Media stories about CYS Investments (NYSE:CYS) have been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CYS Investments earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.7317437930155 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Head-To-Head Survey: CYS Investments (CYS) & Great Ajax Corp. (AJX) (americanbankingnews.com)
- Annaly Capital And Orchid Island Capital: MBS Pricing For Q3 2017 (Includes Current BV Projections) (seekingalpha.com)
- Keep focus on dividend yield stock: CYS Investments, Inc. (CYS) – Voice Of Analysts (analystsbuzz.com)
- CYS Named Top 10 REIT at Dividend Channel With 11.43% Yield (nasdaq.com)
- CYS Investments, Inc. (NYSE:CYS) – Simple Moving Averages under Consideration – The Investor Guide (wallstreetnews24.com)
Shares of CYS Investments (CYS) traded up 1.06% on Friday, hitting $8.57. The stock had a trading volume of 2,618,627 shares. The company has a 50-day moving average of $8.73 and a 200 day moving average of $8.40. The company’s market capitalization is $1.30 billion. CYS Investments has a 52 week low of $7.42 and a 52 week high of $8.98.
CYS Investments (NYSE:CYS) last issued its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $50.91 million during the quarter, compared to the consensus estimate of $69.70 million. CYS Investments had a positive return on equity of 12.69% and a negative net margin of 5.86%. During the same period in the prior year, the business posted $0.26 earnings per share. On average, equities research analysts predict that CYS Investments will post $1.04 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Monday, September 25th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 11.67%. The ex-dividend date is Friday, September 22nd. CYS Investments’s dividend payout ratio (DPR) is presently -400.00%.
A number of research analysts have weighed in on CYS shares. Zacks Investment Research upgraded CYS Investments from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub downgraded CYS Investments from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $8.50 price target on shares of CYS Investments in a research note on Thursday, September 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $8.31.
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In other news, Director David A. Tyson sold 5,950 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $8.50, for a total value of $50,575.00. Following the completion of 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 SEC, which is accessible through this hyperlink. Corporate insiders own 1.04% of the company’s stock.
About CYS Investments
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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