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: Mortgage Investment
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:WAC
  • CUSIP: 93317W10
  • Web: www.walterinvestment.com
Capitalization:
  • Market Cap: $51.52 million
  • Outstanding Shares: 36,541,000
Average Prices:
  • 50 Day Moving Avg: $1.27
  • 200 Day Moving Avg: $3.29
  • 52 Week Range: $0.64 - $8.11
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.79
  • P/E Growth: 0.01
Sales & Book Value:
  • Annual Revenue: $922.29 million
  • Price / Sales: 0.06
  • Book Value: $7.76 per share
  • Price / Book: 0.18
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%
Misc:
  • Average Volume: 830,992 shs.
  • Beta: 0.8
  • Short Ratio: 7.03
 

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) posted its earnings results on Wednesday, May, 10th. The company reported ($0.70) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.98) by $0.28. The company had revenue of $245.29 million for the quarter, compared to analyst estimates of $245.60 million. Walter Investment Management Corp had a negative net margin of 70.66% and a negative return on equity of 9.79%. The business's revenue for the quarter was up 267.4% compared to the same quarter last year. During the same period last year, the business posted ($0.50) earnings per share. View Walter Investment Management Corp's Earnings History.

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

4 brokers have issued 1 year price targets for Walter Investment Management Corp's stock. Their predictions range from $1.00 to $2.00. On average, they anticipate Walter Investment Management Corp's share price to reach $1.42 in the next year. View Analyst Ratings for Walter Investment Management Corp.

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

Who owns Walter Investment Management Corp stock?

Walter Investment Management Corp's stock is owned by many different of retail and institutional investors. Top institutional investors include Raging Capital Management LLC (6.99%), GoodHaven Capital Management LLC (3.69%), Vanguard Group Inc. (3.22%), California Public Employees Retirement System (1.69%), Schwab Charles Investment Management Inc. (1.20%) and Geode Capital Management LLC (0.68%). 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. View Institutional Ownership Trends for Walter Investment Management Corp.

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 GoodHaven Capital Management LLC and Vanguard Group Inc.. View Insider Buying and Selling for Walter Investment Management Corp.

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 Schwab Charles Investment Management Inc., California Public Employees Retirement System, Bank of New York Mellon Corp and Geode Capital Management LLC. 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. View Insider Buying and Selling for Walter Investment Management Corp.

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 $1.41.

Analyst Ratings

Consensus Ratings for Walter Investment Management Corp (NYSE:WAC) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $1.42 (0.47% upside)

