Short Term Rating on Capstead Mortgage Corporation (CMO)

Capstead Mortgage Corporation (CMO) : Zacks Investment Research ranks Capstead Mortgage Corporation (CMO) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2, which indicates as a Buy.

Capstead Mortgage Corporation (CMO) : Average target price received by Capstead Mortgage Corporation (CMO) is $11.13 with an expected standard deviation of $0.53. The most aggressive target on the stock is $12, whereas the most downbeat target is $11. 2 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week


Capstead Mortgage Corporation (NYSE:CMO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.78 and $9.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.93, notching a gain of 1.12% for the day. The total traded volume was 1,128,687 . The stock had closed at $9.82 on the previous day.

Capstead Mortgage Corporation is a self-managed real estate investment trust (REIT). The Company invests in a leveraged portfolio of residential mortgage pass-through securities consisting exclusively of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by Government-sponsored enterprises (GSEs), either Fannie Mae or Freddie Mac (together, the GSEs), or by an agency of the federal Government, Ginnie Mae. As of December 31, 2014, the Companys long-term investment capital totaled $1.49 billion and consisted of $1.21 billion of common and $184 million of perpetual preferred stockholders equity (recorded amounts) and $100 million of unsecured borrowings. The Company offers residential mortgage securities classified as held-to-maturity.

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