Stock Ratings / Financials / WD / financials

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Walker & Dunlop Inc (WD) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$34.79 +0.23% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $34.74

Walker & Dunlop Inc (WD) carries a Roarable Rating of D- (Sell) with 36/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (36/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • RED ALERT Cap $1.19B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on WD Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is WD stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Walker & Dunlop Inc (NYSE: WD) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 36/100 at a spot price of $34.79 (+0.23% 1D, market cap $1.19B). Pillar breakdown: Fundamental Cash Engine 3/20, Institutional 13F & Options Flow 5/20, Executive Insider Alignment 10/20, FRED Macro Regime Fit 6/20, and SEC Balance-Sheet Forensics 12/20. Across 1096 tracked Financials issuers, WD ranks #968 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does WD compare to OCSL and PWP in the Financials sector?

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Within the Financials sector (Finance: Consumer Services), WD carries a Roarable D- (36/100 RQD), trailing P/E of 21.2x, gross margin of —, and ROIC of 3.2%. By comparison, OCSL (Oaktree Specialty Lending Corporation) holds a C- grade (59/100 RQD, P/E 31.5x, ROIC 2.4%, cap $1.07B) and PWP (Perella Weinberg Partners (Class A)) posts a D grade (49/100 RQD, P/E 28.4x, ROIC 55.7%, cap $1.36B). Among the 5-stock peer group, WD leads on earnings multiple (21.2x) while PWP leads on capital efficiency (55.7% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for WD?

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Per WD's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001497770), Walker & Dunlop Inc generated $320.0M in revenue (+20.6% YoY), $56.2M in net income, and -$664.3M in free cash flow against $5.06B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $34.74 (-0.15%)🧬 Cannibal Buyback (-1.24% YoY Shares)⚙️ Cash Engine: 3/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (36/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-8.3% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • D-

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D-

Each axis scored 0–20

12M PRICE TARGET CONE-9.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for WD)Realized 20D OHLCV Swing Band: ±8.9%

Deterministic 5-Pillar Attribution (36/100 Composite)

🔍 WHY WD SCORES 36/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Insider Conviction & Share Dilution+12/20 pts (33% of score)

SEC Form 4 / 13F Thermometer: 60% Net Buy • Cannibal Buyback (-1.24% YoY Shares)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+10/20 pts (28% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 2/9

▼ #1 Drag / Risk Factor: Cash Engine Quality4/20 pts (-16 pt drag)

Capital intensity & 0% operating margin leave 16 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$32.29-1.9% Next Q

Q2 (-2Q)

Grade E$31.67+8% Next Q

Q3 (-1Q)

Grade E$34.19+1.8% Next Q

Current

Grade D-$34.79-8.3% Hist 90D α

Trajectory: E (28) → D- (36)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a WD Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While WD currently carries a cautious 36/100 (D-) rating due to Cash Engine Quality (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($36.79) and Max Pain ($36.53) forces dealer call-delta covering toward $85.17.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-1.24% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $WD• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “WD Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 36%NO 64%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How WD Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $258.2M

FY24

Rev $265.4M

FY25

Rev $320.0M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$320.0M	52%	0%	$56.2M	-$664.3M	3.2%
FY 2024	$265.4M	52%	0%	$108.2M	$129.4M	3.2%
FY 2023	$258.2M	52%	0%	$107.4M	-$518.0K	3.2%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring WD)

✓Walkthrough of WD's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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WD // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -31.60%⚡ TESTING RESISTANCE

2026-11-02O $34.23H $34.79L $34.23C $34.79VOL 508.9K

RES: $34.98SUP: $28.70SMA50: $36.79SMA200: $47.76

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

WD Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 WD Butterfly Map → + Track WD →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

14.9%/yr Implied 5Y Growth

vs. +20.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on WD today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for WD. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for WD today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (WD)

