How to buy Western Asset Mortgage Capital Corporation stock | $3.31

Western Asset Mortgage Capital Corporation is a reit-mortgage business based in the US. Western Asset Mortgage Capital Corporation shares (WMC) are listed on the NYSE and all prices are listed in US Dollars.

Western Asset Mortgage Capital Corporation stock price (NYSE: WMC)

Use our graph to track the performance of WMC stocks over time.

Western Asset Mortgage Capital Corporation shares at a glance

• Key figures

Information last updated 2021-07-30.

Latest market close	$3.31
52-week range	$1.76 - $4.11
50-day moving average	$3.33
200-day moving average	$3.23
Wall St. target price	$3.25
PE ratio	3.0628
Dividend yield	$0.17 (5.4%)
Earnings per share (TTM)	$1.04

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Is it a good time to buy Western Asset Mortgage Capital Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Western Asset Mortgage Capital Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Western Asset Mortgage Capital Corporation price performance over time

Historical closes compared with the close of $3.31 from 2021-05-26

1 week (2021-07-21)	N/A
1 month (2021-07-01)	2.16%
3 months (2021-04-30)	4.75%
6 months (2021-01-28)	N/A

1 year (2020-07-28)	N/A
2 years (2019-07-28)	N/A
3 years (2018-07-28)	N/A
5 years (2016-07-28)	N/A

Is Western Asset Mortgage Capital Corporation under- or over-valued?

Valuing Western Asset Mortgage Capital Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Western Asset Mortgage Capital Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Western Asset Mortgage Capital Corporation's P/E ratio

Western Asset Mortgage Capital Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Western Asset Mortgage Capital Corporation shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Western Asset Mortgage Capital Corporation's PEG ratio

Western Asset Mortgage Capital Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.73. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Western Asset Mortgage Capital Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Western Asset Mortgage Capital Corporation financials

Revenue TTM	$100.9 million
Operating margin TTM	73.36%
Gross profit TTM	$-289,043,000
Return on assets TTM	1.92%
Return on equity TTM	27.82%
Profit margin	60.88%
Book value	$4.27
Market capitalisation	$192.8 million

TTM: trailing 12 months

Shorting Western Asset Mortgage Capital Corporation shares

There are currently 1.3 million Western Asset Mortgage Capital Corporation shares held short by investors – that's known as Western Asset Mortgage Capital Corporation's "short interest". This figure is 53.7% down from 2.8 million last month.

There are a few different ways that this level of interest in shorting Western Asset Mortgage Capital Corporation shares can be evaluated.

Western Asset Mortgage Capital Corporation's "short interest ratio" (SIR)

Western Asset Mortgage Capital Corporation's "short interest ratio" (SIR) is the quantity of Western Asset Mortgage Capital Corporation shares currently shorted divided by the average quantity of Western Asset Mortgage Capital Corporation shares traded daily (recently around 1.1 million). Western Asset Mortgage Capital Corporation's SIR currently stands at 1.18. In other words for every 100,000 Western Asset Mortgage Capital Corporation shares traded daily on the market, roughly 1180 shares are currently held short.

However Western Asset Mortgage Capital Corporation's short interest can also be evaluated against the total number of Western Asset Mortgage Capital Corporation shares, or, against the total number of tradable Western Asset Mortgage Capital Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Western Asset Mortgage Capital Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Western Asset Mortgage Capital Corporation shares in existence, roughly 20 shares are currently held short) or 0.0219% of the tradable shares (for every 100,000 tradable Western Asset Mortgage Capital Corporation shares, roughly 22 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Western Asset Mortgage Capital Corporation.

Find out more about how you can short Western Asset Mortgage Capital Corporation stock.

Western Asset Mortgage Capital Corporation share dividends

Dividend payout ratio: 71.88% of net profits

Recently Western Asset Mortgage Capital Corporation has paid out, on average, around 71.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.57% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Western Asset Mortgage Capital Corporation shareholders could enjoy a 7.57% return on their shares, in the form of dividend payments. In Western Asset Mortgage Capital Corporation's case, that would currently equate to about $0.17 per share.

Western Asset Mortgage Capital Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Western Asset Mortgage Capital Corporation's most recent dividend payout was on 25 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 June 2021 (the "ex-dividend date").

Western Asset Mortgage Capital Corporation share price volatility

Over the last 12 months, Western Asset Mortgage Capital Corporation's shares have ranged in value from as little as $1.7645 up to $4.1129. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Western Asset Mortgage Capital Corporation's is 2.2084. This would suggest that Western Asset Mortgage Capital Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Western Asset Mortgage Capital Corporation overview

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on acquiring, investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, asset-backed securities investments, residential whole-loans, residential bridge loans, securitized commercial loans, and other financial assets. 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 founded in 2009 and is based in Pasadena, California. .

Frequently asked questions

What percentage of Western Asset Mortgage Capital Corporation is owned by insiders or institutions?
Currently 0.926% of Western Asset Mortgage Capital Corporation shares are held by insiders and 37.7% by institutions. When does the fiscal year end for Western Asset Mortgage Capital Corporation?
Western Asset Mortgage Capital Corporation's fiscal year ends in December. Where is Western Asset Mortgage Capital Corporation based?
Western Asset Mortgage Capital Corporation's address is: 385 East Colorado Boulevard, Pasadena, CA, United States, 91101 What is Western Asset Mortgage Capital Corporation's ISIN number?
Western Asset Mortgage Capital Corporation's international securities identification number is: US95790D1054 What is Western Asset Mortgage Capital Corporation's CUSIP number?
Western Asset Mortgage Capital Corporation's Committee on Uniform Securities Identification Procedures number is: 95790D105