INVESCO MORTGAGE CAPITAL INC found using ticker (IVR) have now 3 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 12.5 and 11.5 calculating the mean target price we have 12. With the stocks previous close at 13.86 this would imply there is a potential downside of -13.4%. The day 50 moving average is 12.99 and the 200 day moving average is 14.85. The company has a market cap of $496m. Company Website: https://www.invescomortgagecapital.com
The potential market cap would be $429m 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.
