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

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 19th. Stockholders of record on Monday, December 30th will be given a dividend of $0.31 per share on Friday, January 24th. This represents a $1.24 annualized dividend and a dividend yield of 11.62%. The ex-dividend date is Friday, December 27th. View Western Asset Mortgage Capital's Dividend History.

Western Asset Mortgage Capital Corp (NYSE:WMC) released its quarterly earnings data on Tuesday, November, 5th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.03. The financial services provider earned $16.57 million during the quarter, compared to analyst estimates of $20.95 million. Western Asset Mortgage Capital had a net margin of 18.47% and a return on equity of 11.66%. During the same quarter in the previous year, the company posted $0.33 EPS. View Western Asset Mortgage Capital's Earnings History.

Western Asset Mortgage Capital is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Western Asset Mortgage Capital.

2 Wall Street analysts have issued 1 year target prices for Western Asset Mortgage Capital's stock. Their forecasts 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 twelve months. This suggests that the stock has a possible downside of 1.6%. View Analyst Price Targets 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.

Media headlines about WMC stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Western Asset Mortgage Capital earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave press 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 effect on the company's share price in the immediate future. View News Stories for Western Asset Mortgage Capital.

Western Asset Mortgage Capital saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,140,000 shares, an increase of 15.7% from the December 15th total of 1,850,000 shares. Based on an average daily volume of 331,100 shares, the short-interest ratio is presently 6.5 days. Currently, 4.0% of the company's shares are short sold. View Western Asset Mortgage Capital's Current Options Chain.

Some companies that are related to Western Asset Mortgage Capital include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ready Capital (RC) and CAPSTEAD MTG CO/SH (CMO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Mortgage Capital investors own include New Residential Investment (NRZ), CVR Refining (CVRR), CBL & Associates Properties (CBL), 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 Orchid Island Capital (orc).

Western Asset Mortgage Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.05%). 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.

WMC stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. 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.

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.

One share of WMC stock can currently be purchased for approximately $10.67.

Western Asset Mortgage Capital has a market capitalization of $567.86 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.

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]