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AMD   103.28 (+3.20%)
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GE   108.61 (+0.79%)
DIS   79.00 (-0.68%)
AMC   8.48 (+8.03%)
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PYPL   58.26 (+1.68%)
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AAPL   173.26 (+0.50%)
MSFT   318.10 (+1.50%)
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GOOGL   134.86 (+1.83%)
AMZN   126.68 (+1.57%)
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NVDA   437.57 (+0.55%)
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AMD   103.28 (+3.20%)
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MU   67.90 (+0.10%)
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GE   108.61 (+0.79%)
DIS   79.00 (-0.68%)
AMC   8.48 (+8.03%)
PFE   33.11 (-2.33%)
PYPL   58.26 (+1.68%)
NFLX   375.55 (-0.32%)
QQQ   358.89 (+1.12%)
AAPL   173.26 (+0.50%)
MSFT   318.10 (+1.50%)
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GOOGL   134.86 (+1.83%)
AMZN   126.68 (+1.57%)
TSLA   258.86 (+5.00%)
NVDA   437.57 (+0.55%)
NIO   8.75 (+1.63%)
BABA   83.72 (-0.97%)
AMD   103.28 (+3.20%)
T   14.54 (-1.62%)
F   11.96 (-0.91%)
MU   67.90 (+0.10%)
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GE   108.61 (+0.79%)
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NYSE:WMC

Western Asset Mortgage Capital (WMC) Stock Forecast, Price & News

$8.44
-0.11 (-1.29%)
(As of 02:31 PM ET)
Compare
Today's Range
$8.42
$8.63
50-Day Range
$8.52
$10.82
52-Week Range
$7.00
$11.84
Volume
11,310 shs
Average Volume
30,042 shs
Market Capitalization
$50.98 million
P/E Ratio
N/A
Dividend Yield
16.59%
Price Target
$17.50

Western Asset Mortgage Capital MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
107.1% Upside
$17.50 Price Target
Short Interest
Healthy
0.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Finance Sector

471st out of 857 stocks

Real Estate Investment Trusts Industry

101st out of 181 stocks


WMC stock logo

About Western Asset Mortgage Capital (NYSE:WMC) Stock

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. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Pasadena, California.

WMC Price History

WMC Stock News Headlines

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…”
Q2 2023 Western Asset Mortgage Capital Corp Earnings Call
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…”
WMC - Western Asset Mortgage Capital Corporation
See More Headlines
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WMC Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 7/26 Dividend
6/30/2023
Dividend Payable
7/26/2023
Ex-Dividend for 10/26 Dividend
9/29/2023
Today
10/04/2023
Dividend Payable
10/26/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
95790D10
Fax
N/A
Employees
1
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-89,080,000.00
Pretax Margin
-25.97%

Debt

Sales & Book Value

Annual Sales
$158.72 million
Cash Flow
$2.11 per share
Book Value
$15.70 per share

Miscellaneous

Free Float
5,941,000
Market Cap
$51.46 million
Optionable
Optionable
Beta
1.64
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Key Executives

  • Mr. James William Hirschmann III (Age 62)
    Chairman
  • Mr. Robert Lehman (Age 62)
    Chief Financial Officer
    Comp: $341.78k
  • Mr. Elliott  NeumayerMr. 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.Ms. Bonnie Wongtrakool C.F.A. (Age 49)
    CEO & Director
  • Mr. Greg Handler C.F.A. (Age 42)
    Chief Investment Officer
  • Mr. Larry Clark CFA
    Investor Relations Contact
  • Mr. Charles Antony Ruys de Perez J.D. (Age 65)
    Sec.
  • Adam C. E. Wright
    Assistant Sec.













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

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