Symbols / WD $47.50 -4.85%
WD Chart
About
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 operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, and small-balance loans. It also provides finance for multifamily, manufactured housing communities, student housing, affordable housing, small balance loans, and senior housing properties under the Fannie Mae's Delegated Underwriting and Servicing program and Freddie Mac; 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 a debt broker to work with life insurance companies, banks, and other institutional investors to find debt and/or equity solution for the borrowers' needs; and offers property sales brokerage services to owners and developers of multifamily properties, and commercial real estate and multifamily property appraisals for various investors. Further, it provides multifamily appraisal and valuation services; and real estate-related investment banking and advisory services, including housing market research. Additionally, the company offers servicing and asset-managing the portfolio of loans; originates loans through its principal lending and investing activities; and manages third-party capital invested in tax credit equity funds focused on the LIHTC sector and other commercial real estate sectors. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Mortgage Finance | Market Cap | 1.62B |
| Enterprise Value | 3.78B | Income | 55.73M | Sales | 1.16B |
| Book/sh | 51.96 | Cash/sh | 9.59 | Dividend Yield | 5.73% |
| Payout | 163.41% | Employees | 1466 | IPO | — |
| P/E | 28.96 | Forward P/E | 8.02 | PEG | — |
| P/S | 1.39 | P/B | 0.91 | P/C | — |
| EV/EBITDA | — | EV/Sales | 3.25 | Quick Ratio | 0.51 |
| Current Ratio | 1.48 | Debt/Eq | 141.57 | LT Debt/Eq | — |
| EPS (ttm) | 1.64 | EPS next Y | 5.92 | EPS Growth | — |
| Revenue Growth | -0.00% | Earnings | 2026-04-30 | ROA | 1.21% |
| ROE | 3.25% | ROIC | — | Gross Margin | 100.00% |
| Oper. Margin | 15.83% | Profit Margin | 4.92% | Shs Outstand | 34.06M |
| Shs Float | 32.70M | Short Float | 4.02% | Short Ratio | 2.83 |
| Short Interest | — | 52W High | 90.00 | 52W Low | 42.12 |
| Beta | 1.56 | Avg Volume | 324.36K | Volume | 751.74K |
| Target Price | $65.00 | Recom | Buy | Prev Close | $49.92 |
| Price | $47.50 | Change | -4.85% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$65.00
Mean price target
2. Current target
$47.50
Latest analyst target
3. DCF / Fair value
$24.60
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$47.50
Low
$60.00
High
$70.00
Mean
$65.00
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-27 | main | Keefe, Bruyette & Woods | Outperform → Outperform | $65 |
| 2026-01-08 | main | Keefe, Bruyette & Woods | Outperform → Outperform | $80 |
| 2025-12-19 | init | Jefferies | — → Buy | $75 |
| 2025-10-10 | up | JMP Securities | Market Perform → Market Outperform | $95 |
| 2025-10-09 | main | Keefe, Bruyette & Woods | Outperform → Outperform | $97 |
| 2025-04-17 | main | Keefe, Bruyette & Woods | Outperform → Outperform | $95 |
| 2025-03-06 | up | Keefe, Bruyette & Woods | Market Perform → Outperform | $105 |
| 2025-02-14 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $105 |
| 2024-09-25 | main | Wedbush | Neutral → Neutral | $110 |
| 2024-08-09 | main | Wedbush | Neutral → Neutral | $105 |
| 2024-07-25 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $112 |
