Keefe Bruyette has adjusted its price target for Walker & Dunlop (WD, Financial), reducing it from $105 to $95. Despite maintaining an Outperform rating on the stock, the firm highlights growing concerns about the broader economic environment. This adjustment comes as the firm anticipates solid first-quarter performance for commercial real estate brokers, largely due to growth in capital markets and leasing activities.
However, given the uncertain macroeconomic outlook, Keefe Bruyette emphasizes potential downside risks which prompted the revision of their estimates in advance of the upcoming earnings reports. Investors are advised to take these factors into consideration as they assess the stock's potential opportunities and challenges.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Walker & Dunlop Inc (WD, Financial) is $105.00 with a high estimate of $115.00 and a low estimate of $95.00. The average target implies an upside of 42.57% from the current price of $73.65. More detailed estimate data can be found on the Walker & Dunlop Inc (WD) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Walker & Dunlop Inc's (WD, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Walker & Dunlop Inc (WD, Financial) in one year is $94.30, suggesting a upside of 28.04% from the current price of $73.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Walker & Dunlop Inc (WD) Summary page.
