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

Guild Holdings (NYSE:GHLD) declared a quarterly dividend on Thursday, March 6th, RTT News reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.50 per share on Monday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 14.46%. The ex-dividend date of this dividend is Monday, March 17th.

Guild Stock Performance

Guild stock opened at $13.83 on Friday. The stock has a market cap of $855.88 million, a P/E ratio of -8.92, a price-to-earnings-growth ratio of 0.27 and a beta of 0.98. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.92. The stock has a 50 day moving average of $12.84 and a 200-day moving average of $14.30. Guild has a 52 week low of $11.21 and a 52 week high of $18.26.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Compass Point increased their target price on Guild from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. increased their target price on Guild from $11.50 to $12.50 and gave the company an “underweight” rating in a research note on Friday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Guild currently has an average rating of “Hold” and a consensus target price of $16.60.

About Guild

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.