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 $8.6 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $8.6 - $9, and closed at $9.

This is a +5.63% increase from the previous day's closing price.

A total volume of 39,195 shares were traded at the close of the day’s session.

In the last one week, shares of Western Asset Mortgage Capital have increased by +8.96%.

Western Asset Mortgage Capital's Key Ratios

Western Asset Mortgage Capital has a market cap of $57.40 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 $-36841000 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 141.67% while its return on assets stood at -2.2% with a return of equity of -42.84%.

In Q1, 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 $-9.48 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 $1.55 per share, indicating a yield of 16.43% and a payout ratio of 103.33%.

Balance sheet and cash flow metrics

Total Assets

$2.41 billion

Total Liabilities

$15.28 million

Operating Cash Flow

$59.57 million

Capital Expenditure

$0

Dividend Payout Ratio

103.33%

Western Asset Mortgage Capital ended 2023 with $2.41 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.41 billion while shareholder equity stood at $99.36 million.

Western Asset Mortgage Capital ended 2023 with $0 in deferred long-term liabilities, $15.28 million in other current liabilities, 60000.00 in common stock, $-818405000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $16.15 million and cash and short-term investments were $16.15 million. The company’s total short-term debt was $0 while long-term debt stood at $2.12 billion.

Western Asset Mortgage Capital’s total current assets stands at $27.33 million while long-term investments were $112.83 million and short-term investments were $0. Its net receivables were $37.45 million compared to accounts payable of $15.28 million and inventory worth $0.

In 2023, Western Asset Mortgage Capital's operating cash flow was $59.57 million while its capital expenditure stood at $0.

Comparatively, Western Asset Mortgage Capital paid $1.03 in dividends in 2023.

Other key metrics

Current Trading Price

$9

52-Week High

$14.1477

52-Week Low

$6.4711

Analyst Target Price

$17.5

Western Asset Mortgage Capital stock is currently trading at $9 per share. It touched a 52-week high of $14.1477 and a 52-week low of $14.1477. Analysts tracking the stock have a 12-month average target price of $17.5.

Its 50-day moving average was $8.53 and 200-day moving average was $9.42 The short ratio stood at 5.39 indicating a short percent outstanding of 0%.

Around 143.7% of the company’s stock are held by insiders while 3359.2% are held by institutions.