Wall Street is positive on Capstead Mortgage Corporation (CMO). On average, analysts give the stock a Strong Buy rating. The average price target is $6, which means analysts expect the stock to gain by 6.01% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 81, which is better than 81% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Capstead Mortgage Corporation Stock Today?
Capstead Mortgage Corporation (CMO) stock is trading at $5.66 as of 9:53 AM on Wednesday, Jul 1, a rise of $0.18, or 3.28% from the previous closing price of $5.48. The stock has traded between $5.51 and $5.70 so far today. Volume today is light. So far 55,915 shares have traded compared to average volume of 1,011,897 shares.
