About Capstead Mortgage Corporation (NYSE:CMO)
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). The Company finances its residential mortgage investments by leveraging its long-term investment capital with secured borrowings consisting primarily of borrowings under repurchase arrangements with commercial banks and other financial institutions. The Company's portfolio of residential mortgage investments includes residential mortgage investments.
Industry, Sector and Symbol
Industry Mortgage REITs
Trailing P/E Ratio14.85
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$213.33 million
Price / Sales4.12
Cash Flow$2.27 per share
Price / Cash4.03
Book Value$10.64 per share
Price / Book0.86
Net Income$82.87 million
Return on Equity7.16%
Return on Assets0.54%
Frequently Asked Questions for Capstead Mortgage Corporation (NYSE:CMO)
What is Capstead Mortgage Corporation's stock symbol?
Capstead Mortgage Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMO."
How often does Capstead Mortgage Corporation pay dividends? What is the dividend yield for Capstead Mortgage Corporation?
Capstead Mortgage Corporation declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of $0.19 per share on Friday, October 20th. This represents a $0.76 annualized dividend and a dividend yield of 8.31%. The ex-dividend date of this dividend is Thursday, September 28th. View Capstead Mortgage Corporation's Dividend History.
How were Capstead Mortgage Corporation's earnings last quarter?
Capstead Mortgage Corporation (NYSE:CMO) announced its quarterly earnings data on Wednesday, October, 25th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.07. The real estate investment trust earned $57.44 million during the quarter, compared to the consensus estimate of $24.10 million. Capstead Mortgage Corporation had a net margin of 34.00% and a return on equity of 7.16%. During the same quarter in the prior year, the company posted $0.13 EPS. View Capstead Mortgage Corporation's Earnings History.
When will Capstead Mortgage Corporation make its next earnings announcement?
Where is Capstead Mortgage Corporation's stock going? Where will Capstead Mortgage Corporation's stock price be in 2017?
2 brokers have issued 1 year price objectives for Capstead Mortgage Corporation's stock. Their predictions range from $11.00 to $11.00. On average, they expect Capstead Mortgage Corporation's stock price to reach $11.00 in the next twelve months. View Analyst Ratings for Capstead Mortgage Corporation.
Who are some of Capstead Mortgage Corporation's key competitors?
Some companies that are related to Capstead Mortgage Corporation include Hatteras Financial Corp. (HTS), Ladder Capital Corp (LADR), CYS Investments (CYS), Redwood Trust (RWT), KKR Real Estate Finance Trust (KREF), PennyMac Mortgage Investment Trust (PMT), MTGE Investment Corp. (MTGE), Granite Point Mortgage Trust (GPMT), New York Mortgage Trust (NYMT), AG Mortgage Investment Trust (MITT), Orchid Island Capital (ORC), Apollo Residential Mortgage (AMTG), Western Asset Mortgage Capital Corporation (WMC), Dynex Capital (DX), Ares Commercial Real Estate Corporation (ACRE), Great Ajax Corp. (AJX), Cherry Hill Mortgage Investment Corporation (CHMI) and Ellington Residential Mortgage REIT (EARN).
Who are Capstead Mortgage Corporation's key executives?
Capstead Mortgage Corporation's management team includes the folowing people:
- Jack E. Biegler, Independent Chairman of the Board (Age 73)
- Phillip A. Reinsch, President, Chief Executive Officer, Director (Age 56)
- Lance J. Phillips, Chief Financial Officer, Senior Vice President, Secretary (Age 44)
- Robert R. Spears Jr., Executive Vice President, Chief Investment Officer (Age 55)
- Roy S. Kim, Senior Vice President, Treasurer (Age 47)
- John L. Bernard, Independent Director (Age 62)
- Michelle P. Goolsby, Independent Director (Age 59)
- Gary Keiser, Independent Director (Age 73)
- Christopher W. Mahowald, Independent Director (Age 55)
- Michael G. O'Neil, Independent Director (Age 74)
Who owns Capstead Mortgage Corporation stock?
Capstead Mortgage Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Paradice Investment Management LLC (5.92%), JPMorgan Chase & Co. (3.67%), Bank of New York Mellon Corp (1.87%), Citadel Advisors LLC (1.28%), Global X MANAGEMENT CO LLC (1.11%) and Wells Fargo & Company MN (0.82%). View Institutional Ownership Trends for Capstead Mortgage Corporation.
Who sold Capstead Mortgage Corporation stock? Who is selling Capstead Mortgage Corporation stock?
