Western Asset Mortgage Capital

Company Profile

Western Asset Mortgage Capital had its IPO on 2012-05-10 under the ticker symbol WMC.

The company operates in the Real Estate sector and REIT-Mortgage industry. Western Asset Mortgage Capital has a staff strength of 1 employees.

Stock update

Shares of Western Asset Mortgage Capital opened at $10.47 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.47 - $10.75, and closed at $10.59.

This is a +0.67% increase from the previous day's closing price.

A total volume of 20,542 shares were traded at the close of the day’s session.

In the last one week, shares of Western Asset Mortgage Capital have slipped by -0.66%.

Western Asset Mortgage Capital's Key Ratios

Western Asset Mortgage Capital has a market cap of $63.52 million, indicating a price to book ratio of 0.5591 and a price to sales ratio of 1.5469.

In the last 12-months Western Asset Mortgage Capital’s revenue was $-21078000 with a gross profit of $-63485000 and an EBITDA of $0. The EBITDA ratio measures Western Asset Mortgage Capital's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Western Asset Mortgage Capital’s operating margin was 174.38% while its return on assets stood at -1.69% with a return of equity of -37.46%.

In Q2, Western Asset Mortgage Capital’s quarterly earnings growth was a negative -23.7% while revenue growth was a negative 99.3%.

Western Asset Mortgage Capital’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

1.73

Its diluted EPS in the last 12-months stands at $-7.12 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.73. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Western Asset Mortgage Capital’s profitability.

Western Asset Mortgage Capital stock is trading at a EV to sales ratio of 25.6388 and a EV to EBITDA ratio of 7.8752. Its price to sales ratio in the trailing 12-months stood at 1.5469.

Western Asset Mortgage Capital stock pays annual dividends of $1.5 per share, indicating a yield of 13.33% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.29 billion

Total Liabilities

$15.46 million

Operating Cash Flow

$38.34 million

Capital Expenditure

$0

Dividend Payout Ratio

0%

Western Asset Mortgage Capital ended 2024 with $2.29 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.29 billion while shareholder equity stood at $88.71 million.

Western Asset Mortgage Capital ended 2024 with $0 in deferred long-term liabilities, $15.46 million in other current liabilities, 60000.00 in common stock, $-829193000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $17.38 million and cash and short-term investments were $17.38 million. The company’s total short-term debt was $147,860,000 while long-term debt stood at $2.03 billion.

Western Asset Mortgage Capital’s total current assets stands at $28.27 million while long-term investments were $10.91 million and short-term investments were $0. Its net receivables were $21.00 million compared to accounts payable of $15.46 million and inventory worth $0.

In 2024, Western Asset Mortgage Capital's operating cash flow was $38.34 million while its capital expenditure stood at $0.

Comparatively, Western Asset Mortgage Capital paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.59

52-Week High

$12.0169

52-Week Low

$6.2279

Analyst Target Price

$17.5

Western Asset Mortgage Capital stock is currently trading at $10.59 per share. It touched a 52-week high of $12.0169 and a 52-week low of $12.0169. Analysts tracking the stock have a 12-month average target price of $17.5.

Its 50-day moving average was $9.85 and 200-day moving average was $8.94 The short ratio stood at 0.26 indicating a short percent outstanding of 0%.

Around 200.7% of the company’s stock are held by insiders while 3292.6% are held by institutions.