Walker & Dunlop

Walker & Dunlop, Inc. is a holding company. engages in the provision of commercial real estate and finance services. It focuses on multifamily lending, debt brokerage, and property sales. It also involves the delivery and servicing of loan products for its customers. The company was founded by Oliver Walker and Laird Dunlop in 1937 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Walker & Dunlop faces challenges but positions for growth in 2023

Walker & Dunlop navigated challenges in 2022 with resilience, maintaining market share and focusing on profitability improvements.
Despite a decline in financial metrics, the company remains optimistic about growth opportunities in 2023, prioritizing technology investments and market positioning.
Solid credit performance, strong multifamily fundamentals, and a focus on market opportunities position Walker & Dunlop for future success.
Client caution regarding potential interest rate changes adds a layer of uncertainty despite positive market momentum and optimism.

Walker & Dunlop adapts to market challenges, eyes growth opportunities

Walker & Dunlop navigated challenges in Q1 2023 with strategic acquisitions, operational resilience, and a focus on multifamily assets despite market headwinds.
The company's proactive measures, strong industry presence, and focus on cost containment position them well to seize opportunities in a changing real estate landscape.
Despite market challenges and decreased transaction volumes, WD remains optimistic about growth opportunities in GSE lending, SBL market expansion, and alternative capital sources.

Walker & Dunlop navigated Q2 challenges with a strategic approach, emphasizing market adaptation and operational efficiency. Despite declines in key financial metrics, the company's SAM segment showed resilience. Opportunities lie in expanding market share with agencies and leveraging technology for growth.

Walker & Dunlop resilient in Q3 amidst market challenges

Walker & Dunlop navigated challenges in Q3 with revenue decline offset by EBITDA growth and strong property sales performance.
The company's conservative underwriting and technology-driven businesses position it well for growth despite market uncertainties.
While facing commercial real estate market challenges, W&D's focus on financial stability and growth avenues signals resilience and strategic foresight.
Opportunities in asset management, loan strategies, and market expansion present avenues for sustained growth and market leadership for Walker & Dunlop.

Walker & Dunlop navigates challenges, eyes growth in diverse sectors

Despite challenges in the commercial real estate industry, Walker & Dunlop demonstrated resilience with stable revenues and strategic market share growth. The company's focus on disciplined risk-taking and diverse revenue streams positions it well for future growth. Opportunities in non-agency housing and office conversions offer avenues for expansion and profitability.

Walker & Dunlop reports resilient Q1 performance amidst market challenges

Walker & Dunlop showcased resilience with strong financial metrics despite market challenges.
The company's servicing portfolio and SAM segment remained robust, hinting at stability and growth.
Opportunities lie in technology investments, refinancing bridge loans, and capitalizing on market dynamics.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Walker & Dunlop, Inc. is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers. The Servicing and Asset Management segment includes servicing and asset-managing and managing third-party capital investments. The Corporate segment consists primarily of the company’s treasury operations and other corporate-level activities. The company was founded by Oliver Walker and Laird Dunlop in 1937 and is headquartered in Bethesda, MD.

BETHESDA, Md. , May 20, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it held a virtual Investor Day on May 19th.

Walker & Dunlop Outlines Plans for Continued Growth during Virtual Investor Day

BETHESDA, Md. , May 12, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $47,000,000 in financing for the development of The Line, a 219-unit, Class A+ multifamily project in Savannah, Georgia.

Walker & Dunlop Structures $47 Million in Financing for Savannah Opportunity Zone Development

BETHESDA, Md. , May 9, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured a $59,812,000 capital stack, including equity and financing for the construction of Green|House, a unique, personal improvement-oriented community being developed by Kaufman Development.

Kaufman Development's Latest Wellness-Focused Apartments Receive $60 Million Capital Stack via Walker & Dunlop

Walker & Dunlop, Inc. (NYSE:WD ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Kelsey Duffey - VP, IR Willy Walker - Chairman, CEO Steve Theobald - EVP, CFO Conference Call Participants Jade Rahmani - KBW Steven Delaney - JMP Jay McCanless - Wedbush Securities Kelsey Duffey Good morning, everyone. I'm Kelsey Duffey, Senior Vice President of Investor Relations at Walker & Dunlop, and I'd like to welcome you to Walker & Dunlop's first quarter 2022 earnings conference call and webcast.

