-0.54%
0.66%
-10.86%
-6.08%
1.39%
-26.48%
44.12%
AI Spotlight on WD
Company Description
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.
Market Data
| Last Price | 96.07 |
| Change Percentage | -0.54% |
| Open | 96.13 |
| Previous Close | 96.59 |
| Market Cap ( Millions) | 3244 |
| Volume | 289614 |
| Year High | 118.19 |
| Year Low | 85.63 |
| M A 50 | 100.59 |
| M A 200 | 102.31 |
Financial Ratios
| FCF Yield | -2.49% |
| Dividend Yield | 2.71% |
| ROE | 5.55% |
| Debt / Equity | 104.64% |
| Net Debt / EBIDTA | 424.47% |
| Price To Book | 1.86 |
| Price Earnings Ratio | 33.57 |
| Price To FCF | -40.09 |
| Price To sales | 3.1 |
| EV / EBITDA | 12.8 |
News
- Jan -27 - Walker & Dunlop Announces Fourth Quarter and Full-Year 2024 Earnings Conference Call Details
- Jan -27 - Matthew Wiener and Preyaa Strzalkowski Join Walker & Dunlop's Affordable Team
- Jan -15 - Harbor Group International, The Garrett Companies and Telis Group Form Joint Venture to Recapitalize 11-Asset Multifamily Portfolio
- Dec -26 - Walker & Dunlop Finances $245 Million for Jersey City Development
- Dec -20 - Walker & Dunlop Arranges $190 Million Sale and $157 Million Financing for Coveted Edgewater Community in Miami
- Dec -17 - Walker & Dunlop Survey Highlights Sentiment Around Affordable Housing Policies, Funding and Supply
- Dec -09 - Walker & Dunlop Arranges 2nd Largest Sale in San Diego in 2024
- Nov -25 - Walker & Dunlop Closes $148 Million Refinance for Steiner NYC at the Brooklyn Navy Yard
- Nov -14 - Walker & Dunlop Promotes Dan Groman to General Counsel
- Nov -12 - Walker & Dunlop Secures $113 Million Acquisition Financing for Class-A Property in Bay Area
- Nov -08 - Walker & Dunlop, Inc. (WD) Q3 2024 Earnings Call Transcript
- Nov -07 - Compared to Estimates, Walker & Dunlop (WD) Q3 Earnings: A Look at Key Metrics
- Nov -07 - Walker & Dunlop (WD) Q3 Earnings and Revenues Miss Estimates
- Nov -06 - Seeking Clues to Walker & Dunlop (WD) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Nov -05 - Walker & Dunlop Sources $110 Million for Refinance of NYC Multifamily Portfolio
- Oct -28 - Walker & Dunlop Ranks #2 Overall Lender for HUD's 2024 Fiscal Year
- Oct -16 - Walker & Dunlop Expands Investment Sales Business Into Hospitality
- Oct -16 - Walker & Dunlop Announces Third Quarter 2024 Earnings Conference Call Details
- Sep -30 - Walker & Dunlop, A Great Places to Work Certified Company, Named to 2024 Fortune Best Workplaces in Financial Services & Insurance List
- Sep -25 - Walker & Dunlop Arranges $137 Million Financing for Downtown Boston Community
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Servicing and Asset Management
Expected Growth : 12.0 %
What the company do ?
Walker & Dunlop's Servicing and Asset Management segment provides loan servicing, asset management, and advisory services to commercial real estate investors and lenders.
Why we expect these perspectives ?
Walker & Dunlop's Servicing and Asset Management segment growth of 12.0% is driven by increasing demand for commercial real estate financing, expansion of the company's servicing portfolio, and strategic acquisitions. Additionally, the company's asset management capabilities and strong relationships with clients have contributed to the growth, as well as the increasing need for specialized servicing and asset management expertise in the commercial real estate industry.
Segment n°2 -> Capital Markets
Expected Growth : 11.0 %
What the company do ?
Walker & Dunlop's Capital Markets segment provides brokerage, advisory, and investment sales services to owners of commercial real estate.
Why we expect these perspectives ?
Walker & Dunlop's 11.0% growth in Capital Markets is driven by increasing commercial property transactions, strong demand for multifamily and industrial properties, and expansion of its debt brokerage platform. Additionally, the company's strategic investments in technology and talent acquisition have enhanced its capabilities, further fueling growth.
Segment n°3 -> Corporate Segment
Expected Growth : 10.0 %
What the company do ?
Walker & Dunlop's Corporate Segment provides financing solutions to large corporations, offering customized loan structures and balance sheet management services.
Why we expect these perspectives ?
Walker & Dunlop's Corporate Segment growth of 10.0% is driven by increasing commercial property transactions, expansion of debt financing and servicing capabilities, and strategic investments in technology and talent. Additionally, the company's diversified revenue streams, strong relationships with borrowers and investors, and favorable market conditions also contribute to this growth.
Walker & Dunlop, Inc. Products
| Product Range | What is it ? |
|---|---|
| Multifamily Finance | Walker & Dunlop provides financing solutions for multifamily properties, including Fannie Mae, Freddie Mac, and FHA/HUD loans. |
| Commercial Property Sales | Walker & Dunlop offers investment sales services for commercial properties, including office, retail, industrial, and hospitality assets. |
| Capital Markets Advisory | Walker & Dunlop provides capital markets advisory services, including debt and equity placement, and financial restructuring. |
| Property Management | Walker & Dunlop offers property management services, including financial management, operational oversight, and asset management. |
| Appraisal and Valuation | Walker & Dunlop provides appraisal and valuation services for commercial properties, including multifamily, office, retail, and industrial assets. |
| Investment Management | Walker & Dunlop offers investment management services, including fund management and separate account management. |
Walker & Dunlop, Inc.'s Porter Forces
Threat Of Substitutes
Walker & Dunlop, Inc. operates in a highly competitive industry, but the threat of substitutes is mitigated by the company's diversified product offerings and strong brand recognition.
Bargaining Power Of Customers
Walker & Dunlop, Inc. has a large and diversified customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong brand recognition and high-quality services reduce the likelihood of customers switching to competitors.
Bargaining Power Of Suppliers
Walker & Dunlop, Inc. relies on a network of suppliers to provide services and products, but the company's scale and bargaining power mitigate the risk of supplier concentration. However, the company is still exposed to supplier disruptions and price increases.
Threat Of New Entrants
The commercial real estate industry has high barriers to entry, including significant capital requirements and regulatory hurdles. Additionally, Walker & Dunlop, Inc.'s strong brand recognition and established relationships with customers and suppliers make it difficult for new entrants to gain traction.
Intensity Of Rivalry
The commercial real estate industry is highly competitive, with many established players competing for market share. Walker & Dunlop, Inc. faces intense competition from other industry leaders, which can lead to pricing pressure and reduced margins.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 61.38% |
| Debt Cost | 6.70% |
| Equity Weight | 38.62% |
| Equity Cost | 11.55% |
| WACC | 8.57% |
| Leverage | 158.90% |
Walker & Dunlop, Inc. : Quality Control
Walker & Dunlop, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CNA | CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The … |
| COOP | Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment … |
| PFSI | PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. … |
| CFG | Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, … |
| VCTR | Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company worldwide. It offers investment advisory, fund administration, fund compliance, fund transfer agent, and fund distribution services. … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CNA Financial
A-Score
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Victory Capital Holdings
A-Score
1-Year Total Return ->
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Citizens Financial Group
A-Score
1-Year Total Return ->
4
Mr. Cooper Group
A-Score
1-Year Total Return ->
5
Walker Dunlop
A-Score
1-Year Total Return ->
6
