Capstead Mortgage Corporation (CMO) Research
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.
Market snapshot
- Symbol
- CMO
- Price
- $6.50
- Day change
- +2.52%
- Market cap
- $556.6M
- P/E ratio
- -4179.02x
- 52-week range
- 6.25-6.54
- Sector
- Real Estate
- Industry
- REIT - Mortgage
Peer companies
Recent insider activity
- REINSCH PHILLIP A — M-Exempt (211359 shares) on 2021-10-19
- REINSCH PHILLIP A — D-Return (743593 shares) on 2021-10-19
- REINSCH PHILLIP A — D-Return (3500 shares) on 2021-10-19
- REINSCH PHILLIP A — M-Exempt (211359 shares) on 2021-10-19
- SPEARS ROBERT R JR — M-Exempt (202905 shares) on 2021-10-19
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