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9.6% Dividend Payer Capstead Mortgage Corp. Could See Extended Lower Returns
David White • Sun, Mar 31 • 1 Comment
A $100 Million Share Buyback Makes This 12% Yielder Even More Attractive
Hawkinvest • Thu, Nov 1, 2012 • 4 Comments
Capstead Mortgage: 11.5% Yielding mREIT's Net Interest Income Is Declining
Qineqt • Mon, Oct 29, 2012 • 4 Comments
Earnings Show 11.87% Dividend Payer Capstead Mortgage Co. Is A Thriving Enterprise
David White • Mon, Oct 29, 2012 • 7 Comments
Capstead Mortgage: A Hot Pick For Aggressive Investors
Cris Frangold • Tue, Sep 25, 2012 • 10 Comments
Capstead's 11% Dividend Yield To Stay Intact
Qineqt • Thu, Aug 2, 2012
Buy Capstead Mortgage For 11.7% Dividend Yield And Capital Appreciation
Qineqt • Wed, Jul 18, 2012 • 3 Comments
High-Dividend Capstead Mortgage Corp.'s Strategy May Be Perfect For Current Market Conditions
David White • Tue, Jul 17, 2012 • 20 Comments
Minimzing Taxes On REITs: A Look At Capstead Mortgage
Doug Carey • Thu, May 17, 2012 • 13 Comments
Capstead Mortgage's Earnings Report Bodes Well For Agency REIT Peers
Zvi Bar • Thu, Feb 2, 2012 • 7 Comments
Prudent Yield Hog Focus: Capstead Mortgage
Marc Gerstein • Mon, Mar 14, 2011 • 3 Comments
Capstead Mortgage: Spotlight on a 9% Yield Stock
Stockerblog • Tue, Oct 26, 2010 • 3 Comments
Capstead Mortgage to Benefit from the Fed's Interest Rate Decision
Double Dividend Stocks • Thu, Nov 5, 2009 • 1 Comment
Highland Capital Increases 'Passive' Stake in Capstead Mortgage to 5.3%
Lon Juricic • Thu, Aug 7, 2008
Capstead Mortgage Comes Clean
Patrick Harden • Fri, Oct 26, 2007

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Capstead Mortgage Management Discusses Q1 2013 Results - Earnings Call Transcript
Fri, Apr 26
Capstead Mortgage Management Discusses Q4 2012 Results - Earnings Call Transcript
Thu, Jan 31
Capstead Mortgage Management Discusses Q3 2012 Results - Earnings Call Transcript
Fri, Oct 26, 2012
Capstead Mortgage Management Discusses Q2 2012 Results - Earnings Call Transcript
Thu, Jul 26, 2012
Capstead Mortgage 4th Quarter 2011 Conference Call Transcript
Wed, Feb 8, 2012
Capstead Mortgage Corporation Q1 2010 Earnings Call Transcript
Mon, May 3, 2010
Capstead Mortgage Corp. Q4 2008 Earnings Call Transcript
Fri, Jan 30, 2009 • 1 Comment
Capstead Mortgage Corporation Q2 2008 Earnings Call Transcript
Mon, Jul 28, 2008
Capstead Mortgage Corp. Q4 2007 Earnings Call Transcript
Mon, Feb 11, 2008

Capstead Mortgage Corporation Declares a $0.31 Per Share Second Quarter 2013 Common Dividend and a $0.32292 Per Share Initial Preferred Stock Series E Dividend

Business Wire (Thu, 7:30AM)
Bulls Target Capstead After Pullback

at CNBC.com (Jun 4, 2013)
Capstead Mortgage Corporation to Participate in the Keefe, Bruyette & Woods and Deutsche Bank Investor Conferences

Business Wire (May 30, 2013)
Capstead Mortgage Corporation Completes Public Offering of 7.50% Series E Cumulative Redeemable Preferred Stock

Business Wire (May 16, 2013)
Capstead Mortgage Corporation to Present at the Wells Fargo Securities 2013 Specialty Finance Conference

