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: $16.85 million
  • Outstanding Shares: 36,541,000
Average Prices:
  • 50 Day Moving Avg: $0.53
  • 200 Day Moving Avg: $0.85
  • 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: 737,650 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) issued its quarterly earnings results on Tuesday, August, 9th. The company reported $0.07 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.04. The firm earned $187.50 million during the quarter, compared to the consensus estimate 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 business's revenue was down 54.5% compared to the same quarter last year. During the same period last year, the business posted $0.65 EPS. 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 equities research analysts have issued twelve-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 share price to reach $1.13 in the next year. 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 $0.49.


MarketBeat Community Rating for Walter Investment Management Corp. (NYSE WAC)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  354
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 (130.06% 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 10/18/2015 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:
DateHeadline
americanbankingnews.com logoReviewing Walter Investment Management Corp. (WAC) & The Competition
www.americanbankingnews.com - October 17 at 2:33 AM
americanbankingnews.com logoHead to Head Contrast: Walter Investment Management Corp. (WAC) and Meta Financial Group (CASH)
www.americanbankingnews.com - October 12 at 6:12 AM
americanbankingnews.com logoPorter Bancorp (PBIB) vs. Walter Investment Management Corp. (WAC) Critical Comparison
www.americanbankingnews.com - October 11 at 4:32 AM
finance.yahoo.com logoWhat Kind Of Risk And Return Should You Expect For Walter Investment Management Corp (WAC)?
finance.yahoo.com - October 6 at 12:43 PM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : September 27, 2017
finance.yahoo.com - October 3 at 2:48 PM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : September 27, 2017
finance.yahoo.com - October 3 at 2:48 PM
americanbankingnews.com logoFinancial Survey: Walter Investment Management Corp. (WAC) versus WSFS Financial Corporation (WSFS)
www.americanbankingnews.com - September 28 at 4:22 PM
finance.yahoo.com logoHow Should You Think About Walter Investment Management Corp’s (WAC) Risks?
finance.yahoo.com - September 23 at 10:54 AM
americanbankingnews.com logoContrasting Walter Investment Management Corp. (WAC) & Cathay General Bancorp (CATY)
www.americanbankingnews.com - September 17 at 10:32 PM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : September 6, 2017
finance.yahoo.com - September 6 at 10:07 AM
americanbankingnews.com logoCritical Survey: Cathay General Bancorp (CATY) and Walter Investment Management Corp. (WAC)
www.americanbankingnews.com - September 3 at 8:30 PM
americanbankingnews.com logoHead-To-Head Review: Walter Investment Management Corp. (WAC) and PennyMac Financial Services (PFSI)
www.americanbankingnews.com - August 26 at 2:16 AM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : August 25, 2017
finance.yahoo.com - August 25 at 8:39 PM
streetinsider.com logoWalter Investment Management (WAC) Receives NYSE Continued Listing Standard Notice
www.streetinsider.com - August 18 at 8:39 AM
finance.yahoo.com logoWalter Investment Management Corp. :WAC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 18 at 8:39 AM
americanbankingnews.com logoWalter Investment Management Corp. (WAC) vs. First Bank (FRBA) Head to Head Comparison
www.americanbankingnews.com - August 18 at 12:22 AM
streetinsider.com logoWalter Investment Management (WAC) Receives NYSE Continued ... - StreetInsider.com
www.streetinsider.com - August 17 at 9:11 AM
americanbankingnews.com logoReviewing Walter Investment Management Corp. (WAC) & Ellington Financial (EFC)
www.americanbankingnews.com - August 15 at 4:10 AM
streetinsider.com logoWalter Investment Management (WAC) Reports Q2 Loss of $2.58/Share
www.streetinsider.com - August 10 at 3:46 PM
prnewswire.com logoWalter Investment Management Corp. Announces Second Quarter 2017 Highlights And Financial Results - PR Newswire (press release)
www.prnewswire.com - August 10 at 9:33 AM
finance.yahoo.com logoWalter Investment Management Corp. Announces Second Quarter 2017 Highlights And Financial Results
finance.yahoo.com - August 10 at 9:33 AM
