CYS Investments (CYS) Posts Earnings Results, Misses Expectations By $0.02 EPS

CYS Investments (NYSE:CYS) announced its earnings results on Tuesday. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02), Bloomberg Earnings reports. The firm had revenue of $46.18 million during the quarter, compared to analyst estimates of $47.00 million. CYS Investments had a negative net margin of 2.59% and a positive return on equity of 13.30%. During the same period last year, the company earned $0.24 earnings per share.

CYS Investments (NYSE CYS) traded up $0.06 on Wednesday, reaching $6.62. The company’s stock had a trading volume of 4,370,155 shares, compared to its average volume of 2,082,466. The stock has a market cap of $1,010.00, a P/E ratio of -33.10 and a beta of 0.37. CYS Investments has a 12-month low of $6.26 and a 12-month high of $8.98.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 27th. Shareholders of record on Friday, December 22nd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 15.11%. The ex-dividend date of this dividend is Thursday, December 21st. CYS Investments’s dividend payout ratio is presently -500.00%.

CYS has been the subject of a number of research analyst reports. ValuEngine cut CYS Investments from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Compass Point raised CYS Investments from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 6th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $8.25.

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CYS Investments Company Profile

CYS Investments, Inc is a specialty finance company. The Company’s objective is to provide consistent returns to its investors through a combination of dividends and capital appreciation. It invests in agency residential mortgage-backed security (RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period.

Earnings History for CYS Investments (NYSE:CYS)

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