Walker & Dunlop

Financial - Mortgages · Financial Services

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Mixed

Growth

Mixed

Cash Flow

Weak

Stability

Mixed

Valuation

Good

Dividends

Good

Track this stock — start free trial

Winston Score History

The full picture

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.

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

-3.9% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-90.9% YoY

YoY Growth Rate

Earnings declining

Insider Activity

4.0%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$332M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

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

Profit per sale

Gross Margin

100.0%

Premium pricing power — 100.0% gross margin

Profit after running costs

Operating Margin

0.7%

Thin — 0.7% operating margin

Return on the money invested

ROCE

3.9%

Weak — 3.9% 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 growth

Sales YoY

+6.1%

Slow sales growth (+6.1% YoY)

Profit growth

EPS YoY

-63.4%

Earnings shrinking (-63.4% YoY)

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

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

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

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

-3127%

Weak — only -3127% of profit becomes cash

Spare cash per sale

FCF Margin

-101.1%

Burning cash (-101.1%)

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

What it owes vs what it owns

Debt / Equity

1.29

Elevated debt (1.29)

Covers its interest

Interest Cover

3.30x

Tight — interest eats into profit (3.3x)

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

Price vs profit

P/E Ratio (TTM)

34.4x

no trend

Pricey — P/E 34.4

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

Cheaper or dearer next year

P/E vs Forward

+23.1

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (34.4 → 11.3)

Full breakdown available with your free trial

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

Try free

Dividends

Dividend

Dividend Yield

5.18%

no trend

Healthy income — 5.18% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record

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