Overview Quote
Stock Activity
| Day Low - High | 37.26 - 38.19 |
| 52wk Low - High | 21.56 - 49.99 |
| Previous Close | 37.68 |
| Avg. Volume | 708,052 |
| Industry | REIT-MTGE TRUST |
| Market Cap | 1.39 B |
| Div - Yield | 0.00 - 0.00 |
| Beta | 0.21 |
| P/E (F1) | 9.70 |
| Current Year Est. | 3.88 |
| Quarterly Earnings ESP |
NA |
Premium research
Zacks Rank
|
3 |
Zacks Recommendation
|
Neutral |
Zacks Industry Rank
|
186 out of 265 |
Equity Research Report
|
PREMIUM |
( = Change in last 30 days)
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Company Description
Walter Investment Management Corp., headquartered in Tampa, FL, is a Mortgage portfolio owner and mortgage servicer specializing in subprime, non-conforming and other credit challenged mortgage assets. It is a residential mortgage servicing company with divisional offices located in Atlanta, Birmingham, Charlotte, Ft. Worth and Houston. The company holds licenses as a residential mortgage lender and/or servicer in over 30 states across the US, and presently has federal mortgage lending approval as a Title II Non-Supervised HUD Mortgagee. The portfolio primarily consists of mortgages on homes built by Jim Walter Homes, Inc. and its affiliated builders. The company is one of the few remaining organizations to provide portfolio servicing through a team of full-time field-based employees. It also operates mortgage advisory and insurance product lines of business.
NYSE data is at least 20 minutes delayed.
NASDAQ data is at least 15 minutes delayed.
Earnings Estimates
| Current Qtr (06/2013) |
Next Qtr (09/2013) |
Current Year (12/2013) |
Next Year (12/2014) |
|
|---|---|---|---|---|
| Average Estimate | 0.47 | 1.00 | 3.89 | 5.00 |
| Number of Estimates | 2 | 2 | 2 | 2 |
| Low Estimate | 0.24 | 0.99 | 3.76 | 4.95 |
| High Estimate | 0.69 | 1.02 | 4.01 | NA |
| Year Ago EPS | 0.54 | 0.70 | 2.44 | 3.89 |
| EPS Growth | -13.89% | 43.57% | 59.22% | 28.70% |
Industry Analysis
| Name | Symbol | Previous Close | Zacks Rank | Zacks Recommendation |
|---|---|---|---|---|
| WALTER INV MGMT | WAC | 37.68 | ![]() |
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| FIVE OAKS INVST | OAKS | 13.19 | ![]() |
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| ANWORTH MTGE | ANH | 5.74 | ![]() |
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| DYNEX CAP INC | DX | 10.46 | ![]() |
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| ISTAR FINL INC | SFI | 11.80 | ![]() |
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| AG MORTGAGE INV | MITT | 20.39 | ![]() |
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| AMER CAP AGENCY | AGNC | 25.33 | ![]() |
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| AMER CAP MTGE | MTGE | 20.18 | ![]() |
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| ANNALY CAP MGMT | NLY | 13.26 | ![]() |
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| ARBOR RLTY TRST | ABR | 6.57 | ![]() |
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Sector:Finance>> Industry:REIT-MTGE TRUST
Zacks Commentary
Ocwen Crafts New 52-Week High
Jun 12, 2013
Ocwen Soars to a New 52-Week High
May 13, 2013
Ocwen Reports Record Earnings
May 03, 2013
Wells Fargo to Sell MSRs to Walter
Apr 11, 2013
Company News for March 20, 2013
Mar 20, 2013
Ocwen to Buy Ally Bank's MSRs
Mar 13, 2013
Ocwen Misses on Bottom Line
Mar 01, 2013
Walter to Buy Ally's Mortgage Unit
Feb 21, 2013
Financials
| EPS TTM | 3.29 |
| Sales | 667 |
| Net Income | 0 |
| Price/Earnings | 11.45 |
| Price/Book | 1.50 |
| Price/Cash Flow | 8.47 |
| Price/Sales | 1.75 |
News
Ocwen to Service $78B Worth of ex-IndyMac Mortgages (Update 1) - TheStreet.com
Jun 14, 2013
Ocwen to Service $78B Worth of ex-IndyMac Mortgages (Update 2) - TheStreet.com
Jun 14, 2013
Walter Investment Management Crosses Above its 10-day MA (WAC) - Financial News Network Online - Moving Average Crossovers
Jun 13, 2013
Flagstar Bancorp: A Long-Term Buy - TheMotleyFool
Jun 12, 2013
Shares of Walter Investment Management Under Pressure, Down 4.4% - Financial News Network Online - Market Movers
Jun 11, 2013
Walter Investment Management Corp. To Present At The 2013 Morgan Stanley Financials Conference - Pr Newswire
Jun 11, 2013
Walter Investment Management In Retrospect: Shares Down 0.8% Since Upgraded One Week Ago (WAC) - Financial News Network Online - News Corner
Jun 11, 2013
Walter Investment Discloses Restatement - Mcclatchy-Tribune Information Services -- Unrestricted
Jun 8, 2013
Broker Recommendations
| Current ABR | 1.40 |
| ABR (Last Week) | 1.40 |
| # of recs in ABR | 5 |
| Average Target Price | 46.60 |
| Industry Rank by ABR | 186 out of 265 |
| Rank in Industry | 4 out of 32 |

