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KBW Bullish On Flagstar, Sees Multiple's Expansion
Tuesday, June 28, 2016 - 9:47am | 302Flagstar Bancorp Inc (NYSE: FBC) has seen a decline of 7.2 percent in its share price over the past two days. On June 27, the company announced that it has received approval to redeem its TARP preferred stock. Bose George of Keefe, Bruyette & Woods upgraded the rating on the company from Market...
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KBW Sees RE/MAX As 'Attractive Franchise Stock,' But 'Valuation Keeps Us On Sidelines'
Thursday, March 31, 2016 - 9:08am | 318While Re/Max Holdings Inc (NYSE: RMAX) has a recurring revenue, high margin business model with good capital flexibility, most of the company’s positives appear already priced into its current stock valuation. Bose George of Keefe, Bruyette & Woods initiated coverage of Re/Max...
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UPDATE: Keefe, Bruyette & Woods Downgrades Walter Investment Management On 4Q14 Wrap-Up
Friday, February 27, 2015 - 9:48am | 114In a report published Friday, Keefe, Bruyette & Woods, Inc. analyst Bose George downgraded the rating on Walter Investment Management Corp (NYSE: WAC) from Market Perform to Underperform, and lowered the price target from $16.00 to $14.00. In the report, Keefe, Bruyette & Woods, Inc. noted...
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UPDATE: Keefe, Bruyette & Woods Downgrades Home Loan Servicing Solutions On Valuation
Friday, February 20, 2015 - 9:18am | 101In a report published Friday, Keefe, Bruyette & Woods analyst Bose George downgraded the rating on Home Loan Servicing Solutions Ltd (NASDAQ: HLSS) from Outperform to Market Perform, but reiterated the $18.00 price target. In the report, Keefe, Bruyette & Woods noted, "We are downgrading...
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UPDATE: Keefe, Bruyette & Woods Lowers Price Target On Ocwen Financial As Business Model Is Uncertain
Monday, January 5, 2015 - 10:38am | 128In a report published Monday, Keefe, Bruyette & Woods analyst Bose George reiterated a Market Perform rating on Ocwen Financial Corp (NYSE: OCN), but lowered the price target from $20.00 to $14.00. In the report, Keefe, Bruyette & Woods noted, “On December 22nd, Ocwen announced that the...
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Keefe, Bruyette & Woods Sees Attractive Yield With Earnings Upside Potential For New Residential Investment Corp.
Friday, January 2, 2015 - 8:32am | 103In a report published Friday, Keefe, Bruyette & Woods analyst Bose George reiterated an Outperform rating and $14.50 price target on New Residential Investment Corp. (NYSE: NRZ). In the report, Keefe, Bruyette & Woods noted, “As part of the KBW Holiday Opportunities series, we are...
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UPDATE: Keefe, Bruyette & Woods Reiterates On Ocwen Financial After Termination Of Wells Portfolio Acquisition
Thursday, November 20, 2014 - 10:19am | 118In a report published Thursday, Keefe, Bruyette & Woods analyst Bose George reiterated a Market Perform rating on Ocwen Financial Corporation (NYSE: OCN), but lowered the price target from $22.00 to $20.00. In the report, Keefe, Bruyette & Woods noted, “Last week Ocwen announced that the...
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Nationstar Mortgage Holdings Inc Moves Lower On Keefe, Bruyette & Woods Downgrade
Monday, October 6, 2014 - 2:45pm | 179Shares of Nationstar Mortgage Holdings Inc (NYSE: NSM) moved lower Monday on a downgrade from Keefe, Bruyette & Woods. KBW rated the company Underperform and maintained its $30 price target. For the mortgage servicing market, analysts led by Bose George noted they "continue to...
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UPDATE: Keefe, Bruyette & Woods Reiterates On Radian Group Following 2Q14 Wrap-Up
Wednesday, August 13, 2014 - 7:57am | 117In a report published Wednesday, Keefe, Bruyette & Woods analyst Bose George reiterated an Outperform rating on Radian Group (NYSE: RDN), but lowered the price target from $18.50 to $17.00. In the report, Keefe, Bruyette & Woods noted, “Radian reported a positive operating quarter with the...
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Keefe, Bruyette & Woods: Regulator Probe Won't Hurt Ocwen Financial
Monday, August 4, 2014 - 4:02pm | 163Mortgage servicer Ocwen Financial (NYSE: OCN) shares tanked Monday after a New York State regulator accused the company of improperly channeling much as $65 million in fees annually from distressed homeowners to a company affiliate, Altisource Portfolio Solutions S.A. (NASDAQ: ASPS). But Keefe...
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UPDATE: Keefe, Bruyette & Woods Downgrades Corelogic Following Earnings Report
Tuesday, July 29, 2014 - 8:11am | 114In a report published Tuesday, Keefe, Bruyette & Woods analyst Bose George downgraded the rating on Corelogic (NYSE: CLGX) from Outperform to Market Perform, and lowered the price target from $36.00 to $32.00. In the report, Keefe, Bruyette & Woods noted, “CLGX reported earnings that came...
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UPDATE: Keefe, Bruyette & Woods Upgrades Stonegate Mortgage On 1Q14 Wrap-Up
Friday, May 16, 2014 - 8:03am | 108In a report published Friday, Keefe, Bruyette & Woods analyst Bose George upgraded the rating on Stonegate Mortgage (NYSE: SGM) from Market Perform to Outperform, and reiterated the $17.00 price target. In the report, Keefe, Bruyette & Woods noted, “Operating EPS excludes a $7.9 million...
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UPDATE: Keefe, Bruyette & Woods Upgrades Essent Group Ltd. On Valuation
Monday, May 12, 2014 - 8:13am | 122In a report published Monday, Keefe, Bruyette & Woods analyst Bose George upgraded the rating on Essent Group Ltd. (NYSE: ESNT) from Market Perform to Outperform, but lowered the price target from $26.00 to $25.00. In the report, Keefe, Bruyette & Woods noted, “ESNT reported GAAP EPS of $0...
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UPDATE: Keefe, Bruyette & Woods Downgrades Walker & Dunlop on Valuation
Wednesday, March 19, 2014 - 8:17am | 103In a report published Wednesday, Keefe, Bruyette & Woods analyst Bose George downgraded the rating on Walker & Dunlop (NYSE: WD) from Outperform to Market Perform, but raised the price target from $17.00 to $18.00. In the report, Keefe, Bruyette & Woods noted, “We are updating our...
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UPDATE: Keefe, Bruyette & Woods Downgrades Essent on Valuation
Friday, February 21, 2014 - 8:47am | 118In a report published Friday, Keefe, Bruyette & Woods analyst Bose George downgraded the rating on Essent (NYSE: ESNT) from Outperform to Market Perform, but raised the price target from $25.00 to $26.00. In the report, Keefe, Bruyette & Woods noted, “ESNT reported GAAP and operating EPS...