NYSE:WMC Western Asset Mortgage Capital (WMC) Stock Forecast, Price & News $8.35 +0.16 (+1.95%) (As of 05/30/2023 ET) Add Compare Share Share Today's Range$8.31▼$8.4050-Day Range$8.09▼$9.4552-Week Range$7.00▼$15.84Volume14,090 shsAverage Volume27,782 shsMarket Capitalization$50.43 millionP/E RatioN/ADividend Yield16.77%Price Target$17.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Western Asset Mortgage Capital MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside109.6% Upside$17.50 Price TargetShort InterestHealthy1.20% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.11 out of 5 starsFinance Sector680th out of 905 stocksReal Estate Investment Trusts Industry149th out of 190 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 109.6% from its current price of $8.35.Amount of Analyst CoverageWestern Asset Mortgage Capital has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.20% 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 3, 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 decreased by 5.91%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipWestern Asset Mortgage Capital is a leading dividend payer. It pays a dividend yield of 17.09%, 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 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article 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 -88% compared to the previous 30 days.MarketBeat Follows2 people have added Western Asset Mortgage Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 20.53% 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 -0.89, 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 -0.89, 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 0.53. 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 Corp. operates as a real estate investment trust, which engages in the management of a diversified portfolio of assets. It focuses on investing in financing, and managing real estate related securities, whole loans, and other financial assets. The company was founded on June 3, 2009 and is headquartered in Pasadena, CA.Read More 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 Stock News HeadlinesMay 30, 2023 | finance.yahoo.comWMC - Western Asset Mortgage Capital CorporationMay 20, 2023 | americanbankingnews.comWestern Asset Mortgage Capital (NYSE:WMC) Receives New Coverage from Analysts at StockNews.comMay 30, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 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 ResultsMay 3, 2023 | americanbankingnews.comWestern Asset Mortgage Capital (NYSE:WMC) versus Ellington Residential Mortgage REIT (NYSE:EARN) Head-To-Head ComparisonApril 10, 2023 | americanbankingnews.comFortune Real Estate Investment Trust (OTCMKTS:FRIVF) & Western Asset Mortgage Capital (NYSE:WMC) Financial ReviewMarch 30, 2023 | americanbankingnews.comWestern Asset Mortgage Capital Co. (NYSE:WMC) Declares $0.35 Quarterly DividendMay 30, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. 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Learn how to collect your first payout before June 13th.March 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 ResultsFebruary 6, 2023 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Tax Characteristics of 2022 DividendsJanuary 20, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: Northern (NTRS), Western Asset Mortgage (WMC) and Nasdaq (NDAQ)December 21, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.40 Per ShareNovember 3, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Announces Third Quarter 2022 ResultsOctober 13, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation to Report Third Quarter 2022 Financial ResultsSeptember 23, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per ShareSeptember 17, 2022 | seekingalpha.comWMC Western Asset Mortgage Capital CorporationAugust 16, 2022 | finance.yahoo.comWestern Asset Mortgage (WMC) Is Attractively Priced Despite Fast-paced MomentumJune 30, 2022 | seekingalpha.comWestern Asset Mortgage Capital announced 1-for-10 reverse stock splitJune 30, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Board Approves 1-for-10 Reverse Stock Split RatioJune 21, 2022 | seekingalpha.comWestern Asset Mortgage Capital declares $0.04 dividendJune 21, 2022 | finance.yahoo.comWestern Asset Mortgage Capital Corporation Declares Second Quarter Dividend of $0.04 Per ShareSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 4/26 Dividend3/31/2023Dividend Payable4/26/2023Today5/30/2023Next Earnings (Estimated)8/03/2023Fiscal 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/AEmployeesN/AYear 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+109.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($9.41) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-89,080,000.00 Net Margins-34.56% Pretax Margin-34.49% Return on Equity8.45% Return on Assets0.36% Debt Debt-to-Equity Ratio23.09 Current Ratio726.41 Quick Ratio726.41 Sales & Book Value Annual Sales$158.72 million Price / Sales0.32 Cash Flow$2.28 per share Price / Cash Flow3.67 Book Value$15.70 per share Price / Book0.53Miscellaneous Outstanding Shares6,040,000Free Float5,941,000Market Cap$50.43 million OptionableOptionable Beta1.65 Key ExecutivesBonnie M. WongtrakoolChief Executive Officer & DirectorElliott NeumayerChief Operating OfficerRobert W. LehmanChief Financial OfficerGreg HandlerChief Investment OfficerSean O'Connor JohnsonDeputy Chief Investment OfficerKey CompetitorsAG Mortgage Investment TrustNYSE:MITTGlobal Self StorageNASDAQ:SELFManhattan Bridge CapitalNASDAQ:LOANSotherly HotelsNASDAQ:SOHOACRES Commercial RealtyNYSE:ACRView All CompetitorsInsiders & InstitutionsState Street CorpBought 2,400 shares on 5/16/2023Ownership: 0.405%Susquehanna International Group LLPSold 70,000 shares on 5/16/2023Ownership: 0.000%Renaissance Technologies LLCBought 51,635 shares on 5/12/2023Ownership: 1.241%Sean O JohnsonBought 1,097 shares on 6/8/2022Total: $1,316.40 ($1.20/share)View All Insider TransactionsView All Institutional Transactions WMC Stock - Frequently Asked Questions Should I buy or sell Western Asset Mortgage Capital stock right now? 1 Wall Street 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 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 Wall Street analysts have issued 1 year price objectives for Western Asset Mortgage Capital's shares. Their WMC share price forecasts range from $17.50 to $17.50. On average, they anticipate the company's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 109.6% 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 on January 1st, 2023. Since then, WMC shares have decreased by 8.3% and is now trading at $8.35. View the best growth stocks for 2023 here. When is Western Asset Mortgage Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 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, beating the consensus estimate of $0.40 by $0.04. Western Asset Mortgage Capital had a negative net margin of 34.56% and a positive trailing twelve-month return on equity of 8.45%. During the same period last year, the firm earned $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 declared a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Monday, April 3rd will be given a dividend of $0.35 per share on Wednesday, April 26th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 16.77%. The ex-dividend date is Friday, March 31st. 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 17.09%. 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 shares 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 many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.24%), State Street Corp (0.40%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Bonnie M Wongtrakool, Elliott Neumayer, Greg E Handler, Harris Trifon, Jennifer Murphy, 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 $8.35. How much money does Western Asset Mortgage Capital make? Western Asset Mortgage Capital (NYSE:WMC) has a market capitalization of $50.43 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 ($9.41) 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 5/30/2023 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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