About Western Asset Mortgage Capit (NYSE:WMC)
Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, residential bridge loans, and other financial assets. 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. The company was founded in 2009 and is based in Pasadena, California.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
SymbolNYSE:WMC
CUSIP95790D10
Phone626-844-9400
Debt
Debt-to-Equity Ratio7.23%
Current Ratio140.92%
Quick Ratio140.92%
Price-To-Earnings
Trailing P/E Ratio8.60
Forward P/E Ratio6.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$154.74 million
Price / Sales2.69
Cash Flow$1.1614 per share
Price / Cash8.55
Book Value$11.12 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$1.15
Net Income$85.09 million
Net Margins54.99%
Return on Equity13.10%
Return on Assets1.64%
Miscellaneous
EmployeesN/A
Outstanding Shares41,920,000
Western Asset Mortgage Capit (NYSE:WMC) Frequently Asked Questions
What is Western Asset Mortgage Capit's stock symbol?
Western Asset Mortgage Capit trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMC."
How often does Western Asset Mortgage Capit pay dividends? What is the dividend yield for Western Asset Mortgage Capit?
Western Asset Mortgage Capit declared a quarterly dividend on Thursday, March 22nd. Investors of record on Monday, April 2nd will be paid a dividend of $0.31 per share on Thursday, April 26th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 12.49%. The ex-dividend date of this dividend is Thursday, March 29th. View Western Asset Mortgage Capit's Dividend History.
How will Western Asset Mortgage Capit's stock buyback program work?
Western Asset Mortgage Capit declared that its Board of Directors has approved a share buyback plan on Friday, December 22nd 2017, which allows the company to buyback 2,100,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.
How were Western Asset Mortgage Capit's earnings last quarter?
Western Asset Mortgage Capit (NYSE:WMC) issued its earnings results on Monday, March, 5th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.01. The financial services provider had revenue of $18.01 million for the quarter, compared to analyst estimates of $18.85 million. Western Asset Mortgage Capit had a return on equity of 13.10% and a net margin of 54.99%. The business's revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 EPS. View Western Asset Mortgage Capit's Earnings History.
When is Western Asset Mortgage Capit's next earnings date?
Who are some of Western Asset Mortgage Capit's key competitors?
Some companies that are related to Western Asset Mortgage Capit include Alexander & Baldwin (ALEX), Ladder Capital (LADR), Cyrela Brazil Realty SA Emprdts e Prtpcs (CYRBY), American Assets Trust (AAT), Summit Hotel Properties (INN), Safestore (SFSHF), Mack Cali Realty (CLI), Agree Realty (ADC), LTC Properties (LTC), Four Corners Property (FCPT), Industrial Logistics Properties Trust (ILPT), National Storage (NSA), Kite Realty Group Trust (KRG), Global Net Lease (GNL) and Monmouth Real Estate Investment (MNR).
Who are Western Asset Mortgage Capit's key executives?
Western Asset Mortgage Capit's management team includes the folowing people:
- Ms. Lisa Meyer, CFO & Treasurer (Age 54)
- Mr. James William Hirschmann III, Chairman (Age 57)
- Ms. Jennifer Williams Murphy CFA, Pres, CEO & Director (Age 53)
- Mr. Elliott Neumayer, Chief Operating Officer (Age 37)
- Mr. Anupam Agarwal, Chief Investment Officer (Age 50)
Has Western Asset Mortgage Capit been receiving favorable news coverage?
News headlines about WMC stock have been trending positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Asset Mortgage Capit earned a media sentiment score of 0.44 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 47.82 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
How do I buy shares of Western Asset Mortgage Capit?
Shares of WMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Western Asset Mortgage Capit's stock price today?
One share of WMC stock can currently be purchased for approximately $9.93.
How big of a company is Western Asset Mortgage Capit?
Western Asset Mortgage Capit has a market capitalization of $406.20 million and generates $154.74 million in revenue each year. The financial services provider earns $85.09 million in net income (profit) each year or $1.15 on an earnings per share basis.
