Western Asset Mortgage Capital Corporation Company Profile (NYSE:WMC)

About Western Asset Mortgage Capital Corporation (NYSE:WMC)

Western Asset Mortgage Capital Corporation logoWestern Asset Mortgage Capital Corporation is a real estate investment trust. The Company is focused on investing in, financing and managing a diversified portfolio of real estate-related securities, whole-loans and other financial assets. The Company's portfolio includes Agency residential mortgage-backed securities (RMBS), including Mortgage pass-through certificates, Agency derivatives, Agency Interest-Only Strips and Agency collateralized mortgage obligations (CMOs); Non-Agency RMBS, and Agency commercial mortgage-backed securities (CMBS), Non-Agency CMBS, Non United States CMBS and asset-backed securities (ABS), as well as Residential and Commercial Whole-Loans. The Company may utilize to-be-announced forward contracts (TBAs), in order to invest in Agency RMBS. The Company's manager is Western Asset Management Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage REITs
  • Sub-Industry: Mortgage REITs
  • Symbol: NYSE:WMC
  • CUSIP: 95790D10
  • Web: www.westernassetmcc.com
Capitalization:
  • Market Cap: $445.19 million
  • Outstanding Shares: 41,919,000
Average Prices:
  • 50 Day Moving Avg: $10.56
  • 200 Day Moving Avg: $10.38
  • 52 Week Range: $9.43 - $11.18
P/E:
  • Trailing P/E Ratio: 12.94
  • Foreward P/E Ratio: 7.27
  • P/E Growth: 1.74
Sales & Book Value:
  • Annual Revenue: $59.85 million
  • Price / Sales: 7.44
  • Book Value: $10.64 per share
  • Price / Book: 1.00
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 11.7%
Profitability:
  • Net Margins: 27.34%
  • Return on Equity: 5.97%
  • Return on Assets: 0.83%
Debt:
  • Debt-to-Equity Ratio: 6.31%
  • Current Ratio: 199.29%
  • Quick Ratio: 199.29%
Misc:
  • Average Volume: 265,043 shs.
  • Beta: 0.71
  • Short Ratio: 4.86
 

Frequently Asked Questions for Western Asset Mortgage Capital Corporation (NYSE:WMC)

What is Western Asset Mortgage Capital Corporation's stock symbol?

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

How often does Western Asset Mortgage Capital Corporation pay dividends? What is the dividend yield for Western Asset Mortgage Capital Corporation?

Western Asset Mortgage Capital Corporation declared a quarterly dividend on Thursday, September 21st. Investors of record on Monday, October 2nd will be given a dividend of $0.31 per share on Thursday, October 26th. This represents a $1.24 dividend on an annualized basis and a yield of 11.68%. The ex-dividend date is Friday, September 29th. View Western Asset Mortgage Capital Corporation's Dividend History.

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

Western Asset Mortgage Capital Corporation (NYSE:WMC) issued its quarterly earnings results on Wednesday, November, 2nd. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.06. The firm had revenue of $21.47 million for the quarter, compared to the consensus estimate of $6.12 million. Western Asset Mortgage Capital Corporation had a net margin of 27.34% and a return on equity of 5.97%. During the same quarter in the previous year, the company posted $0.54 EPS. View Western Asset Mortgage Capital Corporation's Earnings History.

When will Western Asset Mortgage Capital Corporation make its next earnings announcement?

Western Asset Mortgage Capital Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Western Asset Mortgage Capital Corporation.

Where is Western Asset Mortgage Capital Corporation's stock going? Where will Western Asset Mortgage Capital Corporation's stock price be in 2017?

2 analysts have issued 1 year target prices for Western Asset Mortgage Capital Corporation's stock. Their forecasts range from $10.00 to $10.00. On average, they expect Western Asset Mortgage Capital Corporation's share price to reach $10.00 in the next year. View Analyst Ratings for Western Asset Mortgage Capital Corporation.

Who are some of Western Asset Mortgage Capital Corporation's key competitors?

Who are Western Asset Mortgage Capital Corporation's key executives?

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

  • James W. Hirschmann III, Chairman of the Board
  • Gavin Lewis James, President
  • Jennifer W. Murphyto, Chief Executive Officer
  • Lisa Meyer, Chief Financial Officer
  • Elliott Neumayer, Chief Operating Officer
  • Anup Agarwal, Chief Investment Officer
  • Steven M. Sherwyn, Treasurer
  • M. Christian Mitchell, Lead Independent Director
  • Edward D. Fox Jr., Independent Director
  • Ranjit M. Kripalani, Independent Director

How do I buy Western Asset Mortgage Capital Corporation stock?

