| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
96 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
99 |
| Net Income (TTM) (Millions $) |
87 |
| Cash Flow (TTM) (Millions $) |
85 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Capstead Mortgage Corporation is a real estate investment trust (REIT) based in Dallas, Texas, USA. The company was founded in 1985 and initially focused on investing in a variety of real estate assets. In 1987, Capstead shifted its focus to the residential mortgage market.
Capstead specializes in investing in adjustable-rate mortgage securities (ARMs). These are mortgage-backed securities that have a variable interest rate. Capstead purchases ARMs from mortgage originators, pools them in investment portfolios, and then sells securities based on those portfolios to investors. Capstead makes money by earning the difference between the interest payments on the ARMs it buys and the interest payments it receives on the securities it sells.
Capstead has become known for its conservative investment strategy. The company focuses on investing in high-quality, short-duration ARM securities that are backed by government-sponsored entities (GSEs) like Fannie Mae and Freddie Mac. This strategy helps Capstead minimize risk while still providing attractive yields for investors.
Capstead's portfolio of ARMs is actively managed by a team of experienced investment professionals, who closely monitor market conditions and interest rate trends. The company also uses advanced analytics and risk-management tools to help maintain the strength and stability of its portfolio.
Overall, Capstead Mortgage Corporation is a well-respected player in the residential mortgage market, providing investors with a solid return on investment while minimizing risk. The company has a strong track record of success and is well positioned to continue delivering value to its shareholders for the foreseeable future.
Company Address: 8401 North Central Expressway Dallas 75225 TX
Company Phone Number: 874-2323 Stock Exchange / Ticker: NYSE CMO
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4.54% 