Western Asset Mortgage Capital

Western Asset Mortgage Capital Corp. operates as a real estate investment trust. The firm engages in managing a diversified portfolio of assets. It focuses on investing in, financing and managing real estate related securities, whole loans and other financial assets. The company was founded on June 3, 2009 and is headquartered in Salt Lake City, UT.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q2 2024

Western Asset Mortgage Capital reports Q4 declines, eyes strategic reshaping

Western Asset Mortgage Capital (WMC) faced declines in book value per share and distributable earnings in Q4 2022. Despite challenges in stabilizing earnings, the company showcased strengths in its non-QM portfolio performance and stable commercial holdings. Opportunities lie in the ongoing strategic review process and potential for reshaping the company's future through enhanced shareholder value.

Western Asset Mortgage Capital (WMC) reports growth and explores strategic options

Western Asset Mortgage Capital (WMC) delivered a solid performance in Q1 2023, marked by increased book values and distributable earnings.
The company's strategic review for a potential sale or merger aims to enhance shareholder value and drive future growth.
Despite challenges such as debt reduction and economic uncertainties, WMC remains focused on financial stability and portfolio performance.

Western Asset Mortgage Capital announces merger with MITT, strategic outlook

WMC's Q2 2023 earnings call highlighted the merger with MITT, offering shareholders a premium and strategic benefits. While facing challenges in earnings and book value, the company aims to capitalize on opportunities for cost savings and growth. Maintaining the dividend reflects stability amidst changes in the residential mortgage credit market.

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Western Asset Mortgage Capital is a  financial REIT company. They offer  aims to provide attractive risk-adjusted returns to its investors over the long-term across market conditions and economic cycles.

Discounts to book value are the start of your analysis, but not the end.

Upgrading One Of Our Least Favorite Mortgage REITs

Western Asset Mortgage Capital Corporation (WMC) CEO Jennifer Murphy on Q2 2020 Results - Earnings Call Transcript

PASADENA, Calif., Aug. 5, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE: WMC) today reported its results for the second quarter ended June 30, 2020.

Western Asset Mortgage Capital Corporation Announces Second Quarter 2020 Results

PASADENA, Calif., July 17, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) today announced that it will release financial results for the second quarter ended June 30, 2020 after the market closes on Wednesday, August 5, 2020.

Western Asset Mortgage Capital Corporation To Report Second Quarter 2020 Financial Results

The real estate market has come under some pressure, but the vertical drop in WMC stock is a gross mispricing that can be capitalized on.
The post The Sell-Off in Western Asset Mortgage Capital Is Way Overdone appeared first on InvestorPlace.

The Sell-Off in Western Asset Mortgage Capital Is Way Overdone

PASADENA, Calif., June 25, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (NYSE: WMC) (the "Company") today announced that it has priced an aggregate $341.7 million of Mortgage-Backed Notes, Series 2020-1 (the "Notes") in a residential mortgage-backed securitization...

Western Asset Mortgage Capital Corporation Announces Pricing Of $341.7 Million Residential Whole Loan Securitization

PASADENA, Calif., June 23, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) today announced that Lisa Quateman had been elected as an independent member of its Board of Directors on June 19, 2020, increasing the total number of independent...

Western Asset Mortgage Capital Corporation Welcomes Lisa Quateman To Board Of Directors

PASADENA, Calif., June 23, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) announced today that the Company will not pay a common stock dividend in the second quarter. As the Company continues to manage the impact of the COVID-19 pandemic on its...

Western Asset Mortgage Capital Corporation Provides A Second Quarter Dividend And Book Value Update

As of late, it has definitely been a great time to be an investor of Western Asset Mortgage Capital

Will Western Asset Mortgage Capital Continue to Surge Higher?

Western Asset Mortgage Capital Corporation (WMC) CEO Jennifer Murphy on Q1 2020 Results - Earnings Call Transcript

Western Asset Mortgage (WMC) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Western Asset Mortgage (WMC) in Focus: Stock Moves 6.6% Higher

Western Asset Mortgage Capital's (WMC) CEO Jennifer Murphy on Q4 2019 Results - Earnings Call Transcript

Western Asset Mortgage: Still Winning

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In an unpredictable market, dividend and distribution payments are one of the few things investors can reliably count on.

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Western Asset Mortgage Capital Corp (WMC) CEO Jennifer Murphy on Q3 2019 Results - Earnings Call Transcript

Western Asset Mortgage Capital Corp (WMC) CEO Jennifer Murphy on Q2 2019 Results - Earnings Call Transcript

Western Asset Mortgage Capital Corp (WMC) CEO Jennifer Murphy on Q1 2019 Results - Earnings Call Transcript

News for Western Asset Mortgage Capital Stock (WMC)