FY2022 EPS Estimates for Walker & Dunlop, Inc. Decreased by Jefferies Financial Group (NYSE:WD)

Walker & Dunlop, Inc. (NYSE:WD – Get Rating) – Equities research analysts at Jefferies Financial Group reduced their FY2022 earnings estimates for shares of Walker & Dunlop in a research report issued on Thursday, May 5th. Jefferies Financial Group analyst K. Joseph now forecasts that the financial services provider will earn $9.41 per share for the year, down from their prior forecast of $9.42. Jefferies Financial Group also issued estimates for Walker & Dunlop’s Q2 2023 earnings at $2.57 EPS, Q3 2023 earnings at $2.84 EPS and FY2023 earnings at $10.57 EPS.

Walker & Dunlop (NYSE:WD – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The financial services provider reported $2.12 EPS for the quarter, beating the consensus estimate of $1.85 by $0.27. Walker & Dunlop had a net margin of 20.65% and a return on equity of 18.99%. The company had revenue of $319.44 million for the quarter, compared to the consensus estimate of $312.72 million. During the same period in the prior year, the firm posted $1.54 EPS. The firm’s revenue was up 42.4% compared to the same quarter last year.

Several other brokerages have also recently issued reports on WD. Keefe, Bruyette & Woods raised shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating in a research note on Friday, January 21st. Wolfe Research dropped their price target on Walker & Dunlop from $191.00 to $183.00 and set an “outperform” rating on the stock in a research note on Thursday, March 10th. StockNews.com started coverage on Walker & Dunlop in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Zacks Investment Research lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Thursday, April 28th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $163.50.

WD stock opened at $104.94 on Monday. The firm’s fifty day moving average is $129.34 and its 200 day moving average is $137.78. The company has a debt-to-equity ratio of 1.01, a quick ratio of 160.37 and a current ratio of 160.37. The firm has a market cap of $3.47 billion, a PE ratio of 12.38 and a beta of 1.17. Walker & Dunlop has a one year low of $95.51 and a one year high of $156.77.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 3rd. Stockholders of record on Thursday, May 19th will be paid a dividend of $0.60 per share. The ex-dividend date is Wednesday, May 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.29%. Walker & Dunlop’s dividend payout ratio is currently 28.30%.

In other Walker & Dunlop news, EVP Paula A. Pryor sold 1,652 shares of the business’s stock in a transaction dated Wednesday, March 16th. The stock was sold at an average price of $132.27, for a total transaction of $218,510.04. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 8.05% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. O Shaughnessy Asset Management LLC lifted its position in shares of Walker & Dunlop by 205.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 217 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 146 shares during the period. Quadrant Capital Group LLC raised its stake in shares of Walker & Dunlop by 203.1% in the first quarter. Quadrant Capital Group LLC now owns 197 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 132 shares during the last quarter. James Investment Research Inc. purchased a new stake in shares of Walker & Dunlop during the first quarter valued at approximately $34,000. USA Financial Portformulas Corp bought a new stake in Walker & Dunlop during the fourth quarter valued at $36,000. Finally, TCI Wealth Advisors Inc. raised its position in Walker & Dunlop by 117.3% during the first quarter. TCI Wealth Advisors Inc. now owns 326 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 176 shares in the last quarter. Hedge funds and other institutional investors own 71.61% of the company’s stock.

Walker & Dunlop Company Profile (Get Rating)

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. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.

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