CYS Investments (NYSE:CYS) Issues Quarterly Earnings Results, Misses Expectations By $0.02 EPS

CYS Investments (NYSE:CYS) issued its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.02), Bloomberg Earnings reports. CYS Investments had a return on equity of 13.00% and a net margin of 64.82%. The business had revenue of $46.18 million for the quarter, compared to analysts’ expectations of $47.00 million. During the same period last year, the business earned $0.24 EPS.

CYS Investments (NYSE:CYS) opened at $6.45 on Thursday. CYS Investments has a 52 week low of $6.25 and a 52 week high of $8.98. The company has a market cap of $1,013.89, a PE ratio of 6.48 and a beta of 0.37.

The firm 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. The ex-dividend date is Thursday, December 21st. This represents a $1.00 dividend on an annualized basis and a yield of 15.50%. CYS Investments’s payout ratio is presently 95.24%.

A number of research firms have weighed in on CYS. ValuEngine cut shares of CYS Investments from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Compass Point upgraded shares of CYS Investments from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 6th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $8.50.

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About CYS Investments

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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