Capstead Mortgage Corporation (NYSE: CMO) is -39.14% lower on its value in year-to-date trading and has touched a low of $1.97 and a high of $9.25 in the current 52-week trading range. The CMO stock was last observed hovering at around $4.84 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $6.00 for the next 12 months. It is also 41.58% off the consensus price target high of $8.25 offered by 3 analysts, but current levels are 19.67% higher than the price target low of $6.00 for the same period.
Currently trading at $4.82, the stock is 10.12% and -16.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 979148.0 and changing -0.41% at the moment leaves the stock -34.57% off its SMA200. CMO registered -44.15% loss for a year compared to 6-month loss of -38.36%. The firm has a 50-day simple moving average (SMA 50) of $4.7740 and a 200-day simple moving average (SMA200) of $7.0943.
The stock witnessed a 44.74% gain in the last 1 month and extending the period to 3 months gives it a -40.79%, and is 10.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.82% over the week and 13.98% over the month.
Capstead Mortgage Corporation (CMO) has around 14 employees, a market worth around $466.72M and $323.00M in sales. Fwd P/E is 12.36. Profit margin for the company is -17.00%. Distance from 52-week low is 144.67% and -47.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.30%).
Capstead Mortgage Corporation (CMO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Capstead Mortgage Corporation (CMO) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.70, where 2 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Capstead Mortgage Corporation is expected to release its quarterly report on 04/29/2020 and quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $65M over the same period.The EPS is expected to shrink by -284.20% this year, but quarterly earnings will post -23.50% year-over-year. Quarterly sales are estimated to shrink -22.80% in year-over-year returns.
Capstead Mortgage Corporation (CMO) Top Institutional Holders
6 institutions hold shares in Capstead Mortgage Corporation (CMO), with 85.86M shares held by insiders accounting for 89.26% while institutional investors hold 6.83% of the company’s shares. The shares outstanding are 96.83M, and float is at 94.43M with Short Float at 4.39%. Institutions hold 0.73% of the Float.
Capstead Mortgage Corporation (CMO) Insider Activity
A total of 7 insider transactions have happened at Capstead Mortgage Corporation (CMO) in the last six months, with sales accounting for 2 and purchases happening 5 times. The most recent transaction is an insider purchase by Kim Roy, the company’s Senior Vice President. SEC filings show that Kim Roy bought 10,800 shares of the company’s common stock on Mar 05 at a price of $7.63 per share for a total of $82388.0. Following the purchase, the insider now owns 174377.0 shares.
Capstead Mortgage Corporation disclosed in a document filed with the SEC on Jan 31 that ONEIL MICHAEL G (Director) sold a total of 850 shares of the company’s common stock. The trade occurred on Jan 31 and was made at $8.25 per share for $7013.0. Following the transaction, the insider now directly holds 1000.0 shares of the CMO stock.
Capstead Mortgage Corporation (CMO): Who are the competitors?
The company’s main competitors (and peers) include PennyMac Mortgage Investment Trust (PMT) that is trading -51.12% down over the past 12 months. AGNC Investment Corp. (AGNC) is -32.39% down on the 1-year trading charts. Short interest in the company’s stock has risen 43.48% from the last report on Feb 27, 2020 to stand at a total of 2.34 million short shares sold with a short interest ratio of 2.18.