Earnings Forecast Research on Capstead Mortgage Corporation (CMO)

Capstead Mortgage Corporation has received $0.22 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.2 while the top line estimate is $0.24 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -12%.

Capstead Mortgage Corporation results fell short with a surprise EPS of -30% or $-0.06. The Actual EPS was $0.14 compared to the Estimated EPS of $0.2 during its most recent quarterly earnings. Dallas based Capstead Mortgage Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Capstead Mortgage Corporation has a Price to Earnings ratio of 14.42 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.96. For the Most Recent Fiscal Year, Capstead Mortgage Corporation has a price to cash ratio of 4.45. For the Trailing twelve month period, company showed a Net Profit Margin of 38.85% and Return on Equity of the stock is 7.95%.

In the last quarter, Capstead Mortgage Corporation reported Annual Earnings of $0.14. Based on the filings, last years Annual Earnings was, $0.73. In the last Quarter, CMO reported a surprise Earnings per Share of -30% . The consensus estimate for current quarter is $0.22 and for the current fiscal year, the estimate is $0.91.

Capstead Mortgage Corporation (NYSE:CMO) witnessed a volatile trading activity on Tuesday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.71 and reached the intraday high at $10.74. The bulls started the profit booking and pushed the shares to intraday low of $10.56. The trading session was marked by a volume range of 1,587,594 shares exchanging hands. The 52-week high of the shares is $10.96 and the 52-week low is $8.93. The market cap of the company stands at $1,024 million and there are 95,989,000 shares in public circulation.

Capstead Mortgage Corporation, formed in 1985 and based in Dallas, Texas, is a self-managed real estate investment trust for federal income tax purposes. Capsteads core investment strategy is managing a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of ARM securities issued and guaranteed by government-sponsored entities, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae. Agency-guaranteed residential mortgage securities carry an implied AAA credit rating with limited, if any, credit risk.

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