Western Asset Mortgage Capital Corp (WMC) Stock Forecast & Predictions

Western Asset Mortgage Capital Corp WMC: $2.99

385 E Colorado Blvd, Pasadena, California, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.westernassetmcc.com/

  • Market Cap$0.19B
  • Change (52 Weeks)22.23%
  • Low (52 Weeks)$1.74
  • Western Asset Mortgage Capital Corp (WMC) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Western Asset Mortgage Capital Corp (WMC) stock price is $2.99 and the 52 weeks low is $1.74, which means the Western Asset Mortgage Capital Corp stock price is up 22.23% in the last 12 months.

    Western Asset Mortgage Capital Corp (WMC) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that WMC Stock price might rise further, 25.00% indicating that WMC Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WMC stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Western Asset Mortgage Capital Corp (WMC) Stock Forecast By Analysts


    Strong Sell
    Analysts Recommendations for Western Asset Mortgage Capital Corp (WMC) is based on 10 Institutional Analyst Ratings where 0.00% are on Strong Buy, 0.00% on Moderate Buy, 40.00% remains on Hold, 10.00% are on Moderate Sell and 50.00% are on Strong Sell.

    Out of 10 Institutional Analysts, majority recommended WMC stock as Strong Sell. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Western Asset Mortgage Capital Corp.

    Western Asset Mortgage Capital Corp (WMC) Stock Price Prediction By Analysts


    HighLowAverage
    $3.41$3.28$3.31
    $3.3110.87% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for WMC set by the institutional analysts is $3.31 where High Estimate is $3.41, Median $3.315 and Low $3.28.

    The average price target for WMC by Institutional Analysts is $3.31, which is 10.87% Upside from the current price. So according to the Institutional Analysts, WMC Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Western Asset Mortgage Capital Corp (WMC) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JonesTradingHoldInitiated
    B of A SecuritiesUnderperformDowngraded
    B of A SecuritiesNeutralMaintained
    Bank of AmericaBuyReiterated
    Keefe Bruyette & WoodsMarket PerformInitiated
    JMP SecuritiesMarket PerformInitiated
    WunderlichHoldDowngraded
    CitigroupNeutralMaintained
    Bank of AmericaNeutralMaintained
    Deutsche BankHoldMaintained
    WunderlichBuyUpgraded
    Bank of AmericaNeutralDowngraded
    WunderlichHoldUpgraded
    WunderlichSellDowngraded
    Wells FargoUnderperformDowngraded
    Deutsche BankHoldMaintained
    Stifel NicolausMarket PerformMaintained
    Keefe Bruyette & WoodsMarket PerformMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    JP MorganNeutralMaintained
    WunderlichHoldMaintained
    Wells FargoMarket PerformInitiated
    CitigroupNeutralMaintained
    Deutsche BankHoldMaintained
    JefferiesHoldMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Compass PointNeutralDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Compass PointBuyUpgraded
    WunderlichHoldMaintained
    National SecuritiesNeutralDowngraded
    Deutsche BankHoldDowngraded
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralDowngraded
    WunderlichBuyMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    JP MorganNeutralDowngraded
    JefferiesHoldDowngraded
    Deutsche BankBuyMaintained
    Compass PointNeutralDowngraded
    CitigroupBuyMaintained
    JP MorganOverweightUpgraded
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    WunderlichBuyMaintained
    WunderlichBuyInitiated
    National SecuritiesBuyInitiated
    Compass PointBuyMaintained
    Deutsche BankBuyMaintained
    Compass PointBuyInitiated
    JP MorganNeutralMaintained

    Western Asset Mortgage Capital Corp (WMC) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.088
    The average consensus EPS for WMC is $0.088 with a high estimate of $0.105 and Low of $0.078 for the period 2021-06-30 and based on 4 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.1$0.075752020-09-30


    The latest average Earning Per Share Estimate for Western Asset Mortgage Capital Corp is $0.09, which is lower than WMC's last EPS, $0.10. This means that Analysts are expecting Western Asset Mortgage Capital Corp to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Western Asset Mortgage Capital Corp.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.1$0.075752020-09-30
    $0.11$0.03032020-06-30
    $0.29$0.12122020-03-31
    $0.3$0.297952019-12-31
    $0.28$0.31312019-09-30
    $0.31$0.32322019-06-30
    $0.32$0.319836700000000032019-03-31
    $0.34$0.32322018-12-31
    $0.3$0.32322018-09-30
    $0.36$0.32322018-06-30
    $0.32$0.338350000000000042018-03-31
    $0.31$0.31312017-12-31
    $0.32$0.328250000000000042017-09-30
    $0.32$0.333300000000000042017-06-30
    $0.25$0.31312017-03-31
    $0.52$0.318152016-12-31
    $0.35$0.288862016-09-30
    $0.3$0.30636332016-06-30
    $0.23$0.388850000000000032016-03-31
    $0.39$0.52522015-12-31
    $0.54$0.64642015-09-30
    $0.76$0.71712015-06-30
    $0.82$0.68391142015-03-31
    $0.65$0.67333672014-12-31
    $0.49$0.71565572014-09-30
    $0.75$0.5630752014-06-30
    $0.46$0.631252014-03-31
    $0.7$0.73068450000000012013-12-31
    $0.75661$0.74576380000000012013-09-30
    $0.85688$0.83651232013-06-30
    $0.84777$0.86084319999999992013-03-31
    $0.97539$0.79946549999999992012-12-31
    $2.47949$0.77913422012-09-30
    $0.42844$0.288476199999999962012-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).