Capstead Mortgage Corporation's stock was sold by a variety of institutional investors in the last quarter, including Bessemer Group Inc., First Trust Advisors LP, JPMorgan Chase & Co., Bank of New York Mellon Corp, Ameriprise Financial Inc., Quantbot Technologies LP, Principal Financial Group Inc. and California State Teachers Retirement System. View Insider Buying and Selling for Capstead Mortgage Corporation.
Who bought Capstead Mortgage Corporation stock? Who is buying Capstead Mortgage Corporation stock?
Capstead Mortgage Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Paradice Investment Management LLC, Wells Fargo & Company MN, Smith Graham & Co. Investment Advisors LP, Russell Investments Group Ltd., Global X MANAGEMENT CO LLC, OxFORD Asset Management LLP and Penn Mutual Life Insurance Co. View Insider Buying and Selling for Capstead Mortgage Corporation.
How do I buy Capstead Mortgage Corporation stock?
Shares of Capstead Mortgage Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Capstead Mortgage Corporation's stock price today?
One share of Capstead Mortgage Corporation stock can currently be purchased for approximately $9.15.
How big of a company is Capstead Mortgage Corporation?
Capstead Mortgage Corporation has a market capitalization of $870.71 million and generates $213.33 million in revenue each year. The real estate investment trust earns $82.87 million in net income (profit) each year or $0.61 on an earnings per share basis. Capstead Mortgage Corporation employs 14 workers across the globe.
How can I contact Capstead Mortgage Corporation?
Capstead Mortgage Corporation's mailing address is 8401 NORTH CENTRAL EXPRESSWAY SUITE 800, DALLAS TX, 75225. The real estate investment trust can be reached via phone at 214-874-2323 or via email at [email protected]
MarketBeat Community Rating for Capstead Mortgage Corporation (CMO)MarketBeat's community ratings are surveys of what our community members think about Capstead Mortgage Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Capstead Mortgage Corporation (NYSE:CMO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$11.00 (20.22% upside)|
Consensus Price Target History for Capstead Mortgage Corporation (NYSE:CMO)
Analysts' Ratings History for Capstead Mortgage Corporation (NYSE:CMO)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/30/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$11.00||Low|
|2/7/2017||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|2/9/2016||Deutsche Bank AG||Lower Price Target||Hold||$11.50 -> $11.00||N/A|
|1/29/2016||Maxim Group||Lower Price Target||Buy||$12.00 -> $11.50||N/A|
Earnings History and Estimates Chart for Capstead Mortgage Corporation (NYSE:CMO)
Earnings History by Quarter for Capstead Mortgage Corporation (NYSE CMO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/25/2017||Q3 2017||$0.20||$0.13||$24.10 million||$57.44 million||View||N/A|
|7/26/2017||Q2 2017||$0.20||$0.14||$26.13 million||$56.34 million||View||N/A|
|4/26/2017||Q1 2017||$0.17||$0.20||$23.25 million||$54.99 million||View||N/A|
|1/25/2017||Q416||$0.19||$0.14||$56.15 million||$20.85 million||View||N/A|
|10/26/2016||Q316||$0.18||$0.16||$51.45 million||$50.02 million||View||N/A|
|7/27/2016||Q216||$0.23||$0.19||$55.80 million||$53.44 million||View||N/A|
|4/27/2016||Q116||$0.25||$0.25||$55.00 million||$59.69 million||View||N/A|
|1/27/2016||Q415||$0.24||$0.26||$54.60 million||$57.58 million||View||Listen|
|10/28/2015||Q315||$0.26||$0.18||$55.00 million||$49.57 million||View||Listen|
|7/29/2015||Q2||$0.30||$0.22||$56.88 million||$50.44 million||View||Listen|
|4/29/2015||Q115||$0.31||$0.32||$55.51 million||$58.74 million||View||N/A|
|1/28/2015||Q414||$0.33||$0.31||$56.10 million||$56.45 million||View||N/A|
|10/29/2014||Q314||$0.34||$0.30||$57.92 million||$53.94 million||View||N/A|
|7/30/2014||Q214||$0.36||$0.35||$58.14 million||$57.17 million||View||N/A|
