Headlines about Capstead Mortgage Corporation (NYSE:CMO) have been trending somewhat positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capstead Mortgage Corporation earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 47.2421088629416 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Capstead Mortgage Corp (CMO) MESA Average Sinks Below FAMA - Evergreen Caller (evergreencaller.com)
- Quick notice on Oversold Stock: Capstead Mortgage Corporation (CMO) stock Upward Move Ahead - Voice Of Analysts (analystsbuzz.com)
- Investors Are Circling Capstead Mortgage Corp (CMO), What Do the Numbers Tell Us? - Stock Press Daily (stockpressdaily.com)
- Capstead Mortgage Corporation (CMO)’s Yield is stands at 8.59%: Dividend Stock to Buy - Voice Of Analysts (analystsbuzz.com)
- Running on Empty or is Capstead Mortgage Corp (CMO) Refueling? - Wall Street Review (thewallstreetreview.com)
Shares of Capstead Mortgage Corporation (NYSE CMO) traded up 0.52% during trading on Monday, reaching $9.69. The company’s stock had a trading volume of 172,898 shares. Capstead Mortgage Corporation has a 12 month low of $8.93 and a 12 month high of $11.41. The firm has a market cap of $930.85 million, a PE ratio of 15.89 and a beta of 0.36. The company’s 50 day moving average price is $10.48 and its 200 day moving average price is $10.57.
Capstead Mortgage Corporation (NYSE:CMO) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.06. The company had revenue of $56.34 million during the quarter, compared to analyst estimates of $26.13 million. Capstead Mortgage Corporation had a net margin of 35.05% and a return on equity of 7.31%. During the same period in the previous year, the company posted $0.19 EPS. On average, equities analysts predict that Capstead Mortgage Corporation will post $0.80 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, July 20th. Stockholders of record on Friday, June 30th were paid a $0.21 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.84 annualized dividend and a dividend yield of 8.71%. Capstead Mortgage Corporation’s payout ratio is 137.70%.
A number of brokerages have issued reports on CMO. BidaskClub cut Capstead Mortgage Corporation from a “buy” rating to a “hold” rating in a report on Thursday, June 29th. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.00 target price on shares of Capstead Mortgage Corporation in a report on Tuesday, May 30th. Finally, Zacks Investment Research cut Capstead Mortgage Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $11.00.
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Capstead Mortgage Corporation Company Profile
Capstead Mortgage Corporation operates as a self-managed real estate investment trust (REIT). The Company manages a leveraged portfolio of residential mortgage pass-through securities consisting of relatively short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac), or by an agency of the federal government, the Government National Mortgage Association (Ginnie Mae).
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