Walker & Dunlop, Inc Common Sto (NYSE:WD):
Walker & Dunlop Expands Lending Platform with Acquisition of Elkins Mortgage.
The company is so far trading down by -0.77 percent from yesterday’s close.
Shares of the company are trading at $23.83 barely below $24.95, the 50 day moving average and a tad below the 200 day moving average of $24.48. The 50 day moving average was down $-1.12 and the 200 day average moved down $-0.65.
The company’s P/E ratio is 8.27 and the market cap of the company is 734.23M. As of the latest earnings report the EPS was $2.88 and is projected to be $3.02 for the current year with 30,811,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.76 with next year’s EPS anticipated to be $2.89.
Several investment firms have provided guidance on the stock of late. On October 6, 2016 Wedbush started covering the stock with a rating of “Neutral”. On May 5 the company was upgraded from “Market Perform” to “Market Outperform” with a current price target of $25.00 by analysts at JMP Securities.
On February 16 the stock rating was upgraded to “Overweight” from “Equal-weight” and a price target of $31.00 was set in a report from Morgan Stanley. On February 16, 2016 Morgan Stanley left the price objective at $31.00 but boost the company from Equal-weight to Overweight.
On November 5 the company was downgraded from “Outperform” to “Market Perform” and a price target of $32.00 was set in a statement from Keefe Bruyette & Woods. On November 5 the stock rating was downgraded to “Market Perform” from “Market Outperform” in an announcement from JMP Securities.