The Walker & Dunlop Inc. (WD) Given Consensus Rating of “Hold” by Brokerages

The Walker & Dunlop Inc. (WD) Given Consensus Rating of “Hold” by Brokerages

Walker & Dunlop Inc. (NYSE:WD) has earned an average recommendation of “Hold” from the seven analysts that are currently covering the firm. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $28.44.

A number of research firms recently weighed in on WD. Keefe, Bruyette & Woods boosted their price target on shares of Walker & Dunlop from $23.00 to $26.00 and gave the stock a “market perform” rating in a research report on Thursday, August 4th. Zacks Investment Research upgraded shares of Walker & Dunlop from a “sell” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a research report on Saturday, August 6th. JMP Securities boosted their price target on shares of Walker & Dunlop from $27.00 to $30.00 and gave the stock a “market outperform” rating in a research report on Thursday, August 4th. Finally, Wedbush began coverage on shares of Walker & Dunlop in a research report on Wednesday, October 5th. They set a “neutral” rating and a $26.75 price target on the stock.

In other news, CEO William M. Walker sold 53,170 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $26.71, for a total value of $1,420,170.70. Following the sale, the chief executive officer now directly owns 1,493,462 shares of the company’s stock, valued at approximately $39,890,370.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William M. Walker sold 26,016 shares of the business’s stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $26.49, for a total transaction of $689,163.84. Following the completion of the sale, the chief executive officer now directly owns 1,463,329 shares in the company, valued at $38,763,585.21. The disclosure for this sale can be found here. 11.60% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the stock. BlackRock Fund Advisors increased its stake in Walker & Dunlop by 4.4% in the second quarter. BlackRock Fund Advisors now owns 1,779,927 shares of the company’s stock worth $40,547,000 after buying an additional 75,127 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Walker & Dunlop by 4.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,672,101 shares of the company’s stock valued at $38,091,000 after buying an additional 65,480 shares during the last quarter. Boston Partners increased its stake in shares of Walker & Dunlop by 1.2% in the second quarter. Boston Partners now owns 1,584,623 shares of the company’s stock valued at $36,098,000 after buying an additional 18,371 shares during the last quarter. Emerald Advisers Inc. PA increased its stake in shares of Walker & Dunlop by 0.4% in the second quarter. Emerald Advisers Inc. PA now owns 840,653 shares of the company’s stock valued at $19,150,000 after buying an additional 3,290 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its stake in shares of Walker & Dunlop by 1.7% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 600,266 shares of the company’s stock valued at $13,674,000 after buying an additional 10,000 shares during the last quarter. 77.95% of the stock is currently owned by institutional investors and hedge funds.

Walker & Dunlop (NYSE:WD) opened at 23.83 on Wednesday. The stock has a market capitalization of $734.23 million, a price-to-earnings ratio of 8.27 and a beta of 1.05. The stock’s 50 day moving average is $24.95 and its 200-day moving average is $24.48. Walker & Dunlop has a 12 month low of $19.50 and a 12 month high of $33.17.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.36. The firm had revenue of $147.90 million for the quarter, compared to analyst estimates of $114.53 million. Walker & Dunlop had a net margin of 18.20% and a return on equity of 17.60%. Walker & Dunlop’s quarterly revenue was up 29.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 earnings per share. On average, equities research analysts expect that Walker & Dunlop will post $3.02 earnings per share for the current year.

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