Walker & Dunlop (WD) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS
Walker & Dunlop (NYSE:WD) released its earnings data on Thursday. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.01, Stock Ratings News reports. The company had revenue of $85.47 million for the quarter, compared to the consensus estimate of $87.12 million.
On the ratings front, analysts at Zacks upgraded shares of Walker & Dunlop from an “underperform” rating to a “neutral” rating in a research note on Monday, December 2nd. They now have a $16.60 price target on the stock. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $18.22.
Walker & Dunlop (NYSE:WD) opened at 14.95 on Thursday. Walker & Dunlop has a one year low of $12.50 and a one year high of $21.72. The stock has a 50-day moving average of $15.00 and a 200-day moving average of $14.85. The company has a market cap of $521.4 million and a P/E ratio of 12.23.
Walker & Dunlop, Inc (NYSE:WD) is a holding company and conducts all of its operations through Walker & Dunlop, LLC.
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