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Walker & Dunlop, Inc. (WD) Stock Fundamental Analysis & AI Rating 2026

WD NYSE Finance Services MD CIK: 0001497770
Recently Updated • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
78% Confidence
N/A
SELL
78% Conf
Pending
Analysis scheduled

📊 WD Key Takeaways

Revenue: $301.3M
Net Margin: 5.3%
Free Cash Flow: $-1.1B
Current Ratio: N/A
Debt/Equity: 1.33x
EPS: $0.46
AI Rating: SELL with 78% confidence
Walker & Dunlop, Inc. (WD) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $301.3M, net profit margin of 5.3%, and return on equity (ROE) of 0.9%, Walker & Dunlop, Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete WD stock analysis for 2026.

Is Walker & Dunlop, Inc. (WD) a Good Investment?

Claude

Walker & Dunlop exhibits a concerning disconnect between headline revenue growth (+286% YoY) and operational reality: net income grew only 2.5%, EPS declined 48.6%, and critically, operating cash flow is deeply negative at -$1.1B. The combination of deteriorating earnings quality, negative free cash flow, weak interest coverage (1.7x), and significant debt burden ($2.3B) creates elevated financial stress despite strong topline expansion.

Why Buy Walker & Dunlop, Inc. Stock? WD Key Strengths

Claude
  • + Exceptional revenue growth of +285.8% YoY demonstrates strong market demand
  • + Maintains positive net income of $15.9M and operational viability
  • + Substantial asset base of $6.2B provides competitive scale in finance services

WD Stock Risks: Walker & Dunlop, Inc. Investment Risks

Claude
  • ! CRITICAL: Operating cash flow is -$1.1B, indicating company burns cash despite reported profits—suggests poor cash conversion and potential working capital stress
  • ! Severe earnings deterioration: EPS down 48.6% YoY despite massive revenue growth indicates poor quality of earnings and margin compression
  • ! Weak interest coverage ratio of 1.7x with $2.3B debt load creates vulnerability to rate increases and economic downturns; ratio below 2.5x is high-risk
  • ! Extremely low returns on capital: ROE 0.9% and ROA 0.3% indicate inefficient capital deployment
  • ! Thin profitability margins (Operating: 8.6%, Net: 5.3%) limit cash generation ability

Key Metrics to Watch

Claude
  • * Operating cash flow trend—must turn positive to validate profitability
  • * Free cash flow and cash position—critical given $2.3B debt and negative operating cash burn
  • * Interest coverage ratio—watch for deterioration below 1.5x as refinancing risk
  • * Earnings quality—monitor if net income growth converges with revenue growth

Walker & Dunlop, Inc. (WD) Financial Metrics & Key Ratios

Revenue
$301.3M
Net Income
$15.9M
EPS (Diluted)
$0.46
Free Cash Flow
$-1.1B
Total Assets
$6.2B
Cash Position
$192.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

WD Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 8.6%
Net Margin 5.3%
ROE 0.9%
ROA 0.3%
FCF Margin -380.2%

WD vs Finance Sector: How Walker & Dunlop, Inc. Compares

How Walker & Dunlop, Inc. compares to Finance sector averages

Net Margin
WD 5.3%
vs
Sector Avg 25.0%
WD Sector
ROE
WD 0.9%
vs
Sector Avg 12.0%
WD Sector
Current Ratio
WD 0.0x
vs
Sector Avg 1.2x
WD Sector
Debt/Equity
WD 1.3x
vs
Sector Avg 2.0x
WD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Walker & Dunlop, Inc. Stock Overvalued? WD Valuation Analysis 2026

Based on fundamental analysis, Walker & Dunlop, Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
0.9%
Sector avg: 12%
Net Profit Margin
5.3%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.33x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Walker & Dunlop, Inc. Balance Sheet: WD Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.33x
Debt/Assets
71.9%
Interest Coverage
1.74x
Long-term Debt
$2.3B

WD Revenue & Earnings Growth: 5-Year Financial Trend

WD 5-year financial data: Year 2021: Revenue $363.5M, Net Income $173.4M, EPS $5.45. Year 2022: Revenue $430.0M, Net Income $246.2M, EPS $7.69. Year 2023: Revenue $430.0M, Net Income $265.8M, EPS $8.15. Year 2024: Revenue $430.0M, Net Income $213.8M, EPS $6.36. Year 2025: Revenue $320.0M, Net Income $107.4M, EPS $3.18.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Walker & Dunlop, Inc.'s revenue has declined by 12% over the 5-year period, indicating business contraction. The most recent EPS of $3.18 reflects profitable operations.

WD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-380.2%
Free cash flow / Revenue

WD Quarterly Earnings & Performance

Quarterly financial performance data for Walker & Dunlop, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $58.0M $2.8M $0.08
Q3 2025 $64.4M $2.8M $0.85
Q2 2025 $68.4M $2.8M $0.67
Q1 2025 $52.4M $2.8M $0.08
Q3 2024 $61.6M $11.9M $0.64
Q2 2024 $66.3M $11.9M $0.67
Q1 2024 $52.4M $11.9M $0.35
Q3 2023 $61.6M $21.5M $0.64

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Walker & Dunlop, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.1B
Cash generated from operations
Stock Buybacks
$19.1M
Shares repurchased (TTM)
Capital Expenditures
$1.9M
Investment in assets
Dividends Paid
$23.6M
Returned to shareholders

WD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Walker & Dunlop, Inc. (CIK: 0001497770)

📋 Recent SEC Filings

Date Form Document Action
May 7, 2026 10-Q wd-20260331x10q.htm View →
May 7, 2026 8-K wd-20260507x8k.htm View →
Apr 1, 2026 DEF 14A wd-20260519xdef14a.htm View →
Mar 31, 2026 4 xslF345X06/tm2610741-5_4seq1.xml View →
Mar 31, 2026 4 xslF345X06/tm2610741-4_4seq1.xml View →

Frequently Asked Questions about WD

What is the AI rating for WD?

Walker & Dunlop, Inc. (WD) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WD's key strengths?

Claude: Exceptional revenue growth of +285.8% YoY demonstrates strong market demand. Maintains positive net income of $15.9M and operational viability.

What are the risks of investing in WD?

Claude: CRITICAL: Operating cash flow is -$1.1B, indicating company burns cash despite reported profits—suggests poor cash conversion and potential working capital stress. Severe earnings deterioration: EPS down 48.6% YoY despite massive revenue growth indicates poor quality of earnings and margin compression.

What is WD's revenue and growth?

Walker & Dunlop, Inc. reported revenue of $301.3M.

Does WD pay dividends?

Walker & Dunlop, Inc. pays dividends, with $23.6M distributed to shareholders in the trailing twelve months.

Where can I find WD SEC filings?

Official SEC filings for Walker & Dunlop, Inc. (CIK: 0001497770) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WD's EPS?

Walker & Dunlop, Inc. has a diluted EPS of $0.46.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WD a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Walker & Dunlop, Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is WD stock overvalued or undervalued?

Valuation metrics for WD: ROE of 0.9% (sector avg: 12%), net margin of 5.3% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy WD stock in 2026?

Our dual AI analysis gives Walker & Dunlop, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WD's free cash flow?

Walker & Dunlop, Inc.'s operating cash flow is $-1.1B, with capital expenditures of $1.9M. FCF margin is -380.2%.

How does WD compare to other Finance stocks?

Vs Finance sector averages: Net margin 5.3% (avg: 25%), ROE 0.9% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI