Guild mortgage Third Quarter 2024 Investor Presentation NOVEMBER 6, 2024 Disclaimer 2 Forward-Looking Statements This presentation contains forward-looking statements. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely result," "expect," "continue," "will ...

Guild Holdings Company (GHLD) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.92%. A quarter ago, it was expected that this company would post earnings of $0.28 per share when it actually produced earnings of $0.49, delivering a surprise of 75%.Over the last four quarters, the comp ...

Financial Performance - Total originations for Q3 2024 were $6.9 billion, up 6% sequentially and 59% year-over-year[2]. - Net revenue for Q3 2024 was $159.3 million, a decrease of 44% from the prior quarter[7]. - Net loss attributable to Guild in Q3 2024 was $66.9 million, compared to a net income of $37.6 million in the prior quarter[3]. - Adjusted net income for Q3 2024 was $31.7 million, up 3% from the previous quarter[7]. - The company reported a diluted loss per share of $(1.09) for the current period, compared to a diluted earnings per share of $0.60 in the previous period[34]. - The company’s total expenses for the three months ended September 30, 2024, were $252,090, an increase of 4.0% from $241,158 in the previous quarter[35]. - Adjusted EBITDA for the three months ended September 30, 2024, was $46,400, an increase from $41,600 in the previous quarter[43]. Asset and Equity Changes - Total assets increased to $4,644,441 thousand as of September 30, 2024, compared to $3,676,720 thousand on December 31, 2023, reflecting a growth of approximately 26.4%[31]. - Total stockholders' equity decreased to $1,157,896 thousand from $1,183,493 thousand, a decline of about 2.2%[32]. - Total stockholders' equity attributable to Guild as of September 30, 2024, was $1,157.4 million, down from $1,183.2 million as of December 31, 2023[46]. - The tangible common equity as of September 30, 2024, was $929.1 million, compared to $971.9 million as of December 31, 2023[46]. - The book value per share as of September 30, 2024, was $18.85, down from $19.36 as of December 31, 2023[46]. - The tangible net book value per share as of September 30, 2024, was $15.14, compared to $15.90 as of December 31, 2023[46]. Loan and Servicing Metrics - The servicing portfolio's unpaid principal balance was $91.5 billion as of September 30, 2024, up 3% from the prior quarter[3]. - The company achieved a gain on sale margin on originations of 333 basis points in Q3 2024, an increase of 2 basis points from the prior quarter[7]. - The company retained mortgage servicing rights for 67% of total loans sold in Q3 2024[10]. - Mortgage loans held for sale rose significantly to $1,763,121 thousand, up from $901,227 thousand, indicating an increase of about 95.5%[31]. - The fair value of mortgage servicing rights increased to $1,197,432 thousand from $1,161,357 thousand, reflecting a growth of approximately 3.1%[31]. - The refinance recapture rate increased to 41% for the three months ended September 30, 2024, compared to 22% in the previous quarter[38]. Cash and Stock Activity - The cash and cash equivalents position was $106.2 million as of September 30, 2024[14]. - The company’s cash and cash equivalents decreased to $106,151 thousand from $120,260 thousand, a decline of about 11.7%[31]. - The company repurchased 23,746 shares of Class A common stock at an average price of $14.29 per share during Q3 2024[13]. - The ending shares of Class A and Class B common stock outstanding as of September 30, 2024, were 61.4 million, slightly up from 61.1 million as of December 31, 2023[46]. Strategic Initiatives - The company is actively pursuing M&A opportunities to enhance market share and origination volume, although specific future revenue expectations were not disclosed[22]. - The company highlighted the importance of adapting to technological changes and maintaining referral relationships to mitigate competitive pressures[22].

Core Viewpoint - Guild Holdings Company (GHLD) has experienced significant selling pressure, resulting in a 14.2% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted, indicating potential for recovery [1]. Group 1: Stock Performance and Technical Indicators - GHLD's stock is currently in oversold territory, with a Relative Strength Index (RSI) reading of 27.62, suggesting a possible trend reversal [3]. - The RSI is a momentum oscillator that helps identify oversold conditions when the reading falls below 30, indicating potential entry opportunities for investors [2]. Group 2: Earnings Estimates and Analyst Sentiment - There has been a 5.2% increase in the consensus EPS estimate for GHLD over the last 30 days, driven by a strong agreement among sell-side analysts to raise earnings estimates for the current year [3]. - GHLD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a price rebound [3].

Market Overview - Major bourses on Wall Street rebounded after early August declines due to encouraging retail sales and initial claims reports that alleviated recession fears [1] - Federal Reserve Chair Jerome Powell indicated that the time has come for interest rate cuts, contributing to the rise in stock prices [1] - Current tensions in the Middle East may dampen the upward trajectory of the market [1] Breakout Stocks Strategy - Investors are advised to focus on breakout stocks that can capitalize on the broader uptrend in the stock market [2] - Breakout stocks are identified by their price movements within a narrow band, with optimal buying opportunities occurring just before a breakout above this trading band [2] Selected Breakout Stocks - American Guild Holdings Company (GHLD), DoubleDown Interactive Co., Ltd. (DDI), and Travelzoo (TZOO) have been identified as breakout stocks for the day [3] Breakout Stock Selection Criteria - To select breakout stocks, it is essential to calculate support and resistance levels, where support is the lower bound and resistance is the upper bound of stock movements [4][5] - A genuine breakout occurs when the previous resistance level becomes the new support level, validated by long-term price trends [7] Screening Criteria - Stocks must show a percentage price change over four weeks between 10% and 20% [8] - Current price must be at least 90% of the 52-week high [8] - Zacks Rank must be less than or equal to 2, indicating strong buy ratings [8] - Beta for 60 months must be less than or equal to 2, and current price must be $20 or less [8] - These criteria narrow the stock universe from over 6,853 to only 23 candidates [8] Company Profiles - **American Guild Holdings Company (GHLD)**: Provides financial services, primarily residential mortgage loans in the U.S., with an expected earnings growth rate of 96.2% for the current year [9] - **DoubleDown Interactive Co., Ltd. (DDI)**: Develops and publishes digital social casino games, with an expected earnings growth rate of 15.8% for the current year [10] - **Travelzoo (TZOO)**: An Internet media company with an expected earnings growth rate of 18.8% for the current year [11]

Guild Holdings Company (GHLD) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings est ...

Guild mortgage Second Quarter 2024 Investor Presentation AUGUST 8, 2024 Disclaimer 2 Forward-Looking Statements This presentation containsforward-looking statements. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely result," "expect," "continue," "will," ...

Guild Holdings Company (NYSE:GHLD) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Nikki Sacks - IR Terry Schmidt - CEO David Neylan - President Amber Kramer - CFO Conference Call Participants Don Fandetti - Wells Fargo Derek Sommers - Jefferies Eric Hagen - BTIG Rick Shane - JPMorgan Operator Good afternoon, ladies and gentlemen, and welcome to the Guild Holdings Company Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. L ...

Guild Holdings Company (GHLD) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.13, delivering a surprise of -38.10%. Over the last four quarters, the c ...

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