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Balance Sheet Cash Flow Statement 8401 N. Central Expwy., Ste. 800 Dallas, TX 75225 TX Tel. 214-874-2323 Toll Free 800-358-2323 Fax 214-874-2398 |
Type: Public
On the web:
http://www.capstead.com
Employees:
17
Employee growth: 13.3%
Capstead Mortgage is holding steady in a turbulent real estate market. To stay the course, this company's strategy is to make real estate-related investments that produce returns over the long haul, with minimal sensitivity to interest rate fluctuations. The self-managed real estate investment trust (REIT) invests in single-family residential adjustable-rate mortgage securities (ARMs) issued by government agencies Fannie Mae, Freddie Mac, and Ginnie Mae; it has also held limited investments in credit-sensitive commercial mortgage assets. Capstead Mortgage was established in 1985.
Key numbers for fiscal year ending December, 2008:
Sales: $400.5M
One year growth: 28.0%
Net income: $125.9M
Income growth: 409.5%
Officers:
Chairman: Jack Biegler
President, CEO, and Director: Andrew F. Jacobs
EVP, CFO, and Secretary: Phillip A. Reinsch
Competitors:
Annaly Capital Management
MFA Financial
Redwood Trust
