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Last $8.90 USD
Change Today +0.03 / 0.34%
Volume 1.7M
CYS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

cys investments inc (CYS) Snapshot

Open
$8.90
Previous Close
$8.87
Day High
$8.97
Day Low
$8.86
52 Week High
09/2/14 - $9.44
52 Week Low
03/31/14 - $8.18
Market Cap
1.4B
Average Volume 10 Days
2.4M
EPS TTM
$2.95
Shares Outstanding
158.1M
EX-Date
03/19/15
P/E TM
3.0x
Dividend
$1.20
Dividend Yield
13.69%
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. Board of Directors Declares First Quarter 2015 Dividends on Common Stock and Preferred Stock Payable on April 15, 2015

The Board of Directors of CYS Investments, Inc. declared a quarterly dividend of $0.30 per share of common stock for the first quarter of 2015. The common stock dividend will be paid on April 15, 2015 to stockholders of record of common stock on March 23, 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 January 15, 2015, and ends on April 14, 2015. This dividend is payable on April 15, 2015 to stockholders of record of Series A Preferred Stock as of April 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 January 15, 2015, and ends on April 14, 2015. This dividend is payable on April 15, 2015 to stockholders of record of Series B Preferred Stock as of April 1, 2015.

CYS Investments, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

CYS Investments, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total interest income of $83,599,000 against $77,132,000 for the previous quarter. Net interest income was $47,793,000 against $43,686,000 for the previous quarter. Net income was $111,556,000 against $24,985,000 for the previous quarter. Net income available to common stockholders was $106,353,000 against $19,782,000 for the previous quarter. Net income per common share basic & diluted was $0.66 against $0.12 for the previous quarter. The increase in net income available to common stockholders was largely attributable to a swing in net gain on investments to $141.4 million in the fourth quarter from a net loss of $71.6 million in the third quarter. Core earnings was $37,616,000 against $32,488,000 for the previous quarter. For the year, the company reported total interest income of $317,076,000 against $331,911,000 a year ago. Net interest income was $192,439,000 against $185,651,000 a year ago. Net income was $425,609,000 against net loss of $475,782,000 a year ago. Net income available to common stockholders was $404,797,000 against net loss available to common stockholders of $491,636,000 a year ago. Net income per common share basic & diluted was $2.50 against net loss per common share basic & diluted of $2.90 a year ago. Core earnings was $37,616,000 against $32,488,000 a year ago. Core earnings was $149,013,000 against $148,882,000 a year ago. Total stockholder return on common equity of 27.06%. Book value per common share rose to $10.50 per share compared to $9.24 at December 31, 2013. The company had core earnings plus drop income of $209.7 million, or $1.29 per diluted common share ($0.92 core earnings and $0.37 drop income), compared to $243.4 million, or $1.43 per diluted common share ($0.87 core earnings and $0.56 drop income), in 2013. The year-over-year decrease in core earnings plus drop income per share was primarily the result of a smaller investment portfolio, with average total Debt Securities of $13.9 billion for the year ended December 31, 2014, compared to $17.8 billion for the year ended December 31, 2013.

CYS Investments, Inc., Q4 2014 Earnings Call, Feb 12, 2015

CYS Investments, Inc., Q4 2014 Earnings Call, Feb 12, 2015

 

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CYS Competitors

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Company Last Change
CIM Commercial Trust Corp $18.50 USD +0.03
MFA Financial Inc $7.82 USD -0.01
New Residential Investment Corp $15.05 USD -0.08
Newcastle Investment Corp $4.76 USD -0.02
PennyMac Mortgage Investment Trust $21.44 USD +0.09
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Industry Analysis

CYS

Industry Average

Valuation CYS Industry Range
Price/Earnings 3.6x
Price/Sales 3.0x
Price/Book 0.8x
Price/Cash Flow 3.4x
TEV/Sales NM Not Meaningful
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