CMO News and Press, Capstead Mortgage Corporation From 07/20/21

We’re getting a dip in the mortgage REIT sector. We saw a quick one that was corrected recently, but this one moved quite a bit lower. The sector was expensive prior to the start of the dip, so some weakness isn’t surprising. This is an opportunity to start building posi...

U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...

Capstead Mortgage Corporation (NYSE: CMO ) (“Capstead” or the “Company”) announced today that it will release its second quarter 2021 results following the close of trading on the New York Stock Exchange on Wednesday, July 28, 2021. The Company will host ...

Occasionally we see a sector rotation where prices dip rapidly with no basis in fundamentals. When that happens, we see an opportunity to build new positions. We had one of those opportunities very recently. During the flash sale on Thursday, we picked up some DX. This is an examp...

U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...

Excitement from investors pushed price-to-book values dramatically higher over the last several months. Following the huge rally, investors should be very wary about which mortgage REITs they are purchasing. One of the few that still offers an attractive risk/reward profile is NRZ...

U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...

This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core earning...

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

In our last public update on the sector, we wrote: “NLY’s share price is pushing the upper end of our target ranges as well”. It temporarily moved over that line, providing an opportunity for investors to capture their gains. If you’re not using price-t...