Walker & Dunlop, Inc.

Walker & Dunlop, Inc.

WDยทNYSE

$48.32

-0.083%
Financial ServicesFinancial - Mortgages

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. In addition, the company acts as an intermediary in the placement of commercial real estate debt between institutional sources of capital, including life insurance companies, investment banks, commercial banks, pension funds, CMBS conduits, and other institutional investors, as well as owners of various types of commercial real estate. Further, it advises on capital structure; develops the financing package; facilitates negotiations between its client and institutional sources of capital; coordinates due diligence; and assists in closing the transaction. Additionally, the company offers property sales brokerage, underwriting and risk management, and servicing and asset management services. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.

At a Glance

Live Snapshot
Market Cap$1.66B
EPS1.6900
P/E Ratio28.59
Earnings Date07/30/2026
Walker & Dunlop, Inc.

Walker & Dunlop, Inc. Fair Value Envelope

WD ยท NYSE

Our analysis suggests that WD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $48.32, this represents a potential HIDDEN relative to our calculated worth for Walker & Dunlop, Inc..

Intrinsic Value
Current Price: $48.32

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$575.1M
+ Cash & Equivalents$299.3M
Firm Value-$275.8M
- Debt$2.2B
Equity Value-$2.5B
/ Shares Outstanding34,064,233B
DCF Value-$74
OVERVALUED BY 253%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$332.2M
-$166.1M
-$83.0M
-$41.5M
-$20.8M
-$10.4M
-$5.2M
-$2.6M
-$1.3M
-$648.7K
Maintenance CapEx
-$1.6M
-$788.6K
-$394.3K
-$197.2K
-$98.6K
-$49.3K
-$24.6K
-$12.3K
-$6.2K
-$3.1K
Owner Earnings
-$333.7M
-$166.9M
-$83.4M
-$41.7M
-$20.9M
-$10.4M
-$5.2M
-$2.6M
-$1.3M
-$651.8K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$309.0M
-$143.1M
-$66.2M
-$30.7M
-$14.2M
-$6.6M
-$3.0M
-$1.4M
-$652.1K
-$301.9K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.