Capstead Mortgage (NYSE:CMO)‘s stock had its “buy” rating reissued by analysts at Keefe, Bruyette & Woods in a report released on Friday. They presently have a $9.50 target price on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 10.98% from the stock’s current price.

Separately, ValuEngine upgraded Capstead Mortgage from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Capstead Mortgage presently has a consensus rating of “Hold” and an average target price of $9.50.

Capstead Mortgage (NYSE:CMO) opened at $8.56 on Friday. Capstead Mortgage has a fifty-two week low of $8.17 and a fifty-two week high of $11.41. The company has a current ratio of 12.11, a quick ratio of 15.28 and a debt-to-equity ratio of 12.58. The company has a market capitalization of $819.17, a price-to-earnings ratio of 12.97 and a beta of 0.18.

Capstead Mortgage (NYSE:CMO) last posted its quarterly earnings results on Wednesday, January 31st. The real estate investment trust reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. Capstead Mortgage had a return on equity of 7.56% and a net margin of 34.10%. The business had revenue of $22.70 million for the quarter, compared to analyst estimates of $24.55 million. During the same quarter in the previous year, the firm earned $0.14 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently bought and sold shares of CMO. Schwab Charles Investment Management Inc. raised its holdings in shares of Capstead Mortgage by 3.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 640,312 shares of the real estate investment trust’s stock worth $6,679,000 after acquiring an additional 20,022 shares during the period. Swiss National Bank raised its holdings in Capstead Mortgage by 5.0% in the 2nd quarter. Swiss National Bank now owns 163,800 shares of the real estate investment trust’s stock valued at $1,708,000 after buying an additional 7,800 shares during the period. Teachers Advisors LLC raised its holdings in Capstead Mortgage by 3.3% in the 2nd quarter. Teachers Advisors LLC now owns 174,555 shares of the real estate investment trust’s stock valued at $1,821,000 after buying an additional 5,576 shares during the period. Ameriprise Financial Inc. raised its holdings in Capstead Mortgage by 0.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 550,935 shares of the real estate investment trust’s stock valued at $5,747,000 after buying an additional 4,600 shares during the period. Finally, Nationwide Fund Advisors raised its holdings in Capstead Mortgage by 8.0% in the 2nd quarter. Nationwide Fund Advisors now owns 401,622 shares of the real estate investment trust’s stock valued at $4,189,000 after buying an additional 29,875 shares during the period. Institutional investors and hedge funds own 73.06% of the company’s stock.

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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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