NYSE:WMC Western Asset Mortgage Capital (WMC) Stock Forecast, Price & News $9.83 +0.01 (+0.10%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$9.83▼$10.0050-Day Range$9.35▼$10.8252-Week Range$7.00▼$12.54Volume15,642 shsAverage Volume30,193 shsMarket Capitalization$59.37 millionP/E RatioN/ADividend Yield14.24%Price Target$17.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Western Asset Mortgage Capital MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside78.0% Upside$17.50 Price TargetShort InterestHealthy0.24% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.86Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.19 out of 5 starsFinance Sector537th out of 837 stocksReal Estate Investment Trusts Industry112th out of 181 stocks 3.5 Analyst's Opinion Consensus RatingWestern Asset Mortgage Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.50, Western Asset Mortgage Capital has a forecasted upside of 78.0% from its current price of $9.83.Amount of Analyst CoverageWestern Asset Mortgage Capital has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.24% of the float of Western Asset Mortgage Capital has been sold short.Short Interest Ratio / Days to CoverWestern Asset Mortgage Capital has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Western Asset Mortgage Capital has recently increased by 20.87%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Asset Mortgage Capital is a leading dividend payer. It pays a dividend yield of 14.26%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestern Asset Mortgage Capital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WMC. Previous Next 3.3 News and Social Media Coverage News SentimentWestern Asset Mortgage Capital has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Western Asset Mortgage Capital this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for WMC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows7 people have added Western Asset Mortgage Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Western Asset Mortgage Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Western Asset Mortgage Capital is held by insiders.Percentage Held by InstitutionsOnly 14.66% of the stock of Western Asset Mortgage Capital is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Western Asset Mortgage Capital is -1.38, 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 -1.38, 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 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Western Asset Mortgage Capital (NYSE:WMC) StockWestern 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. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Pasadena, California.Read More WMC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WMC Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comWestern Asset Mortgage Capital (NYSE:WMC) Stock Passes Above 200-Day Moving Average of $9.21September 19, 2023 | americanbankingnews.comWestern Asset Mortgage Capital (NYSE:WMC) Coverage Initiated by Analysts at StockNews.comSeptember 26, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 12, 2023 | businesswire.comWESTERN ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Asset ...August 10, 2023 | uk.finance.yahoo.comQ2 2023 Western Asset Mortgage Capital Corp Earnings CallAugust 9, 2023 | benzinga.comWMC Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Western Asset Mortgage Capital Corporation Is Fair to ShareholdersAugust 9, 2023 | finance.yahoo.comTerra Property Trust Issues Statement Regarding Terminated Transaction with Western Asset Mortgage Capital CorporationAugust 8, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Second Quarter 2023 ResultsSeptember 26, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.August 3, 2023 | finance.yahoo.comTerra Property Trust tops Angelo Gordon-backed REIT's bid for Western Asset Mortgage -letterJuly 28, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Board Determines AG Mortgage Investment Trust, Inc. Proposal Is Superior to Terra Property Trust, Inc. Merger AgreementJuly 18, 2023 | msn.comWestern Asset Mortgage to start merger talks with AG Mortgage InvestmentJuly 13, 2023 | msn.comAG Mortgage Investment offers to acquire Western Asset Mortgage for $9.88/shareJuly 10, 2023 | markets.businessinsider.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates KDNY, WMC, IMNM, AJXJuly 5, 2023 | fool.comWestern Asset Mortgage Capital (NYSE: WMC)June 30, 2023 | businesswire.comWESTERN ASSET THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Western Asset Mortgage Capital Corporation ...June 28, 2023 | benzinga.comSHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Western Asset Mortgage Capital Corporation MergerJune 28, 2023 | benzinga.comWMC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Western Asset Mortgage Capital Corporation Is Fair to ShareholdersMay 30, 2023 | finance.yahoo.comWMC - Western Asset Mortgage Capital CorporationMay 4, 2023 | msn.comWestern Asset Mortgage Capital Non-GAAP EPS of $0.36May 4, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces First Quarter 2023 ResultsMarch 6, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation (NYSE:WMC) Q4 2022 Earnings Call TranscriptMarch 5, 2023 | seekingalpha.comWestern Asset Mortgage Capital Corporation 2022 Q4 - Results - Earnings Call PresentationMarch 5, 2023 | seekingalpha.comWestern Asset Mortgage Capital Corporation (WMC) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2022 ResultsMarch 2, 2023 | seekingalpha.comWestern Asset Mortgage Capital Non-GAAP EPS of $0.33, Net interest income of $4.77MFebruary 10, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation to Report Fourth Quarter and Full Year 2022 Financial ResultsSee More Headlines Receive WMC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Asset Mortgage Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address WMC Company Calendar Last Earnings8/04/2022Ex-Dividend for 7/26 Dividend6/30/2023Dividend Payable7/26/2023Today9/25/2023Ex-Dividend for 10/26 Dividend9/29/2023Dividend Payable10/26/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:WMC CUSIP95790D10 CIK1465885 Webwww.westernassetmcc.com Phone(626) 844-9400FaxN/AEmployees1Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.50 High Stock Price Forecast$17.50 Low Stock Price Forecast$17.50 Forecasted Upside/Downside+78.