0.36 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.17$0.17$0.17
Q3 20161($0.07)($0.07)($0.07)
Q4 20161($0.12)($0.12)($0.12)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Walter Investment Management Corp. (NYSE:WAC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Walter Investment Management Corp. (NYSE:WAC)
Insider Ownership Percentage: 50.10%
Institutional Ownership Percentage: 94.02%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2016Stuart Douglass BoydSVPSell8,780$3.13$27,481.40View SEC Filing  
5/9/2016James L PappasDirectorBuy5,000$4.68$23,400.00View SEC Filing  
5/6/2016David C SchneiderCOOBuy21,505$4.63$99,568.15View SEC Filing  
5/5/2016Alvaro G DemolinaDirectorBuy25,000$4.65$116,250.00View SEC Filing  
6/26/2015Baker Street Capital ManagemenMajor ShareholderBuy47,200$22.82$1,077,104.00View SEC Filing  
6/25/2015Baker Street Capital ManagemenMajor ShareholderBuy197,514$23.04$4,550,722.56View SEC Filing  
8/13/2014Denmar John DixonVPBuy7,500$24.58$184,350.00View SEC Filing  
8/13/2014Gary TillettCFOBuy7,900$24.83$196,157.00View SEC Filing  
3/3/2014Denmar John DixonVPBuy2,500$25.11$62,775.00View SEC Filing  
12/6/2013Charles CauthenCFOSell31,535$37.94$1,196,437.90View SEC Filing  
12/6/2013James PappasDirectorBuy1,000$37.88$37,880.00View SEC Filing  
11/5/2013Keith AndersonCOOSell1,609$35.75$57,521.75View SEC Filing  
11/5/2013Thomas FrancoInsiderSell3,300$35.92$118,536.00View SEC Filing  
9/6/2013Keith A AndersonCOOSell15,857$40.14$636,499.98View SEC Filing  
9/6/2013Kimberly Ann PerezCAOSell18,800$40.80$767,040.00View SEC Filing  
9/6/2013Thomas J FrancoInsiderSell13,753$39.75$546,681.75View SEC Filing  
9/5/2013Kimberly Ann PerezCAOSell4,287$39.00$167,193.00View SEC Filing  
8/13/2013Denmar John DixonVPBuy5,000$39.65$198,250.00View SEC Filing  
5/16/2013Brian F CoreyInsiderSell9,920$38.83$385,193.60View SEC Filing  
5/14/2013Shannon E SmithDirectorSell10,000$37.88$378,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Walter Investment Management Corp. (NYSE:WAC)
DateHeadline
News IconTechnical Focus on Shares of Walter Investment Management Corp. (WAC) - BVN (NYSE:WAC)
bvnewsjournal.com - February 17 at 7:06 AM
News IconWalter Investment Management Corp. (NYSE:WAC) Losing Ground in Session - Aiken Advocate (NYSE:WAC)
aikenadvocate.com - February 14 at 3:52 PM
seekingalpha.com logoA Serious Risk To Walter's Subservicing Model - Seeking Alpha (NYSE:WAC)
seekingalpha.com - February 14 at 3:52 PM
News IconStock Checkup: Technical Watch on Walter Investment Management Corp. (WAC) - Baldwin Journal (NYSE:WAC)
baldwinjournal.com - February 14 at 7:00 AM
investornewswire.com logoCan Shares Of Walter Investment Management Corp. (NYSE:WAC) Hit $2? - Investor Newswire (NYSE:WAC)
www.investornewswire.com - February 7 at 8:42 PM
seekingalpha.com logoWalter Investment Management: Optics At War With Fundamentals (NYSE:WAC)
seekingalpha.com - February 7 at 3:40 PM
News IconHigh Volatility Moving the Needle For Shares of Walter Investment Management Corp. (NYSE:WAC) - Wall Street Beacon (NYSE:WAC)
wsbeacon.com - January 31 at 2:21 AM
News IconTrading Focus: Eye on Shares of Walter Investment Management Corp. (WAC) - Rives Journal (NYSE:WAC)
rivesjournal.com - January 30 at 9:56 AM
News IconStock Perspective: Walter Investment Management Corp. (NYSE:WAC) Earnings in View - Aiken Advocate (NYSE:WAC)
aikenadvocate.com - January 28 at 1:59 AM
News IconTracking Williams %R for Walter Investment Management Corp. (WAC) - Sherwood Daily (NYSE:WAC)
sherwooddaily.com - January 27 at 3:51 PM
News IconEarnings in Full Force, Analysts Take Aim at Walter Investment Management Corp. (NYSE:WAC) - Wall Street Beacon (NYSE:WAC)
wsbeacon.com - January 27 at 3:51 PM
marketexclusive.com logoWalter Investment Management Corp. (NYSE:WAC) Files An 8-K Departure of Directors or Certain Officers; Election of ... - Market Exclusive (NYSE:WAC)
marketexclusive.com - January 26 at 2:31 AM
News IconEnlivened Volatility Spotted in Shares of Walter Investment Management Corp. (NYSE:WAC) - Wall Street Beacon (NYSE:WAC)
wsbeacon.com - January 26 at 2:31 AM
4-traders.com logoWALTER INVESTMENT MANAGEMENT CORP : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:WAC)
www.4-traders.com - January 25 at 4:28 PM
prnewswire.com logoWalter Investment Management Corp. Announces Changes to its Board of Directors and Record Date and Meeting ... - PR Newswire (press release) (NYSE:WAC)
www.prnewswire.com - January 24 at 8:28 PM
finance.yahoo.com logoWalter Investment Management Corp. Announces Changes to its Board of Directors and Record Date and Meeting Date for 2017 Annual Meeting of Stockholders (NYSE:WAC)
finance.yahoo.com - January 24 at 8:28 PM
finance.yahoo.com logo5:13 pm Walter Investment Mgmt CEO Anthony Renzi and managing member of SAGE Capital Investments Neal Goldman joined the Board effective January 19 (NYSE:WAC)
finance.yahoo.com - January 24 at 8:28 PM
biz.yahoo.com logoWALTER INVESTMENT MANAGEMENT CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclo (NYSE:WAC)
biz.yahoo.com - January 24 at 8:28 PM
