Capstead Mortgage Corporation (CMO) Company Profile
Capstead Mortgage Corporation operates as a self-managed real estate investment trust. It invests in leveraged portfolio of residential mortgage pass-through securities consisting of adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises or by an agency of the federal government. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1985 and is headquartered in Dallas, Texas.
News about CMO
60,000 Shares in Freeport-McMoRan (FCX) Acquired by Monetta Financial Services Inc.
Monetta Financial Services Inc. bought a new stake in Freeport-McMoRan (NYSE:FCX) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 60,000 shares of the natu...Read More>>>
The Stars Are Aligning For Himax
We have looked at Himax (NASDAQ:HIMX) several times in the past, and it always seemed to have much promise, but at least one of its businesses is doing bad and spoiling the fun. After Q1 2018, we're actually getting optimistic that the company might ...Read More>>>
Ellington Residential (EARN) Major Shareholder Buys $134,095.34 in Stock
Ellington Residential (NYSE:EARN) major shareholder Holdings L.P. Blackstone III bought 11,909 shares of Ellington Residential stock in a transaction that occurred on Monday, May 14th. The stock was purchased at an average cost of $11.26 per share, f...Read More>>>
Evercore ISI Increases Microsoft (MSFT) Price Target to $118.00
Microsoft (NASDAQ:MSFT) had its price target raised by Evercore ISI from $115.00 to $118.00 in a research report issued on Tuesday, Marketbeat Ratings reports. The brokerage presently has an “outperform” rating on the software giant̵...Read More>>>
Northrop Grumman: Buy This Growing Military Company For Total Return
Northrop Grumman (NOC), one of the largest defense and government equipment suppliers in the United States and abroad, is a buy for the total return investor. The portfolio has a large position in Boeing which is one-third defense, so I am considerin...Read More>>>