NYSE:WMC Western Asset Mortgage Capital - WMC 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. $11.39 -0.12 (-1.04%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.24▼$11.6450-Day Range$8.54▼$11.5152-Week Range$7.00▼$20.80Volume23,386 shsAverage Volume35,188 shsMarket Capitalization$68.80 millionP/E RatioN/ADividend Yield14.05%Price Target$18.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Western Asset Mortgage Capital MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside64.6% Upside$18.75 Price TargetShort InterestHealthy1.31% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.00 out of 5 starsFinance Sector388th out of 858 stocksReal Estate Investment Trusts Industry92nd out of 189 stocks 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 $18.75, Western Asset Mortgage Capital has a forecasted upside of 64.6% from its current price of $11.39.Amount of Analyst CoverageWestern Asset Mortgage Capital has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.31% 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 1.9, 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 21.71%, 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 13.90%, 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 1.1 News and Social Media Coverage Search Interest7 people have searched for WMC on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 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 50% 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 0.80% of the stock of Western Asset Mortgage Capital is held by insiders.Percentage Held by InstitutionsOnly 20.53% 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 -0.68, 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 -0.68, 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 0.34. 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) StockWestern 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.Read More 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 News HeadlinesJanuary 20, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Northern (NTRS), Western Asset Mortgage (WMC) and Nasdaq (NDAQ)December 21, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.40 Per ShareFebruary 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…November 3, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Third Quarter 2022 ResultsOctober 13, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation to Report Third Quarter 2022 Financial ResultsSeptember 23, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per ShareSeptember 17, 2022 | seekingalpha.comWMC Western Asset Mortgage Capital CorporationAugust 16, 2022 | finance.yahoo.comWestern Asset Mortgage (WMC) Is Attractively Priced Despite Fast-paced MomentumFebruary 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…June 30, 2022 | seekingalpha.comWestern Asset Mortgage Capital announced 1-for-10 reverse stock splitJune 30, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Board Approves 1-for-10 Reverse Stock Split RatioJune 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 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 OfficerMay 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 DateMarch 29, 2022 | benzinga.comWestern Asset Mortgage's Ex-Dividend Date Is Friday, Here's What You Need To KnowMarch 23, 2022 | seekingalpha.comWestern Asset Mortgage Capital cuts dividend by 33% to $0.04March 23, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares First Quarter Dividend of $0.04 Per ShareMarch 17, 2022 | finance.yahoo.comWestmount Minerals Completes Initial Public Offering and Lists on the Canadian Securities ExchangeMarch 3, 2022 | seekingalpha.comWestern Asset Mortgage Capital Corporation 2021 Q4 - Results - Earnings Call PresentationMarch 2, 2022 | seekingalpha.comWestern Asset Mortgage Capital Non-GAAP EPS of $0.01 misses by $0.05, Net Interest Income of $4.63MSee More Headlines 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 Company Calendar Last Earnings8/04/2022Ex-Dividend for 1/26 Dividend12/30/2022Dividend Payable1/26/2023Today2/05/2023Next Earnings (Estimated)3/01/2023Fiscal Year End12/31/2023Get 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/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$18.75 High Stock Price Forecast$20.00 Low Stock Price Forecast$17.50 Forecasted Upside/Downside+64.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($16.64) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-48,950,000.00 Net Margins-65.42% Pretax Margin-63.53% Return on Equity4.10% Return on Assets0.23% Debt Debt-to-Equity Ratio25.40 Current Ratio628.35 Quick Ratio628.35 Sales & Book Value Annual Sales$164.07 million Price / Sales0.42 Cash Flow$3.56 per share Price / Cash Flow3.20 Book Value$33.57 per share Price / Book0.34Miscellaneous Outstanding Shares6,040,000Free Float5,990,000Market Cap$68.80 million OptionableOptionable Beta1.61 Key ExecutivesBonnie M. WongtrakoolChief Executive Officer & DirectorElliott NeumayerChief Operating OfficerRobert W. LehmanChief Financial OfficerGreg HandlerChief Investment OfficerSean O'Connor JohnsonDeputy Chief Investment OfficerKey CompetitorsAG Mortgage Investment TrustNYSE:MITTManhattan Bridge CapitalNASDAQ:LOANGlobal Self StorageNASDAQ:SELFACRES Commercial RealtyNYSE:ACRArlington Asset InvestmentNYSE:AAICView All CompetitorsInsiders & InstitutionsWolverine Asset Management LLCBought 14,331 shares on 2/1/2023Ownership: 0.382%Bank of Montreal CanBought 15,673 shares on 2/1/2023Ownership: 0.259%International Assets Investment Management LLCBought 25,236 shares on 1/30/2023Ownership: 0.418%International Assets Investment Management LLCBought 25,236 shares on 1/24/2023Ownership: 0.418%Parallax Volatility Advisers L.P.Sold 50,000 shares on 11/21/2022Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WMC Stock - Frequently Asked Questions Should I buy or sell Western Asset Mortgage Capital stock right now? 2 Wall Street 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 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 1 year price objectives for Western Asset Mortgage Capital's shares. Their WMC share price forecasts range from $17.50 to $20.00. On average, they expect the company's share price to reach $18.75 in the next twelve months. This suggests a possible upside of 64.6% 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 2023. Since then, WMC shares have increased by 25.0% and is now trading at $11.39. View the best growth stocks for 2023 here. Are investors shorting Western Asset Mortgage Capital? Western Asset Mortgage Capital saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 77,900 shares, a drop of 21.7% from the December 31st total of 99,500 shares. Based on an average daily trading volume, of 40,100 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.3% of the shares of the company are sold short. 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) announced its quarterly earnings results on Thursday, August, 4th. The financial services provider reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.04. Western Asset Mortgage Capital had a negative net margin of 65.42% and a positive trailing twelve-month return on equity of 4.10%. During the same period in the previous year, the business posted $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 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 dividend on an annualized basis and a dividend yield of 14.05%. The ex-dividend date of this dividend 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 13.90%. 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? Shares of Western Asset Mortgage Capital 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 closing bell 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 number of retail and institutional investors. Top institutional investors include International Assets Investment Management LLC (0.42%), International Assets Investment Management LLC (0.42%), Wolverine Asset Management LLC (0.38%), Bank of Montreal Can (0.26%) and Concourse Financial Group Securities Inc. (0.00%). 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 $11.39. How much money does Western Asset Mortgage Capital make? Western Asset Mortgage Capital (NYSE:WMC) has a market capitalization of $68.77 million and generates $-73,722,000.00 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 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.