Walker & Dunlop (NYSE:WD) Given a $63.00 Price Target at Compass Point

Compass Point set a $63.00 target price on Walker & Dunlop (NYSE:WD) in a research report released on Tuesday, TipRanks reports. The firm currently has a buy rating on the financial services provider’s stock.

A number of other research analysts have also recently commented on WD. Zacks Investment Research raised shares of Walker & Dunlop from a hold rating to a buy rating and set a $60.00 target price on the stock in a research report on Saturday, May 18th. ValuEngine lowered shares of Walker & Dunlop from a hold rating to a sell rating in a research note on Friday, September 6th. Wedbush reiterated an outperform rating and set a $65.00 price target (up from $60.00) on shares of Walker & Dunlop in a research report on Wednesday, July 3rd. Finally, Keefe, Bruyette & Woods downgraded shares of Walker & Dunlop from an outperform rating to a market perform rating and reduced their price target for the company from $65.00 to $64.00 in a research note on Thursday, September 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. Walker & Dunlop presently has a consensus rating of Buy and a consensus target price of $64.50.

Shares of NYSE WD traded up $2.31 during midday trading on Tuesday, reaching $57.08. 205,800 shares of the stock were exchanged, compared to its average volume of 151,621. The stock has a market capitalization of $1.61 billion, a P/E ratio of 11.33 and a beta of 1.00. The company has a debt-to-equity ratio of 1.67, a quick ratio of 4.79 and a current ratio of 4.79. The company has a 50 day simple moving average of $56.01 and a 200 day simple moving average of $54.02. Walker & Dunlop has a twelve month low of $37.96 and a twelve month high of $59.39.



Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.03. The firm had revenue of $200.33 million for the quarter, compared to analysts’ expectations of $188.90 million. Walker & Dunlop had a return on equity of 18.34% and a net margin of 21.58%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 earnings per share. On average, research analysts expect that Walker & Dunlop will post 5.58 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend was Thursday, August 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is 23.81%.

In other Walker & Dunlop news, CEO William M. Walker sold 90,389 shares of Walker & Dunlop stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $56.15, for a total value of $5,075,342.35. Following the completion of the transaction, the chief executive officer now directly owns 1,340,749 shares of the company’s stock, valued at approximately $75,283,056.35. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Stephen P. Theobald sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $57.26, for a total transaction of $572,600.00. Following the sale, the chief financial officer now owns 75,976 shares in the company, valued at $4,350,385.76. The disclosure for this sale can be found here. Company insiders own 10.37% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors purchased a new stake in Walker & Dunlop during the 2nd quarter worth approximately $27,000. Parallel Advisors LLC grew its stake in shares of Walker & Dunlop by 205.1% in the first quarter. Parallel Advisors LLC now owns 714 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 480 shares in the last quarter. NumerixS Investment Technologies Inc grew its stake in shares of Walker & Dunlop by 350.0% in the first quarter. NumerixS Investment Technologies Inc now owns 1,800 shares of the financial services provider’s stock worth $92,000 after acquiring an additional 1,400 shares in the last quarter. Marshall Wace North America L.P. increased its position in shares of Walker & Dunlop by 237.2% during the first quarter. Marshall Wace North America L.P. now owns 2,735 shares of the financial services provider’s stock worth $139,000 after acquiring an additional 1,924 shares during the period. Finally, First Quadrant L P CA increased its position in shares of Walker & Dunlop by 526.6% during the second quarter. First Quadrant L P CA now owns 2,945 shares of the financial services provider’s stock worth $157,000 after acquiring an additional 2,475 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

About Walker & Dunlop

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate loans for owners and developers of real estate in the United States. The company offers multifamily properties and commercial real estate finance products, such as first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.

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