Capstead Mortgage Corporation Schedules Fourth Quarter 2020 Earnings Release and Conference Call

Rhea-AI Summary

Capstead Mortgage Corporation (CMO) will announce its fourth quarter 2020 results on January 27, 2021, post-market. A conference call will be held on January 28, 2021, at 9:00 a.m. ET to discuss the results. Interested participants can dial (877) 505-6547 (U.S.) or join via the live audio webcast on the company’s website. Capstead operates as a self-managed REIT, focusing on agency-guaranteed residential mortgage pass-through securities that have low credit risk, aiming to optimize its portfolio's value through strategic investment.

Positive

• Capstead is expected to provide financial results on January 27, 2021, potentially indicating growth or stability.
• The company operates as a self-managed REIT, which allows flexibility in investment strategies.

Negative

• None.

Capstead Mortgage Corporation (NYSE: CMO) (“Capstead” or the “Company”) announced today that it will release its fourth quarter 2020 results following the close of trading on the New York Stock Exchange on Wednesday, January 27, 2021. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, January 28, 2021, at 9:00 a.m. ET.

To access the conference call, dial toll free (877) 505-6547 in the U.S., (855) 669-9657 for Canada, or (412) 902-6660 for international callers and ask to join the Capstead Mortgage Corporation call. The audio replay will be available one hour after the end of the conference call. The replay can be accessed by dialing toll free (877) 344-7529 in the U.S., (855) 669-9658 for Canada, or (412) 317-0088 for international callers and entering conference number 10151735.

A live audio webcast of the conference call can be accessed through a link in the investor relations section of the Company’s website at www.capstead.com. Please allow extra time prior to the call to download and install audio software, if needed. An audio archive of the webcast will be available until April 27, 2021 on the Company’s website.

About Capstead

Capstead is a self-managed real estate investment trust, or REIT, for federal income tax purposes. The Company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae, Freddie Mac, or by an agency of the federal government, Ginnie Mae.

Capstead’s investment strategy attempts to mitigate risks to book value by focusing on investments in agency-guaranteed residential mortgage pass-through securities, which are considered to have little, if any, credit risk and are collateralized by ARM loans with interest rates that reset periodically to more current levels.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005266/en/

FAQ

When will Capstead Mortgage Corporation release its fourth quarter 2020 results?

Capstead Mortgage Corporation will release its fourth quarter 2020 results on January 27, 2021.

What time is the Capstead earnings call scheduled for?

The Capstead earnings call is scheduled for January 28, 2021, at 9:00 a.m. ET.

How can I access the Capstead earnings call?

You can access the Capstead earnings call by dialing (877) 505-6547 in the U.S., or through a live audio webcast on their website.

What type of securities does Capstead invest in?

Capstead invests in agency-guaranteed residential mortgage pass-through securities.