Analysts See $0.20 EPS for Capstead Mortgage Corporation (CMO)

July 17, 2017 - By Nellie Frank

 Analysts See $0.20 EPS for Capstead Mortgage Corporation (CMO)
Investors sentiment decreased to 1 in 2016 Q4. Its down 0.14, from 1.14 in 2016Q3. It worsened, as 20 investors sold Capstead Mortgage Corporation shares while 57 reduced holdings. 20 funds opened positions while 57 raised stakes. 62.58 million shares or 2.11% more from 61.29 million shares in 2016Q3 were reported.
Lsv Asset Mngmt has 1.03 million shares for 0.02% of their portfolio. Telemus Capital Llc owns 0.05% invested in Capstead Mortgage Corporation (NYSE:CMO) for 36,150 shares. Moreover, State Board Of Administration Of Florida Retirement Sys has 0% invested in Capstead Mortgage Corporation (NYSE:CMO). 12,840 are held by Commonwealth Equity Services. Jennison Associates Llc owns 0% invested in Capstead Mortgage Corporation (NYSE:CMO) for 169,844 shares. Hutchin Hill Cap L P has invested 0.04% in Capstead Mortgage Corporation (NYSE:CMO). 536,689 were reported by Ameriprise Fincl Inc. Employees Retirement Association Of Colorado invested in 35,922 shares. 70,009 were reported by Texas Permanent School Fund. Van Eck Associates holds 0.02% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO) for 307,244 shares. Tci Wealth Advsr invested in 0% or 375 shares. The Virginia-based Thompson Davis And has invested 0.02% in Capstead Mortgage Corporation (NYSE:CMO). Natixis reported 0% stake. Sei Invs Com has 82,138 shares. Mackenzie Fincl reported 11,222 shares stake.

Wall Street await Capstead Mortgage Corporation (NYSE:CMO) to release earnings on July, 26. Analysts forecast EPS of $0.20, up exactly $0.01 or 5.26 % from 2014’s $0.19 EPS. The expected CMO’s profit could reach $19.34M giving the stock 12.93 P/E in the case that $0.20 earnings per share is reported. After posting $0.20 EPS for the previous quarter, Capstead Mortgage Corporation’s analysts now forecast 0.00 % EPS growth. The stock decreased 0.67% or $0.07 during the last trading session, reaching $10.34. About 767,624 shares traded or 40.35% up from the average. Capstead Mortgage Corporation (NYSE:CMO) has risen 6.72% since July 18, 2016 and is uptrending. It has underperformed by 9.98% the S&P500.

Capstead Mortgage Corporation (NYSE:CMO) Ratings Coverage

Among 4 analysts covering Capstead Mortgage (NYSE:CMO), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Capstead Mortgage had 10 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, July 31 the stock rating was maintained by Deutsche Bank with “Hold”. As per Friday, July 31, the company rating was maintained by Maxim Group. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, May 29. On Monday, April 11 the stock rating was downgraded by Wells Fargo to “Market Perform”. The firm earned “Sell” rating on Tuesday, August 11 by M Partners. Wells Fargo upgraded the shares of CMO in report on Wednesday, May 11 to “Outperform” rating. The company was downgraded on Tuesday, February 7 by Wells Fargo. The stock has “Buy” rating by Maxim Group on Friday, January 29.

Capstead Mortgage Corporation operates as a self-managed real estate investment trust . The company has market cap of $1000.00 million. The Firm 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). It has a 15.81 P/E ratio. The Firm 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.

More notable recent Capstead Mortgage Corporation (NYSE:CMO) news were published by: Seekingalpha.com which released: “I Purchased This High Steady Dividend Yield” on June 10, 2017, also Seekingalpha.com with their article: “Capstead Mortgage’s (CMO) CEO Phillip Reinsch on Q1 2017 Results – Earnings …” published on April 27, 2017, Seekingalpha.com published: “Capstead Mortgage: Avoid This Sinking Ship?” on June 09, 2016. More interesting news about Capstead Mortgage Corporation (NYSE:CMO) were released by: Nasdaq.com and their article: “Capstead Mortgage Corporation (CMO) Ex-Dividend Date Scheduled for June 28, 2017” published on June 27, 2017 as well as Seekingalpha.com‘s news article titled: “The Investment Strategy I Use To Make Money Online” with publication date: July 11, 2017.

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