GWG Holdings Inc Forecasted to Earn Q1 2017 Earnings of ($0.16) Per Share (GWGH)
GWG Holdings Inc (NASDAQ:GWGH) – Roth Capital issued their Q1 2017 EPS estimates for GWG Holdings in a research note issued on Wednesday. Roth Capital analyst W. Gibson forecasts that the brokerage will post earnings per share of ($0.16) for the quarter. Roth Capital also issued estimates for GWG Holdings’ Q2 2017 earnings at ($0.26) EPS, Q3 2017 earnings at ($0.35) EPS and Q4 2017 earnings at ($0.10) EPS.
Other analysts have also issued reports about the company. Zacks Investment Research lowered GWG Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Maxim Group assumed coverage on GWG Holdings in a report on Thursday, July 21st. They set a “buy” rating and a $10.00 price objective for the company.
Shares of GWG Holdings (NASDAQ:GWGH) opened at 8.65 on Friday. The company has a 50 day moving average price of $8.58 and a 200 day moving average price of $7.82. The company’s market capitalization is $51.70 million. GWG Holdings has a 12-month low of $4.21 and a 12-month high of $11.56.
GWG Holdings (NASDAQ:GWGH) last issued its earnings results on Tuesday, November 8th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $1.24. The company had revenue of $13.90 million for the quarter, compared to analysts’ expectations of $16.06 million.
About GWG Holdings
GWG Holdings, Inc is a specialty finance company. The Company is a financial purchaser of life insurance assets in the secondary market. The Company creates opportunities for consumers owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies.
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