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Western Asset Mortgage Capital Corporation  (WMC)
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Western Asset Mortgage Capital Corporation

WMC's Financial Statements and Analysis



Western Asset Mortgage Capital Corporation narrowed third quarter of 2023 net loss per share of $-1.45 compare to net loss per share of $-6.63 recorded in the same quarter a year ago a decrease compare to $-1.44 realized in previous quarter.


third quarter of 2023
Earnings Per Share Revenues
$ -1.45 $  -3 Mill
$+5.18     $+30M    



Western Asset Mortgage Capital's Revenue rose by -90.78 % in third quarter of 2023 (Sep 30 2023) year on year, to $-3 million and declined by sequentially.


Western Asset Mortgage Capital is

More on WMC's Income Statement



Western Asset Mortgage Capital's in thethird quarter of 2023 recorded net loss of $-8.707 million, an improvement compare to net loss of $-40.008 million in III. Quarter a year ago.

Sequentially net loss advanced

More on WMC's Growth

Western Asset Mortgage Capital Inventories
WMC's Cash flow In the third quarter of 2023 company's net cash flow was $7 million


Western Asset Mortgage Capital Corporation payed out dividend of $1.10 per share in last 52 weeks

In trailing twelve-month period Western Asset Mortgage Capital Corporation earned $ 0.11 cash per share, on a free-cash flow basis .

Book value fell by -12.22 % sequentially to $12.99 per share, -92.37% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 12.99 per share from $ 14.80.

Company issued 0.01 million shares or 0.14 % in Sep 30 2023.
Interest Coverage Ratio was 0.44. Debt Coverage Ratio was 0.02.

More on WMC's Dividends

 Market Capitalization (Millions) 55
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 2,139
 Revenue (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -12
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 1.1 $
 Dividend Yield TTM (%) 15.36 %
 Employees (TTM) $ -




Western Asset Mortgage Capital Corporation payed out dividend of $1.10 per share in the last 52 weeks

In trailing twelve-month period Western Asset Mortgage Capital Corporation had $ 0.11 cash flow per share, on a free-cash flow basis .

Book value fell by -12.22 % sequentially to $12.99 per share, -92.37% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 12.99 per share from $ 14.80.

Company issued 0.01 million shares or 0.14 % in Sep 30 2023.
Interest Coverage Ratio was 0.44. Debt Coverage Ratio was 0.02.

More on WMC's Balance Sheets

 Market Capitalization (Millions) 55
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 2,139
 Revenue (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -12
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 1.1 $
 Dividend Yield TTM (%) 15.36 %
 Employees (TTM) $ -
   


  News about Western Asset Mortgage Capital Corporation Earnings

WMCsn Surpass Expectations with Stellar Third Quarter 2023 Results!

Western Asset Mortgage Capital Corporation (WMC) shares have seen a decline of -13.93% over the past three months. However, in the last 30 days, the decline has been relatively smaller, at -0.12%. Despite these recent declines, WMC shares are still trading at a level 21.9% above its 52-week low.
Shifting our focus to the third quarter of 2023, Western Asset Mortgage Capital Corporation reported a loss of $-1.45 per share. This is a significant improvement compared to the previous year's loss of $-6.63 per share during the same reporting season. In the preceding reporting season, the company managed to narrow down its loss to $-1.44 per share, showing a positive trend in its financial performance. The net...

Western Asset Mortgage Capital Corporation Bounces Back with Impressive Q2 2023 Results and Promising Future Outlook

Headline: Western Asset Mortgage Capital Corporation Shows Improvement in Q2 2023, Positive Outlook for Future Performance

In its latest financial report for the period from April to June 30, 2023, Western Asset Mortgage Capital Corporation (WMC) has shown improvement, reporting a reduced loss of $-1.44 per share as compared to $-3.71 per share during the same reporting season the previous year. This positive trend indicates a significant recovery from the preceding reporting season, where the company realized a profit of $1.07 per share amounting to $40.86 million.
The net deficit for the April to June 30, 2023 time frame stood at $-8.630 million, which marks a considerable decrease from the de...

Real Estate Investment Trusts Company Surges into Profitability at WMC, Marking a Remarkable Fiscal Turnaround

Western Asset Mortgage Capital Corporation is a real estate investment trust company that specializes in investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans. The company is focused on generating consistent income and total returns for its shareholders through its investment strategies.
One of the key indicators of the company's success is its financial performance, which has seen a massive turnaround in the first quarter of 2023. Western Asset Mortgage Capital Corporation reported earnings per share of $1.07, which is a significant improvement compared to the negative earnings per share of $0.43 reported in the same quarter a year ago. This turna...


Date modified: 2023-11-09T20:08:47+00:00





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