CYS Investments (NYSE:CYS) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.5 by 8 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Equity Analysts at the JMP Securities downgrades the rating on CYS Investments (NYSE:CYS). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Outperform. The rating by the firm was issued on April 22, 2016.
CYS Investments (NYSE:CYS) stock has received a short term price target of $ 7.96 from 6 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.84. The higher estimate of target price is $9 , while the lower price target estimate is $7
CYS Investments (NYSE:CYS) witnessed a decline in the market cap on Tuesday as its shares dropped 1.34% or 0.11 points. After the session commenced at $8.24, the stock reached the higher end at $8.27 while it hit a low of $8.11. With the volume soaring to 1,108,023 shares, the last trade was called at $8.11. The company has a 52-week high of $8.67. The company has a market cap of $1,229 million and there are 151,556,560 shares in outstanding. The 52-week low of the share price is $5.885.
Shares of CYS Investments, Inc. rose by 1.32% in the last five trading days and 3.07% for the last 4 weeks. CYS Investments, Inc. is up 3.58% in the last 3-month period. Year-to-Date the stock performance stands at 21.12%.
CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans (primarily 10, 15, 20 or 30 years), and 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 (three, five, seven or 10 years). It invests principally in Agency RMBS, which are residential mortgage pass-through securities, the principal and interest of which are guaranteed by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Government National Mortgage Association (Ginnie Mae). In addition to Agency RMBS, the Company invests in the United States Treasuries.