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Capstead Mortgage Corp. (NYSE:CMO) shares hit a new 52-week high on Friday , StockRatingsNetwork.com reports. The company traded as high as $13.35 and last traded at $13.30, with a volume of 507,873 shares changing hands. The stock had previously closed at $13.21.

Several analysts have recently commented on the stock. 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 analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Capstead Mortgage Corp. has a consensus rating of “Hold” and an average target price of $12.99.

The stock has a 50-day moving average of $12. and a 200-day moving average of $12.. The company has a market cap of $1.271 billion and a P/E ratio of 13.33.

Capstead Mortgage Corp. (NYSE:CMO) last announced its 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. On average, analysts predict that Capstead Mortgage Corp. will post $1.46 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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