Roth Capital Equities Analysts Decrease Earnings Estimates for GWG Holdings Inc (GWGH)
GWG Holdings Inc (NASDAQ:GWGH) – Equities research analysts at Roth Capital lowered their FY2016 earnings estimates for shares of GWG Holdings in a report issued on Wednesday. Roth Capital analyst W. Gibson now anticipates that the firm will post earnings per share of ($0.11) for the year, down from their prior estimate of $0.33. Roth Capital also issued estimates for GWG Holdings’ Q4 2016 earnings at ($0.31) EPS and FY2017 earnings at ($0.86) EPS.
GWGH has been the topic of a number of other reports. Zacks Investment Research lowered GWG Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, October 25th. Maxim Group began coverage on GWG Holdings in a research note on Thursday, July 21st. They set a “buy” rating and a $10.00 price target on the stock.
GWG Holdings (NASDAQ:GWGH) opened at 8.30 on Monday. GWG Holdings has a 12 month low of $4.21 and a 12 month high of $11.56. The firm’s market capitalization is $49.61 million. The company has a 50 day moving average price of $8.58 and a 200 day moving average price of $7.85.
GWG Holdings (NASDAQ:GWGH) last issued its quarterly earnings data on Tuesday, November 8th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.26) by $1.24. The business earned $13.90 million during the quarter, compared to analyst estimates of $16.06 million.
GWG Holdings Company Profile
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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