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WMWestern Asset Mortgage Capital Corporation logo

Western Asset Mortgage Capital Corporation (WMC)

New York Stock Exchange · Currency in USD
$9.18 ▲ +0.39 (+4.44%)
At close: Dec 5, 4:00 PM ET. Market closed.

Summary

Previous Close
$8.79
Open
$8.82
Day's Range
$8.66 – $9.20
52 Week Range
$7.82 – $11.64
Volume
33,475
Avg. Volume
20,528
Market Cap
$55.53M
Beta (5Y Monthly)
1.71
PE Ratio (TTM)
--
EPS (TTM)
-$14.16
Earnings Date
--
Forward Dividend & Yield
$1.20 (13.07%)
Ex-Dividend Date
Nov 29, 2023
1y Target Est
$20.00

Profile: Western Asset Mortgage Capital Corporation

Sector
Real Estate
Industry
REIT - Mortgage
Full-time employees
1
CEO
Bonnie Wongtrakool

Western Asset Mortgage Capital Corporation functions as a real estate investment trust (REIT), primarily engaged in the acquisition, management, and investment of a varied portfolio of assets tied to residential real estate. Its holdings notably include non-qualified mortgage loans, non-agency residential mortgage-backed securities (RMBS), and other similar investment vehicles. Recognized as a qualifying REIT for federal income tax purposes, the company typically circumvents federal corporate income taxes, provided it distributes a minimum of 90% of its taxable earnings to shareholders.

Earnings

DateEst.Actual
Nov 8, 2023–$0.27
Aug 8, 2023–$0.22
May 4, 2023$0.30$0.36Beat
Mar 2, 2023$0.31$0.33Beat
Nov 3, 2022$0.65$0.37Miss
Aug 4, 2022$0.40$0.44Beat

Analyst view

Consensus price target
$20.00 ▲ +117.9%
Range $20.00 – $20.00
Rating: Hold
Buy 7% · Hold 79% · Sell 14%

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Data: Financial Modeling Prep. For information only, not investment advice.