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. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans. It also provides multifamily finance for manufactured housing communities, student housing, affordable housing, and senior housing properties under the Fannie Mae's DUS program; and construction and permanent loans to developers and owners of multifamily housing, affordable housing, senior housing, and healthcare facilities. In addition, the company acts as an intermediary in the placement of commercial real estate debt between institutional sources of capital, including life insurance companies, investment banks, commercial banks, pension funds, CMBS conduits, and other institutional investors, as well as owners of various types of commercial real estate. Further, it advises on capital structure; develops the financing package; facilitates negotiations between its client and institutional sources of capital; coordinates due diligence; and assists in closing the transaction. Additionally, the company offers property sales brokerage, underwriting and risk management, and servicing and asset management services. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.
IPO Year: 2010
Exchange: NYSE
Website: walkerdunlop.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/11/2024 | $130.00 → $95.00 | Outperform → Neutral | Wedbush |
12/13/2023 | $85.00 → $105.00 | Outperform → Mkt Perform | Keefe Bruyette |
12/11/2023 | $90.00 → $110.00 | Outperform | Wedbush |
5/2/2023 | Mkt Outperform → Mkt Perform | JMP Securities | |
2/1/2023 | Outperform → Peer Perform | Wolfe Research | |
3/10/2022 | $191.00 → $183.00 | Outperform | Wolfe Research |
1/21/2022 | Mkt Perform → Outperform | Keefe Bruyette | |
11/8/2021 | $190.00 | Buy | Jefferies |
10/7/2021 | $130.00 → $140.00 | Market Outperform | JMP Securities |
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3 - Walker & Dunlop, Inc. (0001497770) (Issuer)
4 - Walker & Dunlop, Inc. (0001497770) (Issuer)
4 - Walker & Dunlop, Inc. (0001497770) (Issuer)
Wedbush downgraded Walker & Dunlop from Outperform to Neutral and set a new price target of $95.00 from $130.00 previously
Keefe Bruyette downgraded Walker & Dunlop from Outperform to Mkt Perform and set a new price target of $105.00 from $85.00 previously
Wedbush reiterated coverage of Walker & Dunlop with a rating of Outperform and set a new price target of $110.00 from $90.00 previously
JMP Securities downgraded Walker & Dunlop from Mkt Outperform to Mkt Perform
Wolfe Research downgraded Walker & Dunlop from Outperform to Peer Perform
Wolfe Research reiterated coverage of Walker & Dunlop with a rating of Outperform and set a new price target of $183.00 from $191.00 previously
Keefe Bruyette upgraded Walker & Dunlop from Mkt Perform to Outperform
Jefferies initiated coverage of Walker & Dunlop with a rating of Buy and set a new price target of $190.00
JMP Securities reiterated coverage of Walker & Dunlop with a rating of Market Outperform and set a new price target of $140.00 from $130.00 previously
Wolfe Research initiated coverage of Walker & Dunlop with a rating of Outperform and set a new price target of $147.00
10-Q - Walker & Dunlop, Inc. (0001497770) (Filer)
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8-K - Walker & Dunlop, Inc. (0001497770) (Filer)
10-Q - Walker & Dunlop, Inc. (0001497770) (Filer)
8-K - Walker & Dunlop, Inc. (0001497770) (Filer)
8-K - Walker & Dunlop, Inc. (0001497770) (Filer)
8-K - Walker & Dunlop, Inc. (0001497770) (Filer)
8-K - Walker & Dunlop, Inc. (0001497770) (Filer)
8-K - Walker & Dunlop, Inc. (0001497770) (Filer)
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Walker & Dunlop, Inc. announced today that it has expanded its Capital Markets Midwest presence with the addition of Jonathan Zilber as senior managing director. Based in Cleveland, Ohio, Zilber's arrival marks a strategic move to bolster Walker & Dunlop's capabilities across the country, particularly in the burgeoning Ohio market. As senior managing director, Jonathan Zilber will oversee the origination and placement of loans across various property types throughout the country, with a particular focus on agency and alternative products for multifamily assets. With an impressive track record of arranging over $7 billion in financing nationwide, Zilber brings a wealth of experience that co
Walker & Dunlop, Inc. announced today that it has expanded its Investment Sales team in the Midwest with the addition of industry veteran Jeff Stingley. Based in Kansas City, Jeff will be a managing director, specializing in the valuation and disposition of multifamily properties across the Midwest for institutional and private clients. He joins a seasoned Midwest team at Walker & Dunlop aiming to capitalize on the region's burgeoning investment landscape. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731759616/en/Jeff Stingley (Photo: Business Wire) Jeff brings more than 20 years of industry experience to Walker & Dunlop an
Walker & Dunlop, Inc. announced today that it is adding new capabilities to its already expansive affordable housing platform. The team welcomes 20-year industry veteran Warren Horvath as a managing director to source non-LIHTC and programmatic joint-venture equity for affordable housing owners and operators. Horvath has overseen or been directly involved in more than $9 billion of housing transactions, representing over 75,000 units. His experience and expertise working with third-party investors will expand the team's ability to help clients access a full range of capital sources. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2
Wathen Castanos Homes, a leading award-winning California homebuilder, announced the acquisition of its homebuilding business by Trumark Homes, a subsidiary of Daiwa House USA Inc. Originally founded in 1983 and currently led by President, CEO, and partial owner Josh Peterson since 2014, Wathen Castanos Homes is a leading private homebuilder in California's Central Valley and Central Coast with a long-established legacy of homebuilding success. Currently building in San Luis Obispo, Monterey Bay, Clovis, Fresno, and Madera, Wathen Castanos Homes is known for its award-winning design and energy efficiency. "We are very excited and honored to join the Trumark Homes family," said Peterson.
