Citizens cuts Walker & Dunlop stock price target on fraud concerns

Citizens has lowered its price target on Walker & Dunlop shares (NYSE:WD) to $55 from $70, citing fraud concerns and an unfavorable outlook for higher interest rates. The firm also revised its 2027 earnings per share estimate down to $4.65 from $5.00, which results in a lower price multiple of 11.8 times the revised 2027 EPS estimate.

Despite these challenges, Citizens believes the stock is currently undervalued and offers 14 additional ProTips to subscribers. Walker & Dunlop has reported its second-quarter 2026 financial results, with adjusted core diluted earnings of $1.19 per share, surpassing analyst estimates but falling short of revenue expectations. The company has achieved market share gains with government-sponsored enterprises, reaching 14.7% year-to-date.

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