Walker & Dunlop (NYSE:WD) Earns Hold (C) Rating from Weiss Ratings

Key Points

• Walker & Dunlop's stock has been reaffirmed with a "hold (C)" rating by Weiss Ratings, with a consensus price target of $92.50.
• Recently, the company reported earnings of $1.15 per share, missing estimates by $0.14, while achieving a revenue of $319.24 million, exceeding expectations.
• Insider trading activity included EVP Paula A. Pryor selling 5,336 shares of stock, reducing her holdings significantly.

Walker & Dunlop (NYSE:WD - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other research analysts also recently commented on the company. Wall Street Zen upgraded Walker & Dunlop from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 9th. Wedbush restated a "neutral" rating and issued a $90.00 target price on shares of Walker & Dunlop in a research note on Thursday, August 14th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Walker & Dunlop currently has a consensus rating of "Hold" and a consensus price target of $92.50.

Walker & Dunlop Stock Performance

Shares of WD stock traded down $0.67 on Wednesday, reaching $79.76. 39,439 shares of the company's stock traded hands, compared to its average volume of 240,807. Walker & Dunlop has a 12-month low of $64.48 and a 12-month high of $118.19. The company has a market capitalization of $2.72 billion, a P/E ratio of 24.59 and a beta of 1.59. The business's 50 day moving average price is $83.27 and its two-hundred day moving average price is $76.97.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The financial services provider reported $1.15 earnings per share for the quarter, missing analysts' consensus estimates of $1.29 by ($0.14). Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. The business had revenue of $319.24 million for the quarter, compared to analysts' expectations of $275.84 million. During the same quarter in the prior year, the firm posted $1.23 EPS. The business's quarterly revenue was up 17.9% compared to the same quarter last year. Research analysts predict that Walker & Dunlop will post 4.97 earnings per share for the current year.

Insider Buying and Selling at Walker & Dunlop

In related news, EVP Paula A. Pryor sold 5,336 shares of the business's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $86.20, for a total transaction of $459,963.20. Following the completion of the transaction, the executive vice president owned 9,341 shares of the company's stock, valued at approximately $805,194.20. The trade was a 36.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.66% of the company's stock.

Hedge Funds Weigh In On Walker & Dunlop

Large investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. acquired a new position in Walker & Dunlop in the 1st quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd acquired a new position in Walker & Dunlop in the 1st quarter valued at approximately $32,000. Allworth Financial LP raised its holdings in Walker & Dunlop by 115.8% in the 2nd quarter. Allworth Financial LP now owns 479 shares of the financial services provider's stock valued at $34,000 after acquiring an additional 257 shares in the last quarter. GAMMA Investing LLC raised its holdings in Walker & Dunlop by 65.7% in the 3rd quarter. GAMMA Investing LLC now owns 479 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 190 shares in the last quarter. Finally, Strs Ohio acquired a new position in Walker & Dunlop in the 1st quarter valued at approximately $51,000. Institutional investors and hedge funds own 80.97% of the company's stock.

About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.

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