Guild Holdings (GHLD) to Issue Quarterly Dividend of $0.50 on March 31st

Guild Holdings (NYSE:GHLD) declared a quarterly dividend on Thursday, March 6th, RTT News reports. Investors 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 dividend on an annualized basis and a yield of 15.20%. The ex-dividend date is Monday, March 17th.

Guild Stock Down 0.1 %

Guild stock opened at $13.16 on Friday. The firm has a market cap of $814.42 million, a price-to-earnings ratio of -8.49, a PEG ratio of 0.27 and a beta of 0.98. The stock has a fifty day simple moving average of $12.77 and a two-hundred day simple moving average of $14.16. Guild has a 12 month low of $11.21 and a 12 month high of $18.26. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.92.

Analyst Upgrades and Downgrades

A number of research firms have commented on GHLD. Compass Point lifted their target price on Guild from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. lifted their target price on Guild from $11.50 to $12.50 and gave the stock an “underweight” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target 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.