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Western Asset Mortgage Capital Stock Price, News & Analysis (NYSE:WMC)

$9.96
+0.01 (+0.10 %)
(As of 10/23/2019 04:26 AM ET)
Today's Range
$9.89
Now: $9.96
$9.97
50-Day Range
$9.35
MA: $9.78
$10.13
52-Week Range
$8.26
Now: $9.96
$10.66
Volume193,157 shs
Average Volume351,898 shs
Market Capitalization$530.11 million
P/E Ratio7.32
Dividend Yield12.46%
Beta0.76
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$1.38 per share
Book Value$10.45 per share

Profitability

Net Income$26.41 million

Miscellaneous

EmployeesN/A
Market Cap$530.11 million
Next Earnings Date11/5/2019 (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, September 19th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.31 per share on Friday, October 25th. This represents a $1.24 annualized dividend and a dividend yield of 12.45%. The ex-dividend date is Friday, September 27th. View Western Asset Mortgage Capital's Dividend History.

How will Western Asset Mortgage Capital's stock buyback program work?

Western Asset Mortgage Capital announced that its board has approved a share buyback program 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 reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

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

Western Asset Mortgage Capital Corp (NYSE:WMC) issued its quarterly earnings data on Tuesday, August, 6th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.01. The financial services provider had revenue of $15.86 million for the quarter, compared to analyst estimates of $20.80 million. Western Asset Mortgage Capital had a net margin of 18.19% and a return on equity of 11.60%. During the same quarter last year, the company posted $0.36 earnings per share. 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 Tuesday, November 5th 2019. 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 Tuesday, November 5th 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 analysts have issued 1 year price objectives for Western Asset Mortgage Capital's stock. Their predictions range from $10.50 to $10.50. On average, they anticipate Western Asset Mortgage Capital's stock price to reach $10.50 in the next year. This suggests a possible upside of 5.4% from the stock's current price. 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?

News articles about WMC stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western Asset Mortgage Capital earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Western Asset Mortgage Capital.

Are investors shorting Western Asset Mortgage Capital?

Western Asset Mortgage Capital saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,390,000 shares, an increase of 9.4% from the August 30th total of 1,270,000 shares. Based on an average daily trading volume, of 342,900 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.6% of the shares of the company 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?

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 many different of institutional and retail investors. Top institutional investors include Virginia Retirement Systems ET AL (0.09%), Nisa Investment Advisors LLC (0.04%) and Strs Ohio (0.03%). 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 Nisa Investment Advisors LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Western Asset Mortgage Capital.

Which institutional investors are buying Western Asset Mortgage Capital stock?

WMC stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio. 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 $9.96.

How big of a company is Western Asset Mortgage Capital?

Western Asset Mortgage Capital has a market capitalization of $530.11 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:  2.2 out of 5 (star star)
Outperform Votes:  270 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  619
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 10/23/2019 by MarketBeat.com Staff

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