Walker & Dunlop, Inc. (NYSE:WD) Receives $90.40 Consensus PT from Analysts

by · The Cerbat Gem

Walker & Dunlop, Inc. (NYSE:WD – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $90.40.

WD has been the subject of a number of analyst reports. Citigroup reiterated a “market outperform” rating on shares of Walker & Dunlop in a research report on Friday, December 5th. Citizens Jmp raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $95.00 price objective for the company in a report on Friday, October 10th. Keefe, Bruyette & Woods upped their target price on Walker & Dunlop from $95.00 to $97.00 and gave the company an “outperform” rating in a research report on Thursday, October 9th. Wall Street Zen lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Finally, Jefferies Financial Group started coverage on Walker & Dunlop in a research note on Friday, December 19th. They issued a “buy” rating and a $75.00 price target for the company.

View Our Latest Analysis on Walker & Dunlop

Walker & Dunlop Stock Performance

NYSE:WD opened at $60.91 on Wednesday. Walker & Dunlop has a 52 week low of $60.05 and a 52 week high of $98.90. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 18.07 and a beta of 1.58. The firm’s 50-day simple moving average is $68.40 and its 200 day simple moving average is $75.27.

Walker & Dunlop (NYSE:WD – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.01. Walker & Dunlop had a net margin of 9.31% and a return on equity of 8.85%. The firm had revenue of $337.68 million during the quarter, compared to the consensus estimate of $325.10 million. During the same quarter in the previous year, the firm posted $1.19 EPS. The business’s revenue for the quarter was up 15.5% compared to the same quarter last year. Sell-side analysts anticipate that Walker & Dunlop will post 4.97 EPS for the current year.

Walker & Dunlop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 21st were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, November 21st. Walker & Dunlop’s dividend payout ratio (DPR) is currently 79.53%.

Institutional Trading of Walker & Dunlop

Several large investors have recently made changes to their positions in the company. CIBC Bancorp USA Inc. bought a new position in Walker & Dunlop in the third quarter valued at approximately $294,000. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Walker & Dunlop by 5.2% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 36,573 shares of the financial services provider’s stock valued at $3,037,000 after purchasing an additional 1,824 shares in the last quarter. Alyeska Investment Group L.P. increased its stake in shares of Walker & Dunlop by 21.8% in the 3rd quarter. Alyeska Investment Group L.P. now owns 184,695 shares of the financial services provider’s stock valued at $15,444,000 after purchasing an additional 33,011 shares during the last quarter. Mariner LLC increased its stake in shares of Walker & Dunlop by 70.9% in the 3rd quarter. Mariner LLC now owns 8,678 shares of the financial services provider’s stock valued at $726,000 after purchasing an additional 3,599 shares during the last quarter. Finally, Crawford Investment Counsel Inc. raised its holdings in shares of Walker & Dunlop by 4.8% during the 3rd quarter. Crawford Investment Counsel Inc. now owns 99,999 shares of the financial services provider’s stock worth $8,362,000 after buying an additional 4,611 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

About Walker & Dunlop

(Get Free Report)

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.

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