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WMC

NYSE

Western Asset Mortgage Capital Corporation

SectorReal EstateIndustryReal Estate Investment Trusts
$9.10+0.30 (+3.41%)
News25/Ratings1

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.

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WMC FAQ

6 questions
  • What does Western Asset Mortgage Capital Corporation do?
    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...
  • Where does WMC stock trade?
    Western Asset Mortgage Capital Corporation (WMC) is listed on NYSE.
  • What sector and industry is WMC in?
    Western Asset Mortgage Capital Corporation operates in the Real Estate sector, Real Estate Investment Trusts industry.
  • What are analysts saying about WMC?
    Western Asset Mortgage Capital Corporation has had 1 recent analyst action on file. The most recent action was from B of A Securities: Underperform with a $200.00 price target on 2022-03-09. Recent price targets cluster around $200.00.
  • What companies are similar to WMC?
    Notable peers in the same industry include WELL (Welltower Inc.), PLD (Prologis Inc.), EQIX (Equinix Inc.), AMT (American Tower Corporation (REIT)), SPG (Simon Property Group Inc.). Compare WMC side-by-side with any of them on Quantisnow.
  • How can I track WMC on Quantisnow?
    Quantisnow aggregates Western Asset Mortgage Capital Corporation's SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow WMC to receive live email and push alerts on every new disclosure.