feeds.reuters.com logoBRIEF-Walter Investment Management announces changes to its board of directors (NYSE:WAC)
feeds.reuters.com - January 24 at 5:48 PM
News IconLooking at Moving Averages for Walter Investment Management Corp. (WAC) - Sherwood Daily (NYSE:WAC)
sherwooddaily.com - January 24 at 3:26 PM
News IconCCI Focus on Shares of Walter Investment Management Corp. (WAC) - Sherwood Daily (NYSE:WAC)
sherwooddaily.com - January 24 at 3:26 PM
News IconCCI Level Check for Walter Investment Management Corp. (WAC) - Sherwood Daily (NYSE:WAC)
sherwooddaily.com - January 22 at 8:59 PM
News IconStock Update on Earnings & Estimates for Walter Investment Management Corp. (NYSE:WAC) - Aiken Advocate (NYSE:WAC)
aikenadvocate.com - January 20 at 8:38 PM
News IconMA Levels in Review for Walter Investment Management Corp. (WAC) - Rives Journal (NYSE:WAC)
rivesjournal.com - January 20 at 8:38 PM
News IconMoving Averages in Focus on Shares of Walter Investment Management Corp. (WAC) - Sherwood Daily (NYSE:WAC)
sherwooddaily.com - January 20 at 2:18 AM
capitalcube.com logoETFs with exposure to Walter Investment Management Corp. : January 19, 2017 (NYSE:WAC)
www.capitalcube.com - January 19 at 4:04 PM
News IconWalter Shuts Down RMS, S1L Reverse Mortgage Originations (NYSE:WAC)
reversemortgagedaily.com - January 17 at 8:51 PM
News IconWill The Needle Move For Walter Investment Management Corp. (NYSE:WAC) Shares This Earnings Season? - Wall Street Beacon (NYSE:WAC)
wsbeacon.com - January 13 at 3:45 PM
streetinsider.com logoAssurant (AIZ) Acquires Green Tree Insurance Agency for $125M With Potential $25M Earnout (NYSE:WAC)
www.streetinsider.com - January 5 at 2:29 AM
streetinsider.com logoForm 8-K WALTER INVESTMENT MANAGE For: Dec 30 - StreetInsider.com (NYSE:WAC)
www.streetinsider.com - January 4 at 9:27 PM
realistinvestor.com logoWalter Investment Management Corp. (NYSE:WAC) Is Expected To ... - RealistInvestor.com (NYSE:WAC)
www.realistinvestor.com - January 4 at 4:26 PM
stocksdaily.net logoWalter Investment Management Corp. (NYSE:WAC) Analysts EPS Target At $-0.53 - Stocks Daily (NYSE:WAC)
www.stocksdaily.net - January 4 at 4:26 PM
prnewswire.com logoWalter Investment Management Corp. Announces Execution of ... - PR Newswire (press release) (NYSE:WAC)
www.prnewswire.com - January 4 at 4:26 PM
feeds.reuters.com logoBRIEF-Walter Investment Management Corp. announces execution of agreement to Assurant, Inc. (NYSE:WAC)
feeds.reuters.com - January 4 at 8:38 AM
biz.yahoo.com logoWALTER INVESTMENT MANAGEMENT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Discl (NYSE:WAC)
biz.yahoo.com - January 4 at 7:42 AM
publicnow.com logoWalter Investment Management Corp. Announces Execution of Definitive Agreement for Sale of Insurance Business to Assurant, Inc. (NYSE:WAC)
www.publicnow.com - January 4 at 7:42 AM
bizjournals.com logoWalter Investment Management (NYSE: WAC) stock plummets as ... - Tampa Bay Business Journal (NYSE:WAC)
www.bizjournals.com - December 30 at 3:35 PM
bizjournals.com logoWalter Investment stock plummets as leadership shifts, legal issues mount (NYSE:WAC)
www.bizjournals.com - December 30 at 2:33 AM
News IconWalter Investment Management Corp. (NYSE:WAC) Under Analyst Spotlight - UK Market News (NYSE:WAC)
www.ukmarketnews.co.uk - December 28 at 8:16 AM
capitalcube.com logoETFs with exposure to Walter Investment Management Corp. : December 22, 2016 (NYSE:WAC)
www.capitalcube.com - December 23 at 4:27 AM
News IconShares in View: Walter Investment Management Corp. (WAC) - Yankee Analysts (NYSE:WAC)
yankeeanalysts.com - December 20 at 9:31 AM
stocksdaily.net logoCan Walter Investment Management Corp. (NYSE:WAC) Meet Analysts EPS Target Of $-0.53? - Stocks Daily (NYSE:WAC)
www.stocksdaily.net - December 19 at 3:17 PM
stocksdaily.net logoQuarterly Accrued Expenses Of Walter Investment Management Corp. (NYSE:WAC) At $9.386 Millions - Stocks Daily (NYSE:WAC)
www.stocksdaily.net - December 18 at 4:31 AM
News IconADX Watch on Shares of Walter Investment Management Corp. (WAC) - Yankee Analysts (NYSE:WAC)
yankeeanalysts.com - December 17 at 6:04 AM
investornewswire.com logoStrong Sell Recommendations Of Walter Investment Management Corp. (NYSE:WAC) At 2 - Investor Newswire (NYSE:WAC)
www.investornewswire.com - December 14 at 2:19 AM
News IconShares Ticking Lower in Trade: Walter Investment Management Corp. (NYSE:WAC) - Prospect Journal (NYSE:WAC)
prospectjournal.com - December 13 at 4:16 PM
finance.yahoo.com logoWalter Investment Mgmt downgraded by Keefe Bruyette (NYSE:WAC)
finance.yahoo.com - December 13 at 4:16 PM
investornewswire.com logoEPS Target Of Walter Investment Management Corp. (NYSE:WAC ... - Investor Newswire (NYSE:WAC)
www.investornewswire.com - December 11 at 7:28 PM
News IconChecking Indicator Levels for Walter Investment Management Corp. (WAC) - Yankee Analysts (NYSE:WAC)
yankeeanalysts.com - December 11 at 8:14 AM
News IconTechnicals in Focus for Walter Investment Management Corp. (WAC) - Yankee Analysts (NYSE:WAC)
yankeeanalysts.com - December 9 at 4:00 PM

