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

Walker & Dunlop (NYSE:WD - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Walker & Dunlop to post earnings of $1.29 per share for the quarter. Parties that are interested in participating in the company's earnings conference call can do so using this link.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.07. The company had revenue of $270.70 million during the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a net margin of 8.41% and a return on equity of 9.65%. Walker & Dunlop's quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. On average, analysts expect Walker & Dunlop to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Walker & Dunlop Trading Down 2.3 %

Shares of NYSE:WD traded down $2.53 during midday trading on Thursday, hitting $109.37. The stock had a trading volume of 103,419 shares, compared to its average volume of 202,912. Walker & Dunlop has a 1 year low of $63.41 and a 1 year high of $116.51. The stock has a 50 day moving average price of $109.84 and a two-hundred day moving average price of $102.15. The company has a market capitalization of $3.69 billion, a PE ratio of 42.23 and a beta of 1.55.

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend was Thursday, August 22nd. Walker & Dunlop's dividend payout ratio is presently 100.39%.

Insider Buying and Selling

In related news, COO Stephen P. Theobald sold 13,870 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total value of $1,471,607.00. Following the sale, the chief operating officer now directly owns 53,869 shares of the company's stock, valued at approximately $5,715,500.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.47% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WD shares. StockNews.com upgraded Walker & Dunlop from a "sell" rating to a "hold" rating in a research note on Sunday, August 11th. Wolfe Research upgraded shares of Walker & Dunlop to a "strong-buy" rating in a research report on Tuesday, September 24th. Keefe, Bruyette & Woods increased their price target on shares of Walker & Dunlop from $105.00 to $112.00 and gave the company a "market perform" rating in a report on Thursday, July 25th. Finally, Wedbush boosted their price objective on shares of Walker & Dunlop from $105.00 to $110.00 and gave the stock a "neutral" rating in a report on Wednesday, September 25th.

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.