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Last $7.73 USD
Change Today -0.02 / -0.26%
Volume 1.9M
CYS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 7:34 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

cys investments inc (CYS) Snapshot

Open
$7.78
Previous Close
$7.75
Day High
$7.83
Day Low
$7.73
52 Week High
09/2/14 - $9.44
52 Week Low
06/30/15 - $7.73
Market Cap
1.2B
Average Volume 10 Days
2.4M
EPS TTM
$2.69
Shares Outstanding
158.1M
EX-Date
06/18/15
P/E TM
2.9x
Dividend
$1.12
Dividend Yield
15.25%
Current Stock Chart for CYS INVESTMENTS INC (CYS)

cys investments inc (CYS) Related Businessweek News

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cys investments inc (CYS) Details

CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was formerly known as Cypress Sharpridge Investments, Inc. and changed its name to CYS Investments, Inc. in September 2011. CYS Investments, Inc. was founded in 2006 and is based in Waltham, Massachusetts.

16 Employees
Last Reported Date: 02/17/15
Founded in 2006

cys investments inc (CYS) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $1.7M
Chief Financial Officer and Treasurer
Total Annual Compensation: $770.0K
Chief Operating Officer and Assistant Secreta...
Total Annual Compensation: $693.0K
Executive Vice President of Business Developm...
Total Annual Compensation: $774.0K
Compensation as of Fiscal Year 2014.

cys investments inc (CYS) Key Developments

CYS Investments, Inc. Declares Second Quarter 2015 Common and Preferred Stock Dividends, Payable on July 15, 2015

The Board of Directors of CYS Investments, Inc. declared a quarterly dividend of $0.28 per share of common stock for the second quarter of 2015. The common stock dividend will be paid on July 15, 2015 to stockholders of record of common stock on June 22, 2015. In accordance with the terms of the 7.75% Series A Cumulative Redeemable Preferred Stock of the Company, the Board of Directors of the Company has declared a Series A Preferred Stock cash dividend of $0.484375 per share of Series A Preferred Stock for the quarterly period that began on April 15, 2015, and ends on July 14, 2015. This dividend is payable on July 15, 2015 to stockholders of record of Series A Preferred Stock as of July 1, 2015. In accordance with the terms of the 7.50% Series B Cumulative Redeemable Preferred Stock of the Company, the Board of Directors of the Company has declared a Series B Preferred Stock cash dividend of $0.46875 per share of Series B Preferred Stock for the quarterly period that began on April 15, 2015, and ends on July 14, 2015. This dividend is payable on July 15, 2015 to stockholders of record of Series B Preferred Stock as of July 1, 2015.

CYS Investments, Inc. Presents at Keefe, Bruyette, & Woods Mortgage Finance Conference, Jun-02-2015 09:45 AM

CYS Investments, Inc. Presents at Keefe, Bruyette, & Woods Mortgage Finance Conference, Jun-02-2015 09:45 AM. Venue: Millennium Broadway Hotel, 145 West 44th Street, New York, New York, United States. Speakers: Kevin E. Grant, Chairman of the Board, Chief Executive Officer, President, Chief Investment Officer, Chief Executive Officer of Cypress Sharpridge Advisors LLC and President of Cypress Sharpridge Advisors LLC.

CYS Investments, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

CYS Investments, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company had net income available to common shareholders of $49.4 million in the first quarter, or $0.31 per diluted common share, compared to net income of $106.4 million, or $0.66 per diluted common share, in the fourth quarter of 2014. In the first quarter, total interest income was $80.9 million, a decrease of approximately $2.7 million from $83.4 million in the fourth quarter, due primarily to lower average yield on Debt Securities. The company's net interest income was $43.7 million, down approximately $4.1 million from $47.8 million in the fourth quarter, as the company experienced higher interest expense and higher amortization expense in the first quarter. The company had core earnings plus drop income of $46.9 million, or $0.30 per diluted common share, comprised of core earnings of $32.8 million, or $0.21 per diluted common share, and drop income of $14.1 million, or $0.09 per diluted common share. This compares to core earnings plus drop income of $50.1 million, or $0.31 per diluted common share, consisting of core earnings of $37.6 million, or $0.23 per diluted common share, and drop income of $12.5 million, or $0.08 per diluted common share, in the fourth quarter. Core earnings declined primarily as the result of lower yields on assets and slightly higher interest expense. The company’s book value per common share on March 31, 2015 was $10.53, compared to $10.50 at December 31, 2014, after declaring a $0.30 dividend per common share on March 9, 2015. The increase in book value was due principally to an increase in prices of Agency RMBS during the first quarter, partially offset by a decline in the value of the company's hedges.

 

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CYS Competitors

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Ladder Capital Corp $17.35 USD -0.19
Newcastle Investment Corp $4.42 USD -0.14
PennyMac Mortgage Investment Trust $17.43 USD -0.19
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Industry Analysis

CYS

Industry Average

Valuation CYS Industry Range
Price/Earnings 3.8x
Price/Sales 3.2x
Price/Book 0.7x
Price/Cash Flow 3.5x
TEV/Sales NM Not Meaningful
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