| 2024-05-03 | reit | Wedbush | Neutral → Neutral | $95 |
| 2024-04-11 | down | Wedbush | Outperform → Neutral | $95 |
| 2024-04-10 | reit | Wedbush | Outperform → Outperform | $130 |
| 2024-03-26 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $105 |
| 2024-02-16 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $105 |
| 2024-02-16 | reit | Wedbush | Outperform → Outperform | $130 |
| 2024-01-02 | main | Wedbush | Outperform → Outperform | $130 |
| 2023-12-13 | down | Keefe, Bruyette & Woods | Outperform → Market Perform | $105 |
| 2023-11-10 | main | Wedbush | Outperform → Outperform | $90 |
News
RSS: Latest WD news- Why Walker & Dunlop (WD) Stock Is Down Today - Yahoo Finance UK ue, 10 Mar 2026 23
- What Drove WDC Stock’s Historic 490% Jump - Forbes Fri, 06 Mar 2026 19
- SanDisk (SNDK) Stock Soars 11.6% Today: Micron Technology (MU) and Western Digital (WDC) Also See Strong Gains - 24/7 Wall St. Mon, 09 Mar 2026 20
- Insider Purchase: Director at $WD Buys 5,000 Shares - Quiver Quantitative Fri, 06 Mar 2026 21
- Why Western Digital Stock Jumped 490%? - Trefis Fri, 06 Mar 2026 06
- Western Digital, Seagate Stocks Rebound. How AI Video Could Boost Storage Demand. - Investor's Business Daily Wed, 04 Mar 2026 21
- Western Digital: Autocatalytic Phase Shift, The $454 FY28 Coordinate (NASDAQ:WDC) - Seeking Alpha Fri, 06 Mar 2026 15
- Ernest Michael Freedman Acquires 5,000 Shares of Walker & Dunlop (NYSE:WD) Stock - MarketBeat Fri, 06 Mar 2026 23
- Walker & Dunlop Hosts Virtual Investor Day on Strategy - TipRanks ue, 10 Mar 2026 11
- Western Digital Is Dumping Sandisk Stock. What’s Behind the Move. - Barron's Wed, 18 Feb 2026 08
- Why Western Digital Stock Popped Today - The Motley Fool ue, 06 Jan 2026 08
- Why Walker & Dunlop (WD) Shares Are Falling Today - Yahoo Finance hu, 26 Feb 2026 08
- Why Walker & Dunlop (WD) Stock Is Trading Lower Today - Finviz Fri, 27 Feb 2026 18
- $WD stock is down 16% today. Here's what we see in our data. - Quiver Quantitative hu, 26 Feb 2026 08
- Walker & Dunlop, Inc. $WD Shares Sold by Victory Capital Management Inc. - MarketBeat Fri, 06 Mar 2026 13
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 5000 | 246044.0 | — | Purchase at price 49.21 per share. | FREEDMAN ERNEST MICHAEL | Director | — | 2026-03-05 00:00:00 | D |
| 1 | 500 | 23480.0 | — | Purchase at price 46.96 per share. | WELLS DONNA C | Director | — | 2026-03-03 00:00:00 | D |
| 2 | 10000 | 474632.0 | — | Purchase at price 47.46 per share. | WALKER WILLIAM M | Chief Executive Officer | — | 2026-03-02 00:00:00 | D |
| 3 | 16973 | — | — | Stock Award(Grant) at price 0.00 per share. | THEOBALD STEPHEN PATRICK | Chief Operating Officer | — | 2026-02-13 00:00:00 | D |
| 4 | 48496 | — | — | Stock Award(Grant) at price 0.00 per share. | WALKER WILLIAM M | Chief Executive Officer | — | 2026-02-13 00:00:00 | D |
| 5 | 8082 | — | — | Stock Award(Grant) at price 0.00 per share. | PRYOR PAULA A. | Officer | — | 2026-02-13 00:00:00 | D |
| 6 | 12124 | — | — | Stock Award(Grant) at price 0.00 per share. | FLORKOWSKI GREGORY A, | Chief Financial Officer | — | 2026-02-13 00:00:00 | D |
| 7 | 8082 | — | — | Stock Award(Grant) at price 0.00 per share. | GROMAN DANIEL J J.D. | General Counsel | — | 2026-02-13 00:00:00 | D |
| 8 | 7829 | nan | — | — | WALKER WILLIAM M | Chief Executive Officer | — | 2026-01-30 00:00:00 | D |
