Walker & Dunlop Inc. (NYSE:WD) – Stock analysts at Wedbush raised their FY2016 EPS estimates for shares of Walker & Dunlop in a research note issued to investors on Monday. Wedbush analyst J. Weaver now anticipates that the brokerage will earn $3.14 per share for the year, up from their prior estimate of $3.02. Wedbush currently has a “Hold” rating and a $28.00 target price on the stock. Wedbush also issued estimates for Walker & Dunlop’s Q1 2017 earnings at $0.39 EPS, Q2 2017 earnings at $0.96 EPS, Q3 2017 earnings at $0.89 EPS, Q4 2017 earnings at $0.70 EPS and FY2017 earnings at $2.94 EPS.

A number of other equities analysts have also recently issued reports on WD. Zacks Investment Research cut shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 6th. JMP Securities lifted their price target on shares of Walker & Dunlop from $27.00 to $30.00 and gave the stock a “market outperform” rating in a research report on Thursday, August 4th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Walker & Dunlop from $23.00 to $26.00 and gave the stock a “market perform” rating in a research report on Thursday, August 4th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $29.00.

Earnings History and Estimates for Walker & Dunlop (NYSE:WD)

Walker & Dunlop (NYSE:WD) traded up 1.169% during trading on Wednesday, hitting $29.845. 56,741 shares of the stock were exchanged. The firm has a market capitalization of $919.35 million, a PE ratio of 9.415 and a beta of 1.12. Walker & Dunlop has a 12-month low of $19.50 and a 12-month high of $31.00. The stock has a 50 day moving average price of $25.97 and a 200-day moving average price of $25.15.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Wednesday, November 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.25. Walker & Dunlop had a net margin of 18.82% and a return on equity of 18.49%. The company had revenue of $154.80 million for the quarter, compared to the consensus estimate of $129.17 million. During the same period in the previous year, the business earned $0.66 EPS. The company’s revenue was up 28.1% on a year-over-year basis.

In related news, CEO William M. Walker sold 26,016 shares of Walker & Dunlop stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $26.49, for a total transaction of $689,163.84. Following the completion of the sale, the chief executive officer now owns 1,463,329 shares of the company’s stock, valued at approximately $38,763,585.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dana L. Schmaltz bought 1,500 shares of Walker & Dunlop stock in a transaction that occurred on Friday, September 9th. The shares were bought at an average cost of $25.85 per share, with a total value of $38,775.00. Following the acquisition, the director now directly owns 41,833 shares in the company, valued at approximately $1,081,383.05. The disclosure for this purchase can be found here. 11.60% of the stock is currently owned by company insiders.

Several hedge funds have recently made changes to their positions in the company. Acrospire Investment Management LLC bought a new position in Walker & Dunlop during the second quarter worth about $101,000. Mason Street Advisors LLC bought a new position in Walker & Dunlop during the second quarter worth about $121,000. Strs Ohio bought a new position in Walker & Dunlop during the third quarter worth about $131,000. Municipal Employees Retirement System of Michigan boosted its position in Walker & Dunlop by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 6,030 shares of the company’s stock worth $152,000 after buying an additional 100 shares in the last quarter. Finally, BlackRock Inc. boosted its position in Walker & Dunlop by 340.9% in the second quarter. BlackRock Inc. now owns 7,949 shares of the company’s stock worth $180,000 after buying an additional 6,146 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

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About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which conducts all of its operations through Walker & Dunlop, LLC. The Company is a provider of commercial real estate financial services in the United States, with a primary focus on multifamily lending. It originates, sells, and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration (FHA) Finance, Capital Markets, and Proprietary Capital.

5 Day Chart for NYSE:WD

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