22.08.2013 14:00:00
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Financial Companies Announce New Appointments, Investor Conferences, Financial Results and Quarterly Dividends - Research Report on AFLAC, Legg Mason, Nationstar, Walter Investment, and Main
NEW YORK, August 22, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting AFLAC Inc. (NYSE: AFL), Legg Mason Inc. (NYSE: LM), Nationstar Mortgage Holdings Inc. (NYSE: NSM), Walter Investment Management Corp. (NYSE: WAC), and Main Street Capital Corporation (NYSE: MAIN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
AFLAC Inc. Research Report
On August 19, 2013, AFLAC Inc. (AFLAC) announced that it has appointed Daniel J. Lebish to the newly created position of Executive Vice President (EVP); Chief Operating Officer, Aflac Group Insurance, and will report to Kenneth S. Janke, President of Aflac U.S.; Executive Vice President and Deputy Chief Financial Officer of AFLAC. According to the Company, Lebish will be working out of the Columbia, S.C. organization, where he will supersede the day-to-day operating activities, performance goals and strategic initiatives of Aflac Group Insurance. The Company informed that Lebish has more than 30 years of experience in the health care management and insurance industries and prior to joining AFLAC, he served as the EVP at Highmark Blue Cross Blue Shield. Mr. Janke said, "We are extremely pleased that Dan has joined Aflac Group Insurance. I believe his extensive experience with both the group insurance market and insurance broker distribution, combined with his strong leadership skills, will complement and strengthen the Aflac Group organization. I look forward to his contributions and I have no doubt that he will be instrumental to the future success of Aflac Group, ultimately benefiting Aflac U.S." The Full Research Report on AFLAC Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8042_AFL]
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Legg Mason Inc. Research Report
On August 13, 2013, Legg Mason Inc. (Legg Mason) announced that it is organizing a luncheon for investors and analysts on Wednesday, September 11, 2013 at 12:30 p.m. in New York City. Legg Mason stated that a full agenda and presentation deck will be made available on the Company's website on the same day at approximately noon. The Company further informed that during luncheon, Legg Mason's senior executives will discuss prospects for the firm's financial performance, including details around Legg Mason's business model, expected utilization of the tax shield and other shareholder value drivers. The Company informed that a replay of the call will be available on its Website beginning at 4:00 p.m., E.D.T., on September 11, 2013 till 11:59 p.m. on September 25th, 2013. The Full Research Report on Legg Mason Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0d5b_LM]
Nationstar Mortgage Holdings Inc. Research Report
On August 6, 2013, Nationstar Mortgage Holdings Inc. (Nationstar) released its Q2 2013 financial results. The Company's total revenues were up 197.7% YoY and 40.0% QoQ to $603.7 million. Net income was $123.5 million, or $1.37 per diluted share, compared to $36.3 million, or $0.41 per diluted share in Q2 2012. Jay Bray, CEO of Nationstar said, "We successfully boarded the BofA GSE and Ginnie Mae portfolios, completed the acquisition of Greenlight, and continue to make progress on building Solutionstar into a high-margin, fee-based business. Our platforms are strategically positioned to perform in an improving economy and we continue to see compelling opportunities in the marketplace that will deliver long-term value to our shareholders." The Company expects full-year 2013 EPS to be within $ 4.05 to $4.75 range and full-year 2014 EPS to be within $6.45 to $7.50 range. The Full Research Report on Nationstar Mortgage Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e9a6_NSM]
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Walter Investment Management Corp. Research Report
On August 8, 2013, Walter Investment Management Corp. (Walter Investment) reported Q2 2013 financial results. The Company's total consolidated revenues were up 277.3% YoY to $569.2 million. Net income was $143.2 million or $3.75 per diluted share, compared to $0.4 million, or $0.01 per diluted share in Q2 2012. Mark J. O'Brien, Walter Investment's Chairman and CEO said, "Walter Investment continues to execute solidly against its strategic plan, producing strong operational and financial results across our major segments in the second quarter. Our core Servicing segment continued to deliver solid growth in profits and exceptional operational performance from both existing and recently acquired portfolios of new business. The Originations segment delivered robust production for the quarter generating significant earnings at strong margins, capitalizing on the HARP origination opportunities embedded in our portfolios." The Full Research Report on Walter Investment Management Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3495_WAC]
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Main Street Capital Corporation Research Report
On August 14, 2013, Main Street Capital Corporation (Main) announced that its Board of Directors has approved regular monthly dividends of $0.16 per share for each of October, November and December 2013.The Company reported that the monthly dividends total to $0.48 per share for Q4 2013, representing a 7% increase from the monthly dividends declared for Q4 2012. Main also stated that it has periodically increased the amount of its regular monthly dividends per share, and has never reduced its regular monthly dividend amount per share. The Full Research Report on Main Street Capital Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/714d_MAIN]
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