Walker & Dunlop stock falls 2.69 percent on September 28
Published on 09/28/2026 at 18:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Walker & Dunlop stock was trading at USD 36.96 on the NYSE on September 28, 2026, down 2.69 percent from the prior close. The move keeps the mortgage finance company near its session low of USD 36.41, while its market capitalization stood at USD 1.3 billion.
Second-quarter earnings show a split
Walker & Dunlop reported second-quarter 2026 revenue of USD 306.69 million and net income of USD 3.006 million, or diluted GAAP EPS of USD 0.09, according to StockTitan. The same filing summary lists adjusted EBITDA of USD 62.129 million and adjusted core EPS of USD 1.19 for the quarter.
The comparison with expectations was uneven. Investing.com reported that adjusted core EPS exceeded the USD 0.91 estimate, while revenue of USD 306.7 million came in below the USD 337.53 million expectation. That gap helps explain why the headline earnings result did not translate into a stronger share price.
Credit exposure remains central
The Q2 filing summary also identified USD 23.2 million of operating and credit-related expenses linked to legacy indemnified and repurchased loans. Walker & Dunlop had reduced its repurchased loan exposure to USD 153.8 million after quarter end, backed by USD 41.7 million of credit-related reserves, according to StockTitan.
Operating scale remains visible in the servicing portfolio, which reached USD 145.8 billion in Q2 2026, while total managed assets reached USD 164.5 billion. Capital Markets generated USD 14.4 billion of transaction volume during the quarter, including USD 12.5 billion of debt financing volume.
Target cut leaves a wide gap
Citizens lowered its Walker & Dunlop price target from USD 70 to USD 55 while maintaining a Market Outperform rating, Investing.com reported on September 16, 2026. The firm also reduced its 2027 EPS estimate from USD 5.00 to USD 4.65, putting the forecast debate alongside the credit costs as a key valuation issue.
Stock trades below USD 40
Walker & Dunlop stock was last at USD 36.96 on September 28, 2026, at 12:28 p.m. ET, with a 52-week range of USD 36.32 to USD 90.00 and volume of 141,198 shares. The combination of USD 1.19 adjusted core EPS and USD 306.69 million of quarterly revenue leaves investors weighing operating earnings against loan-related charges.
Walker & Dunlop stock snapshot
- Company: Walker & Dunlop, Inc.
- Ticker: WD
- Trading venue: NYSE
- Price (as of September 28, 2026, 12:28 p.m. ET): USD 36.96
- Market capitalization: USD 1.3 billion (as of September 28, 2026)
- 52-week range: USD 36.32-90.00 (as of September 28, 2026)
- Sector / Industry: Financial Services / Mortgage Finance
