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: $16.44 million
  • Outstanding Shares: 36,541,000
Average Prices:
  • 50 Day Moving Avg: $0.46
  • 200 Day Moving Avg: $1.01
  • 52 Week Range: $0.30 - $8.11
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.010
Sales & Book Value:
  • Annual Revenue: $947.12 million
  • Price / Sales: 0.02
  • Book Value: ($3.09) per share
  • Price / Book: -0.15
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: 661,411 shs.
  • Beta: 0.61
  • 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 earnings results on Tuesday, August, 9th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.04. The company earned $187.50 million during the quarter, compared to analysts' expectations of $284.14 million. Walter Investment Management Corp. had a negative net margin of 18.10% and a negative return on equity of 796.24%. The firm's quarterly revenue was down 54.5% compared to the same quarter last year. During the same period last year, the company 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 analysts have issued 12-month target prices for Walter Investment Management Corp.'s shares. Their predictions 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 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

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 shareholders include INTEGRATED CORE STRATEGIES (US) LLC (4.90%), Vanguard Group Inc. (3.12%), California Public Employees Retirement System (1.63%), GSA Capital Partners LLP (0.73%), Alta Fundamental Advisers LLC (0.68%) and Goldman Sachs Group Inc. (0.66%). Company insiders that own Walter Investment Management Corp. stock include Alvaro G Demolina, 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 Vanguard Group Inc. and California Public Employees Retirement System. 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 purchased by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Alta Fundamental Advisers LLC, Goldman Sachs Group Inc., Virtu KCG Holdings LLC and CQS Cayman LP. Company insiders that have bought Walter Investment Management Corp. stock in the last two years include Alvaro G Demolina, 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.

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

One share of Walter Investment Management Corp. stock can currently be purchased for approximately $0.46.


MarketBeat Community Rating for Walter Investment Management Corp. (NYSE WAC)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  112 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  343
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 (142.46% upside)

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 9/19/2015 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 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
americanbankingnews.com logoWalter Investment Management Corp. (WAC) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - July 13 at 10:25 AM
americanbankingnews.com logoWalker & Dunlop (WD) and Walter Investment Management Corp. (WAC) Head to Head Contrast
www.americanbankingnews.com - June 23 at 11:12 AM
americanbankingnews.com logoContrasting LendingTree (TREE) and Walter Investment Management Corp. (WAC)
www.americanbankingnews.com - June 16 at 8:25 AM
americanbankingnews.com logoReviewing Walter Investment Management Corp. (WAC) and Nationstar Mortgage Holdings (NSM)
www.americanbankingnews.com - June 12 at 8:42 AM
finance.yahoo.com logoWalter Investment Management Corp -- Moody's downgrades Walter's senior unsecured rating to Caa3 and senior secured rating to Caa1; outlook negative
finance.yahoo.com - June 8 at 1:58 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
finance.yahoo.com logo[$$] Companies to Watch - June 5, 2017
finance.yahoo.com - June 6 at 1:53 AM
seekingalpha.com logoWalter Investment says some financial statements no longer relied upon
seekingalpha.com - May 30 at 8:11 PM
finance.yahoo.com logoETFs with exposure to Walter Investment Management Corp. : May 30, 2017
finance.yahoo.com - May 30 at 8:11 PM
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

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Chart

Walter Investment Management Corp. (WAC) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff