Walker & Dunlop Inc. (NYSE:WD) shot up 1.3% on Wednesday . The company traded as high as $24.46 and last traded at $24.18, with a volume of 99,326 shares. The stock had previously closed at $23.88.

A number of research firms have recently weighed in on WD. JMP Securities raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $25.00 price target for the company in a research note on Thursday, May 5th. Zacks Investment Research raised Walker & Dunlop from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Friday, June 10th. TheStreet downgraded Walker & Dunlop from a “buy” rating to a “hold” rating in a research note on Monday, March 21st. Finally, Sterne Agee CRT reaffirmed a “neutral” rating on shares of Walker & Dunlop in a research note on Monday, May 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Walker & Dunlop presently has a consensus rating of “Hold” and an average price target of $27.10.

The company has a market cap of $747.31 million and a price-to-earnings ratio of 9.73. The firm’s 50-day moving average price is $23.78 and its 200 day moving average price is $23.64.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by $0.12. The company earned $94.20 million during the quarter, compared to analyst estimates of $115.42 million. The firm’s revenue for the quarter was down 16.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.66 earnings per share. On average, analysts predict that Walker & Dunlop Inc. will post $2.66 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors have bought and sold shares of WD. Rhumbline Advisers boosted its position in Walker & Dunlop by 6.3% in the fourth quarter. Rhumbline Advisers now owns 36,191 shares of the company’s stock worth $1,043,000 after buying an additional 2,150 shares during the last quarter. Chicago Equity Partners LLC boosted its position in Walker & Dunlop by 1.1% in the fourth quarter. Chicago Equity Partners LLC now owns 40,310 shares of the company’s stock valued at $1,161,000 after buying an additional 420 shares in the last quarter. New York State Common Retirement Fund boosted its position in Walker & Dunlop by 89.1% in the fourth quarter. New York State Common Retirement Fund now owns 45,584 shares of the company’s stock valued at $1,313,000 after buying an additional 21,484 shares in the last quarter. Navellier & Associates Inc boosted its position in Walker & Dunlop by 29.4% in the fourth quarter. Navellier & Associates Inc now owns 47,320 shares of the company’s stock valued at $1,363,000 after buying an additional 10,753 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in Walker & Dunlop by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 49,037 shares of the company’s stock valued at $1,413,000 after buying an additional 900 shares in the last quarter.

Walker & Dunlop, Inc (Walker & Dunlop) is a holding company, which conducts all of its operations through Walker & Dunlop, LLC, its operating company. Walker & Dunlop is a provider of commercial real estate financial services in the United States, with a primary focus on multifamily lending. The Company originates, sells, and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration Finance, Capital Markets, and Proprietary Capital.

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