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Capstead Mortgage (NYSE:CMO) was upgraded by investment analysts at Maxim Group from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports.

Separately, analysts at Zacks downgraded shares of Capstead Mortgage from a “neutral” rating to an “underperform” rating in a research note on Thursday, August 7th. They now have a $12.30 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Capstead Mortgage has a consensus rating of “Hold” and an average price target of $12.61.

Shares of Capstead Mortgage (NYSE:CMO) opened at 13.16 on Wednesday. Capstead Mortgage has a one year low of $11.25 and a one year high of $13.43. The stock has a 50-day moving average of $13.07 and a 200-day moving average of $12.98. The company has a market cap of $1.261 billion and a P/E ratio of 10.26.

Capstead Mortgage (NYSE:CMO) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.01. During the same quarter in the previous year, the company posted $0.27 earnings per share. On average, analysts predict that Capstead Mortgage will post $1.42 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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