The Technical Analyst
Western Asset Mortgage [WMC]
Exchange: NYSE Sector: Real Estate Industry: REIT - Mortgage
Western Asset Mortgage Price, Forecast, Insider, Ratings, Fundamentals & Signals
4.44% $9.18
America/New_York / 5 des 2023 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 55.53 mill |
| EPS: | -1.940 |
| P/E: | -4.73 |
| Earnings Date: | Feb 29, 2024 |
| SharesOutstanding: | 6.05 mill |
| Avg Daily Volume: | 0.0212 mill |
| RATING 2023-12-05 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Sell | |
| Return On Asset: | Sell | |
| DE: | Strong Buy | |
| P/E: | Strong Sell | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/22 | 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -4.73 | sector: PE 30.55 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -3.56x |
| Company: PE -4.73 | industry: PE 1.329 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 8.86 - 9.50 ( +/- 3.47%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-12-06 | Quateman Lisa G | Sell | 10 521 | Common Stock, par value $0.01 per share |
| 2023-12-06 | Kripalani Ranjit M | Sell | 27 299 | Common Stock, par value $0.01 per share |
| 2023-12-06 | Wongtrakool Bonnie M. | Sell | 1 060 | Common Stock, par value $0.01 per share |
| 2023-12-06 | Neumayer Elliott | Sell | 3 918 | Common Stock, par value $0.01 per share |
| 2023-12-06 | Mitchell M Christian | Sell | 28 943 | Common Stock, par value $0.01 per share |
| INSIDER POWER |
|---|
| -94.54 |
| Last 95 transactions |
| Buy: 1 020 037 | Sell: 6 199 068 |
Forecast:
01:40 - $8.19
Live Trading Signals (every 1 min)
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 | $9.18 (4.44% ) |
| Volume | 0.0335 mill |
| Avg. Vol. | 0.0212 mill |
| % of Avg. Vol | 157.92 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For WMC
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 | % |
|---|
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 its stockholders. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Salt Lake City, Utah.
Latest Press Releases
2023-12-05 16:05:00 - Press Release
Western Asset Mortgage Capital Corporation Announces Stockholder Approval Of Merger With Ag Mortgage Investment Trust
Pasadena, calif.--(business wire)--western asset mortgage capital corporation (the “company,” “we,” or “wmc”) (nyse: wmc) announced today that its stockholders have voted to approve the proposed merger transaction with ag mortgage investment trust, inc. (“mitt”) (nyse: mitt) at a special meeting of stockholders of wmc held today. approximately 55% of the issued and outstanding shares of wmc common stock entitled to vote at the special meeting of stockholders of wmc voted in favor of the adoptio.
2023-11-20 16:15:00 - Press Release
Western Asset Mortgage Capital Corporation Announces Second Interim Fourth Quarter Common Dividend Of $0.10 Per Share
Pasadena, calif.--(business wire)--western asset mortgage capital corporation (nyse: wmc) (“wmc”) announced that its board of directors has declared a second interim fourth quarter dividend of $0.10 per common share in light of the adjournment of the special meeting of wmc stockholders until december 5, 2023. the dividend is payable on december 5, 2023 to stockholders of record as of november 30, 2023. the second interim fourth quarter dividend is being made in connection with the previously an.
2023-11-06 17:17:00 - Press Release
Western Asset Mortgage Capital Corporation Expects To Adjourn Special Meeting Of Stockholders Until December 5, 2023
Pasadena, calif.--(business wire)--western asset mortgage capital corporation (nyse: wmc) (“wmc”) announced that it expects to adjourn its special meeting of stockholders (the “special meeting”) relating to the proposed merger with ag mortgage investment trust, inc. (“mitt”) until december 5, 2023, at 9:00 a.m. pacific time, online in a virtual-only meeting format, due to a lack of quorum and to allow further solicitation of proxies from wmc common stockholders for the approval of the merger at.
2023-11-03 08:00:00 - Press Release
Leading Independent Proxy Advisory Firm Glass Lewis Joins Iss In Recommending Western Asset Mortgage Capital Corporation Stockholders Vote “for” The Proposed Merger With Ag Mortgage Investment Trust
Pasadena, calif.--(business wire)--western asset mortgage capital corporation (the “company,” “we,” or “wmc”) (nyse: wmc) announced today that glass lewis became the second leading independent proxy advisory firm, joining institutional shareholder services inc. (iss), to recommend that stockholders vote “for” the proposed merger with ag mortgage investment trust, inc. (“mitt”), in which each outstanding share of wmc common stock will be converted into the right to receive (i) 1.498 shares of mi.
2023-10-27 17:33:00 - Press Release
Leading Independent Proxy Advisory Firm Iss Recommends Western Asset Mortgage Capital Corporation Stockholders Vote “for” The Proposed Merger With Ag Mortgage Investment Trust
Pasadena, calif.--(business wire)--western asset mortgage capital corporation (the “company,” “we,” or “wmc”) (nyse: wmc) announced today that leading proxy advisory firm institutional shareholder services inc. (“iss”) recommends that stockholders vote “for” the proposed merger with ag mortgage investment trust, inc. (“mitt”), in which each outstanding share of wmc common stock will be converted into the right to receive (i) 1.498 shares of mitt common stock and (ii) the per share portion of a.
