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Walker & Dunlop (NYSE:WD) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. They currently have a $16.00 target price on the stock. Zacks‘ price target indicates a potential downside of 4.82% from the company’s current price.

Walker & Dunlop (NYSE:WD) traded down 0.36% during mid-day trading on Wednesday, hitting $16.75. 24,559 shares of the company’s stock traded hands. Walker & Dunlop has a 52-week low of $12.50 and a 52-week high of $21.63. The stock’s 50-day moving average is $15.05 and its 200-day moving average is $14.76. The company has a market cap of $569.5 million and a P/E ratio of 13.89.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.01. The company had revenue of $85.47 million for the quarter, compared to the consensus estimate of $87.12 million. The company’s quarterly revenue was down 19.0% on a year-over-year basis. On average, analysts predict that Walker & Dunlop will post $1.47 earnings per share for the current fiscal year.

Walker & Dunlop, Inc (NYSE:WD) is a holding company and conducts all of its operations through Walker & Dunlop, LLC.

To view Zacks’ full report, visit www.zacks.com

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