Guild Holdings Declares Quarterly Dividend of $0.50 (NYSE:GHLD)

Guild Holdings (NYSE:GHLDGet Free Report) declared a quarterly dividend on Thursday, March 6th, RTT News reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.50 per share on Monday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 15.07%.

Guild Trading Down 0.4 %

Shares of GHLD stock opened at $13.28 on Friday. The firm has a market cap of $821.54 million, a P/E ratio of -8.56, a PEG ratio of 0.27 and a beta of 0.98. Guild has a 1-year low of $11.21 and a 1-year high of $18.26. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06. The firm’s 50-day simple moving average is $12.84 and its 200-day simple moving average is $14.30.

Analyst Upgrades and Downgrades

Several research analysts recently commented on GHLD shares. Wedbush restated an “outperform” rating and issued a $20.00 price target on shares of Guild in a report on Thursday, November 7th. Wells Fargo & Company dropped their price objective on shares of Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. dropped their price objective on shares of Guild from $13.00 to $11.50 and set an “underweight” rating on the stock in a research note on Tuesday, January 14th. Finally, Compass Point lifted their price objective on shares of Guild from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.40.

Read Our Latest Research Report on GHLD

About Guild

(Get Free Report)

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.

See Also

Dividend History for Guild (NYSE:GHLD)

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