Selina Hospitality PLC ("Selina" or the "Company"), (NASDAQ:SLNA), the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, is proud to announce the appointment of Alan Bowers as the newest independent director on its Board of Directors, effective as of March 17, 2023. In addition, as part of Selina's commitment to corporate governance, the Board has established a Finance and Capital Allocation Committee to help oversee budgeting, capital allocation and significant transactions. Catherine Dunleavy, who has stepped down as chair of, but remains a member of, the Audit Committee was appointed as chair of the new committee. The establishment of t
BETHESDA, Md., March 4, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has appointed Donna Wells to its board of directors as an independent director and member of the audit committee. Walker & Dunlop Appoints Donna Wells to Board of Directors Ms. Wells is the Chief Executive Officer of Valencia Ventures, LLC, a strategic consulting and corporate governance firm which she founded. Previously, she served as President and Chief Executive Officer of Mindflash Technologies, Inc., an enterprise software company providing cloud-based training platforms to businesses. Prior to Mindflash, Ms. Wells held a number of senior marketing roles at Mint Software, I
Keefe, Bruyette & Woods analyst Jade Rahmani maintains Walker & Dunlop (NYSE:WD) with a Market Perform and raises the price target from $105 to $112.
The delinquency rate for U.S. office loans rose in June as vacancies grew due to the post-pandemic work-from-home trend and persistently high interest rates, according to a report from Fitch Ratings. The rate of delinquencies, or late payments, on loans behind commercial mortgage-backed securities (CMBS) rose to 2.45% in June from 2.42% in May, according to the report released on Friday. The volume of 30-day delinquencies increased to $1.92 billion from $1.86 billion over the same period. The volume of 30-day delinquencies increased to $1.92 billion in June from $1.86 billion in May, increasing the 30-day delinquency rate to 0.35% in June from 0.34% in May. Office loans represented the
U.S. stocks were higher, with the Nasdaq Composite gaining over 250 points on Wednesday. Shares of Casey’s General Stores, Inc. (NASDAQ:CASY) rose sharply during Wednesday's session after the company reported better-than-expected quarterly financial results. Also, the company increased its quarterly dividend. Sales of $3.60 billion exceeded the street view of $3.48 billion. EPS of $2.34 beat the consensus of $1.72, according to data from Benzinga Pro. Casey’s General Stores shares jumped 16.5% to $380.41 on Wednesday. Here are some other big stocks recording gains in today’s session. Avidity Biosciences, Inc. (NASDAQ:RNA) surged 27% to $36.56 after the company announced initi
Wedbush analyst Henry Coffey reiterates Walker & Dunlop (NYSE:WD) with a Neutral and maintains $95 price target.
Walker & Dunlop (NYSE:WD) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $0.52 by 128.85 percent. This is a 1.71 percent increase over earnings of $1.17 per share from the same period last year. The company reported quarterly sales of $228.059 million which missed the analyst consensus estimate of $251.817 million by 9.43 percent. This is a 4.48 percent decrease over sales of $238.746 million the same period last year.
