WD Stock Summary and Trading Ideas (Walker & Dunlop | NYSE:WD)

Walker & Dunlop Inc is a United States-based commercial real estate finance company. It is principally engaged in originating, selling, and servicing a number of multifamily and other commercial real estate financing products that are sold under the programs of Freddie Mac, Fannie Mae, Ginnie Mae, and the Federal Housing Administration. The company's products consist of first mortgage loans, second trust loans, supplemental financings, construction loans, mezzanine loans, and bridge/interim loans. The company generates a majority of total revenue from gains from mortgage banking activities and servicing fees. It conducts business solely in the United States.

Walker & Dunlop trades on the NYSE stock market under the symbol WD.

As of April 23, 2024, WD stock price climbed to $93.95 with 164,760 million shares trading.

WD has a beta of 2.11, meaning it tends to be more sensitive to market movements. WD has a correlation of 0.39 to the broad based SPY ETF.

WD has a market cap of $3.16 billion. This is considered a Mid Cap stock.

Last quarter Walker & Dunlop reported $274 million in Revenue and $1.42 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.62.

In the last 3 years, WD stock traded as high as $156.77 and as low as $61.06.

The top ETF exchange traded funds that WD belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

WD has outperformed the market in the last year with a return of +41.8%, while the SPY ETF gained +24.3%. However, in the most recent history, WD shares have underperformed the stock market with its stock returning -4.6% in the last 3 month period and -2.9% for the last 2 week period, while SPY has returned +4.6% and -2.6%, respectively.

WD support price is $90.03 and resistance is $94.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WD stock will trade within this expected range on the day.