Western Asset Mortgage Capital Corporation (WMC)

NYSE: WMC · IEX Real-Time Price · USD
11.19
-0.85 (-7.06%)
Sep 30, 2022 4:00 PM EDT - Market closed
-7.06%
Market Cap 67.57M
Revenue (ttm) -40.41M
Net Income (ttm) -64.98M
Shares Out 6.04M
EPS (ttm) -1.37
PE Ratio n/a
Forward PE n/a
Dividend $0.90 (8.04%)
Ex-Dividend Date Sep 30, 2022
Volume 25,114
Open 11.49
Previous Close 12.04
Day's Range 11.10 - 11.86
52-Week Range 11.00 - 26.50
Beta 1.75
Analysts Sell
Price Target 20.40 (+82.3%)
Earnings Date Nov 2, 2022

About WMC

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. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to i... [Read more...]

Industry Mortgage Real Estate Investment Trusts (REITs)
IPO Date May 10, 2012
CEO Jennifer Murphy
Country United States
Stock Exchange NYSE
Ticker Symbol WMC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WMC stock is "Sell." The 12-month stock price forecast is 20.4, which is an increase of 82.31% from the latest price.

Price Target
$20.4
(82.31% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.40 Per Share

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.40 per share for ...

1 week ago - Business Wire

Western Asset Mortgage (WMC) Is Attractively Priced Despite Fast-paced Momentum

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Western Asset Mortgage (WMC) could be a great choice. It is one of the several stocks ...

1 month ago - Zacks Investment Research

Western Asset Mortgage Capital Corporation Announces Second Quarter 2022 Results and Commences Strategic Alternatives...

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the second quarter ended June 30, 2022. BUSINESS UPDATE ...

1 month ago - Business Wire

Western Asset Mortgage Capital Corporation to Report Second Quarter 2022 Financial Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) today announced that it will release financial results for the second quarter ended June 30, 202...

2 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Pricing of $351.9 Million Residential Whole Loan Securitization

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (the “Company”) today announced that it has priced an aggregate $351.9 million of Mortgage-Backed Notes, Series ...

2 months ago - Business Wire

Western Asset Mortgage Capital Corporation Board Approves 1-for-10 Reverse Stock Split Ratio

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC” or the “Company”) today announced that its Board of Directors has approved a reverse stock split of the C...

3 months ago - Business Wire

Western Asset Mortgage Capital Corporation Declares Second Quarter Dividend of $0.04 Per Share

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.04 per share for ...

3 months ago - Business Wire

Western Asset Mortgage Capital Corporation Appoints Robert W. Lehman as Chief Financial Officer

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today the appointment of Robert W. Lehman as Chief Financial Officer, effective tomorr...

3 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Departure of CFO and Search for Successor

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that Lisa Meyer, President, Chief Financial Officer and Treasurer of the Company...

4 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces First Quarter 2022 Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the first quarter ended March 31, 2022. BUSINESS UPDATE ...

4 months ago - Business Wire

Western Asset Mortgage Capital Corporation to Report First Quarter 2022 Financial Results and Announces 2022 Annual M...

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) today announced that it will release financial results for the first quarter ended March 31, 202...

5 months ago - Business Wire

Western Asset Mortgage Capital Corporation Declares First Quarter Dividend of $0.04 Per Share

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.04 per share for ...

6 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2021 Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the fourth quarter and the year ended December 31, 2021....

7 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Pricing of $398.9 Million Residential Whole Loan Securitization

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (the “Company”) today announced that it has priced an aggregate $398.9 million of Mortgage-Backed Notes, Series ...

7 months ago - Business Wire

Western Asset Mortgage Capital Corporation to Report Fourth Quarter and Full Year 2021 Financial Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) today announced that it will release financial results for the fourth quarter and year ended Dec...

7 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Tax Characteristics of 2021 Dividends

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today the tax treatment of its common stock dividends declared in 2021. The below info...

8 months ago - Business Wire

Western Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.06 Per Share; Announces Focus on Re...

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.06 per share for ...

9 months ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Third Quarter 2021 Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the third quarter ended September 30, 2021. THIRD QUARTE...

10 months ago - Business Wire

Western Asset Mortgage Capital Corporation to Report Third Quarter 2021 Financial Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) today announced that it will release financial results for the third quarter ended September 30,...

11 months ago - Business Wire

Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.06 Per Share

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.06 per share for ...

1 year ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Pricing of $75 Million 6.75% Convertible Senior Notes Due 2024

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (the “Company”) today announced the pricing of its previously announced public offering of $75 million aggregate...

1 year ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Proposed Public Offering of Convertible Senior Notes Due 2024

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (the “Company”) today announced that it intends to offer, subject to market and other conditions, Convertible Se...

1 year ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Chief Executive Officer and President Appointments

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (the “Company”) announced today that Jennifer Murphy will resign from her positions as President, Chief Executiv...

1 year ago - Business Wire

Western Asset Mortgage Capital Corporation Announces Second Quarter 2021 Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the second quarter ended June 30, 2021. SECOND QUARTER 2...

1 year ago - Business Wire

Western Asset Mortgage Capital Corporation to Report Second Quarter 2021 Financial Results

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) today announced that it will release financial results for the second quarter ended June 30, 202...

1 year ago - Business Wire