NYSE:WMC Western Asset Mortgage Capital Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Asset Mortgage Capital Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.07 +0.07 (+3.50 %) (As of 09/28/2020 04:18 AM ET) Add Compare Share Today's Range$1.99Now: $2.07▼$2.0950-Day Range$1.99MA: $2.21▼$2.3852-Week Range$1.37Now: $2.07▼$11.33Volume533,000 shsAverage Volume1.50 million shsMarket Capitalization$125.88 millionP/E RatioN/ADividend YieldN/ABeta1.6 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Western 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, 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.Read More Beat the Market (BTM) Rank™ 0.5 Analyst's Opinion Consensus RatingWestern Asset Mortgage Capital has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.00, Western Asset Mortgage Capital has a forecasted downside of 3.4% from its current price of $2.07.Amount of Analyst CoverageWestern Asset Mortgage Capital has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesWestern Asset Mortgage Capital has received 280 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWestern Asset Mortgage Capital has received 385 “underperform” votes. (Add your “underperform” vote.)Community SentimentWestern Asset Mortgage Capital has received 57.89% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldWestern Asset Mortgage Capital does not currently pay a dividend.Dividend GrowthWestern Asset Mortgage Capital does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Western Asset Mortgage Capital will have a dividend payout ratio of 105.26% in the coming year. This indicates that Western Asset Mortgage Capital may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Asset Mortgage Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $39,200.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.61% of the stock of Western Asset Mortgage Capital is held by insiders.Percentage Held by InstitutionsOnly 33.28% of the stock of Western Asset Mortgage Capital is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Western Asset Mortgage Capital are expected to decrease by -61.22% in the coming year, from $0.49 to $0.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Asset Mortgage Capital is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Western Asset Mortgage Capital is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioWestern Asset Mortgage Capital has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.5Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.25 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:WMC Previous Symbol CUSIP95790D10 CIK1465885 Webwww.westernassetmcc.com Phone626-844-9400Debt Debt-to-Equity Ratio10.74 Current Ratio492.20 Quick Ratio492.20Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio4.22 P/E GrowthN/A Sales & Book Value Annual Sales$217.26 million Price / Sales0.58 Cash Flow$1.41 per share Price / Cash Flow1.47 Book Value$10.60 per share Price / Book0.20Profitability EPS (Most Recent Fiscal Year)$1.21 Net Income$70.70 million Net Margins-184.72% Return on Equity13.70% Return on Assets1.29%Miscellaneous EmployeesN/A Outstanding Shares60,813,000Market Cap$125.88 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $2.07 +0.07 (+3.50 %) (As of 09/28/2020 04:18 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WMC News and Ratings via Email Sign-up to receive the latest news and ratings for WMC and its competitors with MarketBeat's FREE daily newsletter. Western Asset Mortgage Capital (NYSE:WMC) Frequently Asked Questions How has Western Asset Mortgage Capital's stock been impacted by COVID-19? Western Asset Mortgage Capital's stock was trading at $9.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WMC stock has decreased by 77.3% and is now trading at $2.07. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Western Asset Mortgage Capital. 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, November 3rd 2020. View our earnings forecast for Western Asset Mortgage Capital. How were Western Asset Mortgage Capital's earnings last quarter? Western Asset Mortgage Capital Corp (NYSE:WMC) issued its quarterly earnings results on Wednesday, August, 5th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.08. Western Asset Mortgage Capital had a negative net margin of 184.72% and a positive 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 Tuesday, September 22nd. Shareholders of record on Friday, October 2nd will be given a dividend of $0.05 per share on Monday, October 26th. This represents a $0.20 dividend on an annualized basis and a yield of 9.66%. The ex-dividend date is Thursday, October 1st. View Western Asset Mortgage Capital's dividend history. What price target have analysts set for WMC? 2 Wall Street analysts have issued 12 month price targets 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 3.4%. View analysts' price targets for Western Asset Mortgage Capital. Are investors shorting Western Asset Mortgage Capital? Western Asset Mortgage Capital saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,520,000 shares, a drop of 37.6% from the August 15th total of 4,040,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the days-to-cover ratio is currently 1.9 days. View Western Asset Mortgage Capital's Short Interest. Who are some of Western Asset Mortgage Capital's key competitors? Some companies that are related to Western Asset Mortgage Capital include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), Colony Capital (CLNY), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), Ready Capital (RC), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO) and Invesco Mortgage Capital (IVR). View all 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), NY MTG TR INC/SH (NYMT), CBL & Associates Properties (CBL), CVR Refining (CVRR), Hi-Crush Partners (HCLP), Two Harbors Investment (TWO), DHT (DHT), 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 58)Ms. Jennifer Williams Murphy CFA, Pres, CEO & Director (Age 54)Ms. Lisa Meyer, CFO & Treasurer (Age 55)Mr. Elliott Neumayer, Chief Operating Officer (Age 38)Mr. Harris Adam Trifon, Chief Investment Officer 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 many different retail and institutional investors. Top institutional investors include WINTON GROUP Ltd (1.47%), Prudential Financial Inc. (1.15%), Two Sigma Advisers LP (0.63%), Charles Schwab Investment Management Inc. (0.59%), Nuveen Asset Management LLC (0.48%) and Goldman Sachs Group Inc. (0.49%). Company insiders that own Western Asset Mortgage Capital stock include Dennis Joseph Mcnamara, Harris Trifon, Jennifer Murphy, Lisa Meyer and Sean O Johnson. View institutional ownership trends for Western Asset Mortgage Capital. Which major investors are selling Western Asset Mortgage Capital stock? WMC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Prudential Financial Inc., Goldman Sachs Group Inc., Bank of America Corp DE, and LSV Asset Management. View insider buying and selling activity for Western Asset Mortgage Capital. Which major investors are buying Western Asset Mortgage Capital stock? WMC stock was acquired by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Nisa Investment Advisors LLC, Nuveen Asset Management LLC, Two Sigma Advisers LP, Charles Schwab Investment Management Inc., Leap Investments LP, California Public Employees Retirement System, and Engineers Gate Manager LP. Company insiders that have bought Western Asset Mortgage Capital stock in the last two years include Dennis Joseph Mcnamara, Harris Trifon, Jennifer Murphy, Lisa Meyer, and Sean O Johnson. View insider buying and selling activity 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, 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 $2.07. How big of a company is Western Asset Mortgage Capital? Western Asset Mortgage Capital has a market capitalization of $125.88 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 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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