INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Nomura upgrades its outlook on INVESCO MORTGAGE CAPITAL INC (NYSE:IVR). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Neutral. The brokerage firm raises the price target from $14 per share to $16 per share. The rating by the firm was issued on May 18, 2016.
INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) stock has received a short term price target of $ 14.13 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.85. The higher estimate of target price is $15 , while the lower price target estimate is $13
INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.69% or 0.1 points. After the session commenced at $14.56, the stock reached the higher end at $14.56 while it hit a low of $14.3799. With the volume soaring to 838,094 shares, the last trade was called at $14.38. The company has a 52-week high of $16.04. The company has a market cap of $1,604 million and there are 111,577,275 shares in outstanding. The 52-week low of the share price is $9.74.
Shares of Invesco Mortgage Capital Inc. rose by 0.77% in the last five trading days and 2.06% for the last 4 weeks. Invesco Mortgage Capital Inc. is up 17.77% in the last 3-month period. Year-to-Date the stock performance stands at 19.86%.
Invesco Mortgage Capital Inc. is a holding company. The Company is a real estate investment trust (REIT). The Company is focused on investing in, financing and managing residential and commercial mortgage-backed securities (MBS) and mortgage loans. It invests in residential mortgage-backed securities (RMBS) (collectively Agency RMBS), RMBS that are not guaranteed by a United States Government agency (non-Agency RMBS), credit risk transfer securities issued by Government-sponsored enterprises (GSE CRT), commercial mortgage-backed securities (CMBS), residential and commercial mortgage loans, and other real estate-related financing arrangements. The Company generally finances its investments through short and long-term borrowings structured as repurchase agreements and secured loans. It finances its residential loans held-for-investment through asset-backed securities (ABS) issued by consolidated securitization trusts. The Company is managed by Invesco Advisers, Inc.