INVESCO MORTGAGE CAPITAL INC with ticker code (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 12 calculating the mean target price we have $12.33. Given that the stocks previous close was at $10.46 this is indicating there is a potential upside of 17.9%. There is a 50 day moving average of $12.85 while the 200 day moving average is $13.51. The company has a market capitalization of $453m. You can visit the company’s website by visiting: https://www.invescomortgagecapital.com
The potential market cap would be $534m 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 23.19% with the ex dividend date set at 6-4-2023 (DMY).
