Shares of Walker & Dunlop, Inc. (NYSE:WD – Get Free Report) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $59.75.
Several equities analysts have commented on WD shares. Citigroup reaffirmed a “market outperform” rating on shares of Walker & Dunlop in a research report on Friday. Wall Street Zen raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a report on Saturday, August 29th. Keefe, Bruyette & Woods reduced their price objective on Walker & Dunlop from $57.00 to $45.00 and set an “outperform” rating for the company in a research note on Friday, October 9th. Citizens Jmp reduced their target price on shares of Walker & Dunlop from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research note on Friday. Finally, Weiss Ratings cut Walker & Dunlop from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 18th.
View Our Latest Stock Analysis on Walker & Dunlop
Walker & Dunlop Trading Down 3.2%
Shares of WD opened at $31.61 on Tuesday. The company has a market capitalization of $1.09 billion, a PE ratio of 28.22 and a beta of 1.52. Walker & Dunlop has a 12-month low of $31.40 and a 12-month high of $90.00. The business’s 50 day moving average is $38.28 and its 200 day moving average is $46.05.
Walker & Dunlop (NYSE:WD – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The financial services provider reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.29. Walker & Dunlop had a return on equity of 7.25% and a net margin of 2.94%. The firm had revenue of $306.69 million during the quarter, compared to analyst estimates of $337.37 million. During the same quarter last year, the business posted $1.15 earnings per share. The business’s quarterly revenue was down 3.9% compared to the same quarter last year.
Walker & Dunlop Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend was Thursday, August 20th. Walker & Dunlop’s payout ratio is 242.86%.
Hedge Funds Weigh In On Walker & Dunlop
A number of institutional investors have recently modified their holdings of WD. EverSource Wealth Advisors LLC increased its stake in Walker & Dunlop by 107.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 580 shares of the financial services provider’s stock valued at $26,000 after buying an additional 301 shares during the period. IFP Advisors Inc boosted its holdings in Walker & Dunlop by 223.8% in the second quarter. IFP Advisors Inc now owns 489 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 338 shares during the last quarter. Essential Partners LLC raised its holdings in shares of Walker & Dunlop by 709.1% during the 1st quarter. Essential Partners LLC now owns 623 shares of the financial services provider’s stock valued at $28,000 after buying an additional 546 shares during the period. Quantbot Technologies LP purchased a new position in Walker & Dunlop in the second quarter valued at about $35,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of Walker & Dunlop by 1,398.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 734 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 685 shares during the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.
About Walker & Dunlop
Walker & Dunlop, Inc (NYSE: WD) is a commercial real estate finance and advisory company that provides capital and transaction services to property owners, investors, developers and other real estate participants. The company serves clients across major commercial property sectors, including multifamily, office, retail, industrial, hospitality and healthcare.
Its services include commercial real estate lending, debt and equity financing, investment sales, property sales, loan servicing, valuation and advisory services.
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