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($7.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-89,080,000.00 Net Margins-26.07% Pretax Margin-25.97% Return on Equity8.17% Return on Assets0.32% Debt Debt-to-Equity Ratio24.54 Current Ratio415.82 Quick Ratio415.82 Sales & Book Value Annual Sales$158.72 million Price / Sales0.37 Cash Flow$2.23 per share Price / Cash Flow4.40 Book Value$15.70 per share Price / Book0.63Miscellaneous Outstanding Shares6,040,000Free Float5,941,000Market Cap$59.37 million OptionableOptionable Beta1.64 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. James William Hirschmann III (Age 62)Chairman Mr. Robert Lehman (Age 62)Chief Financial Officer Comp: $341.78kMr. Elliott Neumayer (Age 42)Chief Operating Officer Mr. Sean O. Johnson C.F.A. (Age 56)Deputy Chief Investment Officer Ms. Bonnie Wongtrakool C.F.A. (Age 49)CEO & Director Mr. Greg Handler C.F.A. (Age 42)Chief Investment Officer Mr. Larry Clark CFAInvestor Relations ContactMr. Charles Antony Ruys de Perez J.D. (Age 65)Sec. Adam C. E. WrightAssistant Sec.More ExecutivesKey CompetitorsAG Mortgage Investment TrustNYSE:MITTGlobal Self StorageNASDAQ:SELFManhattan Bridge CapitalNASDAQ:LOANClipper RealtyNYSE:CLPRSotherly HotelsNASDAQ:SOHOView All CompetitorsInstitutional OwnershipCitadel Advisors LLCBought 390 shares on 8/15/2023Ownership: 0.000%BlackRock Inc.Bought 2,524 shares on 8/11/2023Ownership: 1.989%Geode Capital Management LLCBought 15,699 shares on 8/11/2023Ownership: 1.087%Renaissance Technologies LLCSold 13,017 shares on 8/11/2023Ownership: 1.025%Saltoro Capital LPBought 82,587 shares on 8/9/2023Ownership: 1.367%View All Institutional Transactions WMC Stock - Frequently Asked Questions Should I buy or sell Western Asset Mortgage Capital stock 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 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WMC shares. View WMC analyst ratings or view top-rated stocks. What is Western Asset Mortgage Capital's stock price forecast for 2023? 1 equities research analysts have issued 1-year price targets for Western Asset Mortgage Capital's stock. Their WMC share price forecasts range from $17.50 to $17.50. On average, they expect the company's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 78.0% from the stock's current price. View analysts price targets for WMC or view top-rated stocks among Wall Street analysts. How have WMC shares performed in 2023? Western Asset Mortgage Capital's stock was trading at $9.11 at the beginning of 2023. Since then, WMC shares have increased by 7.9% and is now trading at $9.83. View the best growth stocks for 2023 here. Are investors shorting Western Asset Mortgage Capital? Western Asset Mortgage Capital saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,900 shares, an increase of 20.9% from the August 15th total of 11,500 shares. Based on an average trading volume of 37,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company's shares are short sold. View Western Asset Mortgage Capital's Short Interest. When is Western Asset Mortgage Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our WMC earnings forecast. How were Western Asset Mortgage Capital's earnings last quarter? Western Asset Mortgage Capital Co. (NYSE:WMC) posted its quarterly earnings data on Thursday, August, 4th. The financial services provider reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. Western Asset Mortgage Capital had a negative net margin of 26.07% and a positive trailing twelve-month return on equity of 8.17%. During the same period in the prior year, the firm posted $0.50 earnings per share. 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, September 21st. Shareholders of record on Monday, October 2nd will be given a dividend of $0.35 per share on Thursday, October 26th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 14.24%. The ex-dividend date of this dividend is Friday, September 29th. Read our dividend analysis for WMC. Is Western Asset Mortgage Capital a good dividend stock? Western Asset Mortgage Capital (NYSE:WMC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 14.26%. WMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for WMC. When did Western Asset Mortgage Capital's stock split? Western Asset Mortgage Capital's stock reverse split before market open on Monday, July 11th 2022. The 1-10 reverse split was announced on Monday, July 11th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 11th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.99%), Saltoro Capital LP (1.37%), Geode Capital Management LLC (1.09%), Renaissance Technologies LLC (1.03%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Lisa Meyer and Sean O Johnson. View institutional ownership trends. How do I buy shares of Western Asset Mortgage Capital? Shares of WMC stock 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 $9.83. How much money does Western Asset Mortgage Capital make? Western Asset Mortgage Capital (NYSE:WMC) has a market capitalization of $59.37 million and generates $158.72 million in revenue each year. The financial services provider earns $-89,080,000.00 in net income (profit) each year or ($7.14) 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 official website for the company is www.westernassetmcc.com. The financial services provider can be reached via phone at (626) 844-9400 or via email at lclark@finprofiles.com. This page (NYSE:WMC) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Western Asset Mortgage Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free 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. 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