Walker & Dunlop, Inc. (NYSE:WD) has received a consensus recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $52.00.
A number of analysts have recently issued reports on WD shares. Keefe, Bruyette & Woods restated a “hold” rating and issued a $49.00 target price on shares of Walker & Dunlop in a report on Thursday, October 12th. Zacks Investment Research lowered Walker & Dunlop from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. ValuEngine lowered Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, TheStreet lowered Walker & Dunlop from a “b-” rating to a “c+” rating in a report on Monday, December 4th.
In other news, CFO Stephen P. Theobald sold 18,128 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $51.18, for a total value of $927,791.04. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William M. Walker sold 38,663 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $47.74, for a total transaction of $1,845,771.62. Following the completion of the transaction, the chief executive officer now directly owns 1,435,666 shares in the company, valued at $68,538,694.84. The disclosure for this sale can be found here. Insiders sold 136,791 shares of company stock valued at $6,738,013 in the last 90 days. Corporate insiders own 11.70% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of WD. California Public Employees Retirement System acquired a new position in shares of Walker & Dunlop in the first quarter worth $313,000. Aperio Group LLC acquired a new position in shares of Walker & Dunlop in the second quarter worth $229,000. Great West Life Assurance Co. Can increased its stake in shares of Walker & Dunlop by 3.7% in the second quarter. Great West Life Assurance Co. Can now owns 40,393 shares of the financial services provider’s stock worth $1,972,000 after acquiring an additional 1,430 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Walker & Dunlop by 1.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 129,984 shares of the financial services provider’s stock worth $6,348,000 after acquiring an additional 1,362 shares during the last quarter. Finally, Arizona State Retirement System increased its stake in shares of Walker & Dunlop by 1.4% in the second quarter. Arizona State Retirement System now owns 14,669 shares of the financial services provider’s stock worth $716,000 after acquiring an additional 200 shares during the last quarter. 77.47% of the stock is currently owned by institutional investors and hedge funds.
Shares of Walker & Dunlop (NYSE:WD) opened at $46.47 on Friday. Walker & Dunlop has a 52-week low of $29.93 and a 52-week high of $56.46. The company has a market capitalization of $1,455.68, a price-to-earnings ratio of 10.08 and a beta of 1.37. The company has a debt-to-equity ratio of 4.84, a quick ratio of 12.88 and a current ratio of 12.88.
Walker & Dunlop (NYSE:WD) last announced its quarterly earnings data on Wednesday, November 8th. The financial services provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.09. Walker & Dunlop had a return on equity of 22.35% and a net margin of 21.81%. The company had revenue of $179.70 million during the quarter, compared to the consensus estimate of $166.38 million. During the same quarter in the prior year, the firm earned $0.96 EPS. The company’s quarterly revenue was up 16.1% compared to the same quarter last year. sell-side analysts forecast that Walker & Dunlop will post 4.49 earnings per share for the current fiscal year.
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Walker & Dunlop Company Profile
Walker & Dunlop, Inc is a holding company, which conducts its operations through Walker & Dunlop, LLC. The Company provides commercial real estate financial products and services primarily to developers and owners of multifamily properties. The Company originates, sells and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration (FHA) Finance, Capital Markets, and Proprietary Capital.
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