Business Wire (May 15, 2013)
Capstead Mortgage Corporation Announces Redemption of $1.26 Cumulative Convertible Preferred Stock, Series B

Business Wire (May 13, 2013)
Capstead Mortgage Corporation Announces Redemption of $1.60 Cumulative Preferred Stock, Series A

Business Wire (May 13, 2013)
Capstead Mortgage Corporation Prices Public Offering of 7.50% Series E Cumulative Redeemable Preferred Stock

Business Wire (May 8, 2013)
Capstead Mortgage Corporation Announces Public Offering of Series E Cumulative Redeemable Preferred Stock

Business Wire (May 8, 2013)
Capstead Mortgage Corporation Announces First Quarter 2013 Results

Business Wire (Apr 24, 2013)
Capstead Mortgage Corporation Schedules First Quarter 2013 Earnings Release and Conference Call

Business Wire (Apr 15, 2013)
Capstead Mortgage Corporation Declares a $0.31 Per Share First Quarter 2013 Common Dividend

Business Wire (Mar 14, 2013)
CORRECTING and REPLACING Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks

Business Wire (Mar 8, 2013)
Capstead Mortgage Corporation Announces Fourth Quarter 2012 Results

Business Wire (Jan 30, 2013)
Capstead Mortgage Corporation Schedules Fourth Quarter 2012 Earnings Release and Conference Call

Business Wire (Jan 14, 2013)
Capstead Mortgage Corporation Declares a $0.30 Per Share Fourth Quarter 2012 Common Dividend

Business Wire (Dec 11, 2012)
Capstead Mortgage Corporation Declares Dividends on Its Preferred Stocks

Business Wire (Dec 6, 2012)
Capstead Mortgage Corporation Announces $100 Million Common Share Repurchase Program

Business Wire (Oct 30, 2012)
Capstead Mortgage Corporation Announces Third Quarter 2012 Results

Business Wire (Oct 24, 2012)
Capstead Mortgage Corporation Schedules Third Quarter 2012 Earnings Release and Conference Call

Business Wire (Oct 10, 2012)

CMO vs. ETF Alternatives

Company Description

Capstead Mortgage Corporation operates as a self-managed real estate investment trust for federal income tax purposes (a “REIT”) and is based in Dallas, Texas. Unless the context otherwise indicates, Capstead Mortgage Corporation, together with its subsidiaries, is referred to as “Capstead” or... More

