Guild (GHLD) Set to Announce Quarterly Earnings on Thursday

Guild (NYSE:GHLD) will be posting its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Guild to post earnings of $0.21 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Guild (NYSE:GHLD) last issued its earnings results on Tuesday, March 12th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.09. Guild had a negative net margin of 5.95% and a positive return on equity of 3.57%. The business had revenue of $57.23 million during the quarter, compared to analysts’ expectations of $164.82 million. On average, analysts expect Guild to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Guild Trading Up 2.6 %

NYSE:GHLD opened at $13.87 on Wednesday. Guild has a 52 week low of $9.45 and a 52 week high of $15.06. The stock has a market cap of $847.46 million, a price-to-earnings ratio of -21.34 and a beta of 1.03. The company’s 50 day moving average price is $14.24 and its 200-day moving average price is $13.55. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.85.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on GHLD shares. BTIG Research assumed coverage on Guild in a research note on Wednesday, February 21st. They issued a “buy” rating and a $18.00 price target for the company. Wells Fargo & Company upped their target price on shares of Guild from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 13th. Finally, JPMorgan Chase & Co. lowered shares of Guild from a “neutral” rating to an “underweight” rating and set a $14.00 price target for the company. in a research note on Wednesday, April 3rd.

Guild Company Profile

Guild Holdings Company originates, sells, and services residential mortgage loans in the United States. It operates in two segments, Origination and Servicing. The company offers residential mortgages through retail and correspondent channels. Guild Holdings Company was incorporated in 1960 and is headquartered in San Diego, California.