Western Asset Mortgage Capital (WMC) Stock Price, News & Analysis

Company Overview

Western 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.

Key Stats

• Today's Range: $9.18 to $9.18
• 50-Day Range: $8.25 to $9.18
• 52-Week Range: $7.82 to $11.64
• Volume: N/A
• Average Volume: 28,260 shs
• Market Capitalization: $55.54 million
• P/E Ratio: N/A
• Dividend Yield: 4.36%
• Price Target: N/A
• Consensus Rating: N/A

WMC Stock Analysis - Frequently Asked Questions

How were Western Asset Mortgage Capital's earnings last quarter?

Western Asset Mortgage Capital Co. (NYSE:WMC) posted its quarterly earnings results on Thursday, August, 4th. The financial services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. Western Asset Mortgage Capital had a positive trailing twelve-month return on equity of 8.01% and a negative net margin of 7.10%.
Read the conference call transcript.

When did Western Asset Mortgage Capital's stock split?

Western Asset Mortgage Capital shares reverse split 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 market closes 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 other companies that Western Asset Mortgage Capital investors own include Rithm Capital (RITM), New York Mortgage Trust (NYMT), CVR Refining (CVRR), CBL & Associates Properties (CBL), Two Harbors Investment (TWO), DHT (DHT) and (HCLP) (HCLP).

Company Calendar

• Last Earnings: 8/04/2022
• Today: 6/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: REIT - Mortgage
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:WMC
• CIK: 1465885
• Web: www.westernassetmcc.com
• Phone: (626) 844-9400
• Fax: N/A
• Employees: 1
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$89.08 million
• Net Margins: -7.10%
• Pretax Margin: -7.17%
• Return on Equity: 8.01%
• Return on Assets: 0.31%

Debt

• Debt-to-Equity Ratio: 27.43
• Current Ratio: 352.98
• Quick Ratio: 352.98

Sales & Book Value

• Annual Sales: $8.60 million
• Price / Sales: 6.46
• Cash Flow: $2.33 per share
• Price / Cash Flow: 3.94
• Book Value: $15.70 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 6,050,000
• Free Float: 5,953,000
• Market Cap: $55.54 million
• Optionable: Optionable
• Beta: 1.68