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

WD NYSE Finance Services MD CIK: 0001497770
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
STRONG SELL
88% Conf
Pending
Analysis scheduled

📊 WD Key Takeaways

Revenue: $1.2B
Net Margin: 4.6%
Free Cash Flow: $-680.1M
Current Ratio: N/A
Debt/Equity: 1.32x
EPS: $1.64
AI Rating: STRONG SELL with 88% confidence
Walker & Dunlop, Inc. (WD) receives a STRONG SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of 4.6%, and return on equity (ROE) of 3.2%, 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 severely deteriorating fundamentals despite headline revenue growth of 286%. The company is destroying cash with -$664.3M operating cash flow and -$680.1M free cash flow while reporting only 2.5% net income growth, signaling poor earnings quality. With interest coverage of just 1.2x and net margin of 4.6%, the company faces acute solvency risk if market conditions deteriorate.

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

Claude
  • + Strong top-line revenue growth of 285.8% YoY demonstrates robust market demand
  • + Maintains adequate liquidity with $299.3M cash and equivalents
  • + Significant scale with $5.1B total assets in financial services sector

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

Claude
  • ! Critical negative operating cash flow of -$664.3M despite positive net income indicates severe earnings quality degradation
  • ! Dangerously low interest coverage ratio of 1.2x leaves minimal buffer for debt service obligations with elevated leverage at 1.32x D/E
  • ! Massive disconnect: 286% revenue growth yet only 2.5% net income growth and -48.6% EPS decline signals unsustainable revenue composition
  • ! Extremely weak profitability margins (4.6% net, 6.4% operating) and poor capital returns (3.2% ROE, 1.1% ROA) indicate structural business challenges
  • ! Negative free cash flow of -$680.1M means the business is burning capital despite reported earnings

Key Metrics to Watch

Claude
  • * Operating cash flow trend and return to positive territory
  • * Net income growth rate relative to revenue growth
  • * Interest coverage ratio improvement
  • * Debt-to-equity reduction and refinancing needs
  • * Free cash flow margin stabilization

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

Revenue
$1.2B
Net Income
$56.2M
EPS (Diluted)
$1.64
Free Cash Flow
$-680.1M
Total Assets
$5.1B
Cash Position
$299.3M

💡 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 6.4%
Net Margin 4.6%
ROE 3.2%
ROA 1.1%
FCF Margin -55.1%

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

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

Net Margin
WD 4.6%
vs
Sector Avg 25.0%
WD Sector
ROE
WD 3.2%
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
3.2%
Sector avg: 12%
Net Profit Margin
4.6%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.32x
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
1.32x
Debt/Assets
65.5%
Interest Coverage
1.22x
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
-55.1%
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
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
Q2 2023 $66.3M $26.7M $0.82

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
-$664.3M
Cash generated from operations
Stock Buybacks
$10.5M
Shares repurchased (TTM)
Capital Expenditures
$15.8M
Investment in assets
Dividends Paid
$91.8M
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
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 →
Mar 31, 2026 4 xslF345X06/tm2610741-3_4seq1.xml View →
Mar 31, 2026 4 xslF345X06/tm2610741-2_4seq1.xml View →

Frequently Asked Questions about WD

What is the AI rating for WD?

Walker & Dunlop, Inc. (WD) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WD's key strengths?

Claude: Strong top-line revenue growth of 285.8% YoY demonstrates robust market demand. Maintains adequate liquidity with $299.3M cash and equivalents.

What are the risks of investing in WD?

Claude: Critical negative operating cash flow of -$664.3M despite positive net income indicates severe earnings quality degradation. Dangerously low interest coverage ratio of 1.2x leaves minimal buffer for debt service obligations with elevated leverage at 1.32x D/E.

What is WD's revenue and growth?

Walker & Dunlop, Inc. reported revenue of $1.2B.

Does WD pay dividends?

Walker & Dunlop, Inc. pays dividends, with $91.8M 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 $1.64.

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 April 2026, Walker & Dunlop, Inc. has a STRONG SELL rating with 88% 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 3.2% (sector avg: 12%), net margin of 4.6% (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 STRONG 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 $-664.3M, with capital expenditures of $15.8M. FCF margin is -55.1%.

How does WD compare to other Finance stocks?

Vs Finance sector averages: Net margin 4.6% (avg: 25%), ROE 3.2% (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: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI