Somewhat Favorable News Coverage Somewhat Unlikely to Impact Capstead Mortgage Corporation (CMO) Stock Price

News coverage about Capstead Mortgage Corporation (NYSE:CMO) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capstead Mortgage Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.4904867223066 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Capstead Mortgage Corporation (NYSE CMO) opened at 9.53 on Tuesday. Capstead Mortgage Corporation has a one year low of $8.93 and a one year high of $11.41. The stock has a market cap of $915.87 million, a P/E ratio of 15.62 and a beta of 0.36. The stock’s 50 day moving average is $9.72 and its 200-day moving average is $10.38.

Capstead Mortgage Corporation (NYSE:CMO) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by $0.06. Capstead Mortgage Corporation had a return on equity of 7.31% and a net margin of 35.05%. The business had revenue of $56.34 million for the quarter, compared to analysts’ expectations of $26.13 million. During the same quarter in the previous year, the firm posted $0.19 EPS. On average, equities analysts forecast that Capstead Mortgage Corporation will post $0.75 EPS for the current year.

A number of brokerages have recently issued reports on CMO. BidaskClub raised shares of Capstead Mortgage Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Zacks Investment Research raised shares of Capstead Mortgage Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $11.00 price target on shares of Capstead Mortgage Corporation in a report on Tuesday, May 30th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price 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).

Insider Buying and Selling by Quarter for Capstead Mortgage Corporation (NYSE:CMO)

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