Western Asset Mortgage Capital Stock Forecast, Price & News

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 (WHO). Since then, WMC shares have decreased by 76.9% and is now trading at $2.11.
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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.

Western Asset Mortgage Capital is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Western Asset Mortgage Capital.

Western Asset Mortgage Capital will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Western Asset Mortgage Capital Co. (NYSE:WMC) issued its earnings results on Wednesday, August, 5th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate 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.

Western Asset Mortgage Capital declared a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.05 per share on Monday, October 26th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date of this dividend is Thursday, October 1st.
View Western Asset Mortgage Capital's dividend history.

2 brokers 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 anticipate Western Asset Mortgage Capital's share price to reach $2.00 in the next year. This suggests that the stock has a possible downside of 5.2%.
View analysts' price targets for Western Asset Mortgage Capital.

Some companies that are related to Western Asset Mortgage Capital include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Chimera Investment (CIM), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), Two Harbors Investment (TWO), Apollo Commercial Real Estate Finance (ARI), MFA Financial (MFA), New York Mortgage Trust (NYMT), Redwood Trust (RWT), Ready Capital (RC), ARMOUR Residential REIT (ARR), Capstead Mortgage (CMO) and Invesco Mortgage Capital (IVR).
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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), Hi-Crush Partners (HCLP), DHT (DHT), Two Harbors Investment (TWO), SunCoke Energy Partners (SXCP), SEASPAN CORP/SH SH (SSW) and NGL Energy Partners (NGL).

Western Asset Mortgage Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMC."

Western Asset Mortgage Capital's stock is owned by a variety of institutional and retail investors. Top institutional investors include LSV Asset Management (0.36%), Nisa Investment Advisors LLC (0.05%) and Avantax Advisory Services Inc. (0.04%). 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.

WMC stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, and LSV Asset Management.
View insider buying and selling activity for Western Asset Mortgage Capital.

WMC stock was bought by a variety of institutional investors in the last quarter, including Avantax Advisory Services Inc.. 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.

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 $2.11.

Western Asset Mortgage Capital has a market capitalization of $128.31 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.

The official website for Western Asset Mortgage Capital is 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]