Media stories about Capstead Mortgage Corporation (NYSE:CMO) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Capstead Mortgage Corporation earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.6809907974829 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
A number of research analysts recently weighed in on CMO shares. BidaskClub lowered shares of Capstead Mortgage Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Zacks Investment Research raised shares of Capstead Mortgage Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $11.00.
Shares of Capstead Mortgage Corporation (CMO) opened at 9.15 on Friday. The firm’s 50-day moving average is $9.62 and its 200 day moving average is $10.18. Capstead Mortgage Corporation has a 12 month low of $9.14 and a 12 month high of $11.41. The company has a market capitalization of $879.35 million, a price-to-earnings ratio of 15.00 and a beta of 0.38.
Capstead Mortgage Corporation (NYSE:CMO) last posted its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The business had revenue of $57.44 million during the quarter, compared to analysts’ expectations of $24.10 million. Capstead Mortgage Corporation had a net margin of 34.00% and a return on equity of 7.12%. During the same period last year, the business posted $0.13 earnings per share. Equities analysts expect that Capstead Mortgage Corporation will post $0.75 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a $0.19 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.76 dividend on an annualized basis and a yield of 8.31%. Capstead Mortgage Corporation’s dividend payout ratio is presently 124.59%.
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About Capstead Mortgage Corporation
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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