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Shares of Capstead Mortgage Corp. (NYSE:CMO) reached a new 52-week high during mid-day trading on Tuesday , Analyst RN reports. The stock traded as high as $13.19 and last traded at $13.19, with a volume of 368,507 shares changing hands. The stock had previously closed at $13.08.

CMO has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Capstead Mortgage Corp. from a “neutral” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $14.20 price target on the stock. Separately, analysts at Wunderlich reiterated a “hold” rating on shares of Capstead Mortgage Corp. in a research note on Thursday, May 1st. They now have a $13.50 price target on the stock. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Capstead Mortgage Corp. presently has a consensus rating of “Hold” and a consensus price target of $12.99.

The stock’s 50-day moving average is $12.82 and its 200-day moving average is $12.49. The company has a market cap of $1.261 billion and a P/E ratio of 13.20.

Capstead Mortgage Corp. (NYSE:CMO) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.02. Analysts expect that Capstead Mortgage Corp. will post $1.46 EPS for the current fiscal year.

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

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