59.14 -0.01 (-0.02%)
After hours: 4:02PM EDT
|Bid||58.93 x 1100|
|Ask||59.11 x 1000|
|Day's Range||58.46 - 59.40|
|52 Week Range||37.96 - 59.93|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||11.20|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.20 (2.07%)|
|1y Target Est||64.25|
Walker & Dunlop posted a beat on both its top and bottom line in its second quarter earnings report. Over the last four quarters, the company surpassed earnings per share and revenue estimates three times. The company's CEO Willy Walker joins Yahoo Finance to discuss the beat, as well as the health of the real estate landscape.
Willy Walker, chief executive officer of Bethesda, Maryland-based commercial real estate financing firm Walker & Dunlop, along with his wife Sheila, have purchased a $9 million, 8,900-square-foot home in Cherry Hills Village — the largest house sale of the year across metro Denver. The deal for the home, which sits on a two-acre lot in the high-end Denver suburb, closed on Friday, Oct. 4, according to Arapahoe County public records. The listing agent, Linda Hantman, of Kentwood Real Estate, declined to comment, calling the deal a confidential transaction.
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BETHESDA, Md., Oct. 3, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $35,417,200 in construction financing through the United States Department of Housing and Urban Development (HUD) for Renaissance Santa Rosa in Mary Esther, Florida. Formerly a nine-acre department store site adjoining the Santa Rosa Mall, the property will undergo a comprehensive redevelopment into a walkable, mixed-use community. The developers, Rea Ventures Group, LLC and Radiant Partners, were introduced to one another by Walker & Dunlop and are both longtime clients of the company.
BETHESDA, Md., Oct. 2, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its property sales team in the Mid-Atlantic with the addition of Senior Vice Presidents David Beyel and Christopher Egan in Philadelphia, Pennsylvania. The team is focused on originating and executing on commercial real estate property sales primarily in the greater Philadelphia metro area. Kris Mikkelsen, Chief Operating Officer and Managing Director of Walker & Dunlop's property sales group, commented, "We are thrilled to have Dave and Chris on the Walker & Dunlop platform.
BETHESDA, Md., Sept. 27, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $11,595,700 in accelerated financing for Lewisburg Summit Apartments. The property is an affordable multifamily community that is supported by an allocation of four percent Low Income Housing Tax Credits (LIHTC) in partnership with the Tennessee Housing Development Agency. Located in Lewisburg, Tennessee, the property is within the bounds of Marshall County, one of Tennessee's designated opportunity zone census tracts.
BETHESDA, Md., Sept. 18, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $17,975,000 in financing for Mi Place at Vineyards, a master-planned garden style multifamily development. Located just ten minutes from the historic downtown area of Lewes, Delaware, the newly developed property has excellent access to Atlantic beaches and the Delaware Bay. Led by Jon Kushner and Ben Retter, the Walker & Dunlop team arranged the financing on behalf of repeat-client, Fernmoor Homes.
BETHESDA, Md., Sept. 16, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $9,570,000 in financing for the Comfort Inn® Maingate. Located in Kissimmee, Florida, the 197-key hotel is just two miles away from Walt Disney World Resort and offers convenient access to SeaWorld, Universal Orlando Resort, and Legoland. Walker & Dunlop's team, led by Vice President Jacob Cohen, leveraged its broad network of capital providers to secure a three-year bridge loan on behalf of the property owner, SLB Hotel Group.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Walker & Dunlop, Inc. New York, September 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Walker & Dunlop, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
BETHESDA, Md., Sept. 6, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured a $14,224,000 senior loan for the acquisition and future repositioning of the 191-key Holiday Inn Newark Airport. Ideally situated across the street from Newark Liberty International Airport, in New Jersey, the hotel caters to both leisure and business travelers, offering limited services at a reasonable price to better serve the growing number of on-the-go travelers requiring a short-term stay. Led by Vice President Jeff Baik, the Walker & Dunlop team secured a non-recourse, fixed-rate bridge loan at 77.5 percent loan to cost from a regional bridge lender on behalf of the client, who is an experienced hotel investor.
BETHESDA, Md., Sept. 4, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its debt brokerage team to Boston, Massachusetts with the addition of Vice President Patrick Keefe. Mr. Keefe will be responsible for sourcing and structuring permanent, bridge, and construction loans for all commercial real estate property types throughout the United States. Mr. Keefe's hiring represents Walker & Dunlop's first dedicated capital markets hire in the robust New England market.
BETHESDA, Md., Sept. 3, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its property sales team in the Northeast with the addition of Managing Directors Joseph Garibaldi and Thomas Walsh in Short Hills, New Jersey. Managing Director Kris Mikkelsen commented, "We are thrilled to welcome Joe and Tom to Walker & Dunlop. The addition of this team to our property sales platform deepens our capabilities in the Northeast with a strategic presence in New Jersey and the surrounding region.
BETHESDA, Md., Aug. 23, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has provided $12,800,000 in bridge financing for The Grove Fox Valley, a 156-bed skilled nursing facility located in Aurora, Illinois. The debt was structured and provided by Walker & Dunlop's bridge lending program, which utilizes its own balance sheet to offer short-term, nonrecourse loans for properties that are being repositioned as part of a new business strategy. Led by Managing Director Joshua Rosen, the team structured the acquisition financing to cover 100 percent of the acquisition cost in addition to working capital and capital expenditures for the owner, Cascade Capital Group.
Walker & Dunlop, Inc. (NYSE:WD) is about to trade ex-dividend in the next 4 days. You will need to purchase shares...
EVP & CFO of Walker & Dunlop Inc (30-Year Financial, Insider Trades) Stephen P Theobald (insider trades) sold 10,000 shares of WD on 08/13/2019 at an average price of $57.26 a share. Continue reading...
BETHESDA, Md., Aug. 14, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced that it has hired property sales and financing experts Jubeen Vaghefi and Denny St. Romain as Managing Directors in Florida, expanding its substantial presence in the region. Executive Vice President Greg Engler stated, "Thanks to hires like Jubeen and Denny, our property sales platform in Florida has become the premier team in the state.
BETHESDA, Md., Aug. 12, 2019 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $27,900,000 in financing for the acquisition of Brooke Commons Apartments in Orlando, Florida. In the growing Orlando market with consistent demand for multifamily housing, Brooke Commons Apartments serves an important role in providing quality apartment units at affordable rents. Led by Managing Director John Gilmore, Walker & Dunlop's team identified Freddie Mac as the ideal lender for the transaction.
Walker & Dunlop (WD) delivered earnings and revenue surprises of 2.31% and 7.88%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
BETHESDA, Md. , Aug. 7, 2019 /PRNewswire/ -- SECOND QUARTER 2019 HIGHLIGHTS Total transaction volume of $7.3 billion , up 18% from Q2'18 Total revenues of $200.3 million , up 12% from Q2'18 Net income ...