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
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|
| Revenue | 92.70 | 49.79 | 106 | -0.61 | 13.00 | 119 | -13.60 |
| Revenue Growth | 86.17% | -53.18% | - | - | -89.12% | - | - |
| Gross Profit | 92.70 | 49.79 | 106 | -0.61 | 13.00 | 119 | -13.60 |
| Operating Income | 71.76 | 27.12 | 88.58 | -21.86 | -9.48 | 101 | -27.86 |
| Net Income | 70.70 | 26.41 | 85.10 | -25.02 | -9.48 | 101 | -27.86 |
| Shares Outstanding | 53.22 | 48.12 | 41.92 | 41.92 | 41.92 | 41.72 | 24.30 |
| Earnings Per Share | 1.37 | 0.61 | 2.03 | -0.61 | -0.25 | 2.67 | -1.19 |
| EPS Growth | 124.59% | -69.95% | - | - | - | - | - |
| Dividend Per Share | 1.24 | 1.24 | 1.24 | 1.38 | 2.49 | 2.74 | 3.55 |
| Dividend Growth | 0% | 0% | -10.14% | -44.58% | -9.12% | -22.82% | - |
| Operating Cash Flow | -52.24 | 107 | 59.38 | 11.55 | 134 | 107 | 179 |
| Free Cash Flow | -52.24 | 107 | 59.38 | 11.55 | 134 | 107 | 179 |
| Cash & Equivalents | 84.28 | 77.80 | 48.02 | 46.17 | 24.71 | 47.22 | 48.53 |
| Total Debt | 4,500 | 3,879 | 3,371 | 2,166 | 2,597 | 3,876 | 2,579 |
| Net Cash / Debt | -4,415 | -3,801 | -3,323 | -2,120 | -2,572 | -3,828 | -2,531 |
| Assets | 5,161 | 4,497 | 3,887 | 3,156 | 3,414 | 4,909 | 3,095 |
| Liabilities | 4,597 | 3,994 | 3,421 | 2,726 | 2,903 | 4,286 | 2,685 |
| Book Value | 564 | 503 | 466 | 430 | 512 | 623 | 410 |
Numbers in millions USD, except per-share numbers.
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.