Walker & Dunlop Given Average Recommendation of “Hold” by Brokerages (NYSE:WD)
Shares of Walker & Dunlop (NYSE:WD) have been given a consensus rating of “Hold” by the eight analysts that are currently covering the stock, AR Network reports. Six analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $18.40.
A number of analysts have recently weighed in on WD shares. Analysts at Morgan Stanley initiated coverage on shares of Walker & Dunlop in a research note on Tuesday. They set an “equal weight” rating and a $17.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Walker & Dunlop from an “underperform” rating to a “neutral” rating in a research note on Thursday, March 20th. They now have a $16.90 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods downgraded shares of Walker & Dunlop from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. They now have a $18.00 price target on the stock, up previously from $16.00.
Shares of Walker & Dunlop (NYSE:WD) traded down 2.38% during mid-day trading on Tuesday, hitting $15.15. 11,340 shares of the company’s stock traded hands. Walker & Dunlop has a 52 week low of $12.50 and a 52 week high of $19.74. The stock’s 50-day moving average is $16.01 and its 200-day moving average is $15.48. The company has a market cap of $478.6 million and a P/E ratio of 13.03.
Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, May 8th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.06. The company had revenue of $64.80 million for the quarter, compared to the consensus estimate of $74.10 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. On average, analysts predict that Walker & Dunlop will post $1.42 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.
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