Social

What is Walter Investment Management Corp.'s stock symbol?

Walter Investment Management Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAC."

Where is Walter Investment Management Corp.'s stock going? Where will Walter Investment Management Corp.'s stock price be in 2017?

6 analysts have issued 12 month target prices for Walter Investment Management Corp.'s stock. Their forecasts range from $2.00 to $9.00. On average, they anticipate Walter Investment Management Corp.'s share price to reach $4.30 in the next year.

When will Walter Investment Management Corp. announce their earnings?

Walter Investment Management Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Walter Investment Management Corp. stock?

Walter Investment Management Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include New South Capital Management Inc. (8.73%), Raging Capital Management LLC (7.00%), GoodHaven Capital Management LLC (5.02%), State Street Corp (1.48%), Federated Investors Inc. PA (0.16%) and State Board of Administration of Florida Retirement System (0.10%). Company insiders that own Walter Investment Management Corp. stock include Alvaro G Demolina, Baker Street Capital Managemen, David C Schneider, James L Pappas and Stuart Douglass Boyd.

Who sold Walter Investment Management Corp. stock? Who is selling Walter Investment Management Corp. stock?

Walter Investment Management Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Raging Capital Management LLC, GoodHaven Capital Management LLC, New South Capital Management Inc., State Street Corp and Federated Investors Inc. PA.

Who bought Walter Investment Management Corp. stock? Who is buying Walter Investment Management Corp. stock?

Walter Investment Management Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. Company insiders that have bought Walter Investment Management Corp. stock in the last two years include Alvaro G Demolina, Baker Street Capital Managemen, David C Schneider and James L Pappas.

How do I buy Walter Investment Management Corp. stock?

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

How much does a share of Walter Investment Management Corp. stock cost?

One share of Walter Investment Management Corp. stock can currently be purchased for approximately $3.65.

Walter Investment Management Corp. (NYSE:WAC) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Walter Investment Management Corp. (NYSE:WAC)

Earnings History Chart

Earnings by Quarter for Walter Investment Management Corp. (NYSE:WAC)

Dividend History Chart

Dividend Payments by Quarter for Walter Investment Management Corp. (NYSE:WAC)

Last Updated on 2/22/2017 by MarketBeat.com Staff