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Walker & Dunlop (WD) Receives a Hold from JMP Securities
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Walker & Dunlop (WD) Receives a Hold from JMP Securities

In a report released today, Steven Delaney from JMP Securities reiterated a Hold rating on Walker & Dunlop (WDResearch Report). The company’s shares opened today at $72.15.

Delaney covers the Real Estate sector, focusing on stocks such as Redwood, Ladder Capital, and Kkr Real Estate Finance. According to TipRanks, Delaney has an average return of 4.5% and a 48.10% success rate on recommended stocks.

Currently, the analyst consensus on Walker & Dunlop is a Moderate Buy with an average price target of $89.50.

See the top stocks recommended by analysts >>

Based on Walker & Dunlop’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $77.06 million and a net profit of $27.64 million. In comparison, last year the company earned a revenue of $102.61 million and had a net profit of $54.29 million

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WD in relation to earlier this year. Most recently, in August 2023, Stephen Theobald, the EVP & COO of WD sold 16,949.00 shares for a total of $1,452,552.11.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Walker & Dunlop (WD) Company Description:

Walker & Dunlop, Inc. is a holding company, which operates as a commercial real estate finance company. The firm provides capital solutions for all commercial real estate asset classes, as well as investment sales brokerage services to owners of multifamily properties. Its operations involve the delivery and servicing of loan products for its customers. The company’s products and services include multifamily finance, FHA finance, capital markets, and bridge financing. Walker & Dunlop was founded by Oliver Walker and Laird Dunlop in 1937 and is headquartered in Bethesda, MD.

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