Somewhat Positive News Coverage Somewhat Unlikely to Affect Capstead Mortgage Corporation (CMO) Share Price
News headlines about Capstead Mortgage Corporation (NYSE:CMO) have been trending somewhat positive on Friday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Capstead Mortgage Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 47.0203761101077 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Critical Analysis: American Capital Mortgage Investment Corp. (MTGE) & Capstead Mortgage Corporation (CMO) (americanbankingnews.com)
- Can Capstead Mortgage Corp (CMO) Thread the Needle? Technical Update – Akron Register (akronregister.com)
- 25% Of My Portfolio Ended In A Big Bang (seekingalpha.com)
- Capstead Mortgage Corp. breached its 50 day moving average in a Bullish Manner : CMO-US : September 26, 2017 (finance.yahoo.com)
- Capstead Mortgage Corporation (CMO) Stock Price stands 2.16% away from 20 SMA – Voice Of Analysts (analystsbuzz.com)
Capstead Mortgage Corporation (CMO) opened at 9.85 on Friday. The firm has a 50-day moving average of $9.65 and a 200-day moving average of $10.27. Capstead Mortgage Corporation has a 1-year low of $8.93 and a 1-year high of $11.41. The stock has a market capitalization of $946.62 million, a price-to-earnings ratio of 16.15 and a beta of 0.38.
Capstead Mortgage Corporation (NYSE:CMO) last announced its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.06). The firm had revenue of $56.34 million for the quarter, compared to analysts’ expectations of $26.13 million. Capstead Mortgage Corporation had a net margin of 35.05% and a return on equity of 7.31%. During the same period in the previous year, the company posted $0.19 EPS. Equities research analysts anticipate that Capstead Mortgage Corporation will post $0.75 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, September 29th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.72%. The ex-dividend date of this dividend is Thursday, September 28th. Capstead Mortgage Corporation’s payout ratio is 124.59%.
CMO has been the topic of a number of research reports. 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. BidaskClub raised shares of Capstead Mortgage Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $11.00.
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Capstead Mortgage Corporation Company Profile
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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