Latest News
2023-08-12 11:43:02 - Seeking Alpha
Western Asset Mortgage Capital Corporation (WMC) Q2 2023 Earnings Call Transcript
Western Asset Mortgage Capital Corporation (NYSE:WMC ) Q2 2023 Earnings Conference Call August 9, 2023 11:00 AM ET Company Participants Jeff Haas - Director, Financial Profiles, Inc. Bonnie Wongtrakool - Chief Executive Officer Sean Johnson - Deputy Chief Investment Officer Greg Handler - Chief Investment Officer Robert Lehman - Chief Financial Officer Operator Welcome to the Western Asset Mortgage Capital Corporation's Second Quarter 2023 Earnings Conference Call. Today's call is being recorded and will be available for replay beginning at 5:00 p.m.
2023-07-13 07:24:47 - Reuters
Angelo Gordon-backed REIT in $300 mln bid for Western Asset Mortgage
AG Mortgage Investment Trust Inc , a real estate investment trust (REIT) managed by Angelo Gordon & Co, made a stock-and-cash offer on Thursday for Western Asset Mortgage Capital Corp , a peer managed by Franklin Resources Inc , that values it at about $300 million, including debt.
2023-05-31 02:25:54 - Seeking Alpha
Western Asset Mortgage Capital: Little Chance Of Recovery In My Opinion
Western Asset Mortgage Capital Corporation struggles to recover from the pandemic shock and rising interest rates, with management considering a sale or merger. WMC's Q1 2023 results show improved earnings and asset prices, but book value remains significantly down from previous years. The mortgage market faces challenges in 2023, with higher interest rates discouraging refinancing and home sales, but overall performance remains robust due to low unemployment and strong household income.
2023-05-05 15:57:02 - Seeking Alpha
Western Asset Mortgage Capital Corporation (WMC) Q1 2023 Earnings Call Transcript
Western Asset Mortgage Capital Corporation (NYSE:WMC ) Q1 2023 Earnings Conference Call May 5, 2023 12:00 PM ET Company Participants Larry Clark - Investor Relations Bonnie Wongtrakool - Chief Executive Officer Sean Johnson - Deputy Chief Investment Officer Greg Handler - Chief Investment Officer Robert Lehman - Chief Financial Officer Conference Call Participants Matthew Erdner - JonesTrading Operator Welcome to the Western Asset Mortgage Capital Corporation First Quarter 2023 Earnings Conference Call. Today's call is being recorded and will be available for replay beginning at 5:00 PM Eastern Standard Time.
2023-03-03 13:43:15 - Seeking Alpha
Western Asset Mortgage Capital Corporation 2022 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Western Asset Mortgage Capital Corporation in conjunction with their 2022 Q4 earnings call.
2023-03-03 13:43:06 - Seeking Alpha
Western Asset Mortgage Capital Corporation (WMC) Q4 2022 Earnings Call Transcript
Western Asset Mortgage Capital Corporation (NYSE:WMC ) Q4 2022 Earnings Conference Call March 3, 2023 11:00 AM ET Company Participants Larry Clark - Investor Relations Bonnie Wongtrakool - Chief Executive Officer Robert Lehman - Chief Financial Officer Greg Handler - Chief Investment Officer Sean Johnson - Deputy Chief Investment Officer Conference Call Participants Jason Stewart - Jones Trading Operator Welcome to the Western Asset Mortgage Capital Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call. Today's call is being recorded and will be available for replay beginning at 5:00 p.m.
2023-02-17 17:17:09 - Forbes
Best REITS For Reliable Income For 2023
2023-02-10 08:30:00 - Business Wire
Western Asset Mortgage Capital Corporation to Report Fourth Quarter and Full Year 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 fourth quarter and year ended December 31, 2022 after the market closes on Thursday, March 2, 2023. The Company will host a corresponding conference call with a live webcast on Friday, March 3, 2023 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time, to discuss those results.
2022-11-04 13:21:04 - Seeking Alpha
Western Asset Mortgage Capital Corp (WMC) Q3 2022 Earnings Call Transcript
Western Asset Mortgage Capital Corp (NYSE:WMC ) Q3 2022 Earnings Conference Call November 4, 2022 12:00 PM ET Corporate Participants Larry Clark - Investor Relations Bonnie Wongtrakool - Chief Executive Officer Greg Handler - Chief Investment Officer Bob Lehman - Chief Financial Officer Sean Johnson - Deputy Chief Investment Officer Conference Call Participants Operator Good day and welcome to the Western Asset Mortgage Capital Corporation's Third Quarter 2022 Earnings Conference Call. Today's call is being recorded and will be available for replay beginning at 5:00 PM Eastern Standard Time.
2022-10-25 14:38:49 - Benzinga
Looking For Double-Digit Returns? 3 Mortgage REITs You Can Buy For Less Than They're Worth — By This Measure
When investing in mortgage real estate investment trust (REIT) it is important to know that these funds hold a five-year average dividend yield of 10.8%.