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Walker & Dunlop, Inc. (WD)

Financial Services | Mortgage Finance | Bethesda, United States | NYSE
48.86 USD -1.37 (-2.727%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★☆☆☆☆
Hot Take | July 11, 2026, 6:36 a.m. EDT

Walker & Dunlop presents a classic value dislocation where the market has punished the stock severely despite a resilient underlying business. The fundamentals tell a story of a company that has recovered from a multi-year slump; while the most recent year saw a significant drop (-24%), the nine-year trajectory remains massively positive (+223%), driven by a massive spike in 2021 and steady growth since. The balance sheet is fragile, with debt-to-equity exceeding 200% and negative operating cash flow, which explains the high risk rating and the defensive positioning seen in the options chain. However, the payout ratio of 133% is a critical red flag; the company is paying out more in dividends than it earns, eroding capital rather than returning free cash flow. This makes the 5.4% yield dangerous rather than attractive. While the forward P/E suggests earnings are expected to rebound sharply, the lack of recent price momentum and the precarious dividend structure prevent a strong buy recommendation. The stock is likely trading at a discount due to these balance sheet concerns, but until the payout ratio normalizes and operating cash flow turns positive, it remains a speculative hold rather than a core investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.029512
AutoETS0.029513
MSTL0.031550
AutoTheta0.042643

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 48%
H-stat 0.93
Ljung-Box p 0.000
Jarque-Bera p 0.585
Excess Kurtosis -0.76
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-05-20
Last Dividend Date 2026-05-20
Debt to Equity Ratio 201.539
Revenue per Share 36.801
Market Cap 1,677,424,384
Trailing P/E 24.19
Forward P/E 8.39
Beta 1.47
Profit Margins 5.72%
Website https://www.walkerdunlop.com

As of July 11, 2026, 6:36 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume at strikes significantly below the current price (e.g., $35 and $45), suggesting a fear of a sharp downside move. Conversely, call interest is concentrated in the money and slightly out-of-the-money ($50-$60 range), indicating a belief that the stock will recover from its recent dip rather than crash further. Implied volatility is elevated on the downside strikes, reflecting heightened uncertainty about near-term support levels.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.35% 4.76% 3.50% 3.05%
Dividend History
Date Dividend Yield %
2026-05-21 0.68 1.345735
2026-03-13 0.68 1.510775
2025-11-21 0.67 1.085196
2025-08-21 0.67 0.814689
2025-05-15 0.67 0.913304
2025-02-28 0.67 0.782071
2024-11-22 0.65 0.599134
2024-08-22 0.65 0.632480
2024-05-15 0.65 0.635386
2024-02-29 0.65 0.681485
2023-11-22 0.63 0.763174
2023-08-16 0.63 0.748663
2023-05-17 0.63 0.874878
2023-03-07 0.63 0.737878
2022-11-23 0.60 0.714116
2022-08-17 0.60 0.535236
2022-05-18 0.60 0.583601
2022-02-18 0.60 0.436364
2021-11-18 0.50 0.331257
2021-08-18 0.50 0.510882
2021-05-19 0.50 0.506740
2021-02-19 0.50 0.487900
2020-11-12 0.36 0.478978
2020-08-20 0.36 0.668896
2020-05-19 0.36 0.936037
2020-02-20 0.36 0.480448
2019-11-21 0.30 0.465116
2019-08-22 0.30 0.530973
2019-05-16 0.30 0.558243
2019-02-25 0.30 0.526685
2018-11-15 0.25 0.535103
2018-08-16 0.25 0.463392
2018-05-17 0.25 0.456121
2018-02-22 0.25 0.512400
Additional Data
dividendRate 2.72
dividendYield 5.57
exDividendDate 2026-05-21
trailingAnnualDividendRate 2.69
trailingAnnualDividendYield 0.053553656
lastDividendValue 0.68
lastDividendDate 2026-05-21
dividendDate 2026-06-04

