NYSE:WMC Western Asset Mortgage Capital (WMC) Stock Forecast, Price & News $8.44 -0.11 (-1.29%) (As of 02:31 PM ET) Add Compare Share Share Today's Range$8.42▼$8.6350-Day Range$8.52▼$10.8252-Week Range$7.00▼$11.84Volume11,310 shsAverage Volume30,042 shsMarket Capitalization$50.98 millionP/E RatioN/ADividend Yield16.59%Price Target$17.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Western Asset Mortgage Capital MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside107.1% Upside$17.50 Price TargetShort InterestHealthy0.12% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsFinance Sector471st out of 857 stocksReal Estate Investment Trusts Industry101st out of 181 stocks 3.5 Analyst's Opinion Consensus RatingWestern Asset Mortgage Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.50, Western Asset Mortgage Capital has a forecasted upside of 107.1% from its current price of $8.45.Amount of Analyst CoverageWestern Asset Mortgage Capital has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.12% of the float of Western Asset Mortgage Capital has been sold short.Short Interest Ratio / Days to CoverWestern Asset Mortgage Capital has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Western Asset Mortgage Capital has recently decreased by 48.20%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Asset Mortgage Capital is a leading dividend payer. It pays a dividend yield of 15.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Asset Mortgage Capital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WMC. Previous Next 3.3 News and Social Media Coverage News SentimentWestern Asset Mortgage Capital has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Western Asset Mortgage Capital this week, compared to 0 articles on an average week.Search Interest2 people have searched for WMC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Western Asset Mortgage Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Asset Mortgage Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Western Asset Mortgage Capital is held by insiders.Percentage Held by InstitutionsOnly 14.66% of the stock of Western Asset Mortgage Capital is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Asset Mortgage Capital is -1.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Asset Mortgage Capital is -1.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioWestern Asset Mortgage Capital has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Western Asset Mortgage Capital (NYSE:WMC) StockWestern Asset Mortgage Capital Corporation operates as a real estate investment trust. It invests in, acquires, and manages a portfolio of assets with a focus on residential real estate related investments, including non-qualified mortgage loans, non-agency residential mortgage-backed securities (RMBS), and other related investments. The company qualifies as a real estate investment trust for federal income tax purposes. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Pasadena, California.Read More WMC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WMC Stock News HeadlinesSeptember 29, 2023 | finance.yahoo.comDelving into Western Asset Mortgage Capital Corp's Dividend PerformanceSeptember 27, 2023 | americanbankingnews.comWestern Asset Mortgage Capital (NYSE:WMC) Now Covered by Analysts at StockNews.comOctober 4, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”August 12, 2023 | businesswire.comWESTERN ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Asset ...August 10, 2023 | uk.finance.yahoo.comQ2 2023 Western Asset Mortgage Capital Corp Earnings CallAugust 9, 2023 | benzinga.comWMC Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Western Asset Mortgage Capital Corporation Is Fair to ShareholdersAugust 9, 2023 | finance.yahoo.comTerra Property Trust Issues Statement Regarding Terminated Transaction with Western Asset Mortgage Capital CorporationAugust 8, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Second Quarter 2023 ResultsOctober 4, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”August 3, 2023 | finance.yahoo.comTerra Property Trust tops Angelo Gordon-backed REIT's bid for Western Asset Mortgage -letterJuly 28, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Board Determines AG Mortgage Investment Trust, Inc. Proposal Is Superior to Terra Property Trust, Inc. Merger AgreementJuly 18, 2023 | msn.comWestern Asset Mortgage to start merger talks with AG Mortgage InvestmentJuly 13, 2023 | msn.comAG Mortgage Investment offers to acquire Western Asset Mortgage for $9.88/shareJuly 10, 2023 | markets.businessinsider.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates KDNY, WMC, IMNM, AJXJuly 5, 2023 | fool.comWestern Asset Mortgage Capital (NYSE: WMC)June 30, 2023 | businesswire.comWESTERN ASSET THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Western Asset Mortgage Capital Corporation ...June 28, 2023 | benzinga.comSHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Western Asset Mortgage Capital Corporation MergerJune 28, 2023 | benzinga.comWMC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Western Asset Mortgage Capital Corporation Is Fair to ShareholdersMay 30, 2023 | finance.yahoo.comWMC - Western Asset Mortgage Capital CorporationMay 4, 2023 | msn.comWestern Asset Mortgage Capital Non-GAAP EPS of $0.36May 4, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces First Quarter 2023 ResultsMarch 6, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation (NYSE:WMC) Q4 2022 Earnings Call TranscriptMarch 5, 2023 | seekingalpha.comWestern Asset Mortgage Capital Corporation 2022 Q4 - Results - Earnings Call PresentationMarch 5, 2023 | seekingalpha.comWestern Asset Mortgage Capital Corporation (WMC) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2022 ResultsMarch 2, 2023 | seekingalpha.comWestern Asset Mortgage Capital Non-GAAP EPS of $0.33, Net interest income of $4.77MFebruary 10, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation to Report Fourth Quarter and Full Year 2022 Financial ResultsSee More Headlines Receive WMC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Asset Mortgage Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address WMC Company Calendar Last Earnings8/04/2022Ex-Dividend for 7/26 Dividend6/30/2023Dividend Payable7/26/2023Ex-Dividend for 10/26 Dividend9/29/2023Today10/04/2023Dividend Payable10/26/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:WMC CUSIP95790D10 CIK1465885 Webwww.westernassetmcc.com Phone(626) 844-9400FaxN/AEmployees1Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.50 High Stock Price Forecast$17.50 Low Stock Price Forecast$17.50 Forecasted Upside/Downside+105.