WMC News and Press, Western Asset Mortgage Capital Corporation From 10/16/20

We're highlighting the mortgage REITs with more MSRs today: Bullish ratings on CHMI, TWO, PMT, and NRZ. We highlighted several of these REITs together before. It was 04/06/2020 and responses were mixed. Some investors hated the idea of buying at around 30% of book value. Discounts...

We’re focusing on the two big REITs today, talking about our bullish outlooks on American Capital Agency Corp. and Annaly Capital Management. Besides being big, they both have big discounts to NAV, internal management, and lower-than-average recurring operating expenses. Di...

U.S. equity markets delivered their strongest week in three months, driven by solid economic data and renewed hope for a compromise on the ever-elusive fiscal stimulus deal. Following gains of 1.6% last week, the S&P 500 surged 3.9% this week, climbing back within 3% of all-time h...

Western Asset Mortgage Capital Corporation To Report Third Quarter 2020 Financial Results Conference Call and Webcast Scheduled for Friday, November 6, 2020 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time PR Newswire PASADENA, Calif., Oct. 9, 2020 PASADENA, C...

We’re highlighting our bullish outlook on Annaly Capital Management. The largest mortgage REIT in the sector still trades at a discount of 18% to estimated book value. Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end. In thi...

This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to twenty mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core ear...

We're taking a bullish outlook on GPMT. We bought shares twice in the past forty days. Recent news on financing and a dividend announcement brought shares roaring higher. We're also taking a bullish outlook on New York Mortgage Trust. This is another beat up REIT trading at a dramatic...

U.S. equity markets snapped a four-week losing streak on a frenetic week of economic data and political developments that culminated with the hospitalization of the President of the United States. Throwing yet another curveball into the home stretch of a highly contentious U.S. electi...

Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end. In this series, we're providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment. When we provide an index card for an...

Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end. In this series, we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment. When we provide an index card...