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

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

Western Asset Mortgage Capital announced a quarterly dividend on Thursday, December 20th. Investors of record on Monday, December 31st will be given a dividend of $0.31 per share on Friday, January 25th. This represents a $1.24 annualized dividend and a dividend yield of 13.39%. The ex-dividend date of this dividend is Friday, December 28th. View Western Asset Mortgage Capital's Dividend History.

Western Asset Mortgage Capital announced that its board has initiated a stock repurchase program on Friday, December 22nd 2017, which allows the company to buyback 2,100,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Western Asset Mortgage Capital Corp (NYSE:WMC) posted its quarterly earnings results on Wednesday, November, 7th. The financial services provider reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.01. The financial services provider earned $15.94 million during the quarter, compared to analyst estimates of $19.20 million. Western Asset Mortgage Capital had a return on equity of 11.50% and a net margin of 31.62%. The business's revenue for the quarter was down 14.1% on a year-over-year basis. During the same period last year, the company posted $0.32 EPS. View Western Asset Mortgage Capital's Earnings History.

Western Asset Mortgage Capital is scheduled to release their next quarterly earnings announcement on Monday, March 4th 2019. View Earnings Estimates for Western Asset Mortgage Capital.

Press coverage about WMC stock has trended somewhat negative on Wednesday, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 coverage optimism score of -1.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Western Asset Mortgage Capital include Four Corners Property Trust (FCPT), CYRELA BRAZIL R/S (CYRBY), Invesco Mortgage Capital (IVR), LTC Properties (LTC), Caretrust REIT (CTRE), Chesapeake Lodging Trust (CHSP), Alexander's (ALX), Alexander & Baldwin (ALEX), National Storage Affiliates Trust (NSA), Safestore (SFSHF), Global Net Lease (GNL), American Finance Trust (AFIN), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Redwood Trust (RWT) and Kite Realty Group Trust (KRG).

Western Asset Mortgage Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fox Run Management L.L.C. (0.02%). 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 purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. 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 $9.26.

Western Asset Mortgage Capital has a market capitalization of $440.75 million and generates $154.74 million in revenue each year.

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]