Capstead Mortgage Corporation found using ticker (CMO) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 7 and 6.5 and has a mean target at 6.67. With the stocks previous close at 5.72 this now indicates there is a potential upside of 16.6%. There is a 50 day moving average of 5.59 and the 200 day moving average is 5.74. The market capitalisation for the company is $568m. Find out more information at: http://www.capstead.com
Capstead Mortgage Corporation operates as a real estate investment trust (REIT) in the United States. It invests in a portfolio of residential mortgage pass-through securities primarily consisting of short-duration adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1985 and is headquartered in Dallas, Texas.