Somewhat Positive Media Coverage Somewhat Likely to Impact CYS Investments (CYS) Share Price
Headlines about CYS Investments (NYSE:CYS) have trended somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CYS Investments earned a media sentiment score of 0.22 on Alpha One’s scale. Alpha One also gave media headlines about the real estate investment trust an impact score of 55 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Alpha One Sentiment’s analysis:
- CYS INVESTMENTS : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) (4-traders.com)
- Edited Transcript of CYS earnings conference call or presentation 20-Apr-17 1:00pm GMT (finance.yahoo.com)
- CYS Investments, Inc. 2017 Q1 – Results – Earnings Call Slides (seekingalpha.com)
- BRIEF-CYS Investments Q1 gaap earnings per share $0.19 (reuters.com)
- 12% Yielder CYS Climbs After Q1 Earnings Beat (finance.yahoo.com)
Shares of CYS Investments (NYSE:CYS) traded up 0.71% during midday trading on Friday, reaching $8.53. The company had a trading volume of 1,941,016 shares. The company’s 50-day moving average is $7.91 and its 200-day moving average is $8.01. CYS Investments has a 1-year low of $7.42 and a 1-year high of $9.21. The stock’s market capitalization is $1.29 billion.
CYS Investments (NYSE:CYS) last released its quarterly earnings data on Wednesday, April 19th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. The firm earned $73.30 million during the quarter, compared to analyst estimates of $74.83 million. CYS Investments had a return on equity of 10.85% and a net margin of 77.50%. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 earnings per share. On average, equities research analysts forecast that CYS Investments will post $0.96 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 12th. Stockholders of record on Thursday, March 23rd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 11.72%. The ex-dividend date was Tuesday, March 21st. CYS Investments’s dividend payout ratio (DPR) is 84.75%.
A number of equities analysts recently issued reports on CYS shares. Zacks Investment Research upgraded CYS Investments from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a report on Thursday, February 2nd. Wells Fargo & Co cut CYS Investments from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 11th. They noted that the move was a valuation call. TheStreet cut CYS Investments from a “c” rating to a “d+” rating in a report on Thursday, February 16th. Finally, Barclays PLC set a $8.00 target price on CYS Investments and gave the stock a “hold” rating in a report on Saturday, February 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $8.67.
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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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