Sector: Financial

Industry: Mortgage Investment

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, June 13, 8:59 AM Capstead Mortgage (CMO) declares $0.31/share quarterly dividend, in line with previous. Forward yield 10.25%. For shareholders of record June 28. Payable July 19. Ex-div date June 26. (PR) 1 Comment [Dividends]
Tuesday, June 4, 9:28 AM More from CYS Investments at KBW (previous): The speed (page 9) with which mortgage rates have increased in unlike anything seen even during the financial crisis, says CEO Kevin Grant. He muses over whether Bernanke's May testimony (taper) was confused messaging or an intentional market test. The punishment inflicted on mREITs (MORT) is well-known, but don't forget: Refinance activity will crater - gain on sale windfall to banks may be over, home affordability is now diminished, banks will be pushed to Treasurys over credit risk as the ROE on government paper is now improved. Grant's talk (webcast) is one all mREIT investors will value. 25 Comments [Financials]
Thursday, May 30, 10:04 AM Buy the (big) dip in the mREITs, say both KBW and RBC Capital. "We think the bond market has over-reacted and mREITs have over-reacted to that over-reaction," says KBW (presumably Bose George). Stocks to buy if the Fed cuts back earlier-than-expected: CMO, HTS, MFA, ANH, DX. Stocks if the Fed continues with the status quo: AGNC, NLY, WMC. RBC favors NLY, MFA, and HTS, but warns AGNC's higher leverage magnifies losses as well as gains. The sector (MORT +1.1%) is continuing with yesterday afternoon's bounce. 17 Comments [Financials]
Thursday, May 23, 3:01 PM Agency MBS fail to bounce from the "massive liquidation" following Bernanke's testimony yesterday, according to CIBC's Tom Tucci. Suggestions of a tapering of Fed purchases sent Fannie Mae MBS with 3% coupons to their lowest levels of the year. "Right now it seems the only source of demand is the Fed," says BAML's Brad Scott. Unsurprisingly, pure agency mREITs like AGNC and ARR hit 52-week lows today. Annaly (NLY) - now diversified into the commercial space with the CXS purchase - outperforms. 13 Comments [Financials]
Thursday, May 16, 12:43 PM It's a nice bounce for the mortgage REITs (MORT +1.3%) today as a string of weak economic data leads to a big drop in Treasury yields, the 10-year off 6 bps to 1.88%. Leading gains is Western Asset Mortgage (WMC +3.3%) following yesterday's 8% post-earnings drubbing. CEO Jim Gavin took advantage, adding 12.8% to his stake by buying about $42K worth of stock at $19.96 each. Other movers include: (CMO +2.1%), (NLY +1.9%), (ARR +2.6%), (IVR +1.8%). 6 Comments [Financials, On the Move]
Wednesday, May 15, 10:05 AM The mortgage REIT sector (MORT -1%) continues under pressure, today led by Western Asset Mortgage (WMC -7.6%) as its book value blew up in Q1 thanks to portfolio losses. American Capital Agency (AGNC -1.5%) - which started the downturn when it reported losses 2 weeks ago - nears a 52-week low, Armour Residential (ARR -3.1%) hits one. One trader suggests Capstead Mortgage (CMO -1.4%) with a portfolio of mostly reset ARMs the least affected by rising rates. CYS Investments (CYS -0.7%) - trading at a 10% discount to book and also owning ARMs - is attractive as well. 18 Comments [Financials, Quick Ideas]
Monday, May 6, 9:50 AM More sell-side on the mREITS (MORT): Maxim keeps a Buy with $33 PT on AGNC expecting the annual dividend to be maintained at $5/share thanks to $1.08 of undistributed taxable income in the kitty (KBW agrees). Jefferies is cautious, calling AGNC's Q1 tale an example of how even a well-run mREIT can run afoul. "Price and extension risk inherent in agency MBS (NLY, HTS, CYS, CMO, ANH, ARR, WMC) today are risks most investors underestimate." 10 Comments [Financials]
Friday, May 3, 7:25 AM A check of some other mortgage REITs premarket after AGNC reported a big loss in Q1: NLY -1%, IVR -0.4%, HTS -0.7%, CYS -0.7%, MFA -0.3%, CMO -2.3%, DX -1.8%, WMC -3.3%.
3 Comments [Financials, On the Move]
Thursday, April 25, 7:18 AM More on Capstead Mortgage (CMO) Q1 earnings: Interest margin gained 2 bps on the quarter to 1.15%. CPR of 19.65% vs. 19.60% in Q4. Company repurchased 638K shares at average price of $11.43 (84% of book value at time of purchase - well done). $58M of original $100M authorization remains. Book value/share of $13.60, up $0.02 from Q4. Portfolio size remained steady during quarter. Conference call at 9 ET. Shares fell 0.8% AH. No trades yet in the premarket. (PR) 1 Comment [Financials, Earnings]
Wednesday, April 24, 5:05 PM Capstead Mortgage (CMO): Q1 EPS of $0.31 misses by $0.01. (PR) 1 Comment [Earnings, Breaking News, Financials]
Wednesday, April 24, 12:10 AM Notable earnings after Wednesday’s close: AFL, AIZ, AKAM, ANGI, ARII, ARRS, ASGN, AVG, BAS, BDN, CAKE, CCI, CDNS, CLF, CLGX, CMO, CMRE, COG, CROX, CTXS, DRE, DRWI, EFX, EQIX, FFIV, FIO, FLS, GGG, INFN, ISIL, ITMN, JAH, KEX, LOGI, LPS, LRCX, LSI, MLNX, NEU, NOW, OIS, ORLY, OTEX, PDH, PMTC, QCOM, RJF, RYL, SCI, SKX, SRCL, SUSQ, SYK, TAL, TER, TEX, TQNT, TSCO, TWI, VAR, WCN, WDC, WLL, XLNX, XNPT, ZNGA 1 Comment [Earnings]
Tuesday, April 23, 5:35 PM Notable earnings after Wednesday’s close: AFL, AIZ, AKAM, ANGI, ARII, ARRS, ASGN, AVG, BAS, BDN, CAKE, CCI, CDNS, CLF, CLGX, CMO, CMRE, COG, CROX, CTXS, DRE, DRWI, EFX, EQIX, FFIV, FIO, FLS, GGG, INFN, ISIL, ITMN, JAH, KEX, LOGI, LPS, LRCX, LSI, MLNX, NEU, NOW, OIS, ORLY, OTEX, PDH, PMTC, QCOM, RJF, RYL, SCI, SKX, SRCL, SUSQ, SYK, TAL, TER, TEX, TQNT, TSCO, TWI, VAR, WCN, WDC, WLL, XLNX, XNPT, ZNGA Comment! [Earnings]
Thursday, April 18, 11:17 PM Mortgage REITs (MORT) catch the eye of D.C., with the Financial Stability Oversight Council reportedly set to cite the industry as a potential source of market vulnerability. The companies have seen assets quadruple to over $400B since 2009, but Annaly (NLY) CEO Wellington Denahan notes their capital bases have risen as well. A Two Harbors (TWO) presentation (page 8) shows mREITs are relatively small players in the MBS market. Maybe the Fed and the GSEs just don't like the competition. Annaly and American Capital (AGNC) are the 2 biggest mREITs, with Two Harbors a distant 3rd. 42 Comments [Financials]
Thursday, March 14, 7:43 AM You're not seeing a lot of mortgage REITs hike dividends, but Capstead Mortgage (CMO) delivers one, raising its Q1 payout to $0.31 from $0.30 last quarter. At last night's close of $12.78, the stock trades 5.9% below book value. Comment! [Financials]
Thursday, March 14, 7:38 AM Capstead Mortgage Corporation (CMO) declares $0.31/share quarterly dividend, 3.3% increase from prior dividend of $0.30. Forward yield 9.70%. For shareholders of record Mar. 28. Payable Apr. 19. Ex-div date Mar. 26. (PR) Comment! [Dividends]
Thursday, January 31, 10:08 AM On its earnings call, Capstead Mortgage (CMO -2.8%) discloses it's purchased another $7M in stock since the start of the year, bringing total buys to $42M since November (market cap is $1.2B). Notably a holder of ARMs, management says the curve-steepening since the start of the year has been good for Capstead, but maybe not so much for owners of fixed-rate mortgages. (earnings, last night) Comment! [Financials, On the Move]

