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Investment analysts at Wunderlich hoisted their target price on shares of Capstead Mortgage Corp. (NYSE:CMO) from $12.00 to $13.00 in a note issued to investors on Friday, AR Network reports. Wunderlich’s price target indicates a potential upside of 3.01% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Keefe, Bruyette & Woods downgraded shares of Capstead Mortgage Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday. They now have a $12.50 price target on the stock, up previously from $12.35. They noted that the move was a valuation call. Separately, analysts at Compass Point downgraded shares of Capstead Mortgage Corp. to a “neutral” rating in a research note to investors on Wednesday. Finally, analysts at Zacks upgraded shares of Capstead Mortgage Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $12.40 price target on the stock. Six equities research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $12.53.

Shares of Capstead Mortgage Corp. (NYSE:CMO) opened at 12.62 on Friday. Capstead Mortgage Corp. has a 52-week low of $11.08 and a 52-week high of $13.28. The stock’s 50-day moving average is $12.25 and its 200-day moving average is $11.94. The company has a market cap of $1.209 billion and a P/E ratio of 14.19.

Capstead Mortgage Corp. (NYSE:CMO) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.04. During the same quarter in the prior year, the company posted $0.31 earnings per share. On average, analysts predict that Capstead Mortgage Corp. will post $1.31 earnings per share for the current fiscal year.

Capstead Mortgage Corporation (NYSE:CMO) operates as a self-managed real estate investment trust (REIT).

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