How can I contact Western Asset Mortgage Capit?
Western Asset Mortgage Capit's mailing address is 385 East Colorado Boulevard, Pasadena CA, 91101. The financial services provider can be reached via phone at 626-844-9400 or via email at investorrelations.westernassetmcc.com.
MarketBeat Community Rating for Western Asset Mortgage Capit (WMC)
MarketBeat's community ratings are surveys of what our community members think about Western Asset Mortgage Capit and other stocks. Vote "Outperform" if you believe WMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Western Asset Mortgage Capit (NYSE:WMC) Dividend Information
Western Asset Mortgage Capit pays an annual dividend of $1.24 per share, with a dividend yield of 12.49%. WMC's next quarterly dividend payment will be made on Thursday, April 26. Western Asset Mortgage Capit pays out 107.83% of its earnings out as a dividend.
| Next Dividend: | 4/26/2018 |
| Annual Dividend: | $1.24 |
| Dividend Yield: | 12.49% |
| Dividend Growth: | -34.40% (3 Year Average) |
| Payout Ratio: | 107.83% (Trailing 12 Months of Earnings)
86.71% (Based on This Year's Estimates)
89.86% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Western Asset Mortgage Capit (NYSE:WMC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/22/2018 | quarterly | $0.31 | 12.7310061601643% | 3/29/2018 | 4/2/2018 | 4/26/2018 |
| 12/22/2017 | quarterly | $0.31 | 12.17% | 12/29/2017 | 1/2/2018 | 1/26/2018 |
| 9/21/2017 | quarterly | $0.31 | 11.53% | 9/29/2017 | 10/2/2017 | 10/26/2017 |
| 6/21/2017 | quarterly | $0.31 | 11.79% | 6/28/2017 | 6/30/2017 | 7/26/2017 |
| 3/23/2017 | Quarterly | $0.31 | 12.42% | 3/30/2017 | 4/3/2017 | 4/26/2017 |
| 12/23/2016 | quarterly | $0.31 | 11.91% | 12/29/2016 | 1/3/2017 | 1/26/2017 |
| 9/23/2016 | quarterly | $0.31 | 11.44% | 9/30/2016 | 10/4/2016 | 10/25/2016 |
| 6/23/2016 | quarterly | $0.31 | 13.29% | 6/30/2016 | 7/5/2016 | 7/26/2016 |
| 3/24/2016 | quarterly | $0.45 | 17.86% | 3/31/2016 | 4/4/2016 | 4/26/2016 |
| 12/17/2015 | Quarterly | $0.58 | 21.4% | 12/23/2015 | 12/28/2015 | 1/26/2016 |
| 9/24/2015 | quarterly | $0.60 | 18.25% | 10/1/2015 | 10/5/2015 | 10/27/2015 |
| 6/18/2015 | quarterly | $0.64 | 16.55% | 6/25/2015 | 6/29/2015 | 7/28/2015 |
| 3/26/2015 | quarterly | $0.67 | 17.64% | 4/1/2015 | 4/6/2015 | 4/28/2015 |
| 12/18/2014 | quarterly | $0.70 | 18.03% | 12/24/2014 | 12/29/2014 | 1/27/2015 |
| 9/23/2014 | quarterly | $0.70 | 18.43% | 10/1/2014 | 10/3/2014 | 10/28/2014 |
| 6/19/2014 | quarterly | $0.67 | 17.9% | 6/26/2014 | 6/30/2014 | 7/29/2014 |
| 3/20/2014 | quarterly | $0.67 | 15.91% | 3/27/2014 | 3/31/2014 | 4/29/2014 |
| 12/19/2013 | quarterly | $2.35 | 55.36% | 12/26/2013 | 12/30/2013 | 1/28/2014 |
| 9/19/2013 | quarterly | $0.90 | 20.95% | 9/26/2013 | 9/30/2013 | 10/29/2013 |
| 6/20/2013 | quarterly | $0.90 | | 6/27/2013 | 7/1/2013 | 7/29/2013 |
| 4/2/2013 | quarterly | $0.95 | 16.4% | 4/10/2013 | 4/12/2013 | 4/30/2013 |
| 12/20/2012 | special | $0.22 | | 12/27/2012 | 12/31/2012 | 1/29/2013 |
| 12/19/2012 | quarterly | $0.90 | | 12/27/2012 | 12/31/2012 | 1/29/2013 |
(Data available from 1/1/2013 forward)
Western Asset Mortgage Capit (NYSE WMC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.36%
Institutional Ownership Percentage: 43.07%
Western Asset Mortgage Capit (NYSE WMC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/27/2017 | Jennifer Murphy | Insider | Buy | 10,000 | $10.22 | $102,200.00 | 47,500 |  |
| 5/30/2017 | Jennifer Murphy | Insider | Buy | 5,000 | $10.22 | $51,100.00 | 37,500 | |
| 3/8/2017 | Jennifer Murphy | Insider | Buy | 5,000 | $9.67 | $48,350.00 | 15,000 | |
| 11/7/2016 | Lisa Meyer | CFO | Buy | 225 | $10.20 | $2,295.00 | 1,000 | |
| 9/14/2016 | Lisa Meyer | CFO | Buy | 775 | $10.39 | $8,052.25 | 775 | |
| 12/23/2015 | Elliott Neumayer | COO | Buy | 1,050 | $10.85 | $11,392.50 | 2,459 | |
| 12/2/2015 | Elliott Neumayer | COO | Buy | 1,000 | $11.25 | $11,250.00 | 1,409 | |
| 5/12/2015 | Gavin L James | CEO | Buy | 1,500 | $14.83 | $22,245.00 | | |
| 12/5/2014 | Steven M Sherwyn | CFO | Buy | 1,000 | $15.20 | $15,200.00 | | |
| 9/11/2014 | Gavin L James | CEO | Buy | 6,570 | $15.20 | $99,864.00 | | |
| 8/15/2014 | Gavin L James | CEO | Buy | 16,060 | $14.69 | $235,921.40 | | |
| 6/6/2014 | Anup Agarwal | CIO | Buy | 11,000 | $14.43 | $158,730.00 | | |
| 5/22/2014 | Travis Carr | COO | Buy | 2,000 | $13.90 | $27,800.00 | 7,485 | |
| 4/15/2014 | Gavin James | CEO | Buy | 2,650 | $14.26 | $37,789.00 | 32,577 | |
| 4/9/2014 | Gavin James | CEO | Buy | 7,000 | $14.54 | $101,780.00 | 28,227 | |
| 10/4/2013 | Gavin James | CEO | Buy | 1,000 | $15.81 | $15,810.00 | 19,350 | |
| 5/16/2013 | Gavin L James | CEO | Buy | 2,100 | $19.97 | $41,937.00 | | |
| 5/16/2013 | Stephen P Fulton | CIO | Buy | 5,000 | $20.35 | $101,750.00 | | |
| 12/5/2012 | Gavin L James | CEO | Buy | 5,250 | $20.74 | $108,885.00 | | |
| 11/23/2012 | James W Hirschmann III | Director | Buy | 2,500 | $19.87 | $49,675.00 | | |
| 11/21/2012 | James W Hirschmann III | Director | Buy | 5,000 | $19.51 | $97,550.00 | | |
| 11/13/2012 | Travis Carr | COO | Buy | 1,000 | $19.35 | $19,350.00 | | |
| 9/18/2012 | James W Hirschmann III | Director | Buy | 1,500 | $21.82 | $32,730.00 | | |
| 9/17/2012 | James W Hirschmann III | Director | Buy | 1,000 | $21.84 | $21,840.00 | | |
| 9/14/2012 | James W Hirschmann III | Director | Buy | 7,500 | $21.90 | $164,250.00 | | |
(Data available from 1/1/2013 forward)
Western Asset Mortgage Capit (NYSE WMC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Western Asset Mortgage Capital Corporation To Report First Quarter 2018 Financial Results
finance.yahoo.com - April 18 at 5:52 PM |
 | ValuEngine Lowers Western Asset Mortgage Capit (WMC) to Hold
www.americanbankingnews.com - April 17 at 10:29 AM |
| Western Asset Mortgage Capit (WMC) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 13 at 2:47 PM |
| Analyzing Western Asset Mortgage Capit (WMC) and Duke Realty (DRE)
www.americanbankingnews.com - March 30 at 3:15 PM |
 | Western Asset Mortgage Capital Corporation (WMC) Ex-Dividend Date Scheduled for March 29, 2018
www.nasdaq.com - March 29 at 5:36 PM |
| Daily Dividend Report: MAS, SLG, LW, NRZ, UBA, WMC - Nasdaq
www.nasdaq.com - March 23 at 5:52 PM |
 | Western Asset Mortgage Capital Corporation Declares First Quarter Dividend Of $0.31 Per Share - PR Newswire (press release)
www.prnewswire.com - March 23 at 8:11 AM |
| Western Asset Mortgage Capital Corp (WMC) Announces Quarterly Dividend of $0.31
www.americanbankingnews.com - March 22 at 4:52 PM |
| Edited Transcript of WMC earnings conference call or presentation 6-Mar-18 4:00pm GMT
finance.yahoo.com - March 18 at 8:10 AM |
| Western Asset Mortgage Capital (WMC) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - March 14 at 3:24 PM |
 | Western Asset Mortgage: Hope Is Not A Strategy - Seeking Alpha - Seeking Alpha
seekingalpha.com - March 13 at 8:13 AM |
| Western Asset Mortgage Capital (WMC) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 9 at 9:02 PM |
| Western Asset Mortgage Capital (WMC) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 8 at 2:01 PM |
 | Top Ranked Income Stocks to Buy for March 7th
www.zacks.com - March 7 at 6:42 PM |
| Western Asset Mortgage Capital's (WMC) CEO Jennifer Murphy on Q4 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - March 7 at 8:09 AM |
| Western Asset Mortgage Capital Corporation 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 6 at 5:46 PM |
| Western Asset Mortgage Capital Corporation to Host Earnings Call
finance.yahoo.com - March 6 at 5:46 PM |
| Western Asset Mortgage Capital Corporation Announces Fourth ... - PR Newswire (press release)
www.prnewswire.com - March 6 at 8:08 AM |
| Western Asset Mortgage Capital (WMC) Releases Earnings Results, Meets Estimates
www.americanbankingnews.com - March 5 at 8:40 PM |
| Western Asset Mortgage Capital EPS in-line, misses on revenue
seekingalpha.com - March 5 at 5:55 PM |
| Western Asset Mortgage Capital Corporation Announces Fourth Quarter And Full Year 2017 Results
finance.yahoo.com - March 5 at 5:55 PM |
| Western Asset Mortgage Q4 Earnings Preview
finance.yahoo.com - March 5 at 5:55 PM |
| Is Western Asset Mortgage Capital Corporation’s (NYSE:WMC) PE Ratio A Signal To Sell For Investors?
