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

About Walter Investment Management Corp. (NYSE:WAC)

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: Retail & Mortgage Banks
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:WAC
  • CUSIP: 93317W10
  • Web: www.walterinvestment.com
Capitalization:
  • Market Cap: $18.52 million
  • Outstanding Shares: 36,541,000
Average Prices:
  • 50 Day Moving Avg: $0.54
  • 200 Day Moving Avg: $0.83
  • 52 Week Range: $0.30 - $8.11
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.0100
Sales & Book Value:
  • Annual Revenue: $947.12 million
  • Price / Sales: 0.02
  • Book Value: ($3.09) per share
  • Price / Book: -0.16
Profitability:
  • Net Margins: -18.10%
  • Return on Equity: -796.24%
  • Return on Assets: -0.52%
Debt:
  • Debt-to-Equity Ratio: -126.69%
  • Current Ratio: 16.96%
  • Quick Ratio: 16.96%
Misc:
  • Average Volume: 736,037 shs.
  • Beta: 0.58
  • Short Ratio: 4.1
 

Frequently Asked Questions for Walter Investment Management Corp. (NYSE:WAC)

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."

How were Walter Investment Management Corp.'s earnings last quarter?

Walter Investment Management Corp. (NYSE:WAC) announced its quarterly earnings data on Tuesday, August, 9th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.04. The firm had revenue of $187.50 million for the quarter, compared to analysts' expectations of $284.14 million. Walter Investment Management Corp. had a negative return on equity of 796.24% and a negative net margin of 18.10%. The firm's revenue for the quarter was down 54.5% on a year-over-year basis. During the same period last year, the business posted $0.65 earnings per share. View Walter Investment Management Corp.'s Earnings History.

When will Walter Investment Management Corp. make its next earnings announcement?

Walter Investment Management Corp. is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Walter Investment Management Corp..

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

2 brokers have issued 12 month price objectives for Walter Investment Management Corp.'s shares. Their forecasts range from $1.00 to $1.25. On average, they expect Walter Investment Management Corp.'s stock price to reach $1.13 in the next twelve months. View Analyst Ratings for Walter Investment Management Corp..

Who are some of Walter Investment Management Corp.'s key competitors?

Who are Walter Investment Management Corp.'s key executives?

Walter Investment Management Corp.'s management team includes the folowing people:

  • George M. Awad, Executive Chairman of the Board
  • Anthony N. Renzi, President, Chief Executive Officer, Director
  • Gary L. Tillett, Chief Financial Officer, Executive Vice President
  • John J. Haas, General Counsel, Chief Legal Officer, Company Secretary
  • Daniel G. Beltzman, Director
  • Michael M. Bhaskaran, Director
  • Neal P. Goldman, Director
  • Alvaro G. De Molina, Independent Director
  • William J. Meurer, Independent Director

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.

What is Walter Investment Management Corp.'s stock price today?

One share of Walter Investment Management Corp. stock can currently be purchased for approximately $0.51.


MarketBeat Community Rating for Walter Investment Management Corp. (NYSE WAC)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  118 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  356
MarketBeat's community ratings are surveys of what our community members think about Walter Investment Management Corp. 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 Walter Investment Management Corp. (NYSE:WAC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $1.13 (121.94% upside)
Consensus Price Target History for Walter Investment Management Corp. (NYSE:WAC)
Price Target History for Walter Investment Management Corp. (NYSE:WAC)
Analysts' Ratings History for Walter Investment Management Corp. (NYSE:WAC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Wells Fargo & CompanyUpgradeUnderperform -> Market Perform$1.25HighView Rating Details
4/19/2017Keefe, Bruyette & WoodsReiterated RatingSell$1.00LowView Rating Details
8/10/2016Barclays PLCLower Price TargetUnderweight$5.00 -> $2.00N/AView Rating Details
8/5/2016WunderlichUpgradeHold -> BuyN/AView Rating Details
5/4/2016Compass PointLower Price TargetSell$6.00 -> $2.50N/AView Rating Details
5/4/2016FBR & CoLower Price TargetUnderperform$7.00 -> $3.00N/AView Rating Details
3/7/2016Credit Suisse GroupLower Price TargetNeutral$22.00 -> $9.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Walter Investment Management Corp. (NYSE:WAC)
Earnings by Quarter for Walter Investment Management Corp. (NYSE:WAC)
Earnings History by Quarter for Walter Investment Management Corp. (NYSE WAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017($0.46)N/AView Earnings Details
5/10/2017Q1 2017($0.98)($0.70)$245.60 million$245.29 millionViewN/AView Earnings Details
3/14/2017Q4 2016($0.35)($1.10)$272.20 million$444.10 millionViewListenView Earnings Details
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)
2017 EPS Consensus Estimate: ($3.84)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.98)($0.98)($0.98)
Q2 20171($0.98)($0.98)($0.98)
Q3 20171($0.94)($0.94)($0.94)
Q4 20171($0.94)($0.94)($0.94)
(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 and Institutional Ownership History for Walter Investment Management Corp. (NYSE:WAC)
Insider Ownership Percentage: 46.58%
Institutional Ownership Percentage: 56.50%
Insider Trades by Quarter for Walter Investment Management Corp. (NYSE:WAC)
Institutional Ownership by Quarter for Walter Investment Management Corp. (NYSE:WAC)
Insider Trades by Quarter for Walter Investment Management Corp. (NYSE:WAC)
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

Headline Trends for Walter Investment Management Corp. (NYSE:WAC)
Latest Headlines for Walter Investment Management Corp. (NYSE:WAC)
Source:
Loading headlines, please wait.

Social

Chart

Walter Investment Management Corp. (WAC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.