Shares of Invesco Mortgage Capital Inc (NYSE:IVR) have been given a consensus rating of “Buy” by the eight analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $17.58.

A number of analysts have commented on IVR shares. Wunderlich increased their price objective on shares of Invesco Mortgage Capital from $16.50 to $18.00 and gave the company a “buy” rating in a report on Tuesday, May 9th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $18.25 price objective on shares of Invesco Mortgage Capital in a report on Thursday, August 10th. BidaskClub downgraded shares of Invesco Mortgage Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Finally, Zacks Investment Research downgraded shares of Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th.

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Hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC increased its stake in shares of Invesco Mortgage Capital by 12.5% in the second quarter. Advisory Services Network LLC now owns 28,849 shares of the real estate investment trust’s stock worth $482,000 after buying an additional 3,199 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Invesco Mortgage Capital by 5.7% in the second quarter. Public Employees Retirement System of Ohio now owns 8,992 shares of the real estate investment trust’s stock worth $150,000 after buying an additional 488 shares in the last quarter. Koch Industries Inc. purchased a new stake in shares of Invesco Mortgage Capital during the second quarter worth about $285,000. Piedmont Investment Advisors LLC increased its stake in shares of Invesco Mortgage Capital by 43.4% in the second quarter. Piedmont Investment Advisors LLC now owns 139,867 shares of the real estate investment trust’s stock worth $2,337,000 after buying an additional 42,302 shares in the last quarter. Finally, Sterling Capital Management LLC increased its stake in shares of Invesco Mortgage Capital by 9.7% in the second quarter. Sterling Capital Management LLC now owns 71,181 shares of the real estate investment trust’s stock worth $1,189,000 after buying an additional 6,287 shares in the last quarter. Institutional investors and hedge funds own 63.38% of the company’s stock.

Shares of Invesco Mortgage Capital (NYSE:IVR) traded down 0.06% during trading on Wednesday, reaching $16.88. The company’s stock had a trading volume of 536,470 shares. Invesco Mortgage Capital has a 12-month low of $14.15 and a 12-month high of $17.34. The company has a 50 day moving average of $16.81 and a 200 day moving average of $16.11. The company has a market cap of $1.88 billion, a PE ratio of 4.03 and a beta of 0.81.

Invesco Mortgage Capital (NYSE:IVR) last released its quarterly earnings data on Monday, August 7th. The real estate investment trust reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.01. The company had revenue of $82.94 million during the quarter, compared to the consensus estimate of $84.50 million. Invesco Mortgage Capital had a net margin of 71.92% and a return on equity of 8.97%. During the same quarter in the prior year, the firm earned $0.42 EPS. On average, analysts anticipate that Invesco Mortgage Capital will post $1.61 EPS for the current fiscal year.

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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