Why Walker & Dunlop Stock Is Higher Today

It's a challenging market for commercial real estate, but Walker & Dunlop's (WD 3.55%) most recent quarter provided a reminder to investors about the company's ability to manage through the cycle.Shares of Walker & Dunlop climbed as much as 11.4% on Thursday, and were up 7.5% as of 10:30 a.m. ET, after the company easily exceeded fourth-quarter earnings expectations and raised its cash payout to investors.A diverse business pays dividendsWalker & Dunlop is one of the largest providers of capital to the comm ...