Barclays Downgrades Stonegate Mortgage (SGM) to Underweight

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BofA/Merrill Lynch Downgrades Stonegate Mortgage (SGM) to Neutral

August 11, 2015 7:08 AM EDT

BofA/Merrill Lynch downgraded Stonegate Mortgage (NYSE: SGM) from Buy to Neutral with a price target of $7.50.

For an analyst ratings summary and ratings history on Stonegate Mortgage click here. For more ratings news on Stonegate Mortgage click here.

Shares of Stonegate Mortgage closed at $7.38 yesterday.

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Stonegate Mortgage (SGM) Posts Surprise Q2 Loss

August 6, 2015 10:20 AM EDT

Stonegate Mortgage (NYSE: SGM) reported Q2 adjusted EPS of ($0.04), $0.26 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $87.4 million versus the consensus estimate of $73.73 million.

For earnings history and earnings-related data on Stonegate Mortgage (SGM) click here.

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