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($7.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-89,080,000.00 Net Margins-26.07% Pretax Margin-25.97% Return on Equity8.17% Return on Assets0.32% Debt Debt-to-Equity Ratio24.54 Current Ratio415.82 Quick Ratio415.82 Sales & Book Value Annual Sales$158.72 million Price / Sales0.32 Cash Flow$2.11 per share Price / Cash Flow4.04 Book Value$15.70 per share Price / Book0.54Miscellaneous Outstanding Shares6,040,000Free Float5,941,000Market Cap$51.46 million OptionableOptionable Beta1.64 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. James William Hirschmann III (Age 62)Chairman Mr. Robert Lehman (Age 62)Chief Financial Officer Comp: $341.78kMr. Elliott Neumayer (Age 42)Chief Operating Officer Mr. Sean O. Johnson C.F.A. (Age 56)Deputy Chief Investment Officer Ms. Bonnie Wongtrakool C.F.A. (Age 49)CEO & Director Mr. Greg Handler C.F.A. (Age 42)Chief Investment Officer Mr. Larry Clark CFAInvestor Relations ContactMr. Charles Antony Ruys de Perez J.D. (Age 65)Sec. Adam C. E. WrightAssistant Sec.More ExecutivesKey CompetitorsAG Mortgage Investment TrustNYSE:MITTGlobal Self StorageNASDAQ:SELFManhattan Bridge CapitalNASDAQ:LOANACRES Commercial RealtyNYSE:ACRSotherly HotelsNASDAQ:SOHOView All CompetitorsInstitutional OwnershipCitadel Advisors LLCBought 390 shares on 8/15/2023Ownership: 0.000%BlackRock Inc.Bought 2,524 shares on 8/11/2023Ownership: 1.989%Geode Capital Management LLCBought 15,699 shares on 8/11/2023Ownership: 1.087%Renaissance Technologies LLCSold 13,017 shares on 8/11/2023Ownership: 1.025%Saltoro Capital LPBought 82,587 shares on 8/9/2023Ownership: 1.367%View All Institutional Transactions WMC Stock - Frequently Asked Questions Should I buy or sell Western Asset Mortgage Capital stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Asset Mortgage Capital in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WMC shares. View WMC analyst ratings or view top-rated stocks. What is Western Asset Mortgage Capital's stock price forecast for 2023? 1 equities research analysts have issued 12-month price targets for Western Asset Mortgage Capital's stock. Their WMC share price forecasts range from $17.50 to $17.50. On average, they expect the company's share price to reach $17.50 in the next year. This suggests a possible upside of 105.4% from the stock's current price. View analysts price targets for WMC or view top-rated stocks among Wall Street analysts. How have WMC shares performed in 2023? Western Asset Mortgage Capital's stock was trading at $9.11 at the start of the year. Since then, WMC shares have decreased by 6.5% and is now trading at $8.52. View the best growth stocks for 2023 here. Are investors shorting Western Asset Mortgage Capital? Western Asset Mortgage Capital saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 7,200 shares, a drop of 48.2% from the August 31st total of 13,900 shares. Based on an average daily volume of 36,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company's shares are short sold. View Western Asset Mortgage Capital's Short Interest. When is Western Asset Mortgage Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our WMC earnings forecast. How were Western Asset Mortgage Capital's earnings last quarter? Western Asset Mortgage Capital Co. (NYSE:WMC) issued its quarterly earnings data on Thursday, August, 4th. The financial services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. Western Asset Mortgage Capital had a negative net margin of 26.07% and a positive trailing twelve-month return on equity of 8.17%. During the same period last year, the firm posted $0.50 EPS. How often does Western Asset Mortgage Capital pay dividends? What is the dividend yield for Western Asset Mortgage Capital? Western Asset Mortgage Capital announced a quarterly dividend on Thursday, September 21st. Shareholders of record on Monday, October 2nd will be paid a dividend of $0.35 per share on Thursday, October 26th. This represents a $1.40 annualized dividend and a dividend yield of 16.43%. The ex-dividend date of this dividend is Friday, September 29th. Read our dividend analysis for WMC. Is Western Asset Mortgage Capital a good dividend stock? Western Asset Mortgage Capital (NYSE:WMC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 15.50%. WMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for WMC. When did Western Asset Mortgage Capital's stock split? Western Asset Mortgage Capital's stock reverse split on Monday, July 11th 2022. The 1-10 reverse split was announced on Monday, July 11th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, July 11th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What other stocks do shareholders of Western Asset Mortgage Capital own? 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). What is Western Asset Mortgage Capital's stock symbol? Western Asset Mortgage Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMC." How do I buy shares of Western Asset Mortgage Capital? Shares of WMC stock 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. Compare Top Brokerages Here. What is Western Asset Mortgage Capital's stock price today? One share of WMC stock can currently be purchased for approximately $8.52. How much money does Western Asset Mortgage Capital make? Western Asset Mortgage Capital (NYSE:WMC) has a market capitalization of $51.46 million and generates $158.72 million in revenue each year. The financial services provider earns $-89,080,000.00 in net income (profit) each year or ($7.14) on an earnings per share basis. How can I contact Western Asset Mortgage Capital? Western Asset Mortgage Capital's mailing address is 385 East Colorado Boulevard, Pasadena CA, 91101. The official website for the company is www.westernassetmcc.com. The financial services provider can be reached via phone at (626) 844-9400 or via email at lclark@finprofiles.com. This page (NYSE:WMC) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Western Asset Mortgage Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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