American Capital Mortgage Investment Corp. (MTGE) Scheduled to Post Quarterly Earnings on Thursday
American Capital Mortgage Investment Corp. (NASDAQ:MTGE) is scheduled to announce its Q313 earnings results on Thursday, October 31st. Analysts expect the company to announce earnings of $0.78 per share and revenue of $58.69 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) opened at 19.67 on Wednesday. American Capital Mortgage Investment Corp. has a 1-year low of $16.01 and a 1-year high of $26.71. The stock has a 50-day moving average of $19.74 and a 200-day moving average of $22.03. The company has a market cap of $1.103 billion and a price-to-earnings ratio of 7.57.
A number of analysts have recently weighed in on MTGE shares. Analysts at Zacks upgraded shares of American Capital Mortgage Investment Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, August 8th. They now have a $20.20 price target on the stock. Analysts at Wunderlich cut their price target on shares of American Capital Mortgage Investment Corp. from $23.00 to $21.50 in a research note to investors on Thursday, August 1st. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $23.62.
American Capital Mortgage Investment Corp. was formed to invest in and manage a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments.
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