Citizens JMP analyst Mikhail Goberman lowered the firm’s price target on Guild Mortgage (GHLD) to $15.50 from $16.50 and keeps an Outperform rating on the shares. Guild’s adjusted EPS beat consensus estimates, though GAAP EPS was substantially lower than the gain of 4Q24, the analyst tells investors in a research note. While Q1 results were better than expected from an origination standpoint, yet continue to be impacted by challenging industry market conditions, the firm continues to believe Guild is in a strong position to weather the current mortgage environment and outperform the competition within the residential mortgage origination industry.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GHLD:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue