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.
Walker & Dunlop Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$115.27|
|52 Week High||US$50.15|
|52 Week Low||US$116.70|
|1 Month Change||11.93%|
|3 Month Change||9.98%|
|1 Year Change||126.02%|
|3 Year Change||119.31%|
|5 Year Change||351.33%|
|Change since IPO||1,064.34%|
Recent News & Updates
|WD||US Mortgage||US Market|
Return vs Industry: WD exceeded the US Mortgage industry which returned 23.1% over the past year.
Return vs Market: WD exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: WD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WD's weekly volatility (5%) has been stable over the past year.
About the Company
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 offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans. It also provides multifamily finance for manufactured housing communities, student housing, affordable housing, and senior housing properties under the Fannie Mae’s DUS program; and construction and permanent loans to developers and owners of multifamily housing, affordable housing, senior housing, and healthcare facilities.
Walker & Dunlop Fundamentals Summary
|WD fundamental statistics|
Is WD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WD income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.63|
|Net Profit Margin||22.02%|
How did WD perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is Walker & Dunlop undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WD ($112.26) is trading below our estimate of fair value ($173.2)
Significantly Below Fair Value: WD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WD is poor value based on its PE Ratio (14.7x) compared to the US Mortgage industry average (12.1x).
PE vs Market: WD is good value based on its PE Ratio (14.7x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: WD is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: WD is overvalued based on its PB Ratio (2.8x) compared to the US Mortgage industry average (1.1x).
How is Walker & Dunlop forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WD's forecast earnings growth (8.5% per year) is above the savings rate (2%).
Earnings vs Market: WD's earnings (8.5% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: WD's earnings are forecast to grow, but not significantly.
Revenue vs Market: WD's revenue (8.4% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: WD's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WD's Return on Equity is forecast to be low in 3 years time (17.9%).
How has Walker & Dunlop performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WD has high quality earnings.
Growing Profit Margin: WD's current net profit margins (22%) are higher than last year (21.9%).
Past Earnings Growth Analysis
Earnings Trend: WD's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: WD's earnings growth over the past year (27.3%) exceeds its 5-year average (13.2% per year).
Earnings vs Industry: WD earnings growth over the past year (27.3%) underperformed the Mortgage industry 34%.
Return on Equity
High ROE: WD's Return on Equity (19.4%) is considered low.
How is Walker & Dunlop's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: WD's Assets to Equity ratio (3x) is low.
Allowance for Bad Loans: Insufficient data to determine if WD has a sufficient allowance for bad loans.
Low Risk Liabilities: WD reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if WD has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: WD reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if WD has an appropriate level of bad loans.
What is Walker & Dunlop current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WD's dividend (1.78%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: WD's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WD has been paying a dividend for less than 10 years.
Growing Dividend: WD's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.8%), WD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WD's dividends in 3 years are forecast to be well covered by earnings (23% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Willy Walker (54 yo)
Mr. William Mallory Walker, also known as Willy, serves as Director at Walker & Dunlop, Inc. since July 2010. He is Chairman & CEO of Walker & Dunlop, LLC. Mr. Walker received the Ernst & Young Entrepreneu...
CEO Compensation Analysis
Compensation vs Market: Willy's total compensation ($USD6.95M) is above average for companies of similar size in the US market ($USD5.28M).
Compensation vs Earnings: Willy's compensation has increased by more than 20% in the past year.
Experienced Management: WD's management team is seasoned and experienced (9.6 years average tenure).
Experienced Board: WD's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Walker & Dunlop, Inc.'s employee growth, exchange listings and data sources
- Name: Walker & Dunlop, Inc.
- Ticker: WD
- Exchange: NYSE
- Founded: 1937
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$3.668b
- Shares outstanding: 31.82m
- Website: https://www.walkerdunlop.com
Number of Employees
- Walker & Dunlop, Inc.
- 7501 Wisconsin Avenue
- Suite 1200E
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 23:04|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.