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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:WMC

Western Asset Mortgage Capital Stock Forecast, Price & News

$1.29
+0.02 (+1.57%)
(As of 06/24/2022 06:40 PM ET)
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Today's Range
$1.26
$1.29
50-Day Range
$1.18
$1.54
52-Week Range
$1.10
$3.54
Volume
207,200 shs
Average Volume
370,206 shs
Market Capitalization
$77.89 million
P/E Ratio
N/A
Dividend Yield
12.40%
Price Target
$2.00
30 days | 90 days | 365 days | Advanced Chart

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WMC Stock Forecast (MarketRank)

Overall MarketRank

2.71 out of 5 stars

Finance Sector

348th out of 1,356 stocks

Real Estate Investment Trusts Industry

61st out of 233 stocks

Analyst Opinion: 3.0Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
Western Asset Mortgage Capital logo

About Western Asset Mortgage Capital (NYSE:WMC)

Western 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. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Salt Lake City, Utah.

WMC Stock News Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
95790D10
Fax
N/A
Employees
N/A
Year Founded
N/A

Company Calendar

Ex-Dividend for 4/26 Dividend
4/01/2022
Dividend Payable
4/26/2022
Last Earnings
5/05/2022
Today
6/27/2022
Ex-Dividend for 7/25 Dividend
6/30/2022
Dividend Payable
7/25/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$2.00
High Stock Price Forecast
$2.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+55.0%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
2 Analysts

Profitability

Net Income
$-48.95 million
Pretax Margin
-52.05%

Debt

Quick Ratio
1,098.13

Sales & Book Value

Annual Sales
$164.07 million
Cash Flow
$0.36 per share
Book Value
$3.36 per share

Miscellaneous

Free Float
59,897,000
Market Cap
$77.89 million
Optionable
Optionable
Beta
1.95














Western Asset Mortgage Capital Frequently Asked Questions

Should I buy or sell Western Asset Mortgage Capital stock right now?

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.
View analyst ratings for Western Asset Mortgage Capital
or view top-rated stocks.

What is Western Asset Mortgage Capital's stock price forecast for 2022?

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.
View analysts' price targets for Western Asset Mortgage Capital
or view top-rated stocks among Wall Street analysts.

How has Western Asset Mortgage Capital's stock price performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Western Asset Mortgage Capital?

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
.

When is Western Asset Mortgage Capital's next earnings date?

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
.

How were Western Asset Mortgage Capital's earnings last quarter?

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
.

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 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
.

Is Western Asset Mortgage Capital a good dividend stock?

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.

Who are Western Asset Mortgage Capital's key executives?

Western Asset Mortgage Capital's management team includes the following people:

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."

Who are Western Asset Mortgage Capital's major shareholders?

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
.

Which major investors are selling Western Asset Mortgage Capital stock?

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.

Which major investors are buying Western Asset Mortgage Capital stock?

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.

How do I buy shares of Western Asset Mortgage Capital?

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.
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 $1.29.

How much money does Western Asset Mortgage Capital make?

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.

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 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].

This page (NYSE:WMC) was last updated on 6/27/2022 by MarketBeat.com Staff

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