Walker & Dunlop (NYSE:WD) Reaches New 52-Week Low - Time to Sell?

Walker & Dunlop, Inc. (NYSE:WD - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $84.29 and last traded at $85.17, with a volume of 218590 shares traded. The stock had previously closed at $86.44.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods decreased their target price on Walker & Dunlop from $120.00 to $105.00 and set a "market perform" rating for the company in a research report on Friday, February 14th.

Walker & Dunlop Stock Performance

The company has a market cap of $2.81 billion, a P/E ratio of 26.07 and a beta of 1.55. The stock has a 50-day moving average of $94.55 and a two-hundred day moving average of $103.61.

Walker & Dunlop (NYSE:WD - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The financial services provider reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates of $1.52 by ($0.18). Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. The company had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.82 million. Research analysts predict that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Walker & Dunlop's previous quarterly dividend of $0.65. Walker & Dunlop's dividend payout ratio (DPR) is 81.50%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sterling Capital Management LLC increased its holdings in shares of Walker & Dunlop by 456.4% in the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider's stock worth $30,000 after purchasing an additional 251 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Walker & Dunlop by 1,295.8% in the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider's stock worth $38,000 after purchasing an additional 311 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of Walker & Dunlop by 42.2% in the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider's stock worth $44,000 after purchasing an additional 116 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Walker & Dunlop by 230.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider's stock worth $72,000 after purchasing an additional 524 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Walker & Dunlop in the 4th quarter worth $96,000. Institutional investors own 80.97% of the company's stock.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.