NYSE: WD · Mortgage Finance
Walker & Dunlop (WD) fair value and price range
As of 26 Sep 2026, Faircurve's model values Walker & Dunlop (WD) at $35.39 a share. The stock last closed at $33.97, which puts the model's fair value 4.2% above the price. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 2 Oct 2026. Walker & Dunlop, Inc.
Faircurve Insights · 26 Sep 2026
Walker & Dunlop, Inc. offers a comprehensive range of financial products and services for real estate owners and developers throughout the United States.
On 26 Sep 2026, Faircurve's model found a fair value of $35.39 a share, the midpoint of 2,000 simulations. The fair value moved -2.1% since the previous run on 19 Sep 2026, which gave $36.16. The calibrated range over 63 trading days is $29.69 to $43.15, built from the fair value, and ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown.
Faircurve's model compares it with Preferred Bank (PFBC), Westamerica Bancorporation (WABC), Tompkins Financial Corporation (TMP), Heritage Financial Corporation (HFWA), and Lakeland Financial Corporation (LKFN). The stock's moves around its last 8 earnings reports include -13.5% on 6 Aug 2026 and +2.7% on 7 May 2026. The median size of these moves, ignoring direction, was 9.0%.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give WD?
The calibrated range for WD over 63 trading days is $29.69 to $43.15. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $27.47 to $44.75. In 41% of the simulations the fair value came out above the price the model ran on.
How does WD compare with similar companies?
The companies in mortgage finance closest to Walker & Dunlop in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| PRG PROG Holdings, Inc. | $31.00 | $40.70 | +31.3% | Low evidence grade |
| PFBC Preferred Bank | $106.48 | $140.79 | +32.2% | Undervalued |
| UFCS United Fire Group, Inc. | $54.62 | $49.94 | -8.6% | Low evidence grade |
| WABC Westamerica Bancorporation | $59.60 | $62.23 | +4.4% | Fairly valued |
| TMP Tompkins Financial Corporation | $98.89 | $112.19 | +13.4% | Undervalued |
| HFWA Heritage Financial Corporation | $28.14 | $20.41 | -27.5% | Overvalued |
| TFIN Triumph Financial, Inc. | $62.18 | $16.56 | -73.4% | Gap wider than 60% |
| LKFN Lakeland Financial Corporation | $59.07 | $57.42 | -2.8% | Fairly valued |
When does WD report earnings, and how has the stock reacted?
Walker & Dunlop's next earnings report is scheduled for 5 Nov 2026. Companies can move their dates.
Options prices on 29 Sep 2026 imply a move of about 18.3% in either direction through the nearest expiry, about 51 days out, a window that includes the report. That is the size the market is pricing, not a direction.
How WD moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 9.0%.
| Report date | Two session move |
|---|---|
| 6 Aug 2026 | -13.5% |
| 7 May 2026 | +2.7% |
| 26 Feb 2026 | -21.9% |
| 6 Nov 2025 | -13.3% |
| 7 Aug 2025 | +7.0% |
| 1 May 2025 | -11.0% |
| 13 Feb 2025 | -5.0% |
| 7 Nov 2024 | -0.9% |
Walker & Dunlop at a glance
Walker & Dunlop, Inc., operating through its subsidiaries, offers a comprehensive range of financial products and services tailored for real estate owners and developers throughout the United States.
- Market value
- $1.3B
- Sector
- Financial Services
- Industry
- Mortgage Finance
- Consensus revenue growth, next fiscal year
- +6.9%
- Analysts with estimates
- 2
- Beta to the US market
- 0.84
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Walker & Dunlop on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for WD was $36.16. As of 26 Sep 2026 it is $35.39, a change of -2.1%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Walker & Dunlop's valuation
Is Walker & Dunlop stock undervalued or overvalued?
Faircurve's model puts WD's fair value at $35.39 a share against a last close of $33.97, as of 26 Sep 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It does not say how likely the fair value is to be right.
What is WD's fair value?
$35.39 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $27.47 to $44.75.
What price range does the model give WD?
$29.69 to $43.15 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Walker & Dunlop report earnings next?
The next report is scheduled for 5 Nov 2026. Companies can move their dates.
How much has WD moved on past earnings reports?
Across its last 8 reports the median two session move was 9.0%, ignoring direction. The largest was -21.9% around the report of 26 Feb 2026.
How confident is the model in this valuation?
The model's evidence grade for WD is low. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.