Walker & Dunlop, Inc. (NYSE:WD) shares are trading lower after Wedbush analyst Jay McCanless downgraded the stock to Neutral from Outperform and cut the price target to $95 (from $130). The analyst’s re-rating reflects the expectation that a higher for longer rate environment will again put pressure on transaction volumes this year. The analyst says that the rate of volatility is showing no signs of easing and fears that the consistent rate of volatility seen thus far through 2024 has not helped to fix the ongoing negative leverage issue. Although Walker & Dunlop is one of the largest Agency multifamily lenders in the country, the analyst doesn’t expect the company to be the benefic
Shares of Fastenal Company (NASDAQ:FAST) fell sharply during Thursday’s session following worse-than-expected first-quarter financial results. Fastenal reported first-quarter FY24 sales growth of 1.9% Y/Y to $1.895 billion, missing the consensus of $1.914 billion. The company's first-quarter EPS was 52 cents, missing the consensus of 53 cents. Fastenal shares dipped 6.7% to $69.73 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Rallybio Corporation (NASDAQ:RLYB) shares climbed 89.6% to $3.09 after the company announced a collaboration with Johnson & Johnson to advance therapeutics for pregnant individuals at risk of FNAIT. Rent the Runway, Inc. (NA
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Walker & Dunlop, Inc. announced today the promotion of Dan Groman to Executive Vice President, General Counsel, Secretary and Chief Compliance Officer, effective November 8, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241113688995/en/Dan Groman (Photo: Business Wire) "Dan was an exceptional Deputy General Counsel for the past 12 years and I am delighted to have his leadership, legal acumen and smarts in the role of General Counsel going forward," said Willy Walker, Chairman and Chief Executive Officer at Walker & Dunlop. "Dan's understanding of our industry and company make him the ideal General Counsel as we continue e
Walker & Dunlop, Inc. announced today that it facilitated the $113 million acquisition financing for Franklin 299, a Class-A multifamily community in one of the most explosive growth markets in the Bay area. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112083143/en/299 Franklin (Photo: Business Wire) The Walker & Dunlop Multifamily Finance team, led by Jeff Burns, Chris Botsford, Rene Alvarez, Jeff Conahan, and Matt DeMarche, arranged the financing on behalf of longtime client Acacia Capital. Despite the highly competitive financing landscape, the team identified Fannie Mae as the lender willing to expedite the project with
36% Increase in Total Transaction Volume Drives 33% Increase in Diluted Earnings Per Share THIRD QUARTER 2024 HIGHLIGHTS Total transaction volume of $11.6 billion, up 36% from Q3'23 Total revenues of $292.3 million, up 9% from Q3'23 Net income of $28.8 million and diluted earnings per share of $0.85, up 34% and 33%, respectively, from Q3'23 Adjusted EBITDA(1) of $78.9 million, up 7% from Q3'23 Adjusted core EPS(2) of $1.19, up 7% from Q3'23 Servicing portfolio of $134.1 billion as of September 30, 2024, up 4% from September 30, 2023 Declared quarterly dividend of $0.65 per share for the fourth quarter 2024 YEAR-TO-DATE 2024 HIGHLIGHTS Total transaction volume of $26.5 bil
Walker & Dunlop, Inc. announced today that it facilitated a $110 million refinancing for an 18-property multifamily portfolio in New York City. Originally acquired in [2021] by a joint venture between Davean Holdings and Meadow Partners, the portfolio currently consists of 112 multifamily units and 29 commercial units located in some of the most desirable neighborhoods in the city including the East Village and Park Slope. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104172634/en/Six buildings in the portfolio (Photo: Business Wire) "We're pleased that we are able to continue executing on our business plan and adding value f
The U.S. Department of Housing and Urban Development (HUD) has just announced that Walker & Dunlop, Inc., a leading national commercial real estate finance firm, ranked #2 in dollar volume of closed loans for the agency's fiscal year 2024, which concluded on September 30, 2024. During HUD's fiscal year, Walker & Dunlop originated and closed loans for multiple asset types totaling $637 million and representing 7.7% of total HUD volume. See additional sub-rankings below: #2 Overall HUD Lender #2 Affordable Lender #4 Construction Lender #2 Multifamily Lender #7 Healthcare and Seniors Lender "Despite the volatility in the real estate market over the past year, our FHA Finance team
