Exantas Capital Corp., a real estate investment trust, primarily focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States.
Fair value with imperfect balance sheet.
Share Price & News
How has Exantas Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XAN's share price has been volatile over the past 3 months.
7 Day Return
US Mortgage REITs
1 Year Return
US Mortgage REITs
Return vs Industry: XAN underperformed the US Mortgage REITs industry which returned -42.6% over the past year.
Return vs Market: XAN underperformed the US Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Exantas Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StNeed To Know: Exantas Capital Corp. (NYSE:XAN) Insiders Have Been Buying Shares
4 months ago | Simply Wall StDoes Exantas Capital's (NYSE:XAN) Share Price Gain of 45% Match Its Business Performance?
5 months ago | Simply Wall StHow Many Exantas Capital Corp. (NYSE:XAN) Shares Do Institutions Own?
Is Exantas Capital undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: XAN ($2.25) is trading below our estimate of fair value ($6.11)
Significantly Below Fair Value: XAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: XAN is unprofitable, so we can't compare its PE Ratio to the Mortgage REITs industry average.
PE vs Market: XAN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate XAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XAN is good value based on its PB Ratio (0.2x) compared to the US Mortgage REITs industry average (0.6x).
How is Exantas Capital forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: XAN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: XAN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: XAN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: XAN's revenue (0.9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: XAN's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if XAN's Return on Equity is forecast to be high in 3 years time
How has Exantas Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XAN is currently unprofitable.
Growing Profit Margin: XAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: XAN is unprofitable, and losses have increased over the past 5 years at a rate of -11.4% per year.
Accelerating Growth: Unable to compare XAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XAN is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-42.8%).
Return on Equity
High ROE: XAN has a negative Return on Equity (-49.24%), as it is currently unprofitable.
How is Exantas Capital's financial position?
Financial Position Analysis
Short Term Liabilities: XAN's short term assets ($2.0B) exceed its short term liabilities ($197.9M).
Long Term Liabilities: XAN's short term assets ($2.0B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: XAN's debt to equity ratio (507.6%) is considered high.
Reducing Debt: XAN's debt to equity ratio has increased from 203.8% to 507.6% over the past 5 years.
Debt Coverage: XAN's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: Insufficient data to determine if XAN's interest payments on its debt are well covered by EBIT.
What is Exantas Capital current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate XAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate XAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if XAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if XAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: XAN is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of XAN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Lieber (66yo)
Mr. Robert Cross Lieber serves as Chief Executive Officer of Exantas Capital Manager Inc. Mr. Robert C. Lieber, also known as Bob, has been the Chief Executive Officer of Exantas Capital Corp.(also known a ...
|Chief Executive Officer||3.83yrs||US$150.61k||0.30% $213.9k|
|Senior VP||14.08yrs||US$760.85k||0.33% $237.6k|
|Executive Vice President of Finance & Operations||3.42yrs||US$449.43k||0.39% $281.2k|
|VP & Chief Accounting Officer||6.33yrs||US$327.91k||0.051% $36.7k|
|Senior Vice President of Corporate Finance & Investor Relations Officer||no data||no data||no data|
|Chief Legal Officer||3.83yrs||no data||0.082% $58.7k|
|Senior Vice President of Real Estate Investments||15.33yrs||no data||no data|
|Senior Vice President - Real Estate Investments||15.33yrs||US$182.00k||no data|
|Senior Vice President||15.33yrs||no data||no data|
Experienced Management: XAN's management team is seasoned and experienced (6.3 years average tenure).
|Chairman of the Board||3.83yrs||no data||0.62% $439.3k|
|Independent Director||3.08yrs||US$123.07k||0.084% $60.0k|
|Independent Director||15.33yrs||US$143.56k||0.088% $62.5k|
|Director||3.83yrs||no data||0.38% $269.4k|
|Independent Director||10.67yrs||US$126.80k||0.18% $126.6k|
|Independent Director||15.33yrs||US$113.12k||0.33% $233.7k|
|Independent Director||15.33yrs||US$108.12k||0.10% $72.0k|
|Independent Director||13.42yrs||US$153.82k||0.089% $63.7k|
Experienced Board: XAN's board of directors are seasoned and experienced ( 12 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Exantas Capital Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Exantas Capital Corp.
- Ticker: XAN
- Exchange: NYSE
- Founded: 2005
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Market Cap: US$71.304m
- Shares outstanding: 31.69m
- Website: https://www.exantas.com
Number of Employees
- Exantas Capital Corp.
- 717 Fifth Avenue
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|XAN||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 2006|
|R9L1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2006|
|XAN.PRC||NYSE (New York Stock Exchange)||8.625% CUM PFD C||US||USD||Jun 2014|
Exantas Capital Corp., a real estate investment trust, primarily focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States. It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial real estate equity investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. It generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income. The company was formerly known as Resource Capital Corp. and changed its name to Exantas Capital Corp. in May 2018. Exantas Capital Corp. was founded in 2005 and is based in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 00:00|
|End of Day Share Price||2020/07/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.