American Capital Mortgage Investment (MTGE) has an average broker rating of 2.4, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
American Capital Mortgage Investment (MTGE) : The most positive equity analysts on American Capital Mortgage Investment (MTGE) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $17 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $17.88 with an expected fluctuation of $1.11 from the mean.
Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains their rating on the shares of American Capital Mortgage Investment (NASDAQ:MTGE). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $16 per share from $13 per share. The rating by the firm was issued on August 17, 2016.
American Capital Mortgage Investment (NASDAQ:MTGE): The stock opened at $17.52 and touched an intraday high of $17.71 on Wednesday. During the day, the stock corrected to an intraday low of $17.495, however, the bulls stepped in and pushed the price higher to close in the green at $17.7 with a gain of 1.14% for the day. The total traded volume for the day was 406,511. The stock had closed at $17.5 in the previous trading session.
American Capital Mortgage Investment Corp. is a mortgage real estate investment trust (REIT) that invests in, finances and manages a leveraged portfolio of mortgage-related investments, including agency residential mortgage-backed securities (RMBS), non-agency mortgage investments and other mortgage-related investments. The Company invests in residential mortgage pass-through certificates, collateralized mortgage obligations, mortgage servicing rights (MSR), mortgage REIT equity securities, commercial mortgage-backed securities, commercial mortgage loans and mortgage-related derivatives. The Companys subsidiary, Residential Credit Solutions, Inc., holds and manages MSR and residential mortgage loans. American Capital MTGE Management, LLC is an indirect subsidiary of American Capital Asset Management, LLC, which is a portfolio company of American Capital, Ltd.