Walker & Dunlop (WD) Stock Analysis & Winston Score

Walker & Dunlop helps real estate owners borrow money to buy or refinance large apartment buildings, office towers, and other commercial properties. The company acts as a middleman between property owners and big lenders like Fannie Mae, Freddie Mac, and the FHA — it arranges loans and often sells them to those government-backed agencies. It is one of the largest commercial real estate finance companies in the United States.

Walker & Dunlop earns money through loan origination fees, loan servicing fees, and advisory fees when it helps clients buy or sell properties. It operates almost entirely in the United States and manages a servicing portfolio worth over $100 billion, which provides a steady stream of recurring fee income. The company's main competitive advantage is its deep relationships with government-sponsored lenders and its large servicing book, but it is sensitive to interest rate changes — when rates rise sharply, borrowing slows down and loan origination volumes can fall significantly.

Winston Score History

Politician Trades

1 trades / 12mo

0 Congressional buys and 1 sell on WD in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-0.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-128.1% YoY

YoY Growth Rate

Earnings declining

Insider Activity

4.0%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$299M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Walker & Dunlop's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

63.5%

Premium pricing power — 63.5% gross margin

Operating Margin

16.3%

Healthy — 16.3% operating margin

ROCE

1.4%

Weak — 1.4% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+9.0%

Steady sales growth (9.0% YoY)

EPS YoY

-46.3%

Earnings shrinking (-46.3% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency

4/8 quarters

Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

-1166%

Weak — only -1166% of profit becomes cash

FCF Margin

-55.1%

Burning cash (-55.1%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

1.30

Elevated debt (1.30)

Interest Cover

3.61x

Tight — interest eats into profit (3.6x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

23.9x

no trend

Growth-priced — P/E 23.9

P/E above the market average. People are paying up for expected growth.

P/E vs Forward

+12.5

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (23.9 → 11.4)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

4.95%

no trend

Healthy income — 4.95% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend Growth

+2.3%

no trend

Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial