Invesco Mortgage Capital Inc (NYSE:IVR)‘s stock had its “buy” rating reaffirmed by research analysts at Keefe, Bruyette & Woods in a research report issued to clients and investors on Thursday. They currently have a $18.25 price target on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 6.79% from the company’s previous close.

Other analysts have also issued research reports about the stock. BidaskClub upgraded shares of Invesco Mortgage Capital from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Zacks Investment Research lowered shares of Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Wunderlich upped their target price on shares of Invesco Mortgage Capital from $16.50 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. Invesco Mortgage Capital presently has an average rating of “Hold” and an average price target of $17.55.

Shares of Invesco Mortgage Capital (IVR) opened at 17.09 on Thursday. Invesco Mortgage Capital has a 12 month low of $14.15 and a 12 month high of $17.34. The company has a market cap of $1.91 billion, a P/E ratio of 4.49 and a beta of 0.81. The stock’s 50 day moving average is $16.74 and its 200 day moving average is $15.87.

Invesco Mortgage Capital (NYSE:IVR) last posted its earnings results on Monday, August 7th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. Invesco Mortgage Capital had a net margin of 71.92% and a return on equity of 9.02%. The firm had revenue of $82.94 million during the quarter, compared to analyst estimates of $84.50 million. During the same quarter in the prior year, the business posted $0.42 EPS. On average, analysts anticipate that Invesco Mortgage Capital will post $1.60 EPS for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of IVR. US Bancorp DE raised its position in Invesco Mortgage Capital by 0.3% in the second quarter. US Bancorp DE now owns 17,866 shares of the real estate investment trust’s stock valued at $298,000 after buying an additional 58 shares during the last quarter. Sigma Planning Corp raised its position in Invesco Mortgage Capital by 0.5% in the first quarter. Sigma Planning Corp now owns 18,307 shares of the real estate investment trust’s stock valued at $282,000 after buying an additional 93 shares during the last quarter. IFP Advisors Inc raised its position in Invesco Mortgage Capital by 2.8% in the second quarter. IFP Advisors Inc now owns 14,952 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 411 shares during the last quarter. Principal Financial Group Inc. raised its position in Invesco Mortgage Capital by 3.4% in the second quarter. Principal Financial Group Inc. now owns 13,988 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 462 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in Invesco Mortgage Capital by 8.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 12,570 shares of the real estate investment trust’s stock valued at $194,000 after buying an additional 1,016 shares during the last quarter. Institutional investors own 64.71% of the company’s stock.

Invesco Mortgage Capital Company Profile

Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.

Analyst Recommendations for Invesco Mortgage Capital (NYSE:IVR)

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