NYSE:WMC - Western Asset Mortgage Capital Stock Price, Price Target & More

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$10.81 +0.04 (+0.37 %)
(As of 06/25/2018 01:25 PM ET)
Previous Close$10.78
Today's Range$10.76 - $10.81
52-Week Range$8.54 - $10.95
Volume4,276 shs
Average Volume285,809 shs
Market Capitalization$448.20 million
P/E Ratio9.36
Dividend Yield11.51%
Beta0.45
Western Asset Mortgage Capital logoWestern 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, and other financial assets. 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. The company was founded in 2009 and is based in Pasadena, California.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio10.48
Current Ratio415.70
Quick Ratio415.70

Price-To-Earnings

Trailing P/E Ratio9.36
Forward P/E Ratio7.56
P/E GrowthN/A

Sales & Book Value

Annual Sales$154.74 million
Price / Sales2.91
Cash Flow$1.1367 per share
Price / Cash9.51
Book Value$11.12 per share
Price / Book0.97

Profitability

EPS (Most Recent Fiscal Year)$1.15
Net Income$85.09 million
Net Margins54.01%
Return on Equity11.52%
Return on Assets1.26%

Miscellaneous

EmployeesN/A
Outstanding Shares41,620,000

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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 Friday, June 22nd. Shareholders of record on Monday, July 2nd will be paid a dividend of $0.31 per share on Thursday, July 26th. This represents a $1.24 dividend on an annualized basis and a yield of 11.47%. The ex-dividend date is Friday, June 29th. 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 of Directors has authorized a stock buyback plan 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 purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

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

Western Asset Mortgage Capital Corp (NYSE:WMC) announced its quarterly earnings data on Monday, May, 7th. The financial services provider reported $0.32 EPS for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.02. The financial services provider earned $19.03 million during the quarter, compared to analysts' expectations of $18.80 million. Western Asset Mortgage Capital had a net margin of 54.01% and a return on equity of 11.52%. During the same period last year, the firm posted $0.25 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, August, 14th 2018. View Earnings Estimates for Western Asset Mortgage Capital.

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

Who are Western Asset Mortgage Capital's key executives?

Western Asset Mortgage Capital's management team includes the folowing people:
  • Ms. Lisa Meyer, CFO & Treasurer (Age 54)
  • Mr. James William Hirschmann III, Chairman (Age 57)
  • Ms. Jennifer Williams Murphy CFA, Pres, CEO & Director (Age 53)
  • Mr. Elliott Neumayer, Chief Operating Officer (Age 37)
  • Mr. Anupam Agarwal, Chief Investment Officer (Age 50)

Has Western Asset Mortgage Capital been receiving favorable news coverage?

Press coverage about WMC stock has been trending positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset Mortgage Capital earned a news impact score of 0.36 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.50 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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 BlackRock Inc. (9.01%), UBS Group AG (3.13%), Prudential Financial Inc. (2.78%), Northern Trust Corp (1.17%), Schwab Charles Investment Management Inc. (1.00%) and Van ECK Associates Corp (0.49%). Company insiders that own Western Asset Mortgage Capital stock include 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., JPMorgan Chase & Co., Thrivent Financial for Lutherans, California Public Employees Retirement System, UBS Group AG and Van ECK Associates Corp. 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 Prudential Financial Inc., Schwab Charles Investment Management Inc., Aperio Group LLC, Cetera Advisors LLC, Koch Industries Inc., Northern Trust Corp, Barclays PLC and Guggenheim Capital LLC. 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.

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, Scottrade, 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 $10.81.

How big of a company is Western Asset Mortgage Capital?

Western Asset Mortgage Capital has a market capitalization of $448.20 million and generates $154.74 million in revenue each year. The financial services provider earns $85.09 million in net income (profit) each year or $1.15 on an earnings per share basis.

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 (WMC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  460
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 6/25/2018 by MarketBeat.com Staff

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