CYS Investments, Inc. (NYSE:CYS) will post its quarterly earnings results after the market closes on Tuesday, October 24th. Analysts expect CYS Investments to post earnings of $0.24 per share for the quarter.
CYS Investments (NYSE:CYS) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. CYS Investments had a positive return on equity of 12.69% and a negative net margin of 5.86%. The firm had revenue of $50.91 million during the quarter, compared to analysts’ expectations of $69.70 million. During the same period in the previous year, the firm posted $0.26 EPS. On average, analysts expect CYS Investments to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
CYS Investments, Inc. (NYSE CYS) opened at 8.71 on Tuesday. CYS Investments, Inc. has a 1-year low of $7.42 and a 1-year high of $8.98. The firm’s market capitalization is $1.32 billion. The company’s 50-day moving average price is $8.70 and its 200 day moving average price is $8.52.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Shareholders of record on Monday, September 25th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 11.48%. The ex-dividend date of this dividend was Friday, September 22nd. CYS Investments’s dividend payout ratio (DPR) is presently -400.00%.
In other CYS Investments news, Director David A. Tyson sold 5,950 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $8.50, for a total value of $50,575.00. Following the transaction, the director now directly owns 22,603 shares of the company’s stock, valued at $192,125.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.04% of the company’s stock.
Several research analysts have commented on the company. BidaskClub raised CYS Investments from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $8.50 price objective on shares of CYS Investments in a research report on Thursday, September 14th. Finally, Zacks Investment Research raised CYS Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.00.
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.
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