mobilepreacher
$CMO delcares its div at .31... since CMO pays out its div directly from its earnings, this confirms that CMO is not AGNC, NLY, or CYS.
Thu, 7:59 AM
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SaltyDog62
I will keep buying $AGNC $MTGE $NLY and look to add $CMO and $DX
May 24, 10:14 AM
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Energysystems: These mortgage reit's have been hammered, but I believe that the cheap money policies will continue to their benefit.
May 24, 10:26 AM
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SaltyDog62: I totally agree. This sector is oversold now, let's see what Q2 looks like.
May 24, 10:13 PM
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SaltyDog62
Hold on, I think we are in for a little ride. Good time to add, pick a name !$AGNC $NLY $CMO $HTS $MTGE $TWO
May 23, 9:24 AM
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Ocean Man: If you like those, try $MORL for 2x the fun.
May 23, 9:25 AM
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SaltyDog62: I did the $MORL thing a while back, got out with a small gain.
May 23, 9:40 AM
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Ocean Man
$CMO book value $13.60, stock price $13.02. Yield 9.5%.
Apr 25, 9:22 AM
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Ocean Man: And it has a buyback program in place.
Apr 25, 9:22 AM
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Ashraf Eassa: I owned $CMO a long time ago...had a great run.
Apr 25, 9:28 AM
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Patrick Harden
$NLY, $AGNC, $CMO, $HTS all maintain or increase dividends. What's wrong with $CYS and $ARR?
Mar 20, 4:33 PM
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DaLatin: They cut. ARR has 3 cuts in a row. or is it 4. From 11 to 7/month. Not hedged agaist rate increases.Good thing Ben will let Yellen hike !
Mar 20, 4:38 PM
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Dividend Sheet
$CMO $CH and $MXF are the highest yielding stocks with recent dividend growth - http://stks.co/iOoB - 25 companies with 3.18% yield $GIS
Mar 17, 6:27 AM
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The_American
NLY AGNC NRF IVR CMO MFA RSO CIM NCT ABR RAS many various REITs can be great for yield AMLP ETF for MLPs : GLD SLV SIVR SLVP GDX GDXJ NUGT X
9/24/12
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The_American
AGNC NLY RSO MFA CMO bring nice yield and return of some cap appreciation in low interest rate environment for the investor GE AMLP GDXJ GDX
8/9/12
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Patrick Harden
Capstead Mortgage (CMO) has in-line Q2, guides to benign prepayments in 2nd half of 2012. Further spread narrowing should be small.
7/25/12
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ZetaKap
3 REITs Sporting Very High Yields Along With Low Valuations http://bit.ly/LBF6Aq $ANH $CMO $MFA @ZetaKap
6/8/12
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LATEST REPLIES

