WD
Bargain BinWalker & Dunlop, Inc. · Financial Services · United States · $1.2B cap · $23.0M/day traded
$38.61 -2.1% · close 12 Nov · scored 13 Nov
Bargain Bin: Looks like a bargain; the quality and the trend say why it is in the bin.
Around its 5 Nov results, analysts cut next year's EPS estimate 4.0%.
As of 13 Nov 2026, the MoatMap Score for Walker & Dunlop, Inc. (WD) is 37/100, ranked against 25,000+ stocks in 38 markets (Quality 43, Value 63, Momentum 23, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT WALKER & DUNLOP, INC.
Read
Walker & Dunlop, Inc. is a leading provider of commercial real estate financing services, including loan origination, servicing, and investment sales, primarily for multifamily properties. Its deep expertise in multifamily financing, strong relationships with government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac, and expanding brokerage services provide a competitive advantage. Walker & Dunlop is a niche leader in the U.S. multifamily real estate finance sector.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.1B | 1.1B | 1.2B | -0.7% | 1.2B | 1.2B | 1.4B | 5.0% |
| EPS | 6.43 | 3.20 | 3.19 | 1.65 | -36.5% | -1.04 | 2.00 | 2.37 | 19.9% |
| Shares | 32.4M | 32.9M | 33.2M | 33.4M | +3.1% | 34.5M | — | — | — |
| Debt | 1.3B | 1.5B | 1.8B | 2.5B | 23.2% | 1.7B | — | — | — |
| Equity | 1.7B | 1.7B | 1.7B | 1.7B | 0.9% | — | — | — | — |
| Op CF | 1.6B | -0.5M | 129.4M | -664.3M | -71.4% | 1.6B | — | — | — |
| Inv CF | -133.8M | 126.9M | -38.1M | -77.3M | — | — | — | — | — |
| Fin CF | -1.6B | 6.8M | -154.7M | 758.1M | — | — | — | — | — |
No new 52-week low for 4 weeks, 23% above that low, but not back above a rising 50-day average.
Swung more than 55% of stocks we rank over the past year (volatility 45% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor (this stock): It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of WD are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| WD | Walker & Dunlop, Inc.(you) | $1.2B | 37 |
| VEL | Velocity Financial, Inc. | $604M | 34 |
| UWMC | UWM Holdings Corporation | $2.3B | 20 |
| ONIT | Onity Group Inc. | $215M | 27 |
| PFSI | PennyMac Financial Services, Inc. | $3.3B | 12 |
| LDI | loanDepot, Inc. | $273M | 11 |
| BETR | Better Home & Finance Holding Company | $318M | 3 |
| IOR | Income Opportunity Realty Investors, Inc. | $74M | 19 |
| BLNE | Beeline Holdings, Inc. | $63M | 16 |
| RKT | Rocket Companies, Inc. | $33.2B | 13 |
Peer medians: ROE 9.6% · P/E 12.8x · Gross margin 71.1%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.