Company Profile
Updated: 17-SEP-09Capstead Mortgage Corp.
Public Company, Headquarters Location
8401 N Central Expy., Ste. 800, Dallas, TX 75225-4404, United States
(800)358-2323, (214)874-2323, (214)874-2398 fax, http://www.capstead.com
Primary SIC: Mortgage Bankers And Correspondents, Primary NAICS: Real Estate Credit
Description: Capstead Mortgage Corporation was formed in 1985 and is publicly traded on the New York Stock Exchange. Headquartered in Dallas, Texas, the company operates as a self-managed real estate investment trust (REIT). Capstead earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored entities, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae. Agency-guaranteed mortgage securities carry an implied AAA rating with limited, if any, credit risk. Capstead typically finances its investments with borrowings under repurchase arrangements with commercial banks and other financial institutions supported by its long-term investment capital. During 2008, the company increased its long-term investment capital by 30 percent to 860 million dollars. As of December 31, 2008, residential mortgage investments totaled 7.46 billion dollars. Since the spring of 2000, Capstead periodically augmented its core investment strategy with investments in net-leased senior living centers as well as commercial mortgage securities and subordinated loans supported by interests in commercial real estate. In light of overall credit market conditions, management has concluded that it will not pursue additional investments in commercial real estate-related assets. More
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Business Wire; 9/9/2009; 837 words; ...devalued homes, leading mortgage lenders are turning to...and Chris Carlisle, mortgage solutions expert from...communications are helping mortgage lenders work with individual...Mortgage Information Corp., Indy Mac, PMI Mortgage...operations departments at Capstead ...
CAPSTEAD MORTGAGE REPORTS MULTIPLE TRANSACTIONS BY DIRECTOR O'NEIL (Texas)
US Fed News Service, Including US State News; 8/29/2009; 321 words; WASHINGTON, Aug. 29 -- Capstead Mortgage Corp. (CMO), Dallas, Texas, has filed a Form 4 with the Securities and Exchange Commission noting the change in the beneficial...
JMP Securities to Hold Eighth Annual Equity Research Conference.
Business Wire; 5/13/2009; 1893 words; ...American Capital Agency Corp. American Dairy, Inc. AmeriCredit Corp. AngioDynamics, Inc. Anworth Mortgage Asset Corporation Apartment...CapitalSource Inc.) Capstead Mortgage Corporation...LLC Dollar Financial Corp. Double-Take Software...
CAPSTEAD MORTGAGE REPORTS MULTIPLE TRANSACTIONS BY CEO JACOBS (Texas)
US Fed News Service, Including US State News; 3/27/2009; 308 words; WASHINGTON, March 27 -- Capstead Mortgage Corp. (CMO), Dallas, has filed a Form 4 with the Securities and Exchange Commission noting the change in the beneficial interest...
Zacks #1 Rank Additions for Wednesday - Zacks Tale of the Tape
Zacks Investment Research - Zacks Tale of the Tape; 3/25/2009; 343 words; ...3Com Corp ( ) Acxiom Corp ( ) Agree Realty Corp ( ) Alexza Pharmaceuticals Inc ( ) Aluminum Corp of China Ltd ( ) American Financial Group ( ) APAC Customer Services Inc ( ) Capstead Mortgage Corp ( ) CuraGen Corp ( ) DivX Inc ( ) Dynavax...
Finance: Mortgage banking firm and holding company., up ofcr2 title, oofcrs, '08 emp cnt, ver all otr per web 4/23/09 wrg5
Recent News Articles
- Capstead Mortgage Corporation Declares November Dividend on Its $1.26 Cumulative Convertible Preferred Stock, Series B and Announces New Conversion Ratios for Its Preferred Stocks.
Business Wire - November 04, 2009 - Capstead Mortgage Corporation Schedules Third Quarter 2009 Earnings Release and Conference Call.
PR Newswire - October 23, 2009 - Capstead Mortgage Corporation Declares a $0.56 Per Share Third Quarter 2009 Common Dividend.
Business Wire - September 10, 2009 - Capstead Mortgage Corporation Announces Second Quarter 2009 Earnings.(Financial report)
Investment Weekly News - August 15, 2009
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