SaltyDog62
I will keep buying $AGNC $MTGE $NLY and look to add $CMO and $DX
May 24, 10:14 AM
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Energysystems: These mortgage reit's have been hammered, but I believe that the cheap money policies will continue to their benefit.
May 24, 10:26 AM
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SaltyDog62: I totally agree. This sector is oversold now, let's see what Q2 looks like.
May 24, 10:13 PM
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SaltyDog62
Hold on, I think we are in for a little ride. Good time to add, pick a name !$AGNC $NLY $CMO $HTS $MTGE $TWO
May 23, 9:24 AM
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Ocean Man: If you like those, try $MORL for 2x the fun.
May 23, 9:25 AM
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SaltyDog62: I did the $MORL thing a while back, got out with a small gain.
May 23, 9:40 AM
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Ocean Man
$CMO book value $13.60, stock price $13.02. Yield 9.5%.
Apr 25, 9:22 AM
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Ocean Man: And it has a buyback program in place.
Apr 25, 9:22 AM
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Ashraf Eassa: I owned $CMO a long time ago...had a great run.
Apr 25, 9:28 AM
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Patrick Harden
$NLY, $AGNC, $CMO, $HTS all maintain or increase dividends. What's wrong with $CYS and $ARR?
Mar 20, 4:33 PM
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DaLatin: They cut. ARR has 3 cuts in a row. or is it 4. From 11 to 7/month. Not hedged agaist rate increases.Good thing Ben will let Yellen hike !
Mar 20, 4:38 PM
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Paul Zimbardo
6 High Yield REITs: Which Is Best For 2012? http://seekingalpha.com/a/6rvp $CIM, $CMO, $MFA, $NHI, $NLY, $STWD
12/28/11
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madav1138: AGNC
12/29/11
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VOL FAN: I am going long with STWD for 2012. They are sitting on a ton of cash and will buy upscale distressed properties in Europe. Good Dividend.
12/29/11
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SlingWing9
Breakouts - ANH, NLY, CMO, XLP, XLV, XLU. Expect test of new support. What to do about ORCL?
12/22/11
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madav1138: I am so glad I didn't jump on NLY at $18, my cost basis has reduced down to 16.99 and with my DRIP, it will go down further for good returns
12/22/11
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Patrick Harden
ANH trims dividend, continuing the trend set by CYS, CMO, and HTS. Expect NLY's dividend to be cut too, leaving AGNC as the sector star.
12/15/11
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Brandon Gibbs: and NLY does not? i would say both have extremely solid management teams
12/16/11
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jmodrkrk: more leverage.
12/16/11
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CMO Capstead Mortgage Corporation

CMO

Capstead Mortgage Corporation