Western Asset Mortgage Capital traded at $9.18 this Tuesday December 5th, increasing $0.39 or 4.44 percent since the previous trading session. Looking back, over the last four weeks, Western Asset Mortgage Capital gained 9.29 percent. Over the last 12 months, its price rose by 0.88 percent. Looking ahead, we forecast Western Asset Mortgage Capital to be priced at 8.90 by the end of this quarter and at 8.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Western Asset Mortgage Capital Corporation is a real estate investment trust. The Company is focused on investing in, financing and managing a diversified portfolio of real estate-related securities, whole loans and other financial assets. The Company’s portfolio includes Non-Qualified Residential Whole Loans, Commercial Loans, Non-Agency commercial mortgage-backed securities (CMBS), and to a lesser extent, Agency residential mortgage-backed securities (RMBS), Non-Agency RMBS, Residential Bridge Loans, GSE Risk Transfer Securities and asset-backed securities (ABS) secured by a portfolio of private student loans. In addition, the Company’s holdings include securitized commercial loans from two consolidated variable interest entities (VIEs).