WMC stock: buy or sell?

WMC stock price: $10.95 0.64% At close on February 18th, 2020

Updated on:
February 18th, 2020

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Western Asset Mortgage Capital shares reached new all time highs again today, setting highs to $11.07. Shares ended at $10.95 and grew 0.64%. Counting Tuesday, it's been 5 climbing days in a row, adding $0.26 or 2.43%.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It primarily focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, and other financial assets.

Should I buy WMC stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups match with Western Asset Mortgage Capital stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Western Asset Mortgage Capital stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for WMC stock for the last 30 days.

WMC stock analysis

Daily outlook

After several days of continuous hikes in past weeks, Western Asset Mortgage Capital grew 0.64% to $10.95.

After several days of continuous rises in past weeks, Western Asset Mortgage Capital grew 0.64% to $10.95.

WMC stock chart (daily)

Weekly outlook

Western Asset Mortgage Capital shares reached new all time highs back again this week, marking to $11.07. Shares ended at $10.95 and appreciated 0.64% during the week. With this, it's been 3 climbing weeks in a row, soaring a 3.19%.

Price finally broke over the resistance at $9.59 and continued climbing. Early September WMC price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA20d and SMA40w crossed up late April 2019, WMC price climbed $1.35 per share (14.06%).

WMC stock chart (weekly)

WMC stock price history

WMC stock went public on May 11th, 2012 with a price of $5.841. Since then, WMC stock surged a 87.50%, with an average of 12.50% per year. If you had invested $1,000 in WMC stock in 2012, it would worth $875.00 today.

1: Adjusted price after possible price splits or reverse-splits.

WMC stock historical price chart

WMC stock reached all-time highs today with a price of $11.07.

WMC stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Western Asset Mortgage Capital stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, Western Asset Mortgage Capital reported its latest financial data, posting a beatiful growth for the Earnings per Share (EPS) ratio. Experts expected $0.32 per share, but Western Asset Mortgage Capital posted $0.34.
WMC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.63n/a
2017-Q2-n/a0.64n/a
2017-Q32017-11-070.330.32-3.0%
2017-Q42018-03-050.30.313.3%
2018-Q12018-05-07n/a0.34n/a
2018-Q22018-08-06n/a0.36n/a
2018-Q32018-11-07n/a0.33n/a
2018-Q42019-03-050.320.346.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2014, Western Asset Mortgage Capital annual sales boosted a dazzling 38.52% to $126.85 M USD from $91.57 marked in 2013. When comparing 2014 vs 2013, likewise, profit margin (that is, the net income divided by revenues) rocketed a 110.87% to 79.40%.

WMC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$92 M-$-28.82 M-31.5%-
2014$127 M38.52%$101 M79.4%-449.46%

Quarterly financial results

Reported quarter earnings marked $-17.66 million with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was inf%. When comparing sales to same quarter last year, Western Asset Mortgage Capital sales marked a scary correction and plunged a -100.00%. Looking back to recent quarterly results, Western Asset Mortgage Capital posted 5 negative quarters in a row.
WMC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$44.54 M-$20 M45.2%-
2017-Q2$-150.77 M-438.50%$21 M-13.7%2.38%
2017-Q3$18.57 M-112.31%$23 M122.6%10.41%
2017-Q4$18.01 M-2.98%$21 M118.8%-5.99%

Western Asset Mortgage Capital ownership

When you are planning to invest in shares of a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Western Asset Mortgage Capital, 0.69% of all outstanding shares are owned by its staff.

In case of Western Asset Mortgage Capital stock, 51.05% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WMC stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

WMC
Market cap$582.8 M
Total shares53.2 M
Float shares49.8 M
  - Institutional holdings (%)51.0%
  - Insider holdings (%)0.7%
Shares in short selling0.0%

WMC summary

Tuesday, February 18th, 2020
Open$10.91
Close$10.95
Day range$10.89 - $11.07
Previous close$10.88
Session gain0.64%
Average true range$0.12
50d mov avg$10.46
100d mov avg$10.07
200d mov avg$9.65
Daily pattern
Weekly pattern lb01c

Western Asset Mortgage Capital performance

To measure stock performance is always good to compare with competitors or related stocks. For Western Asset Mortgage Capital, the benchmark is made against .
Stock3m6m12m
WMCWestern Asset Mor...11.28%22.35%23.73%

Western Asset Mortgage Capital competitors

Unfortunately, we could not find any public company that could be defined as Western Asset Mortgage Capital competitor. This doesn't mean Western Asset Mortgage Capital does not have any competitor in the market, it's just we could not detected it.