INVESCO MORTGAGE CAPITAL INC which can be found using ticker (IVR) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Underperform’. The range between the high target price and low target price is between 12.5 and 10.5 calculating the mean target price we have $11.67. Now with the previous closing price of $10.32 and the analysts are correct then there would likely be a percentage uptick in value of 13.1%. There is a 50 day moving average of $12.22 and the 200 day moving average is $13.48. The company has a market cap of $431m. Visit the company website at: https://www.invescomortgagecapital.com
The potential market cap would be $487m based on the market consensus.
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.
The company has a dividend yield of 15.4% with the ex dividend date set at 6-4-2023 (DMY).