Analysts' Ratings History for Walter Investment Management Corp (NYSE:WAC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Wells Fargo & CoUpgradeUnderperform -> 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 Group AGLower Price TargetNeutral$22.00 -> $9.00N/AView Rating Details
(Data available from 5/27/2015 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
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: 50.10%
Institutional Ownership Percentage: 94.02%
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:
DateHeadline
americanbankingnews.com logoWalter Investment Management Corp (WAC) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 17 at 9:38 AM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : May 15, 2017
finance.yahoo.com - May 15 at 7:45 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Complaint in U.S. District Court to Recover Losses Suffered by Investors in Walter Investment Management Corp. and Lead Plaintiff Deadline of May 15, 2017 - WAC
finance.yahoo.com - May 13 at 2:50 AM
finance.yahoo.com logoFINAL DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Walter Investment Management Corp. (WAC) and Lead Plaintiff Deadline - May 15, 2017
finance.yahoo.com - May 13 at 2:50 AM
finance.yahoo.com logoWalter Investment Management Corp. :WAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 13 at 2:50 AM
finance.yahoo.com logoWAC UPCOMING DEADLINE ALERT: The Law Offices of Vincent Wong Reminds Investors of Walter Investment Management Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - May 13 at 2:50 AM
finance.yahoo.com logoWALTER INVESTMENT 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit against Walter Investment Management Corporation - (WAC)
finance.yahoo.com - May 13 at 2:50 AM
finance.yahoo.com logoMAY 15 DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 13 at 2:50 AM
businesswire.com logoWAC Investors: GPM Reminds Investors of the May 15 Deadline in the Class Action Lawsuit Against Walter Investment Management
www.businesswire.com - May 12 at 4:21 AM
finance.yahoo.com logoMONDAY DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 12 at 4:21 AM
seekingalpha.com logoWalter Investment Management's (WAC) CEO Anthony Renzi on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 11 at 3:20 AM
finance.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Walter Investment Management Corp. (WAC) & Lead Plaintiff Deadline - May 15, 2017
finance.yahoo.com - May 11 at 3:20 AM
finance.yahoo.com logoEdited Transcript of WAC earnings conference call or presentation 10-May-17 1:00pm GMT
finance.yahoo.com - May 11 at 3:20 AM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Lifted to "Market Perform" at Wells Fargo & Co
www.americanbankingnews.com - May 10 at 6:28 PM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Posts Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - May 10 at 12:53 PM
bizjournals.com logoWalter Investment Management Corp. Announces First Quarter 2017 Highlights And Financial Results
www.bizjournals.com - May 10 at 9:53 AM
seekingalpha.com logoWalter Investment Management Corp 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 10 at 9:53 AM
finance.yahoo.com logoTampa’s worst-performing company moves executive offices out of state
finance.yahoo.com - May 10 at 9:53 AM
marketbeat.com logoWalter Investment posts 1Q profit
marketbeat.com - May 10 at 6:43 AM
finance.yahoo.com logoThe Klein Law Firm Reminds Shareholders of a Class Action on Behalf of Walter Investment Management Corp. Shareholders and a Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - May 9 at 8:04 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors who Suffered Losses in Excess of $100,000 Investing in Walter Investment Management Corp. to Contact the Firm before Imminent Lead Plaintiff Deadline
finance.yahoo.com - May 9 at 8:04 PM
finance.yahoo.com logoLaw Offices of Howard G. Smith Reminds Walter Investment Management Investors of Upcoming Lead Plaintiff Deadline and Encourages Investors to Contact the Firm
finance.yahoo.com - May 8 at 8:07 PM
finance.yahoo.com logo7-DAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 8 at 8:07 PM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - May 8 at 9:41 AM
finance.yahoo.com logoUPCOMING DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 6 at 1:31 AM
finance.yahoo.com logoEQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Filed Complaint in U.S. District Court to Recover Losses Suffered by Investors in Walter Investment Management Corp. and Lead Plaintiff Deadline of May 15, 2017 -- WAC
finance.yahoo.com - May 5 at 3:37 AM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Earns Daily News Sentiment Score of 0.13
www.americanbankingnews.com - May 4 at 4:44 PM
finance.yahoo.com logoWALTER INVESTMENT SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit against Walter Investment Management Corporation
finance.yahoo.com - May 3 at 11:56 PM
finance.yahoo.com logoIMPORTANT EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 3 at 9:48 AM
finance.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Walter Investment Management Corp. (WAC) and Lead Plaintiff Deadline - May 15, 2017
finance.yahoo.com - May 2 at 6:42 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Complaint in U.S. District Court to Recover Losses Suffered by Investors in Walter Investment Management Corp. and Sets Lead Plaintiff Deadline of May 15, 2017 -- WAC
finance.yahoo.com - May 2 at 6:42 PM
finance.yahoo.com logoWAC NOTICE: Rosen Law Firm Reminds Walter Investment Management Corp. Investors of Important Deadline in First Filed Class Action - WAC
finance.yahoo.com - May 2 at 6:42 PM
finance.yahoo.com logoWALTER INVESTMENT SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors of Lead Plaintiff Deadline in Lawsuit against Walter Investment Management Corporation
finance.yahoo.com - May 2 at 8:19 AM
finance.yahoo.com logoWalter Investment Management Corp. Invites You To Its First Quarter 2017 Earnings Call On The Web
finance.yahoo.com - May 1 at 7:42 PM
finance.yahoo.com logoAPPROACHING DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - May 1 at 7:42 PM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Receives Media Sentiment Rating of 0.31
www.americanbankingnews.com - May 1 at 4:10 PM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Walter Investment Management Corp. (WAC) and Lead Plaintiff Deadline - May 15, 2017
finance.yahoo.com - April 30 at 1:52 AM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 7:12 AM
finance.yahoo.com logoEQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management …
finance.yahoo.com - April 29 at 2:16 AM
finance.yahoo.com logoAPPROACHING DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 29 at 2:16 AM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Earns Media Sentiment Score of -0.08
www.americanbankingnews.com - April 28 at 1:34 PM
finance.yahoo.com logoThe Klein Law Firm Reminds Shareholders of Commencement of a Class Action on Behalf of Walter Investment Management Corp. Shareholders and a Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - April 27 at 11:12 PM
finance.yahoo.com logoEQUITY ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 27 at 11:12 PM
finance.yahoo.com logoWAC SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Walter Investment Management Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2017
finance.yahoo.com - April 25 at 7:33 PM
finance.yahoo.com logoIMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 25 at 7:33 PM
americanbankingnews.com logoWalter Investment Management Corp (WAC) Receiving Somewhat Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 25 at 3:28 PM
seekingalpha.com logoGet WACked?
seekingalpha.com - April 25 at 8:43 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Complaint in U.S. District Court to Recover Losses Suffered by Investors in Walter Investment Management Corp.
finance.yahoo.com - April 24 at 6:57 PM
finance.yahoo.com logoINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
finance.yahoo.com - April 24 at 6:57 PM
feeds.benzinga.com logoIMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
feeds.benzinga.com - April 24 at 12:55 PM

Social

Chart

Walter Investment Management Corp (WAC) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff