Seeking Alpha

CreXus Investment Corporation (CXS)

CXS is defunct.
  • Feb. 20, 2013, 6:50 AM
    CreXus (CXS): Q4 EPS of $0.23 inline. Book value/share of $11.85 vs. $11.93 last quarter. The company remains in the 45-day period in which it can solicit offers better than Annaly's (NLY) $13/share. (PR)
    | Feb. 20, 2013, 6:50 AM | 5 Comments
  • Nov. 5, 2012, 5:52 PM
    CreXus Investment (CXS): Q3 EPS of $0.30. Last quarter's dividend was $0.32. Book value/share of $11.93 vs. $11.96 in Q2, $11.96 a year ago. Weighted-average yield on CMBS of 10.29% vs. 11.27% in Q2, 16.8% a year ago. Yield on commercial real estate portfolio of 9.44% vs. 9.50% in Q2 (no real estate a year ago). Size of paper portfolio is $731.8M vs. physical portfolio of $78.7M. (PR)
    | Nov. 5, 2012, 5:52 PM | Comment!
  • Jul. 19, 2012, 12:03 PM
    "Our biggest competitor for assets is the Fed," says CYS Investments (CYS) CEO Kevin Grant on the earnings conference call, describing what may be becoming a frothy mREIT sector as yield-starved investors elbow out not only each other, but the central bank.
    | Jul. 19, 2012, 12:03 PM | 22 Comments
Company Description
We are a specialty finance company that acquires, manages, and finances, directly or through our subsidiaries, commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, or CMBS, and other commercial real estate-related assets. We expect that the... More
Sector: Financial
Country: United States