Western Asset Mortgage Capital Stock Price, News & Analysis (NYSE:WMC) $8.79 +0.37 (+4.39%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$8.11▼$8.8550-Day Range$8.02▼$9.8352-Week Range$7.82▼$11.64Volume22,893 shsAverage Volume17,727 shsMarket Capitalization$53.18 millionP/E RatioN/ADividend Yield4.55%Price Target$17.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Western Asset Mortgage Capital MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside99.1% Upside$17.50 Price TargetShort InterestHealthy0.18% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.90Based on 2 Articles This WeekInsider 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.2.47 out of 5 starsFinance Sector232nd out of 846 stocksReal Estate Investment Trusts Industry39th out of 175 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 99.1% from its current price of $8.79.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 Shorted0.18% 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 0.5, 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 55.51%, 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 4.72%, 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 3.8 News and Social Media Coverage News SentimentWestern Asset Mortgage Capital has a news sentiment score of 0.90. 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 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Western Asset Mortgage Capital this week, compared to 0 articles on an average week.Search Interest1 people have searched for WMC on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Western Asset Mortgage Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 -4.48, 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 -4.48, 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 0.68. 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 Stock (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. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Pasadena, California.Read More WMC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WMC Stock News HeadlinesNovember 30, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Western Asset Mortgage Capital (NYSE:WMC)November 6, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Expects to Adjourn Special Meeting of Stockholders Until December 5, 2023December 3, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 3, 2023 | finance.yahoo.comLeading Independent Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Western Asset Mortgage Capital Corporation Stockholders Vote "FOR" the Proposed Merger With AG Mortgage Investment TrustOctober 27, 2023 | businesswire.comLeading Independent Proxy Advisory Firm ISS Recommends AG Mortgage Investment Trust Stockholders Vote “FOR” the Proposed Merger With Western Asset Mortgage Capital CorporationOctober 27, 2023 | finance.yahoo.comLeading Independent Proxy Advisory Firm ISS Recommends Western Asset Mortgage Capital Corporation Stockholders Vote "For" the Proposed Merger With AG Mortgage Investment TrustOctober 26, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Interim Fourth Quarter Common Dividend of $0.14 Per ShareSeptember 29, 2023 | finance.yahoo.comDelving into Western Asset Mortgage Capital Corp's Dividend PerformanceDecember 3, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.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 ResultsAugust 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 TranscriptSee 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 Company Calendar Last Earnings8/04/2022Ex-Dividend for 11/8 Dividend11/02/2023Dividend Payable11/08/2023Ex-Dividend for 12/5 Dividend11/29/2023Today12/02/2023Dividend Payable12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/07/2024Get 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 Target$17.50 High Stock Price Target$17.50 Low Stock Price Target$17.50 Potential Upside/Downside+99.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.96) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-89,080,000.00 Net Margins-7.10% Pretax Margin-7.17% Return on Equity8.01% Return on Assets0.31% Debt Debt-to-Equity Ratio27.43 Current Ratio352.98 Quick Ratio352.98 Sales & Book Value Annual Sales$8.60 million Price / Sales6.18 Cash Flow$2.33 per share Price / Cash Flow3.77 Book Value$12.89 per share Price / Book0.68Miscellaneous Outstanding Shares6,050,000Free Float5,953,000Market Cap$53.18 million OptionableOptionable Beta1.68 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. James William Hirschmann III (Age 62)Chairman of the Board 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)Secretary Adam C. E. WrightAssistant SecretaryMore ExecutivesKey CompetitorsAG Mortgage Investment TrustNYSE:MITTGlobal Self StorageNASDAQ:SELFManhattan Bridge CapitalNASDAQ:LOANACRES Commercial RealtyNYSE:ACRSotherly HotelsNASDAQ:SOHOView All CompetitorsInstitutional OwnershipAlmitas Capital LLCSold 2,764,247 shares on 11/21/2023Ownership: 0.175%Trium Capital LLPBought 72,478 shares on 11/7/2023Ownership: 1.200%View All Institutional Transactions WMC Stock Analysis - 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 year. 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 target for 2024? 1 Wall Street analysts have issued 12 month price targets for Western Asset Mortgage Capital's stock. Their WMC share price targets range from $17.50 to $17.50. On average, they predict the company's share price to reach $17.50 in the next year. This suggests a possible upside of 99.1% 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 beginning of the year. Since then, WMC stock has decreased by 3.5% and is now trading at $8.79. View the best growth stocks for 2023 here. Are investors shorting Western Asset Mortgage Capital? Western Asset Mortgage Capital saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 10,500 shares, a decline of 55.5% from the October 31st total of 23,600 shares. Based on an average trading volume of 21,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% 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, March 7th 2024. View our WMC earnings forecast. How were Western Asset Mortgage Capital's earnings last quarter? Western Asset Mortgage Capital Co. (NYSE:WMC) released its quarterly earnings results 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 positive trailing twelve-month return on equity of 8.01% and a negative net margin of 7.10%. During the same period in the previous year, the firm earned $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 declared a quarterly dividend on Monday, November 20th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.10 per share on Tuesday, December 5th. This represents a $0.40 annualized dividend and a dividend yield of 4.55%. The ex-dividend date of this dividend is Wednesday, November 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 $0.40 per share and currently has a dividend yield of 4.72%. 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). Who are Western Asset Mortgage Capital's major shareholders? Western Asset Mortgage Capital's stock is owned by a number of institutional and retail investors. Top institutional investors include Trium Capital LLP (1.20%), Almitas Capital LLC (0.18%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Lisa Meyer and Sean O Johnson. View institutional ownership trends. 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. This page (NYSE:WMC) was last updated on 12/3/2023 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. 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