Shares of Western Asset Mortgage Capital Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Western Asset Mortgage Capital Corporation's stock price today?

One share of Western Asset Mortgage Capital Corporation stock can currently be purchased for approximately $10.62.


MarketBeat Community Rating for Western Asset Mortgage Capital Corporation (NYSE WMC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  357
MarketBeat's community ratings are surveys of what our community members think about Western Asset Mortgage Capital Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Western Asset Mortgage Capital Corporation (NYSE:WMC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $10.00 (5.84% downside)
Consensus Price Target History for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Price Target History for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Analysts' Ratings History for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/25/2017JMP SecuritiesInitiated CoverageMkt Perform -> Market PerformLowView Rating Details
1/5/2017WunderlichDowngradeBuy -> Hold$11.50 -> $10.00N/AView Rating Details
8/17/2016Citigroup Inc.Boost Price TargetNeutral$9.00 -> $10.00N/AView Rating Details
8/11/2016Bank of America CorporationSet Price TargetHold$9.50 -> $11.00N/AView Rating Details
8/10/2016Deutsche Bank AGBoost Price TargetHold$9.75 -> $10.00N/AView Rating Details
4/11/2016Wells Fargo & CompanyDowngradeMarket Perform -> UnderperformN/AView Rating Details
12/3/2015J P Morgan Chase & CoReiterated RatingNeutral$14.00 -> $13.00N/AView Rating Details
11/13/2015Keefe, Bruyette & WoodsLower Price TargetMarket Perform$12.50 -> $12.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Earnings by Quarter for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Earnings History by Quarter for Western Asset Mortgage Capital Corporation (NYSE WMC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.33N/AView Earnings Details
3/6/2017Q4 2016$0.32$0.42$22.08 million$26.73 millionViewListenView Earnings Details
11/2/2016Q316$0.29$0.35$6.12 million$21.47 millionViewN/AView Earnings Details
5/6/2016Q116$0.39$0.23$33.92 million$21.64 millionViewN/AView Earnings Details
3/1/2016Q415$0.51$0.39$33.92 million$27.40 millionViewN/AView Earnings Details
11/4/2015Q315$0.62$0.47$30.55 million$28.84 millionViewN/AView Earnings Details
7/31/2015Q215$0.72$0.62$30.57 million$34.45 millionViewListenView Earnings Details
5/6/2015Q115$0.69$0.69$33.92 million$34.40 millionViewN/AView Earnings Details
2/27/2015Q414$0.62$0.64$29.00 million$33.92 millionViewN/AView Earnings Details
11/5/2014Q3$0.71$0.49$34.37 million$34.25 millionViewN/AView Earnings Details
8/7/2014Q214$0.56$0.75$22.72 million$38.63 millionViewN/AView Earnings Details
5/8/2014Q114$0.20$0.56$789.30 million$20.00 millionViewN/AView Earnings Details
3/26/2014$0.73$0.67ViewN/AView Earnings Details
3/7/2014Q413$0.72$0.70$26.83 millionViewN/AView Earnings Details
11/7/2013Q313$0.82$0.83$26.40 million$26.40 millionViewN/AView Earnings Details
8/6/2013Q213$0.91$0.94$28.08 millionViewN/AView Earnings Details
5/15/2013Q113$0.93$0.93$28.76 millionViewN/AView Earnings Details
3/6/2013Q412$0.87$1.05$27.22 million$30.60 millionViewN/AView Earnings Details
11/9/2012$0.80$0.89$9.88 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Current Year EPS Consensus Estimate: $1.25 EPS
Next Year EPS Consensus Estimate: $1.46 EPS

Dividends

Current Dividend Information for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Next Dividend:10/26/2017
Annual Dividend:$1.24
Dividend Yield:11.68%
Dividend Growth:-23.30% (3 Year Average)
Payout Ratio:151.22% (Trailing 12 Months of Earnings)
99.20% (Based on This Year's Estimates)
84.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Western Asset Mortgage Capital Corporation (NYSE:WMC)

