S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:WMC

Western Asset Mortgage Capital (WMC) Stock Forecast, Price & News

$1.26
+0.05 (+4.13%)
(As of 05/13/2022 07:00 PM ET)
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Today's Range
$1.20
$1.27
50-Day Range
$1.20
$1.84
52-Week Range
$1.10
$4.19
Volume
376,900 shs
Average Volume
384,982 shs
Market Capitalization
$76.08 million
P/E Ratio
N/A
Dividend Yield
12.70%
Beta
1.94
30 days | 90 days | 365 days | Advanced Chart
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Western Asset Mortgage Capital logo

About Western Asset Mortgage Capital

Western Asset Mortgage Capital Corporation operates as a real estate investment trust. It invests in, acquires, and manages a portfolio of assets with a focus on residential real estate related investments, including non-qualified mortgage loans, non-agency residential mortgage-backed securities (RMBS), and other related investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Salt Lake City, Utah.

Headlines

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
95790D10
Fax
N/A
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
$164.07 million
Cash Flow
$0.37 per share
Book Value
$2.74 per share

Profitability

Net Income
$-48.95 million
Pretax Margin
-52.05%

Debt

Price-To-Earnings

Miscellaneous

Free Float
59,897,000
Market Cap
$76.08 million
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/26 Dividend
4/01/2022
Dividend Payable
4/26/2022
Last Earnings
5/05/2022
Today
5/15/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.61 out of 5 stars

Finance Sector

366th out of 1,349 stocks

Real Estate Investment Trusts Industry

59th out of 233 stocks

Analyst Opinion: 2.5Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













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

Is Western Asset Mortgage Capital a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Western Asset Mortgage Capital in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" Western Asset Mortgage Capital stock.
View analyst ratings for Western Asset Mortgage Capital
or view top-rated stocks.

Are investors shorting Western Asset Mortgage Capital?

Western Asset Mortgage Capital saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 699,100 shares, a decline of 31.5% from the March 15th total of 1,020,000 shares. Based on an average daily trading volume, of 410,300 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.2% of the shares of the company are short sold.
View Western Asset Mortgage Capital's Short Interest
.

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

Western Asset Mortgage Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Western Asset Mortgage Capital
.

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

Western Asset Mortgage Capital Co. (NYSE:WMC) posted its earnings results on Thursday, May, 5th. The financial services provider reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.05. Western Asset Mortgage Capital had a positive trailing twelve-month return on equity of 3.94% and a negative net margin of 53.54%. During the same quarter in the prior year, the business earned $0.10 earnings per share.
View Western Asset Mortgage Capital's earnings history
.

How often does Western Asset Mortgage Capital pay dividends? What is the dividend yield for Western Asset Mortgage Capital?

Western Asset Mortgage Capital announced a quarterly dividend on Thursday, March 24th. Investors of record on Monday, April 4th will be given a dividend of $0.04 per share on Tuesday, April 26th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 12.70%. The ex-dividend date is Friday, April 1st.
View Western Asset Mortgage Capital's dividend history
.

Is Western Asset Mortgage Capital a good dividend stock?

Western Asset Mortgage Capital pays an annual dividend of $0.16 per share and currently has a dividend yield of 13.22%. WMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Western Asset Mortgage Capital's dividend history.

What price target have analysts set for WMC?

1 brokerages have issued 1-year price targets for Western Asset Mortgage Capital's stock. Their forecasts range from $2.00 to $2.00. On average, they anticipate Western Asset Mortgage Capital's stock price to reach $2.00 in the next year. This suggests a possible upside of 58.7% from the stock's current price.
View analysts' price targets for Western Asset Mortgage Capital
or view top-rated stocks among Wall Street analysts.

Who are Western Asset Mortgage Capital's key executives?
Western Asset Mortgage Capital's management team includes the following people:
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), New York Mortgage Trust (NYMT), CBL & Associates Properties (CBL), CVR Refining (CVRR), (HCLP) (HCLP), DHT (DHT), Two Harbors Investment (TWO), SunCoke Energy Partners (SXCP), SEASPAN CORP/SH SH (SSW) and NGL Energy Partners (NGL).

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."

Who are Western Asset Mortgage Capital's major shareholders?

Western Asset Mortgage Capital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (2.91%), Vanguard Group Inc. (2.49%), BlackRock Inc. (1.99%), Victory Capital Management Inc. (0.55%), AE Wealth Management LLC (0.38%) and Teamwork Financial Advisors LLC (0.38%). Company insiders that own Western Asset Mortgage Capital stock include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, 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 BlackRock Inc., Vanguard Group Inc., Group One Trading L.P., Bank of New York Mellon Corp, JPMorgan Chase & Co., AE Wealth Management LLC, Teamwork Financial Advisors LLC, and Northern Trust Corp.
View insider buying and selling activity for Western Asset Mortgage Capital
or view top insider-selling stocks.

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 Beach Point Capital Management LP, Renaissance Technologies LLC, and Victory Capital Management Inc.. Company insiders that have bought Western Asset Mortgage Capital stock in the last two years include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Harris Trifon, Jennifer Murphy, and Lisa Meyer.
View insider buying and selling activity for Western Asset Mortgage Capital
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of WMC stock can currently be purchased for approximately $1.26.

How much money does Western Asset Mortgage Capital make?

Western Asset Mortgage Capital has a market capitalization of $76.08 million and generates $164.07 million in revenue each year. The financial services provider earns $-48.95 million in net income (profit) each year or ($1.360010) on an earnings per share basis.

What is Western Asset Mortgage Capital's official website?

The official website for Western Asset Mortgage Capital is 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].

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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