INVESCO MORTGAGE CAPITAL INC (IVR) : Zacks Investment Research ranks INVESCO MORTGAGE CAPITAL INC (IVR) as 1, which is a Strong Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.17, which indicates as a Buy.
INVESCO MORTGAGE CAPITAL INC (IVR) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $18 and the lowest price target forecast is $15. The average forecast of all the analysts is $16.15 and the expected standard deviation is $1.14.
Shares of Invesco Mortgage Capital Inc. rose by 2.83% in the last five trading days and 8.77% for the last 4 weeks. Invesco Mortgage Capital Inc. is up 13.58% in the last 3-month period. Year-to-Date the stock performance stands at 34.06%. INVESCO MORTGAGE CAPITAL INC (NYSE:IVR): stock turned positive on Tuesday. Though the stock opened at $15.49, the bulls momentum made the stock top out at $15.68 level for the day. The stock recorded a low of $15.34 and closed the trading day at $15.63, in the green by 1.49%. The total traded volume for the day was 832,673. The stock had closed at $15.4 in the previous days trading.
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.