INVESCO MORTGAGE CAPITAL INC (IVR) : 5 investment research analysts covering INVESCO MORTGAGE CAPITAL INC (IVR) have an average price target of $16.35 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $15 for the short term. Analysts expect the variance to be within $1.19 of the average price.
INVESCO MORTGAGE CAPITAL INC (IVR) : The consensus on INVESCO MORTGAGE CAPITAL INC (IVR) based on 6 analyst recommendation on the company stock is 2.17, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Keefe Bruyette & Woods maintains its view on INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Keefe Bruyette & Woods raises the price target from $15.5 per share to $16.25 per share on INVESCO MORTGAGE CAPITAL INC. The rating by the firm was issued on August 9, 2016.
INVESCO MORTGAGE CAPITAL INC (NYSE:IVR): The stock opened at $15.75 on Thursday but the bulls could not build on the opening and the stock topped out at $15.75 for the day. The stock traded down to $15.51 during the day, due to lack of any buying support eventually closed down at $15.63 with a loss of -0.70% for the day. The stock had closed at $15.74 on the previous day. The total traded volume was 626,112 shares.
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.