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Western Asset Mortgage Capital Corporation (WMC)

Stock Price: $2.35 USD 0.13 (5.86%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed
After-hours: $2.38 +0.03 (1.28%) Aug 10, 7:52 PM

Stock Price Chart

Key Info

Market Cap 128.73M
Revenue (ttm) -324.62M
Net Income (ttm) -339.03M
Shares Out 54.78M
EPS (ttm) -6.82
PE Ratio n/a
Forward PE n/a
Dividend $1.24
Dividend Yield 52.77%

Stock Quote

Trading Day Aug 10, 2020
Last Price $2.35
Previous Close $2.22
Change ($) 0.13
Change (%) 5.86%
Day's Open 2.21
Day's Range 2.21 - 2.40
Day's Volume 1,200,707
52-Week Range 1.37 - 11.33

More Stats

Market Cap 128.73M
Enterprise Value 2.98B
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date n/a
Shares Outstanding 54.78M
Float 55.85M
EPS (basic) -6.35
EPS (diluted) -6.82
FCF / Share -3.63
Dividend $1.24
Dividend Yield 52.77%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 4.45M
Short Ratio 2.56
Short % of Float 9.47%
Beta 1.55
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio n/a
PB Ratio 0.69
Revenue -324.62M
Operating Income -338.08M
Net Income -339.03M
Free Cash Flow -194.01M
Net Cash -2.85B
Net Cash / Share -51.98
Gross Margin -28.56%
Operating Margin 104.14%
Profit Margin 106.70%
FCF Margin 59.76%
ROA -9.35%
ROE -97.62%
ROIC -3.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 0
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$2.88*
(22.55% upside)
Low
2.75
Current: $2.35
High
3.00
Target: 2.88
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013
Revenue92.7049.79106-0.6113.00119-13.60
Revenue Growth86.17%-53.18%---89.12%--
Gross Profit92.7049.79106-0.6113.00119-13.60
Operating Income71.7627.1288.58-21.86-9.48101-27.86
Net Income70.7026.4185.10-25.02-9.48101-27.86
Shares Outstanding53.2248.1241.9241.9241.9241.7224.30
Earnings Per Share1.370.612.03-0.61-0.252.67-1.19
EPS Growth124.59%-69.95%-----
Dividend Per Share1.241.241.241.382.492.743.55
Dividend Growth0%0%-10.14%-44.58%-9.12%-22.82%-
Operating Cash Flow-52.2410759.3811.55134107179
Free Cash Flow-52.2410759.3811.55134107179
Cash & Equivalents84.2877.8048.0246.1724.7147.2248.53
Total Debt4,5003,8793,3712,1662,5973,8762,579
Net Cash / Debt-4,415-3,801-3,323-2,120-2,572-3,828-2,531
Assets5,1614,4973,8873,1563,4144,9093,095
Liabilities4,5973,9943,4212,7262,9034,2862,685
Book Value564503466430512623410
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Western Asset Mortgage Capital Corporation
Country United States
CEO Jennifer Williams Murphy

Stock Information

Ticker Symbol WMC
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: WMC
IPO Date May 10, 2012

Description

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on acquiring, investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, residential bridge loans, securitized commercial loans, and other financial assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2009 and is based in Pasadena, California.