S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NYSE:WMC

Western Asset Mortgage Capital Stock Forecast, Price & News

$2.98
+0.02 (+0.68 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$2.86
Now: $2.98
$2.98
50-Day Range
$2.87
MA: $3.26
$3.59
52-Week Range
$1.37
Now: $2.98
$11.33
Volume850,935 shs
Average Volume788,654 shs
Market Capitalization$181.22 million
P/E RatioN/A
Dividend Yield8.11%
Beta1.62
Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on acquiring, 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. 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.
Western Asset Mortgage Capital logo

MarketRank

Overall MarketRank

1.15 out of 5 stars

Finance Sector

947th out of 1,933 stocks

Real Estate Investment Trusts Industry

199th out of 273 stocks

Analyst Opinion: 0.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP95790D10
Phone626-844-9400
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$217.26 million
Cash Flow$1.91 per share
Book Value$10.60 per share

Profitability

Net Income$70.70 million
Net Margins-184.72%

Miscellaneous

Market Cap$181.22 million
Next Earnings Date3/3/2021 (Estimated)
OptionableOptionable
$2.98
+0.02 (+0.68 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Western Asset Mortgage Capital's stock price been impacted by Coronavirus?

Western Asset Mortgage Capital's stock was trading at $9.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WMC shares have decreased by 67.3% and is now trading at $2.98.
View which stocks have been most impacted by COVID-19
.

Is Western Asset Mortgage Capital a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Asset Mortgage Capital in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" Western Asset Mortgage Capital stock.
View analyst ratings for Western Asset Mortgage Capital
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Western Asset Mortgage Capital?

Wall Street analysts have given Western Asset Mortgage Capital a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Asset Mortgage Capital wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Western Asset Mortgage Capital is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
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) announced its quarterly earnings results on Thursday, November, 5th. The financial services provider reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.05. Western Asset Mortgage Capital had a negative net margin of 184.72% and a positive trailing twelve-month return on equity of 13.70%.
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 declared a quarterly dividend on Friday, December 18th. Shareholders of record on Friday, December 25th will be given a dividend of $0.06 per share on Tuesday, January 26th. This represents a $0.24 annualized dividend and a yield of 8.05%. The ex-dividend date is Thursday, December 24th. This is an increase from Western Asset Mortgage Capital's previous quarterly dividend of $0.05.
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 $0.24 per share and currently has a dividend yield of 8.11%. WMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Western Asset Mortgage Capital does not yet have a strock track record of dividend growth. The dividend payout ratio of Western Asset Mortgage Capital is 19.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Western Asset Mortgage Capital will have a dividend payout ratio of 114.29% in the coming year. This indicates that Western Asset Mortgage Capital may not be able to sustain their current dividend.
View Western Asset Mortgage Capital's dividend history.

What price target have analysts set for WMC?

1 Wall Street analysts have issued 1 year price objectives for Western Asset Mortgage Capital's shares. Their forecasts range from $2.00 to $2.00. On average, they expect Western Asset Mortgage Capital's stock price to reach $2.00 in the next twelve months. This suggests that the stock has a possible downside of 32.9%.
View analysts' price targets for Western Asset Mortgage Capital
or view Wall Street analyst' top-rated stocks.

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

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).

Who are Western Asset Mortgage Capital's key executives?

Western Asset Mortgage Capital's management team includes the following people:
  • Mr. James William Hirschmann III, Chairman (Age 60)
  • Ms. Jennifer Williams Murphy C.F.A., CFA, Pres, CEO & Director (Age 56)
  • Ms. Lisa Meyer, CFO & Treasurer (Age 57, Pay $875k)
  • Mr. Elliott Neumayer, Chief Operating Officer (Age 40)
  • Mr. Sean O. Johnson, Interim Co-Chief Investment Officer (Age 53)
  • Mr. Larry A. Clark CFA, Investor Relations Contact
  • Mr. Charles Antony Ruys De Perez J.D., Sec. (Age 63)
  • Mr. James Joseph Flick, Director of Client Service & Marketing - Western Asset Management Company
  • Adam C. E. Wright, Assistant Sec.

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 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.

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

One share of WMC stock can currently be purchased for approximately $2.98.

How big of a company is Western Asset Mortgage Capital?

Western Asset Mortgage Capital has a market capitalization of $181.22 million and generates $217.26 million in revenue each year. The financial services provider earns $70.70 million in net income (profit) each year or $1.21 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 1/24/2021 by MarketBeat.com Staff

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