Capstead Mortgage (CMO) Earning Somewhat Positive Press Coverage, Report Finds

Media headlines about Capstead Mortgage (NYSE:CMO) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Capstead Mortgage earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.85796216789 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

Shares of Capstead Mortgage (NYSE:CMO) opened at 9.64 on Thursday. The stock has a market capitalization of $926.44 million, a price-to-earnings ratio of 15.80 and a beta of 0.38. Capstead Mortgage has a 52-week low of $9.09 and a 52-week high of $11.41. The company has a 50-day moving average of $9.64 and a 200-day moving average of $10.25.

Capstead Mortgage (NYSE:CMO) last released its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The company had revenue of $56.34 million during the quarter, compared to analysts’ expectations of $26.13 million. Capstead Mortgage had a net margin of 31.15% and a return on equity of 5.16%. During the same period last year, the firm posted $0.19 earnings per share. Equities research analysts anticipate that Capstead Mortgage will post $0.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.88%. The ex-dividend date is Thursday, September 28th. Capstead Mortgage’s dividend payout ratio (DPR) is 124.59%.

A number of analysts recently weighed in on CMO shares. BidaskClub raised shares of Capstead Mortgage from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Zacks Investment Research raised shares of Capstead Mortgage from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Capstead Mortgage has a consensus rating of “Hold” and a consensus 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).

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

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