Western Asset Mortgage Capital Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Asset Mortgage Capital in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Western Asset Mortgage Capital stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WMC, but not buy additional shares or sell existing shares.
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2 brokers have issued twelve-month price targets for Western Asset Mortgage Capital's stock. Their WMC stock forecasts range from $2.00 to $2.00. On average, they predict Western Asset Mortgage Capital's share price to reach $2.00 in the next year. This suggests a possible upside of 55.0% from the stock's current price.
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Western Asset Mortgage Capital's stock was trading at $2.11 at the start of the year. Since then, WMC shares have decreased by 38.9% and is now trading at $1.29.
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Western Asset Mortgage Capital saw a decline in short interest in May. As of May 31st, there was short interest totaling 447,200 shares, a decline of 29.9% from the May 15th total of 637,800 shares. Based on an average daily volume of 342,400 shares, the short-interest ratio is currently 1.3 days. Currently, 0.8% of the company's stock are short sold.
View Western Asset Mortgage Capital's Short Interest.

Western Asset Mortgage Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Western Asset Mortgage Capital.

Western Asset Mortgage Capital Co. (NYSE:WMC) issued its earnings results on Thursday, May, 5th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.05. Western Asset Mortgage Capital had a negative net margin of 53.54% and a positive trailing twelve-month return on equity of 3.94%. During the same quarter last year, the business posted $0.10 EPS.
View Western Asset Mortgage Capital's earnings history.

Western Asset Mortgage Capital announced a quarterly dividend on Tuesday, June 21st. Investors of record on Friday, July 1st will be paid a dividend of $0.04 per share on Monday, July 25th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 12.40%. The ex-dividend date is Thursday, June 30th.
View Western Asset Mortgage Capital's dividend history.

Western Asset Mortgage Capital(NYSE:WMC) pays an annual dividend of $0.16 per share and currently has a dividend yield of 12.40%. WMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Western Asset Mortgage Capital's dividend history.

Some companies that are related to Western Asset Mortgage Capital include Annaly Capital Management (NLY), Starwood Property Trust (STWD), AGNC Investment (AGNC), Chimera Investment (CIM), Two Harbors Investment (TWO), Apollo Commercial Real Estate Finance (ARI), PennyMac Mortgage Investment Trust (PMT), MFA Financial (MFA), Ready Capital (RC), New York Mortgage Trust (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ares Commercial Real Estate (ACRE), Dynex Capital (DX) and Invesco Mortgage Capital (IVR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Mortgage Capital investors own include New Residential Investment (NRZ), New York Mortgage Trust (NYMT), CBL & Associates Properties (CBL), CVR Refining (CVRR), (HCLP) (HCLP), DHT (DHT), Two Harbors Investment (TWO), SunCoke Energy Partners (SXCP), SEASPAN CORP/SH SH (SSW) and NGL Energy Partners (NGL).

Western Asset Mortgage Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMC."

Western Asset Mortgage Capital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (2.91%), Vanguard Group Inc. (2.49%), BlackRock Inc. (1.99%), Victory Capital Management Inc. (0.55%), AE Wealth Management LLC (0.38%) and Teamwork Financial Advisors LLC (0.38%). Company insiders that own Western Asset Mortgage Capital stock include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Harris Trifon, Jennifer Murphy, Lisa Meyer and Sean O Johnson.
View institutional ownership trends for Western Asset Mortgage Capital.

WMC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Group One Trading L.P., Invesco Ltd., Bank of New York Mellon Corp, JPMorgan Chase & Co., AE Wealth Management LLC, and Teamwork Financial Advisors LLC.
View insider buying and selling activity for Western Asset Mortgage Capital or view top insider-selling stocks.

WMC stock was acquired by a variety of institutional investors in the last quarter, including Beach Point Capital Management LP, Renaissance Technologies LLC, Jane Street Group LLC, Goldman Sachs Group Inc., and Victory Capital Management Inc.. Company insiders that have bought Western Asset Mortgage Capital stock in the last two years include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Jennifer Murphy, Lisa Meyer, and Sean O Johnson.
View insider buying and selling activity for Western Asset Mortgage Capital or or view top insider-buying stocks.

Shares of WMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WMC stock can currently be purchased for approximately $1.29.

Western Asset Mortgage Capital (NYSE:WMC) has a market capitalization of $77.89 million and generates $164.07 million in revenue each year. The financial services provider earns $-48.95 million in net income (profit) each year or ($1.360010) on an earnings per share basis.

Western Asset Mortgage Capital's mailing address is 385 East Colorado Boulevard, Pasadena CA, 91101. The official website for Western Asset Mortgage Capital is www.westernassetmcc.com. The financial services provider can be reached via phone at (626) 844-9400 or via email at [email protected].