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Last $15.99 USD
Change Today -0.53 / -3.21%
Volume 342.3K
WAC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

walter investment management (WAC) Snapshot

Open
$16.48
Previous Close
$16.52
Day High
$16.48
Day Low
$15.78
52 Week High
03/31/14 - $31.00
52 Week Low
01/14/15 - $14.16
Market Cap
603.1M
Average Volume 10 Days
294.9K
EPS TTM
$0.34
Shares Outstanding
37.7M
EX-Date
09/20/11
P/E TM
47.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for WALTER INVESTMENT MANAGEMENT (WAC)

walter investment management (WAC) Related Businessweek News

No Related Businessweek News Found

walter investment management (WAC) Details

Walter Investment Management Corp., a diversified mortgage banking firm, focuses primarily on the servicing and origination of residential loans in the United States. The company operates through six segments: Servicing, Originations, Reverse Mortgage, Asset Receivables Management, Insurance, and Loans and Residuals. The Servicing segment performs services for third-party credit owners of mortgage loans, as well as its mortgage loan portfolio. The Originations segment originates and purchases mortgage loans for third parties while retaining the servicing rights. The Reverse Mortgage segment primarily focuses on the origination, securitization, and servicing of reverse loans. This segment also performs servicing for third-party credit owners of reverse loans; and provides other services for the reverse mortgage market. The Asset Receivables Management segment collects post charge-off deficiency balances for itself and on behalf of third-party securitization trusts and other asset owners. The Insurance segment offers voluntary insurance for residential loan borrowers, and lender-placed hazard insurance for borrowers and credit owners, as well as other ancillary products through its insurance agency. The Loans and Residuals segment engages in the provision of assets and mortgage-backed debt of the residual trusts; and an unencumbered mortgage loan portfolio and real estate owned. Walter Investment Management Corp. was founded in 1958 and is based in Tampa, Florida.

6,700 Employees
Last Reported Date: 02/26/15
Founded in 1958

walter investment management (WAC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $575.0K
President of Green Tree Servicing, LLC
Total Annual Compensation: $333.0K
Vice Chairman, Chief Investment Officer and E...
Total Annual Compensation: $428.0K
Consultant
Total Annual Compensation: $430.0K
Compensation as of Fiscal Year 2013.

walter investment management (WAC) Key Developments

Walter Investment Management Corp. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Walter Investment Management Corp. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company's total revenues were $317,492,000 compared to $402,839,000 a year ago. Loss before income taxes was $109,060,000 compared to profit before income taxes of $6,905,000 a year ago. Adjusted loss before taxes was $3,477,000 compared to adjusted profit before income taxes of $50,457,000 a year ago. Adjusted EBITDA was $84,969,000 compared to $128,835,000 a year ago. Adjusted loss after taxes per diluted common and common equivalent share was $0.06 compared to earnings of $0.81 a year ago. For the year, the company's total revenues were $1,487,153,000 compared to $1,802,499,000 a year ago. Loss before income taxes was $119,340,000 compared to profit before income taxes of $412,818,000 a year ago. Net loss was $110,328,000 compared to net profit of $253,467,000 a year ago. Diluted loss per common and common equivalent share was $2.93 compared to earnings of $6.63 a year ago. Adjusted earnings before taxes was $265,767,000 compared to $442,019,000 a year ago. Adjusted EBITDA was $604,184,000 compared to $691,748,000 a year ago. Adjusted earnings after taxes per diluted common and common equivalent share was $4.31 compared to $7.15 a year ago.

Walter Investment Management Corp. to Report Q4, 2014 Results on Feb 26, 2015

Walter Investment Management Corp. announced that they will report Q4, 2014 results at 9:00 AM, Eastern Standard Time on Feb 26, 2015

Walter Investment Management Corp., Q4 2014 Earnings Call, Feb 26, 2015

Walter Investment Management Corp., Q4 2014 Earnings Call, Feb 26, 2015

 

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WAC Competitors

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Company Last Change
Flagstar Bancorp Inc $14.20 USD +0.10
Nationstar Mortgage Holdings Inc $25.02 USD -0.81
Newcastle Investment Corp $4.76 USD -0.02
PennyMac Financial Services Inc $16.59 USD -0.16
PHH Corp $24.12 USD +0.12
View Industry Companies
 

Industry Analysis

WAC

Industry Average

Valuation WAC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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