Capstead Mortgage (CMO) Set to Announce Quarterly Earnings on Wednesday

Capstead Mortgage (NYSE:CMO) will announce its earnings results after the market closes on Wednesday, April 25th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.

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

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Shares of NYSE CMO opened at $8.82 on Wednesday. Capstead Mortgage has a twelve month low of $8.17 and a twelve month high of $11.41. The company has a market capitalization of $806.39, a P/E ratio of 13.47 and a beta of 0.08. The company has a quick ratio of 12.11, a current ratio of 12.11 and a debt-to-equity ratio of 12.58.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 20th. Investors of record on Thursday, March 29th will be issued a $0.16 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.64 dividend on an annualized basis and a yield of 7.26%.

A number of equities analysts recently weighed in on CMO shares. Keefe, Bruyette & Woods restated a “buy” rating and issued a $9.50 price objective on shares of Capstead Mortgage in a report on Friday, February 2nd. ValuEngine lowered shares of Capstead Mortgage from a “buy” rating to a “hold” rating in a report on Monday, April 2nd.

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About Capstead Mortgage

Capstead Mortgage Corporation operates as a real estate investment trust (REIT) in the United States. It invests in a portfolio of residential mortgage pass-through securities primarily consisting of short-duration adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.

Earnings History for Capstead Mortgage (NYSE:CMO)

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