CYS Investments (CYS) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

CYS Investments (NYSE:CYS) released its earnings results on Tuesday. The real estate investment trust reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.02), Bloomberg Earnings reports. The business had revenue of $46.18 million for the quarter, compared to analysts’ expectations of $47.00 million. CYS Investments had a negative net margin of 2.59% and a positive return on equity of 13.30%. During the same quarter last year, the company posted $0.24 earnings per share.

Shares of CYS Investments (NYSE:CYS) traded down $0.36 on Thursday, reaching $6.26. The company had a trading volume of 940,840 shares, compared to its average volume of 2,022,463. CYS Investments has a 52-week low of $6.25 and a 52-week high of $8.98. The company has a market capitalization of $1,016.87, a PE ratio of -33.10 and a beta of 0.37.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 27th. Investors of record on Friday, December 22nd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 15.97%. The ex-dividend date of this dividend is Thursday, December 21st. CYS Investments’s dividend payout ratio (DPR) is presently -499.98%.

Several equities analysts have recently commented on the company. ValuEngine cut CYS Investments from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Compass Point upgraded CYS Investments from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 6th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $8.25.

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CYS Investments Company Profile

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.

Earnings History for CYS Investments (NYSE:CYS)

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