Financials Rank #968 of 1096 ⚔️ OCSL vs WD Full Matrix →

1. Head-to-Head Financials Peer Comparison (WD vs. OCSL, PWP, SECZ, PICS)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Walker & Dunlop Inc (WD) ranks #968 by composite RQD confidence (36/100, grade D-) and #520 by equity capitalization ($1.19B). Within this direct 5-issuer industry benchmark cohort, WD leads on earnings valuation at 21.2x trailing P/E, while PWP leads on capital efficiency and profitability with 55.7% ROIC and — gross margin. OCSL currently holds the highest overall quantitative score in the immediate peer group at 59/100 (C-) compared with WD at 36/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
WD ACTIVE Walker & Dunlop Inc	D-	36/100	21.2x	—	3.2%	+0.23%	$1.19B	Benchmark Subject
OCSL Oaktree Specialty Lending Corporation	C-	59/100	31.5x	—	2.4%	+0.08%	$1.07B	/ocsl-vs-wd →
PWP Perella Weinberg Partners (Class A)	D	49/100	28.4x	—	55.7%	+5.21%	$1.36B	/pwp-vs-wd →
SECZ Securitize Corp.	D	44/100	—	—	—	-10.32%	$1.38B	/secz-vs-wd →
PICS PicS N.V. (Class A)	D-	43/100	—	—	—	-9.67%	$1.02B	/pics-vs-wd →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001497770

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Walker & Dunlop Inc (WD) reported GAAP revenue of $320.0M (+20.6% vs. FY2024 revenue of $265.4M , and +23.9% cumulative change since FY2023) , GAAP net income of $56.2M, operating cash flow of -$664.3M, and free cash flow of -$664.3M (-613.5% YoY). On the balance sheet, WD closed FY2025 with $5.06B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 2/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$320.0M	$56.2M	-$664.3M	-$664.3M	$5.06B	—
FY2024 (FY)	2024-12-31	$265.4M	$108.2M	$129.4M	$129.4M	$4.38B	—
FY2023 (FY)	2023-12-31	$258.2M	$107.4M	-$518.0K	-$518.0K	—	—

3. WD Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is WD stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does WD compare to OCSL and PWP in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for WD?

Where is WD trading relative to its 50-day, 200-day, and 52-week technical levels?

WD last traded at $34.79 (+0.23% on volume of 347,232 shares), positioning the stock -5.44% below its 50-day simple moving average ($36.79) and -27.16% below its 200-day simple moving average ($47.76). Across its 52-week range of $31.40 to $81.11, WD sits at the 6.8% percentile with a 14-day RSI of 49.0 (NEUTRAL RANGE) and an implied next-earnings move of ±8.9% ($31.69 to $37.89).

WD Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Walker & Dunlop Inc (WD)?

In FY 2025 (10-K), WD converted $320.0M of revenue into a 52% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).

Direct Sub-Reports: WD RQD Cockpit WD 12M Forecast WD Earnings & Move WD Dividends & DRIP WD Insiders & 13F WD Whale Options WD Profit Sankey WD News & Why

ROARABLE RATING BRIEF • RQD 36/100 (D-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

WD — Walker & Dunlop Inc: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:30:17Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, WD scores 36 out of 100, earning a D- grade and the verdict label "Roarable Sell — Vulnerable Balance Sheet & Flow." The five pillars are: Fundamental Cash Engine at 3 of 20 (ROIC 3.2%; FCF yield 0%); Whale 13F Flow at 5 of 20 (institutional accumulation and options positioning); Insider Conviction at 12 of 20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 6 of 20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet at 10 of 20 (Altman Z 2.5; Piotroski F 2/9; Debt/Equity 0.5).

For a prospective investor, the weakest pillar is the cash engine, where the RQD rating reports a 0% FCF yield and a 3.2% ROIC. The insider pillar is the strongest relative to its maximum, though it still falls short of a favorable reading. The balance-sheet pillar is middling, with a Piotroski F-Score of 2 of 9 indicating weak fundamental health signals. Upside drivers cited in the sources are limited to the insider-buying signal and the institutional-flow reading; valuation tradeoffs are reflected in a P/E (TTM) of 21.2 against a Forward P/E of 17.8, suggesting earnings expectations embedded in the price. This is an analytical summary of the rating, not personalized financial advice.