Info Dump

Attribute Value
52 Week Change -0.3343324
Address1 7,272 Wisconsin Avenue
Address2 Suite 1300
All Time High 156.77
All Time Low 9.0
Ask 55.0
Ask Size 200
Audit Risk 3
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 256,520
Average Daily Volume3 Month 316,411
Average Volume 316,411
Average Volume10Days 256,520
Beta 1.468
Bid 45.7
Bid Size 300
Board Risk 4
Book Value 51.737
City Bethesda
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 48.86
Current Ratio 1.321
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 50.865
Day Low 48.61
Debt To Equity 201.539
Display Name Walker & Dunlop
Dividend Date 1,780,531,200
Dividend Rate 2.72
Dividend Yield 5.57
Earnings Call Timestamp End 1,778,157,000
Earnings Call Timestamp Start 1,778,157,000
Earnings Growth 4.711
Earnings Quarterly Growth 4.763
Earnings Timestamp 1,778,157,000
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda Margins 0.0
Enterprise To Revenue 4.028
Enterprise Value 4,947,951,616
Eps Current Year 4.6
Eps Forward 5.825
Eps Trailing Twelve Months 2.02
Esg Populated 0
Ex Dividend Date 1,779,321,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 51.6954
Fifty Day Average Change -2.8353996
Fifty Day Average Change Percent -0.054848198
Fifty Two Week Change Percent -33.43324
Fifty Two Week High 90.0
Fifty Two Week High Change -41.14
Fifty Two Week High Change Percent -0.4571111
Fifty Two Week Low 42.12
Fifty Two Week Low Change 6.7400017
Fifty Two Week Low Change Percent 0.16001904
Fifty Two Week Range 42.12 - 90.0
Financial Currency USD
First Trade Date Milliseconds 1,292,423,400,000
Five Year Avg Dividend Yield 2.87
Float Shares 32,941,169
Forward Eps 5.825
Forward P E 8.387983
Full Exchange Name NYSE
Full Time Employees 1,466
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 1.0
Gross Profits 1,228,390,016
Has Pre Post Market Data 1
Held Percent Insiders 0.04027
Held Percent Institutions 0.85166
Implied Shares Outstanding 34,331,241
Industry Mortgage Finance
Industry Disp Mortgage Finance
Industry Key mortgage-finance
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,779,321,600
Last Dividend Value 0.68
Last Fiscal Year End 1,767,139,200
Long 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 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.
Long Name Walker & Dunlop, Inc.
Market us_market
Market Cap 1,677,424,384
Market State PRE
Max Age 86,400
Message Board Id finmb_49410774
Most Recent Quarter 1,774,915,200
Net Income To Common 68,314,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,677,424,435
Number Of Analyst Opinions 3
Open 50.45
Operating Cashflow -1,527,113,984
Operating Margins 0.09192
Overall Risk 6
Payout Ratio 1.3317
Peg Ratio 1.09
Phone 301 215 5500
Previous Close 50.23
Price Eps Current Year 10.621739
Price Hint 2
Price To Book 0.94439185
Price To Sales Trailing12 Months 1.3655471
Profit Margins 0.057150003
Quick Ratio 0.301
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -1.37
Regular Market Change Percent -2.72745
Regular Market Day High 50.865
Regular Market Day Low 48.61
Regular Market Day Range 48.61 - 50.865
Regular Market Open 50.45
Regular Market Previous Close 50.23
Regular Market Price 48.86
Regular Market Time 1,783,972,803
Regular Market Volume 160,276
Return On Assets 0.01352
Return On Equity 0.04152
Revenue Growth 0.32
Revenue Per Share 36.801
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 6
Shares Outstanding 34,331,241
Shares Percent Shares Out 0.0372
Shares Short 1,278,095
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,264,252
Short Name Walker & Dunlop, Inc
Short Percent Of Float 0.045700002
Short Ratio 3.4
Source Interval 15
State MD
Symbol WD
Target High Price 70.0
Target Low Price 63.0
Target Mean Price 67.33333
Target Median Price 69.0
Total Cash 235,043,008
Total Cash Per Share 6.846
Total Debt 3,492,731,904
Total Revenue 1,228,390,016
Tradeable 0
Trailing Annual Dividend Rate 2.69
Trailing Annual Dividend Yield 0.053553656
Trailing Eps 2.02
Trailing P E 24.18812
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 59.73895
Two Hundred Day Average Change -10.878948
Two Hundred Day Average Change Percent -0.18210813
Type Disp Equity
Volume 160,276
Website https://www.walkerdunlop.com
Zip 20,814