American Capital Mortgage Investment Crp (NASDAQ:MTGE) had declared a cash dividend of $0.4000 on Sep 15, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 15, 2016 share price, the yield comes out to be 9.2325%. The dividend payable date has been fixed on Oct 27, 2016.
In a different note, On Aug 17, 2016, Citigroup said it Maintains its rating on American Capital Mortgage Investment Crp. In the research note, the firm Raises the price-target to $13.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 3, 2016, Deutsche Bank said it Maintains its rating on American Capital Mortgage Investment Crp. In the research note, the firm Raises the price-target to $17.00 per share. The shares have been rated ‘Hold’ by the firm. On Aug 3, 2016, Keefe Bruyette & Woods said it Maintains its rating on American Capital Mortgage Investment Crp. In the research note, the firm Raises the price-target to $16.00 per share. The shares have been rated ‘Outperform’ by the firm.
American Capital Mortgage Investment Crp (MTGE) shares turned negative on Tuesdays trading session with the shares closing down -0.01 points or -0.06% at a volume of 2,33,773. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.47. The peak price level was also seen at $17.47 while the days lowest was $17.335. Finally the shares closed at $17.35. The 52-week high of the shares is $17.735 while the 52-week low is $12.01. According to the latest information available, the market cap of the company is $795 M.
American Capital Mortgage Investment Crp(MTGE) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $0.42.
Several Insider Transactions has been reported to the SEC. On Aug 24, 2016, Aaron Pas (SVP) sold 555 shares at $17.23 per share price.Also, On Aug 24, 2016, Christopher Kuehl (SVP) sold 545 shares at $17.23 per share price.On Aug 24, 2016, Gary D Kain (Dir., CEO, President and CIO) sold 1,328 shares at $17.22 per share price, according to the Form-4 filing with the securities and exchange commission.
American Capital Mortgage Investment Corp. is a mortgage real estate investment trust (REIT) that invests in finances and manages a leveraged portfolio of mortgage-related investments including agency residential mortgage-backed securities (RMBS) non-agency mortgage investments and other mortgage-related investments. The Company invests in residential mortgage pass-through certificates collateralized mortgage obligations mortgage servicing rights (MSR) mortgage REIT equity securities commercial mortgage-backed securities commercial mortgage loans and mortgage-related derivatives. The Company’s subsidiary Residential Credit Solutions Inc. holds and manages MSR and residential mortgage loans. American Capital MTGE Management LLC is an indirect subsidiary of American Capital Asset Management LLC which is a portfolio company of American Capital Ltd.