| 9 | 1097 | — | — | Stock Award(Grant) at price 0.00 per share. | FREEDMAN ERNEST MICHAEL | Director | — | 2025-09-11 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -7.94M | 3.75M | 280.57K | 2.86M |
| TaxRateForCalcs | 0.28 | 0.23 | 0.25 | 0.21 |
| NormalizedEBITDA | 374.69M | 336.77M | 362.74M | 472.97M |
| TotalUnusualItems | -28.50M | 16.14M | 1.11M | 13.51M |
| TotalUnusualItemsExcludingGoodwill | -28.50M | 16.14M | 1.11M | 13.51M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 56.25M | 108.17M | 107.36M | 213.82M |
| ReconciledDepreciation | 238.68M | 237.55M | 226.75M | 235.03M |
| ReconciledCostOfRevenue | 712.52M | 628.93M | 582.77M | 641.60M |
| EBITDA | 346.18M | 352.91M | 363.84M | 486.48M |
| EBIT | 107.50M | 115.36M | 137.09M | 251.45M |
| NetInterestIncome | -7.98M | |||
| InterestExpense | 7.98M | |||
| NormalizedIncome | 76.81M | 95.78M | 106.53M | 203.17M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 56.25M | 108.17M | 107.36M | 213.82M |
| TotalExpenses | 1.13B | 1.02B | 917.35M | 1.01B |
| RentExpenseSupplemental | 20.61M | 19.88M | 18.17M | 18.83M |
| TotalOperatingIncomeAsReported | 79.00M | 131.50M | 138.20M | 264.96M |
| DilutedAverageShares | 33.16M | 32.88M | 32.69M | 31.53M |
| BasicAverageShares | 33.12M | 32.70M | 32.33M | 31.08M |
| DilutedEPS | 3.19 | 3.18 | 6.36 | 8.15 |
| BasicEPS | 3.19 | 3.20 | 6.43 | 8.27 |
| DilutedNIAvailtoComStockholders | 54.89M | 105.73M | 104.61M | 207.76M |
| AverageDilutionEarnings | -1.00K | 1.00K | 3.00K | 41.00K |
| NetIncomeCommonStockholders | 54.89M | 105.73M | 104.61M | 207.72M |
| OtherunderPreferredStockDividend | 2.19M | 2.44M | 2.75M | 6.10M |
| NetIncome | 56.25M | 108.17M | 107.36M | 213.82M |
| MinorityInterests | 99.00K | 7.21M | 4.19M | 4.89M |
| NetIncomeIncludingNoncontrollingInterests | 56.98M | 100.96M | 103.17M | 208.93M |
| NetIncomeContinuousOperations | 56.98M | 100.96M | 103.17M | 208.93M |
| TaxProvision | 22.01M | 30.54M | 35.03M | 56.03M |
| PretaxIncome | 79.00M | 131.50M | 138.20M | 264.96M |
| OtherIncomeExpense | -28.50M | 16.14M | 1.11M | 13.51M |
| SpecialIncomeCharges | -28.50M | 16.14M | 1.11M | 13.51M |
| WriteOff | 36.75M | 1.18M | -607.00K | |
| ImpairmentOfCapitalAssets | 0.00 | 33.00M | 62.00M | 0.00 |
| RestructuringAndMergernAcquisition | -8.24M | -50.32M | -62.50M | -13.51M |
| NetNonOperatingInterestIncomeExpense | -7.98M | |||
| InterestExpenseNonOperating | 7.98M | |||
| OperatingIncome | 107.50M | 115.36M | 137.09M | 251.45M |
| OperatingExpense | 414.28M | 388.20M | 334.58M | 365.70M |
| OtherOperatingExpenses | 58.85M | 32.84M | 21.03M | 33.66M |
| ProvisionForDoubtfulAccounts | 9.59M | 10.84M | -10.45M | -11.98M |
| DepreciationAmortizationDepletionIncomeStatement | 238.68M | 237.55M | 226.75M | 235.03M |
| DepreciationAndAmortizationInIncomeStatement | 238.68M | 237.55M | 226.75M | 235.03M |
| SellingGeneralAndAdministration | 107.17M | 106.97M | 97.25M | 108.99M |
| SellingAndMarketingExpense | 13.30M | 12.54M | 12.14M | 14.84M |
| GeneralAndAdministrativeExpense | 93.87M | 94.42M | 85.11M | 94.15M |
| OtherGandA | 73.26M | 74.55M | 66.94M | 75.31M |
| RentAndLandingFees | 20.61M | 19.88M | 18.17M | 18.83M |
| GrossProfit | 521.78M | 503.56M | 471.67M | 617.15M |
| CostOfRevenue | 712.52M | 628.93M | 582.77M | 641.60M |
| TotalRevenue | 1.23B | 1.13B | 1.05B | 1.26B |
| OperatingRevenue | 1.12B | 1.01B | 936.47M | 1.10B |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 33.39M | 33.19M | 32.87M | 32.40M |