|4/30/2014||Q114||$0.34||$0.37||$56.10 million||$59.51 million||View||N/A|
|7/24/2013||Q213||$0.32||$0.27||$55.90 million||$51.70 million||View||N/A|
|1/30/2013||Q412||$0.33||$0.31||$61.50 million||$61.17 million||View||N/A|
Earnings Estimates for Capstead Mortgage Corporation (NYSE:CMO)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Capstead Mortgage Corporation (NYSE:CMO)
|Most Recent Dividend:||10/20/2017|
|Dividend Growth:||-7.30% (3 Year Average)|
|Payout Ratio:||124.59% (Trailing 12 Months of Earnings) |
|Track Record:||3 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Capstead Mortgage Corporation (NYSE CMO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Capstead Mortgage Corporation (NYSE CMO)
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 71.26%
Insider Trades by Quarter for Capstead Mortgage Corporation (NYSE CMO)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/4/2016||Michael G Oneil||Director||Sell||8,000||$9.52||$76,160.00|| |
|12/22/2014||Phillip A Reinsch||CFO||Sell||110,000||$12.76||$1,403,600.00|| |
|10/28/2013||Christopher W Mahowald||Director||Buy||49,400||$11.84||$584,896.00|| |
|5/29/2013||Jack Biegler||Director||Buy||20,000||$12.03||$240,600.00|| |
|5/2/2013||Paul M Low||Director||Sell||4,900||$12.31||$60,319.00|| |
|12/21/2012||Paul M Low||Director||Sell||3,400||$12.02||$40,868.00|| |
Latest Headlines for Capstead Mortgage Corporation (NYSE CMO)
|Capstead Mortgage (CMO) Presents At Three Part Advisors Southwest IDEAS Investor Conference - Slideshow|
seekingalpha.com - November 17 at 4:32 PM
|Capstead Mortgage's Series E Preferred Stock Shares Cross 7.5% Yield Mark|
www.thestreet.com - November 16 at 12:53 PM
|Warning: 10% Dividend Yield Is Moving Towards 11%, You Were Warned|
seekingalpha.com - November 14 at 5:48 PM
|Capstead Mortgage Corporation (CMO) vs. Chimera Investment Corporation (CIM) Financial Contrast|
www.americanbankingnews.com - November 13 at 5:38 AM
|Short Interest Decreases By 11.5% For CMO|
www.thestreet.com - November 11 at 11:15 AM
|Hold This 8.5% Dividend Yield In A Sector Of Overpriced Junk|
seekingalpha.com - October 31 at 11:34 PM
|Capstead Mortgage Is Now Oversold (CMO)|
www.thestreet.com - October 26 at 10:40 PM
|Edited Transcript of CMO earnings conference call or presentation 26-Oct-17 1:00pm GMT|
finance.yahoo.com - October 26 at 10:39 PM
|Capstead Mortgage's (CMO) CEO Phillip Reinsch on Q3 2017 ... - Seeking Alpha|
seekingalpha.com - October 26 at 5:38 PM
|Capstead Mortgage Corporation to Host Earnings Call|
finance.yahoo.com - October 26 at 8:13 AM
|Capstead Mortgage Corporation Announces Third Quarter 2017 Results - Business Wire (press release)|
www.businesswire.com - October 25 at 11:53 PM
|Capstead Mortgage's Q3 performance underwhelms - Seeking Alpha|
seekingalpha.com - October 25 at 11:53 PM
|Capstead Mortgage Corporation (CMO) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS|
www.americanbankingnews.com - October 25 at 7:20 PM
|Capstead Mortgage Corporation Announces Third Quarter 2017 Results|
finance.yahoo.com - October 25 at 6:51 PM
|Capstead posts 3Q profit|
finance.yahoo.com - October 25 at 6:51 PM
|CFO Moves: Pentair, Fulton Financial, Capstead Mortgage, Blackhawk Network Holdings|
blogs.wsj.com - October 24 at 7:43 PM
|Capstead Mortgage Corp. breached its 50 day moving average in a Bearish Manner : CMO-US : October 24, 2017|
finance.yahoo.com - October 24 at 7:42 PM
|Capstead Mortgage Corporation Announces Addition to Management Team|
finance.yahoo.com - October 23 at 5:55 PM
|2 Preferred Shares Battle For The Best Deal - Seeking Alpha|
seekingalpha.com - October 15 at 9:48 PM
|Capstead Mortgage From The Perspective Of A Preferred Investor|
seekingalpha.com - October 12 at 6:08 PM
|Capstead Mortgage Corp. : CMO-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 12, 2017|
