Walker & Dunlop (WD) Scheduled to Post Earnings on Thursday

Walker & Dunlop (NYSE:WD) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Walker & Dunlop to post earnings of $0.83 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Thursday, February 15th. The financial services provider reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.38. Walker & Dunlop had a net margin of 10.18% and a return on equity of 9.15%. The firm had revenue of $274.30 million for the quarter, compared to analyst estimates of $276.76 million. During the same quarter in the prior year, the business earned $1.41 EPS. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. On average, analysts expect Walker & Dunlop to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Walker & Dunlop Stock Up 0.1 %

Shares of WD opened at $94.04 on Thursday. The company’s fifty day moving average is $94.26 and its 200-day moving average is $90.62. Walker & Dunlop has a 12 month low of $61.06 and a 12 month high of $113.67. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 29.57 and a beta of 1.53.

Walker & Dunlop Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $0.65 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This is an increase from Walker & Dunlop’s previous quarterly dividend of $0.63. This represents a $2.60 dividend on an annualized basis and a yield of 2.76%. Walker & Dunlop’s dividend payout ratio is 81.76%.

Insider Buying and Selling

In other Walker & Dunlop news, EVP Paula A. Pryor sold 1,908 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $94.09, for a total value of $179,523.72. Following the completion of the sale, the executive vice president now owns 3,707 shares of the company’s stock, valued at $348,791.63. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, EVP Paula A. Pryor sold 1,908 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $94.09, for a total transaction of $179,523.72. Following the completion of the sale, the executive vice president now owns 3,707 shares of the company’s stock, valued at $348,791.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Gregory Florkowski sold 4,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $96.45, for a total value of $385,800.00. Following the sale, the chief financial officer now directly owns 11,809 shares of the company’s stock, valued at approximately $1,138,978.05. The disclosure for this sale can be found here. Over the last three months, insiders have sold 46,074 shares of company stock worth $4,328,255. Insiders own 5.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $105.00 price target on shares of Walker & Dunlop in a research report on Tuesday, March 26th. StockNews.com downgraded shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Finally, Wedbush downgraded shares of Walker & Dunlop from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $130.00 to $95.00 in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $100.00.

Walker & Dunlop Company Profile

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.