WMC Stock Overview
Western Asset Mortgage Capital Corporation operates as a real estate investment trust. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Western Asset Mortgage Capital Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.18 |
| 52 Week High | US$11.64 |
| 52 Week Low | US$7.82 |
| Beta | 1.71 |
| 1 Month Change | 9.03% |
| 3 Month Change | -12.99% |
| 1 Year Change | 1.55% |
| 3 Year Change | -73.16% |
| 5 Year Change | -90.57% |
| Change since IPO | -95.11% |
Recent News & Updates
Recent updates
Western Asset Mortgage Capital: Little Chance Of Recovery In My Opinion
May 31Western Asset Mortgage Capital declares $0.40 dividend
Dec 21Western Asset Mortgage Capital Non-GAAP EPS of $0.37, net interest income of $5.7M
Nov 04Western Asset Mortgage Capital declares $0.40 dividend
Sep 22Western Asset Mortgage Capital Non-GAAP EPS of $0.44
Aug 04Western Asset Mortgage Capital prices $351.9M mortgage-backed notes
Jul 08Western Asset Mortgage Capital announced 1-for-10 reverse stock split
Jun 30Western Asset Mortgage Capital: Recent Dividend Cut And Declining Book Value
May 02Western Asset Mortgage Capital misses on revenue
May 05Western Asset Mortgage Capital: Risks From Commercial Portfolio In The Limelight
Jan 07Western Asset Mortgage investment chief exits; WMC buys $10M of its notes
Dec 31Western Asset Mortgage Capital raises dividend to $0.06
Dec 17Western Asset Mortgage Capital Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 09Western Asset Mortgage Capital misses on revenue
Nov 05Shareholder Returns
| WMC | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | 9.0% | -0.9% | 0.6% |
| 1Y | 1.5% | -10.0% | 23.7% |
Return vs Industry: WMC exceeded the US Mortgage REITs industry which returned -10.9% over the past year.
Return vs Market: WMC underperformed the US Market which returned 14.1% over the past year.
Price Volatility
| WMC volatility | |
|---|---|
| WMC Average Weekly Movement | 4.8% |
| Mortgage REITs Industry Average Movement | 3.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: WMC has not had significant price volatility in the past 3 months.
Volatility Over Time: WMC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 1 | Bonnie Wongtrakool | www.westernassetmcc.com |
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 Fundamentals Summary
| WMC fundamental statistics | |
|---|---|
| Market cap | US$55.53m |
| Earnings (TTM) | -US$11.73m |
| Revenue (TTM) | US$9.13m |
6.1x
P/S Ratio-4.7x
P/E RatioIs WMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WMC income statement (TTM) | |
|---|---|
| Revenue | US$9.13m |
| Cost of Revenue | US$0 |
| Gross Profit | US$9.13m |
| Other Expenses | US$20.86m |
| Earnings | -US$11.73m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.94 |
| Gross Margin | 100.00% |
| Net Profit Margin | -128.55% |
| Debt/Equity Ratio | 2,743.9% |
How did WMC perform over the long term?
See historical performance and comparisonDividends
10.5%
Current Dividend Yield-75%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/07 01:05 |
| End of Day Share Price | 2023/12/05 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Western Asset Mortgage Capital Corporation is covered by 10 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Hewett | BofA Global Research |
| Jason Stewart | Compass Point Research & Trading, LLC |
| Stephen Laws | Deutsche Bank |