Walker & Dunlop (WD) stock surged 4.8% due to increased trading volume and positive earnings forecast.

From Nasdaq: 2024-07-12 15:19:00

Walker & Dunlop (WD) shares surged 4.8% to $100.15 due to higher trading volume. The company arranged a $148 million loan to refinance The Victoria project in Harlem. WD is expected to post quarterly earnings of $1.16 per share, a growth of 18.4%. Keep an eye on their performance for potential gains.

In comparison, Onity Group (ONIT) in the same industry closed 8.1% higher at $25.47. The consensus EPS estimate for ONIT is $1.44, a 50.3% decrease from a year ago. Both WD and ONIT hold a Zacks Rank of #3 (Hold). Analysts recommend monitoring these stocks closely for future earnings potential.



Read more at Nasdaq: Walker & Dunlop (WD) Surges 4.8%: Is This an Indication of Further Gains?