Walker & Dunlop, Inc. announced today its strategic move into Hospitality Investment Sales with the addition of Jonathan (Jay) Morrow as senior managing director. Morrow will lead Walker & Dunlop's hospitality practice and be responsible for the origination and execution of hospitality investment sales and capital placement across the United States. He will be based in New York. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016406989/en/Jay Morrow, Senior Managing Director (Photo: Business Wire) "Multifamily has been the cornerstone of Walker & Dunlop's growth and competitive market position. But just like in our financing bu
Walker & Dunlop, Inc. announced today that it will release its third quarter 2024 results before the market opens on November 7, 2024. The Company will host a conference call to discuss the quarterly results on November 7, 2024, at 8:30 a.m. Eastern time. Listeners can access the call by dialing (888) 256-1007 from within the United States or (773) 305-6853 from outside the United States and are asked to reference the Confirmation Code: 1186507. A simultaneous webcast of the call will be available via the link below: https://event.webcasts.com/viewer/event.jsp?ei=1655311&tp_key=70e4b5c240 A webcast replay will be available on the Investor Relations section of the Company's website at htt
Walker & Dunlop, Inc. announced today that it has financed $137,288,000 for LUKA on the Common, a 398-unit, 30-story trophy asset located in the heart of Downtown Boston. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240926633135/en/LUKA on the Common (Photo: Business Wire) In July, the Walker & Dunlop Boston Investment Sales team, under the leadership of Managing Directors Travis D'Amato and Michael Coyne, facilitated the sale of the property on behalf of the client, AvalonBay Communities, and the buyer, Carmel Partners. Concurrently, the Walker & Dunlop Multifamily Finance team, led by Jeff Burns, secured $137 million in acqui
As the leader in financing for seniors housing, Walker & Dunlop, Inc. shares emerging market trends and vital landscape analysis in its newly published Seniors Housing Outlook, "Navigating Growth, Innovation, and Investment in a Transforming Market". The publication comes at a crucial time as this sector experiences significant demographic shifts and evolving healthcare needs for an aging population that continues to expand quickly. By 2050, it is projected that one in five Americans will be 65 or older, up from 17 percent in 2020. This increase will significantly boost demand for seniors housing, creating both opportunities and challenges for industry stakeholders. Investment opportunitie
Walker & Dunlop, Inc. announced today that it has expanded its Capital Markets Midwest presence with the addition of Jonathan Zilber as senior managing director. Based in Cleveland, Ohio, Zilber's arrival marks a strategic move to bolster Walker & Dunlop's capabilities across the country, particularly in the burgeoning Ohio market. As senior managing director, Jonathan Zilber will oversee the origination and placement of loans across various property types throughout the country, with a particular focus on agency and alternative products for multifamily assets. With an impressive track record of arranging over $7 billion in financing nationwide, Zilber brings a wealth of experience that co
36% Increase in Total Transaction Volume Drives 33% Increase in Diluted Earnings Per Share THIRD QUARTER 2024 HIGHLIGHTS Total transaction volume of $11.6 billion, up 36% from Q3'23 Total revenues of $292.3 million, up 9% from Q3'23 Net income of $28.8 million and diluted earnings per share of $0.85, up 34% and 33%, respectively, from Q3'23 Adjusted EBITDA(1) of $78.9 million, up 7% from Q3'23 Adjusted core EPS(2) of $1.19, up 7% from Q3'23 Servicing portfolio of $134.1 billion as of September 30, 2024, up 4% from September 30, 2023 Declared quarterly dividend of $0.65 per share for the fourth quarter 2024 YEAR-TO-DATE 2024 HIGHLIGHTS Total transaction volume of $26.5 bil
Walker & Dunlop, Inc. announced today that it will release its third quarter 2024 results before the market opens on November 7, 2024. The Company will host a conference call to discuss the quarterly results on November 7, 2024, at 8:30 a.m. Eastern time. Listeners can access the call by dialing (888) 256-1007 from within the United States or (773) 305-6853 from outside the United States and are asked to reference the Confirmation Code: 1186507. A simultaneous webcast of the call will be available via the link below: https://event.webcasts.com/viewer/event.jsp?ei=1655311&tp_key=70e4b5c240 A webcast replay will be available on the Investor Relations section of the Company's website at htt
SECOND QUARTER 2024 HIGHLIGHTS Total transaction volume of $8.4 billion, flat from Q2'23 Total revenues of $270.7 million, down 1% from Q2'23 Net income of $22.7 million and diluted earnings per share of $0.67, both down 18% from Q2'23 Adjusted EBITDA(1) of $80.9 million, up 15% from Q2'23 Adjusted core EPS(2) of $1.23, up 26% from Q2'23 Servicing portfolio of $132.8 billion as of June 30, 2024, up 5% from June 30, 2023 Declared quarterly dividend of $0.65 per share for the third quarter 2024 YEAR-TO-DATE 2024 HIGHLIGHTS Total transaction volume of $14.8 billion, down 2% from 2023 Total revenues of $498.7 million, down 2% from 2023 Net income of $34.5 millio
