Wall Street analysts count on CAPSTEAD MTG CO/SH (NYSE:CMO) to put up earnings per share (EPS) of $0.17 for the present quarter, Zacks Funding Analysis reviews. Zero analysts have issued estimates for CAPSTEAD MTG CO/SH’s earnings. CAPSTEAD MTG CO/SH reported earnings of $0.11 per share in the identical quarter final yr, which might point out a optimistic yr over yr development fee of 54.5%. The agency is predicted to report its subsequent earnings report on Wednesday, October 28th.On common, analysts count on that CAPSTEAD MTG CO/SH will report full-year earnings of $0.68 per share for the present yr. For the subsequent monetary yr, analysts anticipate that the enterprise will report earnings of $0.68 per share. Zacks’ earnings per share calculations are a median primarily based on a survey of analysts that cowl CAPSTEAD MTG CO/SH.CAPSTEAD MTG CO/SH (NYSE:CMO) final launched its quarterly earnings outcomes on Wednesday, July 29th. The actual property funding belief reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.03. CAPSTEAD MTG CO/SH had a optimistic return on fairness of 10.43% and a damaging internet margin of 53.94%. The corporate had income of $48.16 million in the course of the quarter. Individually, Zacks Funding Analysis raised shares of CAPSTEAD MTG CO/SH from a “maintain” ranking to a “purchase” ranking and set a $7.00 price goal for the corporate in a analysis observe on Monday, August third.CAPSTEAD MTG CO/SH stock opened at $6.32 on Friday. The corporate has a 50 day shifting common price of $6.01 and a 200-day shifting common price of $5.67. The corporate has a debt-to-equity ratio of 11.59, a fast ratio of 19.66 and a present ratio of 19.66. CAPSTEAD MTG CO/SH has a fifty-two week low of $1.97 and a fifty-two week excessive of $8.42. The corporate has a market capitalization of $606.79 million, a PE ratio of -3.61 and a beta of 1.34. Giant traders have lately modified their holdings of the stock. FMR LLC elevated its place in shares of CAPSTEAD MTG CO/SH by 18.4% in the course of the second quarter. FMR LLC now owns 1,332,605 shares of the actual property funding belief’s stock worth $7,316,00Zero after buying an extra 207,305 shares within the final quarter. Engineers Gate Supervisor LP raised its place in shares of CAPSTEAD MTG CO/SH by 27.7% within the second quarter. Engineers Gate Supervisor LP now owns 28,400 shares of the actual property funding belief’s stock worth $156,00Zero after buying an extra 6,159 shares in the course of the interval. Cubist Systematic Methods LLC acquired a brand new place in shares of CAPSTEAD MTG CO/SH within the second quarter worth about $656,000. Level72 Hong Kong Ltd acquired a brand new place in shares of CAPSTEAD MTG CO/SH within the second quarter worth about $33,000. Lastly, Bank of America Corp DE raised its place in shares of CAPSTEAD MTG CO/SH by 12.7% within the second quarter. Bank of America Corp DE now owns 2,101,302 shares of the actual property funding belief’s stock worth $11,536,00Zero after buying an extra 236,885 shares in the course of the interval. 82.86% of the stock is owned by institutional traders. About CAPSTEAD MTG CO/SHCapstead Mortgage Company operates as an actual property funding belief (REIT) in america. It invests in a portfolio of residential mortgage pass-through securities primarily consisting of short-duration adjustable-rate mortgage securities issued and assured by government-sponsored enterprises, or by an company of the federal authorities.Featured Story: What’s the draw back to momentum investing?
Get a free copy of the Zacks analysis report on CAPSTEAD MTG CO/SH (CMO)For extra details about analysis choices from Zacks Funding Analysis, go to Zacks.comThis immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected]5 Stocks That Will Profit From the CoronavirusInvestors are digesting the harm executed to their portfolios in final week’s coronavirus-induced correction. There was no place to cover from the bears who bore their claws and shredded the market from its report highs. And the truth is there’s most likely extra volatility to come back.
Many corporations had reported earnings earlier than the depth and breadth of this outbreak grew to become obvious. And that implies that will probably be months earlier than traders get an opportunity to see how the true affect that Covid-19 virus could have on 2020 income and earnings.
For risk-averse traders, it may be tempting to take a breather from the volatility. However, because the market confirmed yesterday, the reward is there for these keen to take the danger. Nonetheless, for the subsequent few months – and perhaps longer – this won’t be like fishing in a barrel. Buyers must take a focused take a look at which corporations are well-positioned on this surroundings.
On this particular presentation, we’ll present you 5 corporations that handle considered one of three areas that may profit from the coronavirus. First, there are corporations whose provide chains don’t contain China. In principle this implies their manufacturing must be much less impacted from the virus.
Second, there are corporations which can be within the entrance traces of battling the virus. This will lead you into the biotech sector. And at last, there are stocks you may take a look at that may profit from customers taking security measures to keep away from getting the virus.
View the “5 Stocks That Will Profit From the Coronavirus”.