Walker & Dunlop Inc. (WD) CEO Willy Walker on Q1 2022 Results - Earnings Call Transcript

Walker & Dunlop (WD) delivered earnings and revenue surprises of 24.71% and 3.12%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Walker & Dunlop (WD) Q1 Earnings and Revenues Beat Estimates

FIRST QUARTER 2022 HIGHLIGHTS Total transaction volume of $12.7 billion, up 40% from Q1'21 Total revenues of $319.4 million, up 42% from Q1'21 Net income of $71.2 million and diluted earnings per share of $2.12, up 23% and 18%, respectively, from Q1'21 Adjusted EBITDA1 of $62.6 million, up 3% from Q1'21 Servicing portfolio of $116.3 billion at March 31, 2022 up 6% from March 31, 2021 Completed the acquisition of GeoPhy Declared quarterly dividend of $0.60 per share for the second quarter Promoted Steve Theobald to Chief Operating Officer and Greg Florkowski to Chief Financial Officer BETHESDA, Md. , May 5, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company" or "W&D") reported total revenues of $319.4 million for the first quarter of 2022, an increase of 42% year over year.

Walker & Dunlop Reports 42% Growth in Revenues As Diluted EPS Grows 18% to $2.12

BETHESDA, Md. , April 29, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it will hold a virtual Investor Day on May 19, 2022, at 10:00 a.m.

Walker & Dunlop Announces 2022 Virtual Investor Day Details

Walker & Dunlop (WD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Walker & Dunlop (WD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

BETHESDA, Md. , April 14, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it will release its first quarter 2022 results before the market opens on May 5, 2022.

Walker & Dunlop Announces First Quarter 2022 Earnings Webcast Details

NEW YORK , April 11, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has arranged $70,000,000 in permanent financing for 21 West Street in New York, New York. The 33-story tower includes 293 carefully designed studio, one-, two-, and three-bedroom apartments.

Walker & Dunlop Structures $70 Million in Financing for Manhattan's 21 West Street Apartments

BETHESDA, Md. , April 7, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it brokered the sale and arranged acquisition financing for NOAH Apartments, a 224-unit multifamily property in San Antonio, Texas.

Walker & Dunlop Completes Sale and Financing for 224-Unit Multifamily Community in San Antonio, TX

CoStar Group

Essex Property Trust

Mid-America Apartment Communities

Apartment REITs did exceptionally well in 2021.

Buy Alert: The Golden Age For Apartment REITs

Overpaying for this stock might be worth it in the long run.

This Small-Cap Stock Aims to Dominate Commercial Real Estate Finance

DENVER , March 23, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it completed the sale of Viridian Edge at the Park and Western Hills, two value-add apartment communities totaling 432 units in Colorado Springs, Colorado. Colorado Springs is home to an educated workforce, attracted by a diverse set of industries, excellent schools, and surrounding nature.

Walker & Dunlop Completes Colorado Springs Multifamily Portfolio Sale

Kinsale Capital Group

Progressive

These under-the-radar stocks have crushed the market over the past five years with returns of 200% and up.

3 Market-Crushing Stocks That Might Surprise You

BETHESDA, Md. , March 15, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it arranged a $31,375,000 construction loan for The Casey, a 125-unit, four-story luxury multifamily property to be built in Camas, Washington.

Walker & Dunlop Arranges $31 Million Construction Loan for The Casey Apartments in Camas, WA

Essent Group

Velocity Financial

Despite a rise in mortgage rates and fading origination volumes, WD, ESNT and VEL are set to hold ground on expectations of higher housing demand and portfolio diversity.

3 Mortgage & Related Services Players Set to Brave Industry Woes

BETHESDA, Md., March 11, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured financing for Amavi Celina , a build-for-rent (BFR) neighborhood to be developed in Celina, Texas.

Texas Build-for-Rent Community Receives Construction Loan via Walker & Dunlop

BETHESDA, Md., March 8, 2022 /PRNewswire/ -- Apprise by Walker & Dunlop announced today that it has expanded its footprint in the West Coast region with the addition of Managing Director Michael Wada , MAI, in Irvine, California.

Apprise Grows Team in Southern California with New Managing Director

BETHESDA, Md., March 7, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $302,241,000 in Freddie Mac financing for a portfolio of ten multifamily properties in central Connecticut.

Walker & Dunlop Structures $302 Million in Financing for 10-Property Apartment Portfolio in Connecticut

BETHESDA, Md., March 3, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has expanded its affordable housing finance team with the addition of Ethan Waite , Director.

Walker & Dunlop Grows Affordable Multifamily Finance Team

BETHESDA, Md., Feb. 28, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it closed on the previously announced acquisition of GeoPhy, a leading commercial real estate technology company.

Walker & Dunlop Closes GeoPhy Acquisition

BETHESDA, Md., Feb. 18, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has hired Gideon Orion as Managing Director on its investment sales platform.

Walker & Dunlop Expands Seniors Housing Property Sales Team to California with Experienced Hire

BETHESDA, Md., Feb. 16, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it completed the $66,200,000 sale of The Lydian, a mixed-use property located in the heart of Denver, Colorado.

Walker & Dunlop Completes $66 Million Sale and Financing of Mixed-Use Building in Downtown Denver

Intel

Invitation Homes

PulteGroup

UMH Properties

Single-family rental construction has exploded, especially in some job-happy markets.

News for Walker & Dunlop Stock (WD)