INVESCO MORTGAGE CAPITAL INC found using ticker (IVR) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The range between the high target price and low target price is between 15.5 and 14 calculating the mean target price we have 14.83. Now with the previous closing price of 17.08 this would indicate that there is a downside of -13.2%. There is a 50 day moving average of 15.1 and the 200 day moving average is 22.08. The market cap for the company is $554m. Visit the company website at: https://www.invescomortgagecapital.com
The potential market cap would be $481m based on the market concensus.
Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S. government agency or federally chartered corporation; RMBS and CMBS that are not issued or guaranteed by a U.S. government agency or federally chartered corporation; credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; residential and commercial mortgage loans; and other real estate-related financing arrangements. Invesco Mortgage Capital Inc. has elected to be taxed as a REIT and would be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2008 and is headquartered in Atlanta, Georgia.
