WD News

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Walker & Dunlop, Inc. announced today the appointment of Paula A. Pryor as Executive Vice President and Chief Human Resources Officer, effective May 14, 2020. In her role, she is responsible for leading the company's national Human Resources function, including enabling best-in-class benefits and compensation; career and leadership development; talent management; workforce planning; change management; and employee relations.

Q1 2020 Walker & Dunlop Inc Earnings Call

Walker & Dunlop (WD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Willy Walker became the CEO of Walker & Dunlop, Inc. (NYSE:WD) in 2007. This analysis aims first to contrast CEO...

Walker & Dunlop, Inc. announced today that its investment sales group, Walker & Dunlop Investment Sales, completed the sale of six multifamily communities in Denton, Texas. Located in a northern suburb of Dallas-Fort Worth, the portfolio comprises Locust 210 Lofts, Victoria Heights, Victoria Station, Victoria Village, The Adagio, and Locust Street Terrace Apartments.

Walker & Dunlop, Inc. announced today that it completed the sale and structured $44,253,000 in financing for the Century New Holland, a resort-style apartment community in Gainesville, the primary business center in Georgia. The assignment was completed on behalf of Centennial Holding Company, which has acquired and financed two additional assets, Century Avenues in Lakeland, Florida, and Century at the Ballpark in Lawrenceville, Georgia, through Walker & Dunlop's property sales group within the past year. Walker & Dunlop facilitated the sale and financing for all three properties.

Walker & Dunlop, Inc. announced today that it has expanded its multifamily appraisal business, Apprise, with the addition of Managing Director, Corey Gustafson, MAI. Based in Boston, Massachusetts, Mr. Gustafson will lead the Northeast region, including the Boston, New York, Philadelphia, Baltimore and Washington, D.C. markets.

Walker & Dunlop, Inc. announced today that it structured $14,895,100 in financing for The Grove Fox Valley, a 156-bed skilled nursing facility located in Aurora, Illinois, $14,960,000 in financing for WellBridge of Novi, a 100-bed skilled nursing facility in Novi, Michigan, and $7,377,600 Asbury of Kankakee, a 98-bed supportive living facility in Kankakee, Illinois.

Walker & Dunlop (WD) delivered earnings and revenue surprises of 12.03% and 25.96%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Is Walker & Dunlop, Inc. (NYSE:WD) a good dividend stock? How can we tell? Dividend paying companies with growing...

FIRST QUARTER 2020 HIGHLIGHTS

Walker & Dunlop, Inc. (the "Company") announced today that it will release its first quarter 2020 results before the market opens on May 6, 2020.

Walker & Dunlop, Inc. announced today that it closed the largest transaction in company history; a $2.4 billion Fannie Mae Credit Facility to refinance 67 multifamily properties located in the Washington, D.C. metropolitan area. The borrower, Southern Management Corporation, is the largest privately-owned residential property-management company in the Mid-Atlantic region. The portfolio financed is comprised of 22,439 units in total, over 60 percent of which qualify as mission-driven, affordable housing under Federal Housing Finance Agency (FHFA) guidelines.

D.C. Mayor Muriel Bowser on Sunday ordered the shutdown of the Maine Avenue Fish Market in Southwest after large crowds defied social-distancing orders and congregated in the open-air market on Saturday. Ernest Charappah, the director of the D.C. Department of Consumer and Regulatory Affairs, tweeted Sunday the closure will remain in effect until “an acceptable social distancing plan” is submitted to his department. Billy White, owner of Captain White's Seafood City at the municipal market, told NBC Washington that security was hired to maintain order.

Walker & Dunlop, Inc. (NYSE: WD) today announced a change in the place of its 2020 Annual Meeting of Stockholders (the "Annual Meeting"), to be held on Thursday, May 14, 2020, at 10:00 a.m., Eastern Daylight Time, due to the public health risks and associated stay at home orders related to the coronavirus pandemic. The Annual Meeting will be held by remote communication only, in a virtual meeting format. Stockholders will not be able to attend the Annual Meeting in person. As described in the proxy materials previously distributed in connection with the Annual Meeting, only stockholders at the close of business on March 13, 2020, the record date, are entitled to vote at the Annual Meeting.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

Walker & Dunlop, Inc. announced today that it structured $10,129,500 in construction and permanent financing for Spring Flats, the redevelopment of a historic property known as The Hebrew Home. Located in the Petworth neighborhood of Northwest Washington, D.C., the mixed-income development caters primarily to seniors and low-income residents. The project totals 185 units, 88 of which will benefit from the adaptive reuse rehabilitation loan.

Hosting the call today is Willy Walker, Walker & Dunlop Chairman and CEO. This morning, we posted our earnings release and presentation to the Investor Relations section of our website, www.walkerdunlop.com. Please refer to the earnings release posted on our website for a reconciliation of this non-GAAP financial metric.

Shares of Walker & Dunlop (NYSE:WD) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share rose 7.19% over the past year to $1.49, which beat the estimate of $1.35.Revenue of $234,157,000 higher by 24.93% year over year, which beat the estimate of $193,200,000.Guidance Earnings guidance hasn't been issued by the company for now.Walker & Dunlop hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 06, 2020View more earnings on WDWebcast URL: https://walkerdunlop.zoom.us/webinar/register/WN_c3hs7keESvKlooPmRbzrKQRecent Stock Performance 52-week high: $79.74Company's 52-week low was at $24.55Price action over last quarter: down 51.45%Company Description Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company's products consist of first mortgage loans, second trust loans, supplemental financings, construction loans, mezzanine loans, and bridge/interim loans. The company generates majority of total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.See more from Benzinga * CECO Environmental: Q1 Earnings Insights * State Auto Financial: Q1 Earnings Insights * EyePoint Pharmaceuticals: Q3 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.