finance.yahoo.com logoWalter Investment Management Corp -- Moody's downgrades Walter's senior unsecured rating to Ca and senior secured rating to Caa2 after restructuring proposal
finance.yahoo.com - August 5 at 8:27 AM
streetinsider.com logoWalter Investment Management (WAC) Enters Restructuring Support Agreement with Certain Lenders
www.streetinsider.com - August 3 at 8:46 AM
streetinsider.com logoWalter Investment Management (WAC) Enters Restructuring Support Agreement with Certain Lenders - StreetInsider.com
www.streetinsider.com - August 2 at 8:35 AM
finance.yahoo.com logoWalter Investment Management Corp. Announces Agreement on Deleveraging Transactions - Enters Into Restructuring Support Agreement with Certain Lenders, and Announces Waivers from Certain Lenders and Noteholders
finance.yahoo.com - August 2 at 8:35 AM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : August 1, 2017
finance.yahoo.com - August 2 at 8:35 AM
americanbankingnews.com logoCritical Analysis: Walter Investment Management Corp. (NYSE:WAC) & Berkshire Hills Bancorp (BHLB)
www.americanbankingnews.com - July 31 at 9:41 AM
americanbankingnews.com logoWalter Investment Management Corp. (NYSE:WAC) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - July 31 at 8:16 AM
globenewswire.com logoStull, Stull & Brody Announces A Shareholder Derivative Lawsuit Was Filed Against Officers And Directors of Walter ... - GlobeNewswire (press release)
globenewswire.com - July 27 at 9:26 AM
finance.yahoo.com logoStull, Stull & Brody Announces A Shareholder Derivative Lawsuit Was Filed Against Officers And Directors of Walter Investment Management Corp.
finance.yahoo.com - July 27 at 9:25 AM
finance.yahoo.com logoWalter Investment Management Corp. Receives Continued Listing Standard Notice from the NYSE
finance.yahoo.com - July 17 at 11:31 AM
marketwatch.com logoMortgage Investment Stock Performance Review -- Ocwen Financial, Ally Financial, Santander Consumer, and Walter Investment Management
www.marketwatch.com - June 7 at 8:05 AM
seekingalpha.com logoWalter Investment says some financial statements no longer relied upon
seekingalpha.com - May 30 at 8:11 PM
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
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
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
marketbeat.com logoWalter Investment posts 1Q profit
marketbeat.com - May 10 at 6:43 AM
seekingalpha.com logoGet WACked?
seekingalpha.com - April 25 at 8:43 AM
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
businesswire.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 ...
www.businesswire.com - April 23 at 10:00 PM
feeds.benzinga.com logoIMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Reminds Investors with Losses to Contact the Firm
feeds.benzinga.com - April 21 at 2:48 PM
feeds.benzinga.com logoSHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses In Excess Of $100,000 From Investment In Walter Investment Management Corporation (WAC) To Contact Brower Piven Before The Lead Plaintiff Deadline In Class Action Lawsuit
feeds.benzinga.com - April 14 at 4:34 PM
prnewswire.com logoWALTER INVESTMENT SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK ... - PR Newswire (press release)
www.prnewswire.com - April 8 at 8:19 AM
globenewswire.com logoThe Klein Law Firm Announces a Class Action Filed on Behalf of Walter Investment Management Corp. Shareholders ... - GlobeNewswire (press release)
globenewswire.com - April 8 at 8:19 AM
businesswire.com logoINVESTOR ALERT: Brower Piven Encourages Shareholders Who Have Losses In Excess Of $100,000 From Investment In Walter Investment Management Corporation To Contact Brower Piven ...
www.businesswire.com - April 3 at 8:44 PM
bizjournals.com logoTroubled Tampa mortgage firm loses top lawyer
www.bizjournals.com - April 1 at 9:59 AM
biz.yahoo.com logoWALTER INVESTMENT MANAGEMENT CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 30 at 8:23 PM
businesswire.com logoINVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Walter Investment ... - Business Wire (press release)
www.businesswire.com - March 28 at 8:20 AM
seekingalpha.com logoWalter Investment Management: Multiple Positive Factors Should Drive Value Realization In 2017
seekingalpha.com - March 26 at 11:45 AM

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Chart

Walter Investment Management Corp. (WAC) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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