Walker & Dunlop (WD) Receiving Somewhat Favorable News Coverage, Report Shows
News articles about Walker & Dunlop (NYSE:WD) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Walker & Dunlop earned a news impact score of 0.09 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.6574959607195 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- BankUnited (BKU) vs. Walker & Dunlop (WD) Financial Comparison (americanbankingnews.com)
- Walker & Dunlop (WD) & Its Peers Critical Contrast (americanbankingnews.com)
- Walker & Dunlop, Inc. (WD) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Critical Contrast: Walker & Dunlop (WD) & BankUnited (BKU) (americanbankingnews.com)
- Walker & Dunlop, Inc. (WD) Director Buys $45,100.00 in Stock (americanbankingnews.com)
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Keefe, Bruyette & Woods set a $49.00 price target on shares of Walker & Dunlop and gave the stock a “hold” rating in a research report on Wednesday, August 2nd. JMP Securities upgraded shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price target for the company in a research report on Thursday, August 3rd. ValuEngine raised shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Finally, BidaskClub downgraded shares of Walker & Dunlop from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $47.00.
Walker & Dunlop (NYSE WD) traded down 0.64% during midday trading on Friday, reaching $46.69. 256,436 shares of the company traded hands. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 10.31 and a beta of 1.40. The company has a 50-day moving average price of $47.48 and a 200-day moving average price of $46.51. Walker & Dunlop has a 12-month low of $23.61 and a 12-month high of $53.43.
Walker & Dunlop (NYSE:WD) last issued its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. The company had revenue of $166.40 million during the quarter, compared to analysts’ expectations of $167.51 million. Walker & Dunlop had a return on equity of 22.86% and a net margin of 21.91%. The business’s quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. On average, analysts predict that Walker & Dunlop will post $4.50 earnings per share for the current fiscal year.
In related news, Director Dana L. Schmaltz purchased 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was bought at an average price of $47.85 per share, with a total value of $95,700.00. Following the completion of the purchase, the director now owns 44,983 shares in the company, valued at approximately $2,152,436.55. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Dana L. Schmaltz purchased 1,000 shares of the firm’s stock in a transaction dated Friday, August 11th. The stock was bought at an average cost of $46.05 per share, with a total value of $46,050.00. Following the purchase, the director now owns 46,983 shares of the company’s stock, valued at approximately $2,163,567.15. The disclosure for this purchase can be found here. In the last three months, insiders bought 4,000 shares of company stock valued at $186,850. Insiders own 11.70% of the company’s stock.
About Walker & Dunlop
Walker & Dunlop, Inc is a holding company, which conducts its operations through Walker & Dunlop, LLC. The Company provides commercial real estate financial products and services primarily to developers and owners of multifamily properties. The Company 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.
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