WAC - Walter Investment Management Corp.

NYSE - NYSE Delayed Price. Currency in USD
0.7558
+0.0347 (+4.8121%)
At close: 4:02PM EST

0.9800 +0.25 (34.23%)
Pre-market: 8:50AM EST

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Previous close0.7211
Open0.7120
Bid1.0000 x 8200
Ask1.0300 x 2500
Day's range0.6533 - 0.7999
52-week range0.3000 - 4.2500
Volume298,540
Avg. volume842,933
Market cap28.247M
Beta0.45
PE ratio (TTM)N/A
EPS (TTM)-4.7060
Earnings date12 Mar 2018 - 16 Mar 2018
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2011-09-20
1y target est0.75
Trade prices are not sourced from all markets
  • PR Newswire15 hours ago

    Walter Investment Management Corp. Prepackaged Chapter 11 Plan Approved By Court

    FORT WASHINGTON, Pa., Jan. 17, 2018 /PRNewswire/ -- Walter Investment Management Corp. ("Walter" or the "Company") (NYSE:WAC.BC) today announced that the United States Bankruptcy Court for the Southern District of New York (the "Court") has approved the Company's prepackaged financial restructuring plan (the "Prepackaged Plan"). The Company expects to emerge from Chapter 11 by no later than January 31, 2018, after the conditions to the Prepackaged Plan are satisfied, and the Company is on track to complete its financial restructuring in the first quarter of 2018.

  • The Wall Street Journallast month

    [$$] Firm Retention Summary: Walter Investment Management Corp.

    This is a summary of a request from Walter Investment Management Corp. to hire Weil Gotshal & Manges LLP as attorneys, filed Dec. 1 with the U.S. Bankruptcy Court in New York.

  • PR Newswirelast month

    Walter Investment Management Corp. Announces Senior Executive Changes

    Jerry Lombardo Joins Company to Succeed Gary Tillett as Chief Financial Officer Jeffrey Baker Appointed Chief Operations Officer FORT WASHINGTON, Pa. , Dec. 6, 2017 /PRNewswire/ -- Walter Investment Management ...

  • The Wall Street Journal2 months ago

    [$$] Mortgage Servicer Walter Investment Files for Bankruptcy

    Heavily indebted mortgage servicer Walter Investment Management Corp. has filed for bankruptcy protection with a plan to turn over the firm’s ownership to some of its lenders.

  • PR Newswire2 months ago

    Walter Investment Management Corp. Files Prepackaged Chapter 11 Plan To Continue Implementation Of Its Previously Announced Financial Restructuring

    FORT WASHINGTON, Pa., Nov. 30, 2017 /PRNewswire/ -- Walter Investment Management Corp. ("Walter" or the "Company") (NYSE:WAC.BC) today announced that, as expected, the Company filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the Southern District of New York (the "Court") to execute a prepackaged financial restructuring plan (the "Prepackaged Plan"). At the conclusion of the financial restructuring process, which is expected to occur in the first quarter of 2018, the Company expects that it will have reduced its outstanding corporate debt by approximately $800 million1 and enhanced its financial flexibility. The Prepackaged Plan incorporates the previously announced agreements (the "RSAs") the Company reached with certain lenders holding term loans under the Company's Amended and Restated Credit Agreement, dated as of December 19, 2013 (the "Lenders") and certain holders of its outstanding 7.875% Senior Unsecured Notes due 2021 (the "Senior Noteholders").

  • The Wall Street Journal2 months ago

    [$$] Rizzo's Take: November Leveraged Loan Defaults Spike Due to Retail, Energy

    A spike in the number of leveraged loan defaults this month, in addition to other expected defaults in the coming days, could make November the month with the most default activity since January 2012, ...

  • Associated Press2 months ago

    Walter Investment reports 3Q loss

    On a per-share basis, the Fort Washington, Pennsylvania-based company said it had a loss of $3.38. Losses, adjusted for non-recurring costs and stock option expense, were 86 cents per share. The loan-servicing ...

  • PR Newswire2 months ago

    Walter Investment Management Corp. Announces Third Quarter 2017 Highlights And Financial Results

    - Reported third quarter 2017 GAAP net loss of $124.1 million , or $3.38 per share - Continue to reduce costs and improve efficiency across business lines - Progressing on financial restructuring - commenced ...

  • The Wall Street Journal3 months ago

    [$$] Walter Investment Management Urges Lenders to Support Restructuring Deal

    Mortgage servicer has negotiated a debt-for-equity swap with some lenders that company officials said will strengthen its financial health.

  • PR Newswire3 months ago

    Walter Investment Management Corp. Reaches Agreement With Term Lenders And Senior Noteholders On Financial Restructuring

    FORT WASHINGTON, Pa., Oct. 20, 2017 /PRNewswire/ -- Walter Investment Management Corp. ("Walter" or the "Company") (NYSE:WAC.BC) today announced that it has entered into a Restructuring Support Agreement (the "Noteholder RSA") with certain holders (the "Noteholders") of more than 50% by principal amount of the Company's 7.875% Senior Notes due 2021 (the "Senior Notes") that contemplates a financial restructuring which, if consummated, is expected to strengthen the Company's balance sheet. The Company also announced that it has entered into an Amended and Restated Restructuring Support Agreement (the "Term Lender RSA" and, collectively with the Noteholder RSA, the "RSAs") with certain lenders (the "Lenders") holding term loans (the "Term Loans") under the Company's Amended and Restated Credit Agreement, dated as of December 19, 2013 (the "Existing Credit Agreement"), in an amount more than 48% of the outstanding Term Loans.

  • Associated Press8 months ago

    Walter Investment posts 1Q profit

    The Tampa, Florida-based company said it had net income of 5 cents per share. Losses, adjusted for one-time gains and costs, came to 70 cents per share. The loan-servicing company posted revenue of $245.3 ...

  • Associated Press10 months ago

    Walter Investment reports 4Q loss

    The Tampa, Florida-based company said it had a loss of 61 cents per share. Losses, adjusted for one-time gains and costs, were $1.10 per share. The loan-servicing company posted revenue of $444.1 million ...