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 declared a quarterly dividend on Friday, June 22nd. Shareholders of record on Monday, July 2nd will be paid a dividend of $0.31 per share on Thursday, July 26th. This represents a $1.24 dividend on an annualized basis and a yield of 11.47%. The ex-dividend date is Friday, June 29th. View Western Asset Mortgage Capital's Dividend History.

Western Asset Mortgage Capital announced that its Board of Directors has authorized a stock buyback plan on Friday, December 22nd 2017, which authorizes the company to buyback 2,100,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

Western Asset Mortgage Capital Corp (NYSE:WMC) announced its quarterly earnings data on Monday, May, 7th. The financial services provider reported $0.32 EPS for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.02. The financial services provider earned $19.03 million during the quarter, compared to analysts' expectations of $18.80 million. Western Asset Mortgage Capital had a net margin of 54.01% and a return on equity of 11.52%. 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), Alexander & Baldwin (ALEX), Agree Realty (ADC), Washington Prime Group (WPG), Safestore (SFSHF), Summit Hotel Properties (INN), National Storage (NSA), Four Corners Property Trust (FCPT), Industrial Logistics Properties Trust (ILPT), Kite Realty Group Trust (KRG), Global Net Lease (GNL), Caretrust REIT (CTRE), Redwood Trust (RWT) and Monmouth R.E. Inv. Corp. Class A (MNR).

Press coverage about WMC stock has been trending positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset Mortgage Capital earned a news impact score of 0.36 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Western Asset Mortgage Capital's stock is owned by many different 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 purchased 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 $10.81.

Western Asset Mortgage Capital has a market capitalization of $448.20 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]