NYSE:WMC - Western Asset Mortgage Capital Stock Price, Price Target & More

Western Asset Mortgage Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMC."

Western Asset Mortgage Capital announced 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 yield of 11.56%. The ex-dividend date of this dividend is Thursday, March 29th. View Western Asset Mortgage Capital's Dividend History.

Western Asset Mortgage Capital declared that its board has authorized a share repurchase program on Friday, December 22nd 2017, which allows the company to repurchase 2,100,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

Western Asset Mortgage Capital Corp (NYSE:WMC) announced its quarterly earnings results on Monday, May, 7th. The financial services provider reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The financial services provider had revenue of $19.03 million for the quarter, compared to analysts' expectations of $18.80 million. Western Asset Mortgage Capital had a return on equity of 11.52% and a net margin of 54.01%. During the same period last year, the firm posted $0.25 earnings per share. View Western Asset Mortgage Capital's Earnings History.

Western Asset Mortgage Capital is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Western Asset Mortgage Capital.

Some companies that are related to Western Asset Mortgage Capital include Ladder Capital (LADR), LTC Properties (LTC), Agree Realty (ADC), Alexander & Baldwin (ALEX), Safestore (SFSHF), National Storage (NSA), Summit Hotel Properties (INN), Washington Prime Group (WPG), Industrial Logistics Properties Trust (ILPT), Four Corners Property Trust (FCPT), Kite Realty Group Trust (KRG), Global Net Lease (GNL), Caretrust REIT (CTRE), Redwood Trust (RWT) and TPG RE Finance Trust (TRTX).

Headlines about WMC stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset Mortgage Capital earned a media sentiment score of 0.15 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 46.55 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Western Asset Mortgage Capital's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.01%), UBS Group AG (3.13%), Prudential Financial Inc. (2.78%), Northern Trust Corp (1.17%), Schwab Charles Investment Management Inc. (1.00%) and Van ECK Associates Corp (0.49%). Company insiders that own Western Asset Mortgage Capital stock include Jennifer Murphy and Lisa Meyer. View Institutional Ownership Trends for Western Asset Mortgage Capital.

WMC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Thrivent Financial for Lutherans, California Public Employees Retirement System, UBS Group AG and Van ECK Associates Corp. View Insider Buying and Selling for Western Asset Mortgage Capital.

WMC stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Schwab Charles Investment Management Inc., Aperio Group LLC, Cetera Advisors LLC, Koch Industries Inc., Northern Trust Corp, Barclays PLC and Guggenheim Capital LLC. Company insiders that have bought Western Asset Mortgage Capital stock in the last two years include Jennifer Murphy and Lisa Meyer. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of WMC stock can currently be purchased for approximately $10.73.

Western Asset Mortgage Capital has a market capitalization of $441.55 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.

Western Asset Mortgage Capital'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 [email protected]