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NVDA   198.02 (+2.48%)
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AMD   75.16 (+0.33%)
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MU   62.80 (+2.05%)
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CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-0.92%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
QQQ   293.34 (+1.95%)
AAPL   143.96 (+1.48%)
MSFT   248.00 (+3.07%)
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AMD   75.16 (+0.33%)
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MU   62.80 (+2.05%)
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CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-0.92%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
QQQ   293.34 (+1.95%)
AAPL   143.96 (+1.48%)
MSFT   248.00 (+3.07%)
META   147.30 (+4.10%)
GOOGL   97.52 (+2.42%)
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BABA   120.57 (+0.27%)
AMD   75.16 (+0.33%)
T   20.00 (-2.06%)
MU   62.80 (+2.05%)
F   12.92 (+1.02%)
CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-0.92%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
NYSE:WMC

Western Asset Mortgage Capital - WMC Stock Forecast, Price & News

$11.12
+0.37 (+3.44%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.74
$11.15
50-Day Range
$8.20
$11.12
52-Week Range
$7.00
$22.00
Volume
60,308 shs
Average Volume
35,426 shs
Market Capitalization
$67.14 million
P/E Ratio
N/A
Dividend Yield
14.88%
Price Target
$18.75

Western Asset Mortgage Capital MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
68.6% Upside
$18.75 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Western Asset Mortgage Capital in the last 14 days
Based on 5 Articles This Week
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.

2.25 out of 5 stars

Finance Sector

608th out of 891 stocks

Real Estate Investment Trusts Industry

130th out of 192 stocks


WMC stock logo

About Western Asset Mortgage Capital (NYSE:WMC) Stock

Western Asset Mortgage Capital Corp. operates as a real estate investment trust. The firm engages in managing a diversified portfolio of assets. It focuses on investing in, financing and managing real estate related securities, whole loans and other financial assets. The company was founded on June 3, 2009 and is headquartered in Salt Lake City, UT.

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WMC Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
WMC Western Asset Mortgage Capital Corporation
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
See More Headlines
Receive WMC Stock News and Ratings via Email

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WMC Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 1/26 Dividend
12/30/2022
Today
1/26/2023
Dividend Payable
1/26/2023
Next Earnings (Estimated)
3/01/2023
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
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.75
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$17.50
Forecasted Upside/Downside
+68.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-48,950,000.00
Pretax Margin
-63.53%

Debt

Sales & Book Value

Annual Sales
$164.07 million
Cash Flow
$3.72 per share
Book Value
$33.57 per share

Miscellaneous

Free Float
5,990,000
Market Cap
$67.14 million
Optionable
Optionable
Beta
1.53

Key Executives

  • Bonnie M. WongtrakoolBonnie M. Wongtrakool
    Chief Executive Officer & Director
  • Elliott NeumayerElliott Neumayer
    Chief Operating Officer
  • Robert W. Lehman
    Chief Financial Officer
  • Greg HandlerGreg Handler
    Chief Investment Officer
  • Sean O'Connor Johnson
    Deputy Chief Investment Officer













WMC Stock - 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 twelve months. 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" WMC shares. 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 WMC analyst ratings
or view top-rated stocks.

What is Western Asset Mortgage Capital's stock price forecast for 2023?

2 brokerages have issued 12-month price objectives for Western Asset Mortgage Capital's stock. Their WMC share price forecasts range from $17.50 to $20.00. On average, they predict the company's stock price to reach $18.75 in the next twelve months. This suggests a possible upside of 72.8% 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 on January 1st, 2023. Since then, WMC stock has increased by 19.1% and is now trading at $10.85.
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 in January. As of January 15th, there was short interest totaling 77,900 shares, a decline of 21.7% from the December 31st total of 99,500 shares. Based on an average daily volume of 40,100 shares, the short-interest ratio is presently 1.9 days. Currently, 1.3% of the shares of the company 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 Wednesday, March 1st 2023.
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 data on Thursday, August, 4th. The financial services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Western Asset Mortgage Capital had a positive trailing twelve-month return on equity of 4.10% and a negative net margin of 65.42%. During the same quarter in the previous year, the company earned $0.50 earnings per share.

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 Wednesday, December 21st. Investors of record on Tuesday, January 3rd will be given a dividend of $0.40 per share on Thursday, January 26th. This represents a $1.60 annualized dividend and a dividend yield of 14.75%. The ex-dividend date is Friday, December 30th.
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 $1.60 per share and currently has a dividend yield of 14.88%. 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 the morning of 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."

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 shareholders include International Assets Investment Management LLC (0.42%). Insiders that own company stock include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Harris Trifon, Jennifer Murphy, 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.

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

One share of WMC stock can currently be purchased for approximately $10.85.

How much money does Western Asset Mortgage Capital make?

Western Asset Mortgage Capital (NYSE:WMC) has a market capitalization of $65.51 million and generates $164.07 million in revenue each year. The financial services provider earns $-48,950,000.00 in net income (profit) each year or ($16.64) 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 1/26/2023 by MarketBeat.com Staff