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Western Asset Mortgage Capital NYSE:WMC Stock Report

Last Price

US$9.18

Market Cap

US$55.5m

7D

9.0%

1Y

1.5%

Updated

07 Dec, 2023

Data

Company Financials

Western Asset Mortgage Capital Corporation

NYSE:WMC Stock Report

Market Cap: US$55.5m

WMC Stock Overview

Western Asset Mortgage Capital Corporation operates as a real estate investment trust.

WMC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends2/6

Western Asset Mortgage Capital Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Asset Mortgage Capital
Historical stock prices
Current Share PriceUS$9.18
52 Week HighUS$11.64
52 Week LowUS$7.82
Beta1.71
1 Month Change9.03%
3 Month Change-12.99%
1 Year Change1.55%
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 31

Western Asset Mortgage Capital declares $0.40 dividend

Dec 21

Western Asset Mortgage Capital Non-GAAP EPS of $0.37, net interest income of $5.7M

Nov 04

Western Asset Mortgage Capital declares $0.40 dividend

Sep 22

Western Asset Mortgage Capital Non-GAAP EPS of $0.44

Aug 04

Western Asset Mortgage Capital prices $351.9M mortgage-backed notes

Jul 08

Western Asset Mortgage Capital announced 1-for-10 reverse stock split

Jun 30

Western Asset Mortgage Capital: Recent Dividend Cut And Declining Book Value

May 02

Western Asset Mortgage Capital misses on revenue

May 05

Western Asset Mortgage Capital: Risks From Commercial Portfolio In The Limelight

Jan 07

Western Asset Mortgage investment chief exits; WMC buys $10M of its notes

Dec 31

Western Asset Mortgage Capital raises dividend to $0.06

Dec 17

Western Asset Mortgage Capital Corporation 2020 Q3 - Results - Earnings Call Presentation

Nov 09

Western Asset Mortgage Capital misses on revenue

Nov 05

Shareholder Returns

WMCUS Mortgage REITsUS Market
7D9.0%-0.2%0.4%
1Y1.5%4.7%28.8%

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

Is WMC's price volatile compared to industry and market?
WMC volatility
WMC Average Weekly Movement4.8%
Mortgage REITs Industry Average Movement4.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
20091Bonnie Wongtrakoolhttps://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

How do Western Asset Mortgage Capital's earnings and revenue compare to its market cap?
WMC fundamental statistics
Market capUS$55.53m
Earnings (TTM)-US$11.73m
Revenue (TTM)US$9.13m

6.1x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WMC income statement (TTM)
RevenueUS$9.13m
Cost of RevenueUS$0
Gross ProfitUS$9.13m
Other ExpensesUS$20.86m
Earnings-US$11.73m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.94
Gross Margin100.00%
Net Profit Margin-128.55%
Debt/Equity Ratio2,743.9%

How did WMC perform over the long term?

See historical performance and comparison

Dividends

10.5%

Current Dividend Yield

-75%

Payout Ratio
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