| ShareIssued | 33.39M | 33.19M | 32.87M | 32.40M |
| NetDebt | 2.07B | 1.37B | 1.04B | 1.02B |
| TotalDebt | 2.47B | 1.75B | 1.47B | 1.32B |
| TangibleBookValue | -84.73M | -130.14M | -267.35M | -444.15M |
| InvestedCapital | 4.10B | 3.39B | 3.09B | 2.93B |
| WorkingCapital | 2.42B | 1.61B | 1.38B | 1.10B |
| NetTangibleAssets | -84.73M | -130.14M | -267.35M | -444.15M |
| CapitalLeaseObligations | 105.12M | 107.50M | 101.36M | 79.62M |
| CommonStockEquity | 1.73B | 1.75B | 1.72B | 1.69B |
| TotalCapitalization | 3.98B | 3.30B | 3.09B | 2.93B |
| TotalEquityGrossMinorityInterest | 1.75B | 1.76B | 1.75B | 1.72B |
| MinorityInterest | 11.86M | 12.00M | 22.38M | 27.40M |
| StockholdersEquity | 1.73B | 1.75B | 1.72B | 1.69B |
| GainsLossesNotAffectingRetainedEarnings | 1.88M | 586.00K | -479.00K | -1.57M |
| RetainedEarnings | 1.28B | 1.32B | 1.30B | 1.28B |
| AdditionalPaidInCapital | 450.43M | 429.00M | 425.49M | 412.64M |
| CapitalStock | 334.00K | 332.00K | 329.00K | 323.00K |
| CommonStock | 334.00K | 332.00K | 329.00K | 323.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 3.31B | 2.62B | 2.31B | 2.33B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 3.19B | 2.50B | 2.19B | 2.13B |
| OtherNonCurrentLiabilities | 383.72M | 414.52M | 293.21M | 401.43M |
| DerivativeProductLiabilities | 915.00K | 28.25M | 2.08M | 6.40M |
| NonCurrentAccruedExpenses | 172.52M | 155.25M | 123.35M | 115.88M |
| NonCurrentDeferredLiabilities | 237.00M | 241.39M | 245.37M | 243.49M |
| NonCurrentDeferredTaxesLiabilities | 237.00M | 241.39M | 245.37M | 243.49M |
| LongTermDebtAndCapitalLeaseObligation | 2.35B | 1.66B | 1.47B | 1.32B |
| LongTermCapitalLeaseObligation | 105.12M | 107.50M | 101.36M | 79.62M |
| LongTermDebt | 2.25B | 1.55B | 1.37B | 1.24B |
| LongTermProvisions | 37.55M | 28.16M | 31.60M | 44.06M |
| CurrentLiabilities | 128.22M | 125.56M | 113.55M | 200.35M |
| OtherCurrentLiabilities | 9.66M | 30.54M | 113.55M | 200.35M |
| CurrentDeferredLiabilities | 15.72M | |||
| CurrentDeferredRevenue | 15.72M | |||
| CurrentDebtAndCapitalLeaseObligation | 118.56M | 95.02M | ||
| CurrentDebt | 118.56M | 95.02M | ||
| OtherCurrentBorrowings | 118.56M | 95.02M | ||
| TotalAssets | 5.06B | 4.38B | 4.05B | 4.05B |
| TotalNonCurrentAssets | 2.51B | 2.64B | 2.56B | 2.75B |
| OtherNonCurrentAssets | 297.64M | 398.78M | 202.62M | 302.20M |
| FinancialAssets | 27.22M | 30.18M | 31.45M | 17.64M |
| InvestmentsAndAdvances | 232.71M | 207.24M | 215.38M | 198.85M |
| LongTermEquityInvestment | 232.71M | 207.24M | 215.38M | 198.85M |
| GoodwillAndOtherIntangibleAssets | 1.82B | 1.88B | 1.99B | 2.13B |
| OtherIntangibleAssets | 950.02M | 1.01B | 1.09B | 1.17B |
| Goodwill | 868.71M | 868.71M | 901.71M | 959.71M |
| NetPPE | 130.74M | 128.48M | 119.19M | 94.76M |
| GrossPPE | 130.74M | 128.48M | 119.19M | 94.76M |
| OtherProperties | 76.33M | 80.02M | 76.46M | 60.83M |
| Properties | 54.41M | 48.46M | 42.73M | 33.93M |
| CurrentAssets | 2.55B | 1.74B | 1.49B | 1.30B |
| RestrictedCash | 247.73M | 232.06M | 205.50M | 174.96M |
| PrepaidAssets | 71.93M | 78.49M | 89.80M | 98.59M |
| Receivables | 1.93B | 1.15B | 868.62M | 798.84M |
| LoansReceivable | 1.51B | 813.62M | 635.05M | 596.59M |
| AccountsReceivable | 419.36M | 335.88M | 233.56M | 202.25M |
| CashCashEquivalentsAndShortTermInvestments | 299.31M | 279.27M | 328.70M | 225.95M |