Walker & Dunlop, Inc. announced today that it will release its second quarter 2024 results before the market opens on August 8, 2024. The Company will host a conference call to discuss the quarterly results on August 8, 2024, at 8:30 a.m. Eastern time. Listeners can access the call by dialing (888) 256-1007 from within the United States or (773) 305-6853 from outside the United States and are asked to reference the Confirmation Code: 5034007. A simultaneous webcast of the call will be available via the link below: https://event.webcasts.com/starthere.jsp?ei=1655292&tp_key=5b0e21c116 A webcast replay will be available on the Investor Relations section of the Company's website at https:
FIRST QUARTER 2024 HIGHLIGHTS Total transaction volume of $6.4 billion, down 5% from Q1'23 Total revenues of $228.1 million, down 4% from Q1'23 Net income of $11.9 million and diluted earnings per share of $0.35, down 55% and 56%, respectively, from Q1'23 Adjusted EBITDA1 of $74.1 million, up 9% from Q1'23 Adjusted core EPS2 of $1.19, up 2% from Q1'23 Servicing portfolio of $132.0 billion as of March 31, 2024, up 6% from March 31, 2023 Declared quarterly dividend of $0.65 per share for the second quarter of 2024 Walker & Dunlop, Inc. (NYSE:WD) (the "Company," "Walker & Dunlop," or "W&D") reported total revenues of $228.1 million for the first quarter of 2024, a decre
Walker & Dunlop, Inc. announced today that it will release its first quarter 2024 results before the market opens on May 2, 2024. The Company will host a conference call to discuss the quarterly results on May 2, 2024, at 8:30 a.m. Eastern time. Listeners can access the call by dialing (888) 256-1007 from within the United States or (773) 305-6853 from outside the United States and are asked to reference the Confirmation Code: 4299257. A simultaneous webcast of the call will be available via the link below: https://event.webcasts.com/viewer/event.jsp?ei=1653643&tp_key=e4cfac9b39 A webcast replay will be available on the Investor Relations section of the Company's website at https://in
Strongest Quarterly Results of the Year Driven by Highest Transaction Volume of 2023 FOURTH QUARTER 2023 HIGHLIGHTS Total transaction volume of $9.3 billion, down 17% from Q4'22 Total revenues of $274.3 million, down 3% from Q4'22 Net income of $31.6 million and diluted earnings per share of $0.93, down 24% and 25%, respectively, from Q4'22 Adjusted EBITDA1 of $87.6 million, down 5% from Q4'22 Adjusted core EPS2 of $1.42, up 1% from Q4'22 Servicing portfolio of $130.5 billion as of December 31, 2023, up 6% from December 31, 2022 Declared quarterly dividend of $0.65 per share for the first quarter of 2024, up 3% from the fourth quarter of 2023 FULL YEAR 2023 HIGHLIG
Walker & Dunlop, Inc. announced today that it will release its fourth quarter and full-year 2023 results before the market opens on February 15, 2024. The Company will host a conference call to discuss the quarterly results on February 15, 2024, at 8:00 a.m. Eastern time. Listeners can access the call by dialing (888) 256-1007 from within the United States or (773) 305-6853 from outside the United States and are asked to reference the Confirmation Code: 8217003. A simultaneous webcast of the call will be available via the link below: https://event.webcasts.com/starthere.jsp?ei=1653633&tp_key=8cfbb57f45 A webcast replay will be available on the Investor Relations section of the Company
Servicing and Asset Management Segment Drives Strong Recurring Revenues THIRD QUARTER 2023 HIGHLIGHTS Total transaction volume of $8.6 billion, down 49% from Q3'22 Total revenues of $268.7 million, down 15% from Q3'22 Net income of $21.5 million and diluted earnings per share of $0.64, both down 54% from Q3'22 Adjusted EBITDA1 of $74.1 million, down 1% from Q3'22 Adjusted core EPS2 of $1.11, down 21% from Q3'22 Servicing portfolio of $129.0 billion at September 30, 2023, up 7% from September 30, 2022 Declared quarterly dividend of $0.63 per share for the fourth quarter of 2023 YEAR-TO-DATE 2023 HIGHLIGHTS Total transaction volume of $23.7 billion, down 55% from
Walker & Dunlop, Inc. announced today that it will release its third quarter 2023 results before the market opens on November 9, 2023. The Company will host a conference call to discuss the quarterly results on November 9, 2023, at 8:30 a.m. Eastern time. Listeners can access the call by dialing (888) 204-4368 from within the United States or (773) 305-6853 from outside the United States and are asked to reference the Confirmation Code: 1462801. A simultaneous webcast of the call will be available via the link below: https://event.webcasts.com/starthere.jsp?ei=1622436&tp_key=aa06dbe41d A webcast replay will be available on the Investor Relations section of the Company's website at htt