walker & dunlop inc (WD:New York)
walker & dunlop inc (WD) Key Developments
Walker & Dunlop, Inc. Presents at Morgan Stanley Financials Conference 2013, Jun-12-2013 01:50 PM. Venue: Waldorf Astoria Hotel, 301 Park Avenue at 50th Street, New York, New York, United States. Speakers: William M. Walker, Chairman, Chief Executive Officer and President.
Walker & Dunlop, Inc. announced that Brian Casey will join the company's Proprietary Capital Group on May 23, 2013. Mr. Casey joins Walker & Dunlop from MetLife, where he was responsible for their domestic and international commercial whole loan lending operation which originated approximately $9 billion of mortgage loans in 2012. Mr. Casey will be responsible for managing Walker & Dunlop's Proprietary Fixed Rate and Bridge Loan Funds, which are both currently in development. Mr. Casey spent over 15 years at MetLife, most recently as managing director/head of real estate debt strategies. Mr. Casey served as chairperson of the real estate mortgage investment committee at MetLife.
Walker & Dunlop, Inc. Presents at Keefe, Bruyette & Woods Mortgage Finance Conference, Jun-04-2013 . Venue: The Crowne Plaza Times Square, New York, New York, United States.
Walker & Dunlop, Inc. reported unaudited consolidated financial results for the first quarter ended Mar. 31, 2013. The company announced first quarter 2013 revenues of $69.2 million, a 101% increase from $34.4 million in first quarter 2012. Revenue growth was driven by a 157% increase in loan origination volume and a 118% increase in the servicing portfolio. Adjusted net income for the first quarter 2013, which excludes selected expenses relating to the acquisition of CWCapital, increased 46% to $8.5 million, or $0.25 per diluted share, from $5.8 million, or $0.27 per diluted share, for the first quarter 2012. GAAP net income for the first quarter 2013 increased 32% from the first quarter 2012 to $7.7 million, or $0.23 per diluted share against $5.84 million, or $0.27 per diluted share, for the first quarter 2012. Income from operations was $12.33 million against $9.49 million for the first quarter of 2012.
Walker & Dunlop, Inc., Annual General Meeting, Jun 05, 2013., at 10:00 Eastern Daylight. Location: Hilton Garden Inn. Agenda: To elect ten directors to serve one-year terms expiring at the 2014 annual meeting of stockholders; to ratify the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2013; and to transact such other business as may properly come before the annual meeting or any adjournment or postponement of the annual meeting.

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| WD:US | $17.85 USD | -0.20 | |
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Industry Analysis
WD
Industry Average
| Valuation | WD | Industry Range |
| Price/Earnings | 14.6x |
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| Price/Sales | 2.1x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 6.3x |
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| TEV/Sales | NM | Not Meaningful |
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