INVESCO MORTGAGE CAPITAL INC with ticker code (IVR) now have 3 analysts in total covering the stock. The consensus rating is ‘Underperform’. The range between the high target price and low target price is between 14 and 11.5 calculating the mean target price we have 12.5. With the stocks previous close at 13.16 this indicates there is a potential downside of -5.0%. The 50 day moving average now sits at 12.65 and the 200 moving average now moves to 15.2. The market cap for the company is $481m. Company Website: https://www.invescomortgagecapital.com
The potential market cap would be $457m based on the market concensus.
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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.