Walker & Dunlop (WD) Scheduled to Post Quarterly Earnings on Thursday

Walker & Dunlop (NYSE:WD) is set to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Walker & Dunlop to post earnings of $1.29 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Walker & Dunlop (NYSE:WD) last released its earnings results on Thursday, August 8th. The financial services provider reported $1.23 EPS for the quarter, beating the consensus estimate of $1.16 by $0.07. Walker & Dunlop had a net margin of 8.41% and a return on equity of 9.65%. The company had revenue of $270.70 million for the quarter, compared to analyst estimates of $274.50 million. During the same quarter last year, the firm earned $0.98 EPS. The firm’s quarterly revenue was down .7% compared to the same quarter last year. On average, analysts expect Walker & Dunlop to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Walker & Dunlop Stock Performance

WD stock opened at $110.89 on Wednesday. Walker & Dunlop has a 52 week low of $68.88 and a 52 week high of $116.51. The firm’s fifty day moving average is $109.93 and its 200 day moving average is $102.70. The firm has a market cap of $3.74 billion, a P/E ratio of 42.81 and a beta of 1.55.

Insider Buying and Selling at Walker & Dunlop

In other news, COO Stephen P. Theobald sold 13,870 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total value of $1,471,607.00. Following the completion of the sale, the chief operating officer now directly owns 53,869 shares of the company’s stock, valued at approximately $5,715,500.90. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.26% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wedbush increased their target price on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, September 25th. Wolfe Research raised shares of Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. StockNews.com raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Walker & Dunlop from $105.00 to $112.00 and gave the company a “market perform” rating in a research report on Thursday, July 25th.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.