INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) : 4 investment research analysts covering INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) have an average price target of $14.13 for the near short term. The highest target price given by the Brokerage Firm to the stock is $15 and the lowest target is $13 for the short term. Analysts expect the variance to be within $0.85 of the average price.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Nomura upgrades its outlook on INVESCO MORTGAGE CAPITAL INC (NYSE:IVR). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Neutral. The brokerage firm raises the price target from $14 per share to $16 per share. The rating by the firm was issued on May 18, 2016.
INVESCO MORTGAGE CAPITAL INC (NYSE:IVR): stock turned positive on Thursday. Though the stock opened at $13.9, the bulls momentum made the stock top out at $13.92 level for the day. The stock recorded a low of $13.77 and closed the trading day at $13.85, in the green by 0.44%. The total traded volume for the day was 2,302,384. The stock had closed at $13.79 in the previous days trading.
The company shares have dropped -5.59% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $15.24 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $14.11 and the 200 Day Moving Average price is recorded at $12.51. On the companys insider trading activities, Anzalone John, officer (CIO) of Invesco Mortgage Capital Inc., executed a transaction worth $56,720 on May 17, 2016. A total of 4,000 shares were purchased at an average price of $14.18. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.