Walker & Dunlop, Inc. (WD) EVP Richard C. Warner Sells 1,000 Shares
Walker & Dunlop, Inc. (NYSE:WD) EVP Richard C. Warner sold 1,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $49.13, for a total transaction of $49,130.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Walker & Dunlop, Inc. (WD) traded up $1.02 during midday trading on Friday, hitting $49.41. 154,185 shares of the stock were exchanged, compared to its average volume of 217,164. Walker & Dunlop, Inc. has a 52 week low of $39.38 and a 52 week high of $56.46. The company has a debt-to-equity ratio of 1.35, a current ratio of 9.41 and a quick ratio of 12.88. The company has a market cap of $1,488.27, a P/E ratio of 7.54 and a beta of 0.99.
Walker & Dunlop (NYSE:WD) last posted its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.26. Walker & Dunlop had a net margin of 29.66% and a return on equity of 21.33%. The company had revenue of $207.20 million during the quarter, compared to the consensus estimate of $181.14 million. During the same period in the previous year, the firm posted $1.16 EPS. The firm’s revenue was up 16.1% compared to the same quarter last year. sell-side analysts predict that Walker & Dunlop, Inc. will post 4.32 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Friday, February 23rd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, February 22nd. Walker & Dunlop’s dividend payout ratio is currently 15.27%.
Several research analysts have commented on the stock. Keefe, Bruyette & Woods reissued a “buy” rating on shares of Walker & Dunlop in a report on Wednesday, February 7th. ValuEngine raised shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. TheStreet downgraded shares of Walker & Dunlop from a “b-” rating to a “c+” rating in a report on Monday, December 4th. Finally, Zacks Investment Research raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Walker & Dunlop presently has a consensus rating of “Buy” and a consensus price target of $55.50.
Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of Walker & Dunlop during the 3rd quarter worth $123,000. Elkfork Partners LLC bought a new stake in shares of Walker & Dunlop during the 4th quarter worth $196,000. Old Mutual Global Investors UK Ltd. bought a new stake in Walker & Dunlop in the third quarter worth $238,000. Macquarie Group Ltd. bought a new stake in Walker & Dunlop in the third quarter worth $251,000. Finally, ARP Americas LLC bought a new stake in Walker & Dunlop in the third quarter worth $253,000. 77.56% of the stock is owned by institutional investors.
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Walker & Dunlop Company Profile
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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