| CashAndCashEquivalents | 299.31M | 279.27M | 328.70M | 225.95M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -680.08M | 116.40M | -16.72M | 1.56B |
| RepurchaseOfCapitalStock | -10.45M | -12.38M | -20.51M | -42.37M |
| RepaymentOfDebt | -331.86M | -33.60M | -241.88M | -1.47B |
| IssuanceOfDebt | 1.22B | 33.70M | 385.74M | 36.46M |
| IssuanceOfCapitalStock | 3.38M | 486.00K | 5.25M | |
| CapitalExpenditure | -15.77M | -12.96M | -16.20M | -22.00M |
| InterestPaidSupplementalData | 107.15M | 105.41M | 114.09M | 76.66M |
| IncomeTaxPaidSupplementalData | 22.62M | 32.34M | 30.90M | 58.52M |
| EndCashPosition | 344.38M | 327.90M | 391.40M | 258.28M |
| BeginningCashPosition | 327.90M | 391.40M | 258.28M | 393.18M |
| ChangesInCash | 16.48M | -63.51M | 133.12M | -134.90M |
| FinancingCashFlow | 758.13M | -154.73M | 6.77M | -1.58B |
| CashFlowFromContinuingFinancingActivities | 758.13M | -154.73M | 6.77M | -1.58B |
| NetOtherFinancingCharges | -31.18M | -53.81M | -31.74M | -26.58M |
| CashDividendsPaid | -91.80M | -88.63M | -84.84M | -80.14M |
| NetCommonStockIssuance | -10.45M | -12.38M | -20.51M | -42.37M |
| CommonStockPayments | -10.45M | -12.38M | -20.51M | -42.37M |
| CommonStockIssuance | 3.38M | 486.00K | 5.25M | |
| NetIssuancePaymentsOfDebt | 891.57M | 101.00K | 143.85M | -1.43B |
| NetLongTermDebtIssuance | 891.57M | 101.00K | 143.85M | -1.43B |
| LongTermDebtPayments | -331.86M | -33.60M | -241.88M | -1.47B |
| LongTermDebtIssuance | 1.22B | 33.70M | 385.74M | 36.46M |
| InvestingCashFlow | -77.34M | -38.13M | 126.87M | -133.78M |
| CashFlowFromContinuingInvestingActivities | -77.34M | -38.13M | 126.87M | -133.78M |
| NetOtherInvestingChanges | -35.02M | -5.77M | 167.75M | 20.95M |
| DividendsReceivedCFI | 18.32M | 8.96M | 7.53M | 47.06M |
| NetBusinessPurchaseAndSale | -26.55M | -19.41M | -24.68M | -140.26M |
| PurchaseOfBusiness | -26.55M | -19.41M | -24.68M | -140.26M |
| CapitalExpenditureReported | -15.77M | -12.96M | -16.20M | -22.00M |
| OperatingCashFlow | -664.31M | 129.36M | -518.00K | 1.58B |
| CashFlowFromContinuingOperatingActivities | -664.31M | 129.36M | -518.00K | 1.58B |
| ChangeInWorkingCapital | -17.10M | -59.02M | -28.27M | -41.08M |
| ChangeInOtherCurrentLiabilities | 37.17M | 53.36M | 16.73M | -16.37M |
| ChangeInOtherCurrentAssets | 29.20M | -43.58M | -9.69M | -69.55M |
| ChangeInPrepaidAssets | 1.25M | |||
| ChangeInReceivables | -83.48M | -68.80M | -35.31M | 44.84M |
| OtherNonCashItems | -991.99M | -219.51M | -387.73M | 1.18B |
| StockBasedCompensation | 26.75M | 27.33M | 27.84M | 33.99M |
| UnrealizedGainLossOnInvestmentSecurities | -39.64M | 0.00 | ||
| ProvisionandWriteOffofAssets | 9.59M | 10.84M | -10.45M | -11.98M |
| AssetImpairmentCharge | 18.61M | 33.72M | 66.97M | 0.00 |
| DeferredTax | -5.83M | -2.50M | 1.20M | 18.44M |
| DeferredIncomeTax | -5.83M | -2.50M | 1.20M | 18.44M |
| DepreciationAmortizationDepletion | 238.68M | 237.55M | 226.75M | 235.03M |
| DepreciationAndAmortization | 238.68M | 237.55M | 226.75M | 235.03M |
| OperatingGainsLosses | -39.64M | -287.14M | ||
| EarningsLossesFromEquityInvestments | 0.00 | 0.00 | -39.64M | 0.00 |
| GainLossOnSaleOfPPE | -191.76M | -287.14M | ||
| NetIncomeFromContinuingOperations | 56.98M | 100.96M | 103.17M | 208.93M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for WD
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|