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

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

Western Asset Mortgage Capital declared a quarterly dividend on Thursday, December 19th. Stockholders of record on Monday, December 30th will be paid a dividend of $0.31 per share on Friday, January 24th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 11.09%. The ex-dividend date of this dividend is Friday, December 27th. View Western Asset Mortgage Capital's Dividend History.

Western Asset Mortgage Capital Corp (NYSE:WMC) issued its quarterly earnings data on Tuesday, November, 5th. The financial services provider reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.03. The financial services provider had revenue of $16.57 million for the quarter, compared to the consensus estimate of $20.95 million. Western Asset Mortgage Capital had a return on equity of 11.66% and a net margin of 18.47%. During the same quarter in the previous year, the company earned $0.33 EPS. View Western Asset Mortgage Capital's Earnings History.

Western Asset Mortgage Capital is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Western Asset Mortgage Capital.

Western Asset Mortgage Capital will be holding an earnings conference call on Wednesday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued 1-year price targets for Western Asset Mortgage Capital's shares. Their forecasts range from $10.50 to $10.50. On average, they anticipate Western Asset Mortgage Capital's share price to reach $10.50 in the next twelve months. This suggests that the stock has a possible downside of 6.1%. View Analyst Price Targets for Western Asset Mortgage Capital.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Asset Mortgage Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Western Asset Mortgage Capital.

Media coverage about WMC stock has trended somewhat positive on Sunday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Western Asset Mortgage Capital earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Western Asset Mortgage Capital.

Western Asset Mortgage Capital saw a decline in short interest in January. As of January 31st, there was short interest totalling 2,020,000 shares, a decline of 5.6% from the January 15th total of 2,140,000 shares. Based on an average daily volume of 348,700 shares, the days-to-cover ratio is presently 5.8 days. Currently, 3.8% of the shares of the stock are short sold. View Western Asset Mortgage Capital's Current Options Chain.

Some companies that are related to Western Asset Mortgage Capital include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), Invesco Mortgage Capital (IVR), Apollo Commercial Real Est. Finance (ARI), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), PennyMac Mortgage Investment Trust (PMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ready Capital (RC) and CAPSTEAD MTG CO/SH (CMO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Mortgage Capital investors own include New Residential Investment (NRZ), CBL & Associates Properties (CBL), CVR Refining (CVRR), NY MTG TR INC/SH (NYMT), Hi-Crush Partners (HCLP), DHT (DHT), SunCoke Energy Partners (SXCP), Two Harbors Investment (TWO), SEASPAN CORP/SH SH (SSW) and NGL Energy Partners (NGL).

Western Asset Mortgage Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.72%), UBS Group AG (2.80%), State Street Corp (2.75%), Prudential Financial Inc. (2.60%), Victory Capital Management Inc. (1.58%) and Victory Capital Management Inc. (1.56%). Company insiders that own Western Asset Mortgage Capital stock include Dennis Joseph Mcnamara, Harris Trifon, 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 Prudential Financial Inc., Renaissance Technologies LLC, UBS Group AG, Bank of America Corp DE, State of New Jersey Common Pension Fund D, Van ECK Associates Corp, Alliancebernstein L.P. and IndexIQ Advisors LLC. View Insider Buying and Selling for Western Asset Mortgage Capital.

WMC stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., State Street Corp, Vestcor Investment Management Corp, Goldman Sachs Group Inc., Alphasimplex Group LLC, Schonfeld Strategic Advisors LLC and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have bought Western Asset Mortgage Capital stock in the last two years include Dennis Joseph Mcnamara, Harris Trifon, 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, Robinhood, Fidelity and Charles Schwab.

One share of WMC stock can currently be purchased for approximately $11.18.

Western Asset Mortgage Capital has a market capitalization of $595.00 million and generates $209.36 million in revenue each year. The financial services provider earns $26.41 million in net income (profit) each year or $1.36 on an earnings per share basis. View Additional Information About Western Asset Mortgage Capital.

The official website for Western Asset Mortgage Capital is http://www.westernassetmcc.com/.

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]