Walker & Dunlop, Inc. (WD) CEO Sells $2,621,734.96 in Stock
Walker & Dunlop, Inc. (NYSE:WD) CEO William M. Walker sold 54,574 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $48.04, for a total transaction of $2,621,734.96. Following the transaction, the chief executive officer now owns 1,377,213 shares in the company, valued at approximately $66,161,312.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Walker & Dunlop, Inc. (NYSE WD) opened at $46.37 on Friday. The company has a debt-to-equity ratio of 4.84, a quick ratio of 12.88 and a current ratio of 12.88. The stock has a market cap of $1,440.00, a PE ratio of 10.04 and a beta of 1.37. Walker & Dunlop, Inc. has a one year low of $30.08 and a one year high of $56.46.
Walker & Dunlop (NYSE:WD) last posted its earnings results on Wednesday, November 8th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.09. Walker & Dunlop had a net margin of 21.81% and a return on equity of 22.35%. The business had revenue of $179.70 million for the quarter, compared to analysts’ expectations of $166.38 million. During the same quarter in the prior year, the business earned $0.96 EPS. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. equities research analysts forecast that Walker & Dunlop, Inc. will post 4.49 earnings per share for the current fiscal year.
Several research firms have issued reports on WD. Keefe, Bruyette & Woods restated a “hold” rating and set a $49.00 target price on shares of Walker & Dunlop in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. ValuEngine cut shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Finally, TheStreet cut shares of Walker & Dunlop from a “b-” rating to a “c+” rating in a research note on Monday, December 4th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Walker & Dunlop currently has an average rating of “Buy” and an average target price of $55.50.
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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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