finance.yahoo.com - October 12 at 6:08 PM
|No. 1 Investment This Week For The Buy-And-Hold Investor Seeking High-Yielding Preferred Shares|
seekingalpha.com - October 11 at 11:48 PM
|Capstead Mortgage Corporation Schedules Third Quarter 2017 Earnings Release and Conference Call - Business Wire (press release)|
www.businesswire.com - October 11 at 4:34 AM
|Capstead Mortgage Corporation Schedules Third Quarter 2017 Earnings Release and Conference Call|
finance.yahoo.com - October 10 at 6:31 PM
|Capstead Mortgage Corp. breached its 50 day moving average in a Bearish Manner : CMO-US : October 9, 2017|
finance.yahoo.com - October 9 at 5:54 PM
|Critical Analysis: American Capital Mortgage Investment Corp. (MTGE) & Capstead Mortgage Corporation (CMO)|
www.americanbankingnews.com - October 5 at 6:50 AM
|25% Of My Portfolio Ended In A Big Bang|
seekingalpha.com - October 2 at 5:49 PM
|Capstead Mortgage Corp. breached its 50 day moving average in a Bullish Manner : CMO-US : September 26, 2017|
finance.yahoo.com - October 2 at 5:49 PM
|Surprising Price Drop Leads To Opportunity|
seekingalpha.com - September 28 at 5:14 PM
|Capstead Mortgage (CMO) Passes Through 8% Yield Mark|
www.thestreet.com - September 28 at 5:14 PM
|Capstead Mortgage Corporation (CMO) Ex-Dividend Date Scheduled for September ...|
www.nasdaq.com - September 27 at 7:20 PM
|Stock Performance Review on REIT Industry -- AvalonBay Communities, Camden Property Trust, Capstead Mortgage ... - PR Newswire (press release)|
www.prnewswire.com - September 25 at 12:26 PM
|Reviewing Capstead Mortgage Corporation (CMO) and Its Rivals|
www.americanbankingnews.com - September 24 at 12:36 PM
|Critical Analysis: Five Oaks Investment Corp. (OAKS) versus Capstead Mortgage Corporation (CMO)|
www.americanbankingnews.com - September 21 at 4:26 PM
|Investment Of The Month Brought To You At A Discount|
seekingalpha.com - September 15 at 4:11 AM
|Capstead Mortgage Corporation Declares a $0.19 Per Share Third Quarter 2017 Common Dividend and a $0.46875 ... - Business Wire (press release)|
www.businesswire.com - September 14 at 6:05 PM
|Capstead Mortgage Corporation Declares a $0.19 Per Share Third Quarter 2017 Common Dividend and a $0.46875 Per Share Third Quarter 2017 Series E Preferred Dividend|
finance.yahoo.com - September 14 at 6:04 PM
|Capstead Mortgage Corporation to Issue Quarterly Dividend of $0.19 (CMO)|
www.americanbankingnews.com - September 14 at 5:25 PM
|Surprising Price Drop Leads To Opportunity - Seeking Alpha|
seekingalpha.com - September 11 at 5:59 PM
|Buy This 7% Dividend Yield With Me: Strong Buy Rating On 7% Preferred Yield|
seekingalpha.com - September 8 at 5:41 PM
|Financial Review: Redwood Trust (RWT) and Capstead Mortgage (CMO)|
www.americanbankingnews.com - August 23 at 8:26 PM
|A Safer 7.55% Dividend Yield, Preferred Share Overreaction - Seeking Alpha|
seekingalpha.com - August 16 at 5:46 PM
|See what the IHS Markit Score report has to say about Capstead Mortgage Corp.|
finance.yahoo.com - August 13 at 2:54 AM
|Contrasting Capstead Mortgage Corporation (CMO) and Orchid Island Capital (ORC)|
www.americanbankingnews.com - July 28 at 8:10 AM
|Edited Transcript of CMO earnings conference call or presentation 27-Jul-17 1:00pm GMT|
finance.yahoo.com - July 27 at 10:41 PM
|Sinking: The Curious Case Of Capstead - Seeking Alpha|
seekingalpha.com - July 27 at 5:39 PM
|Capstead posts 2Q profit|
finance.yahoo.com - July 27 at 3:30 AM
|Capstead Mortgage Corporation (CMO) Issues Quarterly Earnings Results|
www.americanbankingnews.com - July 27 at 12:09 AM
|Capstead Mortgage Corporation Announces Second Quarter 2017 Results - Business Wire (press release)|
www.businesswire.com - July 26 at 5:56 PM
|Capstead Mortgage Corporation Announces Second Quarter 2017 Results|
finance.yahoo.com - July 26 at 5:56 PM
Capstead Mortgage Corporation (NYSE CMO) Chart for Thursday, November, 23, 2017