Walker & Dunlop (WD) Set to Announce Quarterly Earnings on Thursday

Walker & Dunlop (NYSE:WD) is set to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Walker & Dunlop to post earnings of $1.29 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. The company had revenue of $270.70 million during the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a net margin of 8.41% and a return on equity of 9.65%. Walker & Dunlop’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. On average, analysts expect Walker & Dunlop to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Walker & Dunlop Trading Down 0.4 %

WD stock opened at $107.39 on Tuesday. The firm has a 50-day moving average of $109.84 and a two-hundred day moving average of $102.56. Walker & Dunlop has a 12 month low of $68.88 and a 12 month high of $116.51. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 41.46 and a beta of 1.55.

Walker & Dunlop Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd were paid a $0.65 dividend. The ex-dividend date was Thursday, August 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.42%. Walker & Dunlop’s dividend payout ratio (DPR) is 100.39%.

Analyst Ratings Changes

WD has been the subject of several analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Walker & Dunlop from $105.00 to $112.00 and gave the company a “market perform” rating in a research note on Thursday, July 25th. Wedbush raised their price target on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Wednesday, September 25th. Wolfe Research upgraded shares of Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th. Finally, StockNews.com upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Sunday, August 11th.

Insider Activity

In other Walker & Dunlop news, COO Stephen P. Theobald sold 13,870 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total transaction of $1,471,607.00. Following the transaction, the chief operating officer now directly owns 53,869 shares in the company, valued at approximately $5,715,500.90. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 5.26% of the company’s stock.

About Walker & Dunlop

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.