The Technical Analyst
Western Asset Mortgage [DMO]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Western Asset Mortgage Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.17% $11.71
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 132.62 mill |
| EPS: | 1.210 |
| P/E: | 9.68 |
| Earnings Date: | Oct 18, 2024 |
| SharesOutstanding: | 11.33 mill |
| Avg Daily Volume: | 0.0537 mill |
| RATING 2024-05-08 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Buy | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.98x |
| Company: PE 9.68 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.48x |
| Company: PE 9.68 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-8.68 (-174.12%) $-20.39 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 11.57 - 11.85 ( +/- 1.18%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-09-01 | Buchanan Michael Carlton | Sell | 0 | Common Stock |
| 2023-12-31 | Hinkle Matthew T. | Sell | 0 | Common Stock |
| 2023-09-07 | De Oliveira Marc | Buy | 0 | |
| 2022-07-15 | Hoffmann Courtney A. | Buy | 0 | |
| 2021-08-02 | Bowden Andrew J. | Buy | 0 |
| INSIDER POWER |
|---|
| 0.00 |
| Last 87 transactions |
| Buy: 58 532 | Sell: 9 500 |
Forecast:
16:00 - $11.74
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $11.74
Forecast 2: 16:00 - $11.74
Forecast 3: 16:00 - $11.74
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $11.71 (1.17% ) |
| Volume | 0.0519 mill |
| Avg. Vol. | 0.0537 mill |
| % of Avg. Vol | 96.63 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For DMO
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
DMO
Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.
Latest Press Releases
2024-03-04 08:00:00 - Press Release
Western Asset Mortgage Opportunity Fund Inc. (nyse: Dmo) Announces Portfolio Management Team Update
New york--(business wire)--effective march 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the fund is as follows:
2023-07-13 08:00:00 - Press Release
Franklin Templeton Closed-end Funds Announce Share Repurchases For The Second Quarter Of 2023
New york--(business wire)--the following funds announced today their share repurchase activity during the second quarter of 2023.
2022-11-10 08:00:00 - Press Release
Certain Closed End Funds Advised By Legg Mason Partners Fund Advisor, Llc Announce Appointment Of New Lead Independent Director
The board of each fund announced today the appointment of eileen kamerick as lead independent director, effective november 8, 2022. ms. kamerick replaces william hutchinson, the former lead independent director of the funds, who recently passed away. the boards also announced that nisha kumar will succeed ms. kamerick as chair of each fund's audit committee.
2022-08-02 08:00:00 - Press Release
Legg Mason Partners Fund Advisor, Llc Announces Distributions For The Months Of September, October, And November 2022
New york--(business wire)--category: distribution related
2022-02-16 08:00:00 - Press Release
Legg Mason Partners Fund Advisor, Llc Announces Distributions For The Months Of March, April And May 2022
New york--(business wire)--category: distribution related
Latest News
2024-05-04 09:00:00 - Seeking Alpha
CEF Weekly Review: Price Chart Is Not A Good Guide To CEF Allocation
We review CEF market valuation and performance through the fourth week of April and highlight recent market action. CEFs were mostly up on the week, however remain in the red through the month. Investors should evaluate funds based on historic total NAV return and individual features, rather than price behavior.
2024-02-20 21:11:36 - Seeking Alpha
DMO: 12% Yielding GSE Risk Transfer Mortgage Fund (Rating Upgrade)
Western Asset Mortgage Opportunity Fund Inc. is a fixed income CEF focused on mortgage bonds that offers a supported 12% yield. DMO pursues a different strategy than most mortgage funds by purchasing junior and subordinated tranches of MBS bonds, taking true credit risk. The housing market is currently 'stuck' rather than experiencing a collapse, which is favorable for DMO's collateral.
2024-02-08 23:02:28 - Seeking Alpha
The Month In Closed-End Funds: January 2024
For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs traded at a premium to their NAV, with 12% of equity CEFs and 10% of fixed-income CEFs trading in premium territory. Income & Preferred Stock CEFs (+1.44%), for the first month in four, outpaced the other classifications in the equity CEF universe for January.
2024-02-08 02:29:37 - Seeking Alpha
Key Decision Factors For CEF Allocation In Today's Market
2023-12-05 06:38:15 - Seeking Alpha
DMO: Another Distribution Hike For This 13.4% Yielding CEF, Though Likely Its Last
DMO allocates primarily to residential mortgage assets. It has delivered a third distribution hike in a row, equating to a 13.4% yield on price. The fund's primarily residential mortgage allocation provides an attractive diversifier in income portfolios and is anchored off strong household credit metrics. We continue to hold the fund in our High Income Portfolio.
2023-09-01 04:32:44 - Seeking Alpha
PIMCO CEF Update: ARPS Go On The Chopping Block
We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very expensive auction-rate preferreds.
2023-08-12 10:10:27 - Seeking Alpha
CEF Weekly Review: The Real Risk For Term CEFs
We review CEF market valuation and performance through the first week of August and highlight recent market action. The CEF rally paused this week due to the Fitch downgrade and lower than expected jobs numbers. Investors and commentators often focus on the wrong risks of term CEFs.
2023-08-06 05:01:29 - Seeking Alpha
CEF Weekly Review: Don't Handicap CEF Returns
We review CEF market valuation and performance through the last week of July and highlight recent market action. CEFs continued to march higher this week, closing out July in good form. CEF returns should be gauged in the context of the broader asset class rather than just within the narrow sector.
2023-08-03 04:08:48 - Seeking Alpha
DMO: Recent Hike Pushes The Yield On This Mortgage CEF Above 11.5%
We last discussed DMO about a year ago, highlighting the strong potential for a dividend hike due to a rising net income trajectory. As expected, the fund has indeed hiked the distribution which, along with its wide discount, translates to a 11.55% current yield as of this writing. The fund's primarily residential mortgage allocation provides an attractive diversifier in income portfolios and is anchored off strong household credit metrics.
2023-07-20 15:17:21 - Seeking Alpha
DMO: Discount Narrowing Drives Results
The Western Asset Mortgage Opportunity Fund has seen its discount narrow from the deepest levels it was at previously. The fund increased its distribution despite coverage still coming in light, though the good news is seeing NII increase due to floating rate exposure. DMO's portfolio is made up of both residential and commercial MBS exposure, as well as some smaller allocations to other asset-backed securities.