WD Stock Analysis: Walker & Dunlop | NYSE
Mortgage Finance | NYSE, USA | Market Cap: 1.304m USD | 12M Return: -57.4% | US93148P1021 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.0M
EPS Trend: -6.3%
Qual. Beats: 0
Rev. Trend: 95.0%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Walker & Dunlop is a U.S. commercial real estate finance company that originates, sells, and services loans primarily for the multifamily and affordable housing sectors. Founded in 1937 and headquartered in Bethesda, Maryland, the company operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate. Its lending products span first mortgages, second trust, supplemental, construction, mezzanine, preferred equity, and small-balance loans.
The company is a major participant in government-sponsored enterprise (GSE) lending, providing financing for multifamily, manufactured housing, student housing, affordable housing, and senior housing properties through programs with Fannie Mae and Freddie Mac. In addition to lending, Walker & Dunlop acts as a debt broker with institutional investors such as life insurance companies and banks, offers property sales brokerage and commercial real estate appraisal services, and provides real estate-related investment banking and advisory services. It also manages third-party capital invested in Low-Income Housing Tax Credit (LIHTC) equity funds and other commercial real estate sectors.
Walker & Dunlop listed on the NYSE in December 2010 and is classified within the Commercial & Residential Mortgage Finance sub-industry of the financials sector.
- Multifamily loan origination volume sensitive to interest rate environment
- Servicing portfolio growth drives recurring fee-based revenue expansion
- Capital Markets debt brokerage revenue volatile with credit spreads and rate volatility
| Net Income: 40.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.26 > 0.02 and ΔFCF/TA -21.76 > 1.0 |
| NWC/Revenue: -59.10% < 20% (prev 3.85%; Δ -62.95% < -1%) |
| CFO/TA -0.26 > 3% & CFO -1.26b > Net Income 40.4m |
| Net Debt (2.15b) to EBITDA (342.1m): 6.28 < 3 |
| Current Ratio: 0.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (33.3m) vs 12m ago -0.29% < -2% |
| Gross Margin: 49.40% > 18% (prev 54.38%; Δ -4.98% > 0.5%) |
| Asset Turnover: 26.40% > 50% (prev 25.46%; Δ 0.94% > 0%) |
| Interest Coverage Ratio: 17.55 > 6 (EBIT TTM 96.3m / Interest Expense TTM 5.49m) |
| A: -0.15 (Total Current Assets 637.7m - Total Current Liabilities 1.38b) / Total Assets 4.89b |
| B: 0.25 (Retained Earnings 1.24b / Total Assets 4.89b) |
| C: 0.02 (EBIT TTM 96.3m / Avg Total Assets 4.78b) |
| D: 0.54 (Book Value of Equity 1.71b / Total Liabilities 3.17b) |
| Altman-Z'' = 0.53 = B |
| DSRI: 0.29 (Receivables 476.9m/1.54b, Revenue 1.26b/1.19b) |
| GMI: 1.10 (GM 54.38% / 49.40%) |
| AQI: 1.57 (AQ_t 0.84 / AQ_t-1 0.54) |
| SGI: 1.06 (Revenue 1.26b / 1.19b) |
| TATA: 0.27 (NI 40.4m - CFO -1.26b) / TA 4.89b) |
| Beneish M = -3.11 (Cap -4..+1) = AA |
As of October 03, 2026, the stock is trading at USD 33.97 with a total of 522,908 shares traded. Over the past week, the price has changed by -10.56%, over one month by -15.22%, over three months by -36.69% and over the past year by -57.42%.
Current recommended Stop Loss: 32.10 (which is 5.5% or 1.3 ATR below the current price).
Walker & Dunlop has received a consensus analysts rating of 3.40. Therefore, it is recommended to hold WD.
- StrongBuy: 1
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 57 | 67.8% |
P/E Trailing = 33.9107
P/E Forward = 10.989
P/S = 1.088
P/B = 0.7701
P/EG = 1.0942
Revenue TTM = 1.26b USD
EBIT TTM = 96.3m USD
EBITDA TTM = 342.1m USD
Long Term Debt = 2.21b USD (from longTermDebt, last quarter)
Short Term Debt = 1.38b USD (from shortTermDebt, last quarter)
Debt = 2.31b USD (from shortLongTermDebtTotal, last quarter) + Leases 105.1m
Net Debt = 2.15b USD (calculated: Debt 2.31b - CCE 160.9m)
Enterprise Value = 3.45b USD (1.30b + Debt 2.31b - CCE 160.9m)
Interest Coverage Ratio = 17.55 (Ebit TTM 96.3m / Interest Expense TTM 5.49m)
EV/FCF = -2.70x (Enterprise Value 3.45b / FCF TTM -1.28b)
FCF Yield = -36.98% (FCF TTM -1.28b / Enterprise Value 3.45b)
FCF Margin = -101.1% (FCF TTM -1.28b / Revenue TTM 1.26b)
Net Margin = 3.20% (Net Income TTM 40.4m / Revenue TTM 1.26b)
Gross Margin = 49.40% ((Revenue TTM 1.26b - Cost of Revenue TTM 639.2m) / Revenue TTM)
Gross Margin QoQ = 41.91% (prev 48.72%)
Tobins Q-Ratio = 0.71 (Enterprise Value 3.45b / Total Assets 4.89b)
Interest Expense / Debt = 0.24% (Interest Expense 5.49m / Debt 2.31b)
Taxrate = 25.56% (14.2m / 55.4m)
NOPAT = 71.7m (EBIT 96.3m * (1 - 25.56%))
Current Ratio = 0.46 (Total Current Assets 637.7m / Total Current Liabilities 1.38b)
Debt / Equity = 1.35 (Debt 2.31b / totalStockholderEquity, last quarter 1.71b)
Debt / EBITDA = 6.28 (Net Debt 2.15b / EBITDA 342.1m)
Debt / FCF = -1.68 (negative FCF - burning cash) (Net Debt 2.15b / FCF TTM -1.28b)
Total Stockholder Equity = 1.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.84% (Net Income 40.4m / Total Assets 4.89b)
RoE = 2.33% (Net Income TTM 40.4m / Total Stockholder Equity 1.73b)
RoCE = 2.45% (EBIT 96.3m / Capital Employed (Equity 1.73b + L.T.Debt 2.21b))
RoIC = 1.48% (NOPAT 71.7m / Invested Capital 4.83b)
WACC = 3.17% (E(1.30b)/V(3.61b) * Re(8.48%) + D(2.31b)/V(3.61b) * Rd(0.24%) * (1-Tc(0.26)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 81.73 | Cagr: 0.30%
[DCF] Fair Price = unknown (Cash Flow -1.28b)
EPS Correlation: -6.30 | EPS CAGR: -0.95% | SUE: 0.15 | # QB: 0
Revenue Correlation: 94.97 | Revenue CAGR: 8.73% | SUE: -1.87 | # QB: -1
EPS current Quarter (2026-09-30): EPS=1.48 | Chg30d=+5.36% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=4.88 | Chg30d=+6.16% | Revisions=-17% | GrowthEPS=+39.5% | GrowthRev=+6.1%
EPS next Year (2027-12-31): EPS=5.67 | Chg30d=-2.66% | Revisions=+0% | GrowthEPS=+16.1% | GrowthRev=+12.0%
[Analyst] Revisions Ratio: -8% (up=4, down=5)