Shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) have earned an average recommendation of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $20.00.

Several equities research analysts have recently commented on MTGE shares. BidaskClub lowered American Capital Mortgage Investment Corp. from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $20.00 price objective on shares of American Capital Mortgage Investment Corp. in a research note on Thursday.

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Large investors have recently bought and sold shares of the company. Hilton Capital Management LLC bought a new position in American Capital Mortgage Investment Corp. in the 2nd quarter worth $202,000. Nisa Investment Advisors LLC bought a new position in American Capital Mortgage Investment Corp. in the 1st quarter worth $204,000. ClariVest Asset Management LLC boosted its holdings in American Capital Mortgage Investment Corp. by 5.4% in the 1st quarter. ClariVest Asset Management LLC now owns 16,953 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 864 shares during the period. Virginia Retirement Systems ET AL bought a new position in American Capital Mortgage Investment Corp. in the 1st quarter worth $459,000. Finally, American International Group Inc. boosted its holdings in American Capital Mortgage Investment Corp. by 7.2% in the 1st quarter. American International Group Inc. now owns 28,366 shares of the real estate investment trust’s stock worth $475,000 after buying an additional 1,907 shares during the period. Hedge funds and other institutional investors own 73.92% of the company’s stock.

American Capital Mortgage Investment Corp. (MTGE) traded up 1.32% during mid-day trading on Tuesday, reaching $19.15. The company’s stock had a trading volume of 903,583 shares. The company has a 50-day moving average price of $19.09 and a 200-day moving average price of $18.13. American Capital Mortgage Investment Corp. has a 12-month low of $15.40 and a 12-month high of $19.65. The firm has a market cap of $877.01 million, a PE ratio of 8.62 and a beta of 0.48.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.53 EPS for the quarter, topping the consensus estimate of $0.47 by $0.06. The firm had revenue of $23.39 million during the quarter, compared to analyst estimates of $27.29 million. American Capital Mortgage Investment Corp. had a return on equity of 10.40% and a net margin of 104.38%. American Capital Mortgage Investment Corp.’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 EPS. On average, equities research analysts expect that American Capital Mortgage Investment Corp. will post $2.11 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, September 29th will be paid a $0.45 dividend. The ex-dividend date is Thursday, September 28th. This represents a $1.80 annualized dividend and a dividend yield of 9.40%. American Capital Mortgage Investment Corp.’s dividend payout ratio (DPR) is 81.08%.

American Capital Mortgage Investment Corp. Company Profile

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a real estate investment trust. The Company invests in, finances and manages a leveraged portfolio of real estate-related investments, which include agency residential mortgage-backed securities (RMBS), non-agency securities, other mortgage-related investments and other real estate investments.

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