Walker & Dunlop (NYSE:WD) has been given a $63.00 price target by research analysts at Compass Point in a report issued on Tuesday, TipRanks reports. The firm currently has a “buy” rating on the financial services provider’s stock. Compass Point’s price objective indicates a potential upside of 10.37% from the company’s current price.

Other research analysts have also recently issued research reports about the company. Wedbush reissued an “outperform” rating and issued a $65.00 target price (up previously from $60.00) on shares of Walker & Dunlop in a research note on Wednesday, July 3rd. ValuEngine lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Friday, September 6th. Keefe, Bruyette & Woods cut Walker & Dunlop from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $65.00 to $64.00 in a report on Thursday, September 5th. Finally, Zacks Investment Research upgraded Walker & Dunlop from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Saturday, May 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $64.50.

WD stock traded up $2.31 during midday trading on Tuesday, reaching $57.08. The company had a trading volume of 205,800 shares, compared to its average volume of 151,621. The company has a debt-to-equity ratio of 1.67, a current ratio of 4.79 and a quick ratio of 4.79. Walker & Dunlop has a 1 year low of $37.96 and a 1 year high of $59.39. The company has a market capitalization of $1.61 billion, a P/E ratio of 11.33 and a beta of 1.00. The firm has a 50-day moving average price of $56.01 and a 200-day moving average price of $54.02.

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

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in WD. Acadian Asset Management LLC boosted its holdings in Walker & Dunlop by 89.0% during the 1st quarter. Acadian Asset Management LLC now owns 16,277 shares of the financial services provider’s stock valued at $829,000 after acquiring an additional 7,665 shares during the period. Nordea Investment Management AB boosted its stake in shares of Walker & Dunlop by 3.3% during the first quarter. Nordea Investment Management AB now owns 46,900 shares of the financial services provider’s stock valued at $2,388,000 after purchasing an additional 1,500 shares during the period. GYL Financial Synergies LLC purchased a new stake in shares of Walker & Dunlop during the first quarter valued at approximately $2,052,000. Everence Capital Management Inc. bought a new position in shares of Walker & Dunlop in the first quarter worth approximately $221,000. Finally, Denali Advisors LLC grew its holdings in shares of Walker & Dunlop by 214.1% in the second quarter. Denali Advisors LLC now owns 3,000 shares of the financial services provider’s stock worth $160,000 after purchasing an additional 2,045 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Walker & Dunlop Company Profile

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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Analyst Recommendations for Walker & Dunlop (NYSE:WD)

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