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%.
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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.
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