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$320.0M	$0.0M	$56.2M	N/A	$-664.3M	$299.3M	N/A
FY 2024	$265.4M	$0.0M	$108.2M	N/A	$129.4M	$279.3M	N/A
FY 2023	$258.2M	$0.0M	$107.4M	N/A	$-0.5M	N/A	N/A

Revenue rose from $258.2M in FY 2023 to $320.0M in FY 2025, while net income moved from $107.4M to $108.2M in FY 2024 and then to $56.2M in FY 2025. Free cash flow was $-664.3M in FY 2025, against $129.4M in FY 2024. The reported ROIC is 3.2%, the Altman Z-Score is 2.5, and the Piotroski F-Score is 2 of 9 per the Roarable RQD rating. Debt/Equity is 0.5, and cash was $299.3M at FY 2025 year-end.

Recent Catalysts & News Wire Analysis

Per the recent news feed, six items reference WD:

Yahoo Finance (YELLOW, MARKET WIRE): a post-Q2 earnings buy/sell/hold piece.
Seeking Alpha (RED, RISK WATCH): a report headlined around limited risk-adjusted upside and dividend uncertainty.
Yahoo Finance (YELLOW, MARKET WIRE): coverage of multifamily financing arrangements and fair value.
Benzinga (YELLOW, MARKET WIRE): a transcript of the Q2 2026 earnings conference call.
Moomoo (GREEN, CATALYST): a report on insider purchases totaling US$789.9k.
MarketBeat (YELLOW, MARKET WIRE): a report on a pessimistic price forecast from Keefe, Bruyette & Woods.

The only item tagged as a catalyst is the insider-buying report; the sole risk-watch item is the Seeking Alpha piece. No proprietary signals are present in the Butterfly graph.

Open Questions

What is the company's reported operating income and gross margin, given that the source data shows $0.0M operating income in every period and 0% gross and operating margins?
What drove the FY 2025 free cash flow of $-664.3M, and is it a recurring pattern or a one-time item?
What is the debt balance and debt structure, given that debt is listed as N/A across all periods?
What are the analyst consensus ratings and price targets, since the analyst data is absent?
What do the individual Form 4 and 13F filings show about the timing and size of insider and institutional positions?

WD Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Walker & Dunlop Inc (WD) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to WD Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 11h ago

Walker & Dunlop (WD): Buy, Sell, or Hold Post Q2 Earnings?

Yahoo Finance report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Seeking Alpha • 14h ago

Walker & Dunlop: Limited Risk-Adjusted Upside And Dividend Uncertainty (NYSE:WD)

Seeking Alpha report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 17h ago

Walker & Dunlop (WD) Arranges Major Multifamily Financings, Where Does Fair Value Sit?

Yahoo Finance report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 20h ago

Transcript: Walker & Dunlop Q2 2026 Earnings Conference Call

Benzinga report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Moomoo • 23h ago

Bullish Walker & Dunlop Insiders Loaded Up On US$789.9k Of Stock

Moomoo report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Keefe, Bruyette & Woods Issues Pessimistic Forecast for Walker & Dunlop (NYSE:WD) Stock Price

MarketBeat report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST GuruFocus • 1d ago

Walker & Dunlop Inc (WD) Shares Surge 6.2% -- What GF Score of 6

GuruFocus report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST TradingView • 1d ago

Citizens maintains Market Outperform rating on Walker & Dunlop, $50 price target

TradingView report covering Walker & Dunlop Inc (WD) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

WD Bull vs. Bear Conversation Board — What's Your Call at $34.79?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON WD 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $30.54 (-12.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is WD (D- • RQD 36/100) a Buy at $34.71?

Welcome to the WD (Walker & Dunlop Inc) Roar Pit. Current RQD Composite is 36/100 (Roarable Sell — Vulnerable Balance Sheet & Flow) in Finance: Consumer Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RI RiskArb_Desk Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $26.73 (-23.0%)

Spot @ $34.71

Pump the brakes on WD — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on WD, but look at what you are paying: 21.2x trailing P/E with tightening sector spreads. Unless Walker & Dunlop Inc expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

QU QuantViper Verified K Arena Trader 🐂 BULLISH 🎯 Target: $43.73 (+26.0%)

Spot @ $34.71

WD cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on WD, the market is fixating on short-term headline noise in Finance: Consumer Services and ignoring the balance sheet and cash flow trajectory. At $34.71 (52-wk range $31.40 - $81.11), any beat on forward guidance forces shorts and underweight funds to chase.