What's Going On With Walker & Dunlop Shares Today?
What's Going On With Walker & Dunlop Shares Today?
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).
沃克和鄧祿普公司（紐約證券交易所代碼：WD）股價走低，此前Wedbush分析師傑伊·麥肯利斯將該股的評級從跑贏大盤下調至中性，並將目標股價從130美元下調至95美元。
The analyst's re-rating reflects the expectation that a higher for longer rate environment will again put pressure on transaction volumes this year.
分析師的重新評級反映了這樣的預期，即在更長的時間內提高利率環境將再次給今年的交易量帶來壓力。
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.
這位分析師表示，波動率沒有緩解的跡象，並擔心到2024年迄今爲止的持續波動率無助於解決持續的負槓桿問題。
Although Walker & Dunlop is one of the largest Agency multifamily lenders in the country, the analyst doesn't expect the company to be the beneficiary of an expected 73% uptick in non-bank multifamily maturities this year.
儘管Walker & Dunlop是該國最大的該機構多戶家庭貸款機構之一，但分析師預計該公司不會成爲今年非銀行多戶住宅到期日預計增長73％的受益者。
Despite an expected increase in transaction and origination volumes in 2024, McCanless says that the higher rates could limit the amount of maturing loans that the company refinances.
儘管預計2024年的交易和發放量將增加，但麥肯利斯表示，更高的利率可能會限制該公司再融資的到期貸款金額。
Consequently, the analyst reduced EPS estimates to $3.40 (from $3.60) for 2024 and $4.30 (from $4.50) for 2025, owing to lower transaction volume assumptions.
因此，由於交易量假設降低，分析師將2024年的每股收益預期從3.60美元下調至3.40美元（從3.60美元）和2025年的4.30美元（從4.50美元）。
Price Action: WD shares are down 1.60% at $91.15 on the last check Thursday.
價格走勢：在週四的最後一次支票中，WD股價下跌1.60％，至91.15美元。
譯文內容由第三人軟體翻譯。