finance.yahoo.com - March 5 at 8:10 AM |
| Western Asset Mortgage Capital (WMC) to Release Earnings on Monday
www.americanbankingnews.com - February 26 at 3:56 AM |
| Report: Developing Opportunities within Diplomat Pharmacy, Cogent Communications, Western Asset Mortgage Capital, Kimberly-Clark, Cincinnati Financial, and Cherry Hill Mortgage Investment - Future Expectations, Projections Moving into 2018
finance.yahoo.com - February 22 at 8:12 AM |
| Stop, This 13.5% Yield Wants To Take Your Money
seekingalpha.com - February 15 at 8:57 AM |
| Western Asset Mortgage Capital Corporation To Report Fourth Quarter And Year End 2017 Financial Results - PR Newswire (press release)
www.prnewswire.com - February 8 at 3:37 PM |
| Western Asset Mortgage Capital Corporation To Report Fourth Quarter And Year End 2017 Financial Results - PR Newswire (press release)
www.prnewswire.com - February 8 at 3:37 PM |
| Western Asset Mortgage Capital Corporation To Report Fourth Quarter And Year End 2017 Financial Results
finance.yahoo.com - February 7 at 8:32 AM |
| Western Asset Mortgage Capital (WMC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - January 13 at 2:04 PM |
| I Don't See Much To Like Here - Seeking Alpha
seekingalpha.com - January 12 at 4:14 PM |
| Insider Buying: Western Asset Mortgage Capital Corp (WMC) Insider Acquires 10,000 Shares of Stock
www.americanbankingnews.com - December 28 at 5:10 PM |
| Western Asset Mortgage Capital Corporation (WMC) Ex-Dividend Date Scheduled for December 29, 2017 - Nasdaq
www.nasdaq.com - December 28 at 3:17 PM |
| Five Oaks Investment (OAKS) and Western Asset Mortgage Capital (WMC) Critical Review
www.americanbankingnews.com - December 27 at 5:10 PM |
| Western Asset Mortgage Capital Corporation Announces Extension Of Share Repurchase Program - PR Newswire (press release)
www.prnewswire.com - December 23 at 4:29 AM |
| Western Asset Mortgage Capital Corp (WMC) Plans $0.31 Quarterly Dividend
www.americanbankingnews.com - December 22 at 6:13 PM |
| Western Asset Mortgage Capital (WMC) to Buyback 2,100,000 Shares
www.americanbankingnews.com - December 22 at 11:28 AM |
| Analyzing Granite Point Mortgage Trust (GPMT) and Western Asset Mortgage Capital (WMC)
www.americanbankingnews.com - December 21 at 7:10 PM |
| Western Asset Mortgage Capital Corporation Announces Extension Of Share Repurchase Program
finance.yahoo.com - December 21 at 4:22 PM |
| New Residential Investment (NRZ) & Western Asset Mortgage Capital (WMC) Critical Review
www.americanbankingnews.com - December 17 at 7:28 PM |
| Zacks Investment Research Upgrades Western Asset Mortgage Capital (WMC) to Hold
www.americanbankingnews.com - November 28 at 10:36 AM |
| Contrasting Western Asset Mortgage Capital Corporation (WMC) and Ares Commercial Real Estate Corporation (ACRE)
www.americanbankingnews.com - November 20 at 2:00 PM |
| Analyzing Western Asset Mortgage Capital Corporation (WMC) and AGNC Investment Corp. (AGNC)
www.americanbankingnews.com - November 16 at 5:32 PM |
| Western Asset Mortgage Capital Corporation (WMC) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - November 11 at 10:22 AM |
| Western Asset Mortgage Capital Corporation Announces Third Quarter 2017 Results - PR Newswire (press release)
www.prnewswire.com - November 9 at 10:05 AM |
| Edited Transcript of WMC earnings conference call or presentation 8-Nov-17 4:00pm GMT
finance.yahoo.com - November 9 at 10:04 AM |
| Western Asset Mortgage posts 3Q profit
finance.yahoo.com - November 8 at 12:03 AM |
| Western Asset Mortgage Capital Corporation Announces Third Quarter 2017 Results
finance.yahoo.com - November 7 at 7:02 PM |
| Western Asset Mortgage Capital Corporation (WMC) Issues Earnings Results
www.americanbankingnews.com - November 7 at 6:56 PM |
 | Western Asset Mortgage Capital is Oversold
www.thestreet.com - November 7 at 2:01 PM |
Western Asset Mortgage Capit (NYSE:WMC) SEC Filings
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Western Asset Mortgage Capit (NYSE:WMC) Income Statement, Balance Sheet and Cash Flow Statement
Western Asset Mortgage Capit (NYSE WMC) Stock Chart for Wednesday, April, 25, 2018
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