CYS Investments (CYS) Releases Earnings Results, Misses Estimates By $0.02 EPS

CYS Investments (NYSE:CYS) posted its quarterly earnings data on Tuesday. The real estate investment trust reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02), Bloomberg Earnings reports. The firm had revenue of $46.18 million during the quarter, compared to analyst estimates of $47.00 million. CYS Investments had a negative net margin of 2.59% and a positive return on equity of 13.30%. During the same period in the prior year, the firm earned $0.24 EPS.

CYS Investments (NYSE:CYS) opened at $6.62 on Thursday. CYS Investments has a 52-week low of $6.26 and a 52-week high of $8.98. The company has a market cap of $1,016.87, a P/E ratio of -33.10 and a beta of 0.37.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 27th. Investors of record on Friday, December 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 15.11%. The ex-dividend date of this dividend is Thursday, December 21st. CYS Investments’s dividend payout ratio (DPR) is -499.98%.

A number of equities analysts have recently weighed in on the stock. Compass Point raised shares of CYS Investments from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 6th. ValuEngine lowered shares of CYS Investments from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. CYS Investments currently has a consensus rating of “Hold” and an average price target of $8.25.

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CYS Investments Company Profile

CYS Investments, Inc is a specialty finance company. The Company’s objective is to provide consistent returns to its investors through a combination of dividends and capital appreciation. It invests in agency residential mortgage-backed security (RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period.

Earnings History for CYS Investments (NYSE:CYS)

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