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

$11.18
-0.10 (-0.89 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$11.16
Now: $11.18
$11.33
50-Day Range
$10.28
MA: $10.64
$11.28
52-Week Range
$9.31
Now: $11.18
$11.33
Volume523,406 shs
Average Volume389,788 shs
Market Capitalization$595.00 million
P/E Ratio14.15
Dividend Yield10.99%
Beta0.71
Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, residential bridge loans, securitized commercial loans, and other financial assets. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP95790D10
Phone626-844-9400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$209.36 million
Cash Flow$1.37 per share
Book Value$10.45 per share

Profitability

Net Income$26.41 million

Miscellaneous

EmployeesN/A
Market Cap$595.00 million
Next Earnings Date3/4/2020 (Confirmed)
OptionableOptionable

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Western Asset Mortgage Capital (NYSE:WMC) Frequently Asked Questions

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."

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 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.

How were Western Asset Mortgage Capital's earnings last quarter?

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.

When is Western Asset Mortgage Capital's next earnings date?

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.

How can I listen to Western Asset Mortgage Capital's earnings call?

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.

What price target have analysts set for WMC?

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.

What is the consensus analysts' recommendation 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.

Has Western Asset Mortgage Capital been receiving favorable news coverage?

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.

Are investors shorting 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.

Who are some of Western Asset Mortgage Capital's key competitors?

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), 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).

Who are Western Asset Mortgage Capital's key executives?

Western Asset Mortgage Capital's management team includes the folowing people:
  • Mr. James William Hirschmann III, Chairman (Age 58)
  • Ms. Jennifer Williams Murphy CFA, Pres, CEO & Director (Age 54)
  • Ms. Lisa Meyer, CFO & Treasurer (Age 55)
  • Mr. Elliott Neumayer, Chief Operating Officer (Age 38)
  • Mr. Harris Adam Trifon, Chief Investment Officer

Who are Western Asset Mortgage Capital's major shareholders?

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.

Which institutional investors are selling Western Asset Mortgage Capital stock?

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.

Which institutional investors are buying Western Asset Mortgage Capital stock?

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.

How do I buy shares of 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.

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

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

How big of a company is Western Asset Mortgage Capital?

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.

What is Western Asset Mortgage Capital's official website?

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

How can I contact Western Asset Mortgage Capital?

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]


MarketBeat Community Rating for Western Asset Mortgage Capital (NYSE WMC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  369 (Vote Underperform)
Total Votes:  646
MarketBeat's community ratings are surveys of what our community members think about Western Asset Mortgage Capital and other stocks. Vote "Outperform" if you believe WMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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