Forecast

The analysts' average price target is €17.21 (+117.85%). The median is €17.21 (+117.85%).

Buy	1
Hold	11
Sell	2

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Western Asset plans merger of two municipal funds (SBI into MMU)

The boards of the Western Asset Intermediate Muni Fund (SBI) and the Western Asset Managed Municipals Fund (MMU) have approved a planned merger of SBI into MMU. The transaction, expected in the fourth quarter of 2026, is subject to approval by SBI shareholders; SBI common shareholders would be exchanged for MMU common shares, and VRDPS holders would receive corresponding VRDPS of MMU. The merger aims to achieve scale and operational efficiencies which, in the boards' view, would not dilute net asset value or shareholders' liquidation preferences. The funds, managed by Franklin Templeton with Western Asset as sub-advisor, will file a combined proxy and prospectus document with the SEC. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2023, WESTRN ASS.MORT.CA.NEW Aktie has already paid €1.56 in dividends. The last payout was in December 2023.

Financials

In the last year, WESTRN ASS.MORT.CA.NEW Aktie had revenue of -€59.05M and net profit of -€79.68M

(EUR)	2022	YoY
Revenue	-59.05M	126.78%
Gross profit	-64.93M	114.95%
Net profit	-79.68M	81.70%
EBITDA	58.37M	0.59%

Fundamentals

Metric	Value
Market capitalization	€47.78M
Number of shares	6.05M
52-week high/low	€10.01 - €6.73
Dividends	No
Beta	1.71
P/E ratio	-0.65
PEG ratio	0.00
P/B ratio	0.58
P/S ratio	-0.88

Company profile

Western Asset Mortgage Capital Corporation ist ein Immobilien-Investmentfonds. Sie investiert in, erwirbt und verwaltet ein Portfolio von Vermögenswerten mit Schwerpunkt auf Investitionen in Wohnimmobilien, einschließlich nicht-qualifizierter Hypothekendarlehen, non-agency residential mortgage-backed securities (RMBS) und anderer damit verbundener Investitionen. Das Unternehmen ist für die Zwecke der Bundeseinkommenssteuer als Real Estate Investment Trust qualifiziert. Es unterliegt im Allgemeinen nicht der Körperschaftssteuer auf Bundesebene, wenn es mindestens 90 % seines steuerpflichtigen Einkommens an seine Aktionäre ausschüttet. Western Asset Mortgage Capital Corporation wurde im Jahr 2009 gegründet und hat seinen Sitz in Salt Lake City, Utah.

Name	WESTRN ASS.MORT.CA.NEW Aktie
CEO	Bonnie Wongtrakool
Headquarters	Salt Lake City, ut USA
Website	westernassetmcc.com
Sector	Industrials
Industry	Commercial Services & Supplies
IPO	05/11/2012
Employees	1