Capstead Mortgage Corporation (CMO)
Capstead Mortgage Corporation operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in Dallas, TX, US. The stock last traded at $6.50, up 2.52% on the session, giving a market capitalisation of $0. On trailing twelve-month figures it carries a trailing P/E of -4062.50, a net margin of 326.3%. Its beta of 1.54 implies it has historically moved more than the broad market.
Capstead Mortgage Corporation functions as an American real estate investment trust (REIT), focusing its operations on a diverse portfolio of residential mortgage pass-through securities. Its primary investment strategy centers on acquiring short-duration adjustable-rate mortgage (ARM) securities, specifically those issued and guaranteed by government-sponsored enterprises or agencies of the federal government. Holding the designation of a qualified REIT for federal income tax purposes, the company typically benefits from an exemption from federal corporate income taxes, provided it distributes a minimum of 90% of its taxable profits to its shareholders. This enterprise, founded in 1985, is headquartered in Dallas, Texas.
Capstead Mortgage Corporation is most often compared with the following Real Estate names: