Western Asset Mortgage Capital Corporation

Western Asset Mortgage Capital Corporation

WMC
Western Asset Mortgage Capital CorporationUS flagNew York Stock Exchange
9.18
USD
+0.39
- -
55.53MMarket Cap
Western Asset Mortgage Capital Corporation
WMC
(New York Stock Exchange)

Recent

price

9.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Business
Western Asset Mortgage Capital Corporation (NYSE: WMC), a Delaware corporation founded in 2009 and headquartered at 385 East Colorado Boulevard in Pasadena, California, operates as a diversified mortgage finance real estate investment trust externally managed by Western Asset Management Company, LLC. The company primarily invests in, finances, and manages a portfolio comprising agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, commercial mortgage-backed securities, residential whole loans, residential bridge loans, non-qualified mortgage loans, and other financial assets; it targets attractive risk-adjusted returns through active management focused on undervalued distressed assets across various market cycles. In December 2023, Western Asset Mortgage Capital Corporation completed its acquisition by AG Mortgage Investment Trust, Inc. (NYSE: MITT) through a merger with a wholly owned subsidiary of MITT, suspending WMC common stock trading on the NYSE effective December 6, 2023, and integrating its complementary portfolio to enhance scale, operational efficiencies, cost synergies, and earnings growth for the combined entity.

Company News

APIChatGPT
  • Westmount Announces Results of AGM, Proposed Consolidation with Name Change, and Non-Brokered Private Placement

  • Liquidation of Virtus WMC International Dividend ETF

  • GlobalTech Enters Into Agreement with World Mobile Chain With Plans to Accelerate Blockchain Infrastructure Strategy and Launch WMTx Digital Asset Treasury

  • Western Asset Mortgage Capital Corporation Announces Stockholder Approval of Merger With AG Mortgage Investment Trust

  • Western Asset Mortgage Capital Corporation Announces Second Interim Fourth Quarter Common Dividend of $0.10 Per Share

  • Western Asset Mortgage Capital Corporation Expects to Adjourn Special Meeting of Stockholders Until December 5, 2023

  • 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

  • Leading Independent Proxy Advisory Firm ISS Recommends Western Asset Mortgage Capital Corporation Stockholders Vote “For” the Proposed Merger With AG Mortgage Investment Trust

  • AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio for Proposed Merger

  • AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio for Proposed Merger

  • Top 4 Financial Stocks You'll Regret Missing This Month - Hannon Armstrong (NYSE:HASI), AssetMark Financial Hldgs (NYSE:AMK)

  • WESTERN ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Asset Mortgage Capital Corporation - WMC

  • Western Asset Mortgage Capital Corporation Declares Third Quarter Dividend of $0.35 Per Share

  • WESTERN ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Asset Mortgage Capital Corporation - WMC

  • Western Asset Mortgage Capital Corporation (WMC) Q2 2023 Earnings Call Transcript

  • Terra Property Trust Issues Statement Regarding Terminated Transaction with Western Asset Mortgage Capital Corporation

  • WMC Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Western Asset Mortgage Capital Corporation Is Fair to Shareholders

  • AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Definitive Merger Agreement

  • AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Definitive Merger Agreement

  • Western Asset Mortgage Capital Corporation Announces Second Quarter 2023 Results