What is the price target for WMC stock?
8 analysts have analysed WMC and the average price target is 17.85 USD. This implies a price increase of 94.44% is expected in the next year compared to the current price of 9.18.
Western Asset Mortgage Capital Corporation (WMC) Forecast, Price Target & Analyst Ratings
NYSE:WMC • US95790D2045
Current stock price
9.18 USD
+0.39 (+4.44%)
Last:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Western Asset Mortgage Capital Corporation (WMC).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Feb 29, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.35
- Revenue Estimate
- 5.946M
Price Target Details & History
Consensus Price Target and Range
Mean target
$17.85
Upside
+ 94.44%
From current price of $9.18 to mean target of $17.85, Based on 8 analyst forecasts
Low
$17.68
Median
$17.85
High
$18.38
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
8 Wall Street analysts provided a forecast for the next 12 months for WMC. The average price target is 17.85 USD. This implies a price increase of 94.44% is expected in the next year compared to the current price of 9.18.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
45.00%
WMC was analyzed by 8 analysts. The buy percentage consensus is at 45. So analysts seem to be rather negative about WMC.
In the previous month the buy percentage consensus was at a similar level.
WMC was analyzed by 8 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-06-28 | JonesTrading | Downgrade | Buy -> Hold |
| 2023-01-20 | JonesTrading | Reiterate | Buy |
| 2022-06-13 | JonesTrading | Upgrade | Hold -> Buy |
| 2022-03-09 | B of A Securities | Maintains | Underperform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Feb 29, 2024
- Period
- Q4 / 2023
- EPS Estimate
- $0.35
- Revenue Estimate
- 5.946M
- Revenue Q2Q
- -85.54%
- EPS Q2Q
- 7.12%
- Number of Analysts
- 2
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
WMC is expected to report earnings on 2/29/2024. The consensus EPS estimate for the next earnings is 0.35 USD and the consensus revenue estimate is 5.95M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates 2023
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | ||
|---|---|---|---|---|---|
| Revenue YoY % growth | -156.5M -162.23% | 107.8M 168.88% | 74.2M -31.17% | 22.192M -70.09% | |
| EBITDA YoY % growth | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | -328M -507.96% | -49.8M 84.82% | -85.3M -71.29% | N/A | |
| Operating Margin | 209.58% | -46.20% | -114.96% | N/A | |
| EPS YoY % growth | 6.20 -48.76% | 2.20 -64.52% | 1.24 -43.64% | 1.22 -1.44% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | |
|---|---|
| EPS Q2Q % growth | 0.35 7.12% |
| Revenue Q2Q % growth | 5.946M -85.54% |
| EBITDA Q2Q % growth | N/A |
| EBIT Q2Q % growth | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
Western Asset Mortgage Capital Corporation / WMC Forecast FAQ
When does Western Asset Mortgage Capital Corporation (WMC) report earnings?
Western Asset Mortgage Capital Corporation (WMC) will report earnings on 2024-02-29, after the market close.
What are the consensus estimates for WMC stock next earnings?
The consensus EPS estimate for the next earnings of Western Asset Mortgage Capital Corporation (WMC) is 0.35 USD and the consensus revenue estimate is 5.95M USD.