Headlines about Capstead Mortgage (NYSE:CMO) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Capstead Mortgage earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.080506845049 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
Capstead Mortgage (CMO) opened at $8.70 on Wednesday. The firm has a market cap of $836.11, a price-to-earnings ratio of 14.50 and a beta of 0.30. Capstead Mortgage has a one year low of $8.51 and a one year high of $11.41. The company has a debt-to-equity ratio of 12.29, a quick ratio of 15.28 and a current ratio of 15.28.
Capstead Mortgage (NYSE:CMO) last announced its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.07). The firm had revenue of $57.44 million for the quarter, compared to the consensus estimate of $24.10 million. Capstead Mortgage had a net margin of 34.00% and a return on equity of 7.16%. During the same quarter in the previous year, the business earned $0.13 earnings per share.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Stockholders of record on Friday, December 29th will be given a dividend of $0.19 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.76 annualized dividend and a dividend yield of 8.74%. Capstead Mortgage’s payout ratio is 126.67%.
Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods upgraded shares of Capstead Mortgage from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 7th. ValuEngine upgraded shares of Capstead Mortgage from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Capstead Mortgage currently has an average rating of “Hold” and an average price target of $11.00.
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About Capstead Mortgage
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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