Dividend History by Quarter for Western Asset Mortgage Capital Corporation (NYSE WMC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/21/2017quarterly$0.3111.53%9/29/201710/2/201710/26/2017
6/21/2017quarterly$0.3111.79%6/28/20176/30/20177/26/2017
3/23/2017Quarterly$0.3112.42%3/30/20174/3/20174/26/2017
12/23/2016quarterly$0.3111.91%12/29/20161/3/20171/26/2017
9/23/2016quarterly$0.3111.44%9/30/201610/4/201610/25/2016
6/23/2016quarterly$0.3113.29%6/30/20167/5/20167/26/2016
3/24/2016quarterly$0.4517.86%3/31/20164/4/20164/26/2016
12/17/2015Quarterly$0.5821.4%12/23/201512/28/20151/26/2016
9/24/2015quarterly$0.6018.25%10/1/201510/5/201510/27/2015
6/18/2015quarterly$0.6416.55%6/25/20156/29/20157/28/2015
3/26/2015quarterly$0.6717.64%4/1/20154/6/20154/28/2015
12/18/2014quarterly$0.7018.03%12/24/201412/29/20141/27/2015
9/23/2014quarterly$0.7018.43%10/1/201410/3/201410/28/2014
6/19/2014quarterly$0.6717.9%6/26/20146/30/20147/29/2014
3/20/2014quarterly$0.6715.91%3/27/20143/31/20144/29/2014
12/19/2013quarterly$2.3555.36%12/26/201312/30/20131/28/2014
9/19/2013quarterly$0.9020.95%9/26/20139/30/201310/29/2013
6/20/2013quarterly$0.906/27/20137/1/20137/29/2013
4/2/2013quarterly$0.9516.4%4/10/20134/12/20134/30/2013
12/20/2012special$0.2212/27/201212/31/20121/29/2013
12/19/2012quarterly$0.9012/27/201212/31/20121/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Insider Ownership Percentage: 0.36%
Institutional Ownership Percentage: 40.24%
Insider Trades by Quarter for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Institutional Ownership by Quarter for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Insider Trades by Quarter for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/30/2017Jennifer MurphyInsiderBuy5,000$10.22$51,100.00View SEC Filing  
3/8/2017Jennifer MurphyInsiderBuy5,000$9.67$48,350.00View SEC Filing  
11/7/2016Lisa MeyerCFOBuy225$10.20$2,295.00View SEC Filing  
9/14/2016Lisa MeyerCFOBuy775$10.39$8,052.25View SEC Filing  
12/23/2015Elliott NeumayerCOOBuy1,050$10.85$11,392.50View SEC Filing  
12/2/2015Elliott NeumayerCOOBuy1,000$11.25$11,250.00View SEC Filing  
5/12/2015Gavin L JamesCEOBuy1,500$14.83$22,245.00View SEC Filing  
12/5/2014Steven M SherwynCFOBuy1,000$15.20$15,200.00View SEC Filing  
9/11/2014Gavin L JamesCEOBuy6,570$15.20$99,864.00View SEC Filing  
8/15/2014Gavin L JamesCEOBuy16,060$14.69$235,921.40View SEC Filing  
6/6/2014Anup AgarwalCIOBuy11,000$14.43$158,730.00View SEC Filing  
5/22/2014Travis CarrCOOBuy2,000$13.90$27,800.00View SEC Filing  
4/15/2014Gavin JamesCEOBuy2,650$14.26$37,789.00View SEC Filing  
4/9/2014Gavin JamesCEOBuy7,000$14.54$101,780.00View SEC Filing  
10/4/2013Gavin JamesCEOBuy1,000$15.81$15,810.00View SEC Filing  
5/16/2013Gavin L JamesCEOBuy2,100$19.97$41,937.00View SEC Filing  
5/16/2013Stephen P FultonCIOBuy5,000$20.35$101,750.00View SEC Filing  
12/5/2012Gavin L JamesCEOBuy5,250$20.74$108,885.00View SEC Filing  
11/23/2012James W Hirschmann IIIDirectorBuy2,500$19.87$49,675.00View SEC Filing  
11/21/2012James W Hirschmann IIIDirectorBuy5,000$19.51$97,550.00View SEC Filing  
11/13/2012Travis CarrCOOBuy1,000$19.35$19,350.00View SEC Filing  
9/18/2012James W Hirschmann IIIDirectorBuy1,500$21.82$32,730.00View SEC Filing  
9/17/2012James W Hirschmann IIIDirectorBuy1,000$21.84$21,840.00View SEC Filing  
9/14/2012James W Hirschmann IIIDirectorBuy7,500$21.90$164,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Western Asset Mortgage Capital Corporation (NYSE:WMC)
Latest Headlines for Western Asset Mortgage Capital Corporation (NYSE:WMC)
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Chart

Western Asset Mortgage Capital Corporation (WMC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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