NYSE:WMC Western Asset Mortgage Capital Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Asset Mortgage Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. $1.29 +0.02 (+1.57%) (As of 06/24/2022 06:40 PM ET) Add Compare Share Today's Range$1.26▼$1.2950-Day Range$1.18▼$1.5452-Week Range$1.10▼$3.54Volume207,200 shsAverage Volume370,206 shsMarket Capitalization$77.89 millionP/E RatioN/ADividend Yield12.40%Price Target$2.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 WMC Stock Forecast (MarketRank)Overall MarketRank™2.71 out of 5 starsFinance Sector348th out of 1,356 stocksReal Estate Investment Trusts Industry61st out of 233 stocksAnalyst Opinion: 3.0Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 - 3.0 Analyst's Opinion Consensus RatingWestern Asset Mortgage Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.00, Western Asset Mortgage Capital has a forecasted upside of 55.0% from its current price of $1.29.Amount of Analyst CoverageWestern Asset Mortgage Capital has only been the subject of 1 research reports in the past 90 days. Previous Next 3.9 Community Rank Outperform VotesWestern Asset Mortgage Capital has received 288 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWestern Asset Mortgage Capital has received 206 “underperform” votes. (Add your “underperform” vote.)Community SentimentWestern Asset Mortgage Capital has received 58.30% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Western Asset Mortgage Capital 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. Previous Next 2.5 Dividend Strength Dividend LeadershipWestern Asset Mortgage Capital is a leading dividend payer. It pays a dividend yield of 12.40%, 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.Dividend SustainabilityBased on earnings estimates, Western Asset Mortgage Capital will have a dividend payout ratio of 59.26% next year. This indicates that Western Asset Mortgage Capital will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Asset Mortgage Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $27,318.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.80% of the stock of Western Asset Mortgage Capital is held by insiders.Percentage Held by InstitutionsOnly 22.99% of the stock of Western Asset Mortgage Capital is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Western Asset Mortgage Capital are expected to grow by 80.00% in the coming year, from $0.15 to $0.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Asset Mortgage Capital is -0.95, 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 -0.95, 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 0.38. 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 (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.Read More WMC Stock News HeadlinesJune 23, 2022 | americanbankingnews.comWestern Asset Mortgage Capital Co. (NYSE:WMC) Declares $0.04 Quarterly DividendJune 21, 2022 | seekingalpha.comWestern Asset Mortgage Capital declares $0.04 dividendJune 21, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares Second Quarter Dividend of $0.04 Per ShareJune 15, 2022 | americanbankingnews.comWestern Asset Mortgage Capital (NYSE:WMC) Stock Rating Upgraded by JonestradingJune 14, 2022 | seekingalpha.comWestern Asset Mortgage Capital names Robert W. Lehman as CFOJune 14, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Appoints Robert W. Lehman as Chief Financial OfficerJune 6, 2022 | americanbankingnews.comZacks Investment Research Upgrades Western Asset Mortgage Capital (NYSE:WMC) to "Hold"May 15, 2022 | seekingalpha.comWestern Asset Mortgage Capital Corporation 2022 Q1 - Results - Earnings Call PresentationMay 5, 2022 | uk.investing.comWestern Asset Mortgage Capital Misses Q1 EPS by 5cMay 5, 2022 | seekingalpha.comWestern Asset Mortgage Capital Non-GAAP EPS of $0.01 misses by $0.06May 5, 2022 | seekingalpha.comWestern Asset Mortgage Capital Q1 2022 Earnings PreviewMay 2, 2022 | seekingalpha.comWestern Asset Mortgage Capital: Recent Dividend Cut And Declining Book ValueApril 14, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation to Report First Quarter 2022 Financial Results and Announces 2022 Annual Meeting and Record DateSee More Headlines Industry, 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/AEmployeesN/AYear FoundedN/ACompany Calendar Ex-Dividend for 4/26 Dividend4/01/2022Dividend Payable4/26/2022Last Earnings5/05/2022Today6/27/2022Ex-Dividend for 7/25 Dividend6/30/2022Dividend Payable7/25/2022Next Earnings (Estimated)8/02/2022Fiscal Year End12/31/2022Price 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 RatingHold Rating Score (0-4)2 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.360010) Trailing P/E RatioN/A Forward P/E Ratio8.60 P/E GrowthN/ANet Income$-48.95 million Net Margins-53.54% Pretax Margin-52.05% Return on Equity3.94% Return on Assets0.28% Debt Debt-to-Equity Ratio15.45 Current Ratio1,098.13 Quick Ratio1,098.13 Sales & Book Value Annual Sales$164.07 million Price / Sales0.47 Cash Flow$0.36 per share Price / Cash Flow3.62 Book Value$3.36 per share Price / Book0.38Miscellaneous Outstanding Shares60,380,000Free Float59,897,000Market Cap$77.89 million OptionableOptionable Beta1.95 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: Mr. James William Hirschmann III, Chairman (Age 61)Ms. Bonnie M. Wongtrakool C.F.A., CEO & Director (Age 48) (LinkedIn Profile)Ms. Lisa Meyer, CFO, Treasurer & Pres (Age 58, Pay $617.49k) (LinkedIn Profile)Mr. Elliott Neumayer, Chief Operating Officer (Age 41) (LinkedIn Profile)Mr. Sean O. Johnson C.F.A., Deputy Chief Investment Officer (Age 55)Mr. Greg E. Handler C.F.A., Chief Investment Officer (Age 41) (LinkedIn Profile)Mr. Larry A. Clark CFA, Investor Relations ContactMr. Charles Antony Ruys De Perez J.D., Sec. (Age 64)Mr. James Joseph Flick, Director of Client Service & Marketing - Western Asset Management CompanyAdam C. E. Wright, Assistant Sec. Who are some of Western Asset Mortgage Capital's key competitors? Some companies that are related to Western Asset Mortgage Capital include Annaly Capital Management (NLY), Starwood Property Trust (STWD), AGNC Investment (AGNC), Chimera Investment (CIM), Two Harbors Investment (TWO), Apollo Commercial Real Estate Finance (ARI), PennyMac Mortgage Investment Trust (PMT), MFA Financial (MFA), Ready Capital (RC), New York Mortgage Trust (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ares Commercial Real Estate (ACRE), Dynex Capital (DX) and Invesco Mortgage Capital (IVR). View all of WMC's competitors. 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 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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