WD

Walker & Dunlop, Inc.

Fundamental data last updated:November 3, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Financial Services

industry

Financial - Mortgages

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans. It also provides multifamily finance for manufactured housing communities, student housing, affordable housing, and senior housing properties under the Fannie Mae's DUS program; and construction and permanent loans to developers and owners of multifamily housing, affordable housing, senior housing, and healthcare facilities. In addition, the company acts as an intermediary in the placement of commercial real estate debt between institutional sources of capital, including life insurance companies, investment banks, commercial banks, pension funds, CMBS conduits, and other institutional investors, as well as owners of various types of commercial real estate. Further, it advises on capital structure; develops the financing package; facilitates negotiations between its client and institutional sources of capital; coordinates due diligence; and assists in closing the transaction. Additionally, the company offers property sales brokerage, underwriting and risk management, and servicing and asset management services. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.

 


Analyze WD on TradingView

VALUATION

P/E

23.84

Market Cap ($M USD)

$1.74B

Forward P/E

7.06

PEG

0.03

PRICE TO SALES

1.37

PRICE TO BOOK

0.99

EV / EBITDA

12.77

5-Year Average P/E

Free Cash Flow Yield

-88.35%

DCF Value

$155.46

Graham Number

$49.71

Price to FCF

-1.13

EV to FCF

-3.19

Earnings Yield

4.20%

FCF Yield

-88.35%

DIVIDEND

Yield

5.31%

Annual Payout

$2.70

Payout Ratio

129.90%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$2.13

Next Year EPS Growth Estimate

$7.20

Next Year Revenue Growth Estimate

$1.78B

Return on Equity (ROE)

4.08%

FREE CASH FLOW

Operating Margin

15.57%

Debt-to-Equity

1.30

Piotroski F-Score

4

Altman Z-Score

0.27

Return on Invested Capital (ROIC)

7.08%

Current Ratio

0.18

Quick Ratio

0.18

Net Debt to EBITDA

8.24

Interest Coverage

4.25

Gross Profit margin

49.86%

FCF PER SHARE

$-46.15

REVENUE PER SHARE

$38.20

Analyze WD on TradingView

Gainseekers Quantitative Analysis

Summary

Walker & Dunlop, Inc. presents a fascinating valuation puzzle. Recent pricing indicated the stock traded significantly below its DCF value, suggesting a potential deep value opportunity. However, the Altman Z-score of 0.29 raises red flags about financial distress, while the Forward P/E of 7.58 hints at market skepticism regarding future growth. The earnings yield of 3.90% is modest, reflecting limited immediate returns. Overall, the market seems to be pricing in substantial risk, despite the apparent undervaluation relative to intrinsic metrics.

AI Exposure / Tech Reliance

Operating in the financial services sector, Walker & Dunlop is well-positioned to leverage AI and technological advancements in mortgage processing and underwriting. The industry’s shift towards digital solutions could enhance efficiency and customer experience. However, the company must innovate to stay competitive in this rapidly evolving landscape.

The Bull Case

For the value-driven investor, Walker & Dunlop offers compelling reasons to buy. The ROIC of 7.08% indicates efficient capital use, while the operating margin of 15.57% showcases robust pricing power. Despite a negative FCF yield, the Piotroski F-Score of 4 suggests some financial stability. These metrics paint a picture of a company with potential for capital appreciation, especially if management can convert sales growth into sustainable cash flow.

The Bear Case

Despite some strengths, Walker & Dunlop faces significant structural risks. The net debt to EBITDA ratio of 8.24 is alarmingly high, indicating potential liquidity issues. The current ratio of 0.18 underscores a precarious short-term financial position. Additionally, the payout ratio of 129.90% suggests that dividends may not be sustainable without improved earnings. These factors, combined with a weak Altman Z-score, highlight the company's vulnerability in a volatile market.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$72.00

Institutional Ownership %

1-Year Beta

1.51

Insider Buying % (6 Mo)

Distance to 52-Week High

77.13%

Distance to 52-Week Low

17.10%

EARNINGS SURPRISE %

1,600.00%

50-DAY SMA

$48.85

200-DAY SMA

$64.76

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.