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Invesco Mortgage Capital (NYSE:IVR) announced its earnings results on Friday. The company reported $0.48 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.51 by $0.03, American Banking News reports.

Invesco Mortgage Capital (NYSE:IVR) opened at 16.76 on Friday. Invesco Mortgage Capital has a 52-week low of $14.40 and a 52-week high of $22.26. The stock’s 50-day moving average is $15.85 and its 200-day moving average is $15.42. The company has a market cap of $2.218 billion and a P/E ratio of 16.97.

IVR has been the subject of a number of recent research reports. Analysts at Wunderlich upgraded shares of Invesco Mortgage Capital from a “hold” rating to a “buy” rating in a research note on Monday. They now have a $18.00 price target on the stock, up previously from $17.00. On the ratings front, analysts at Zacks upgraded shares of Invesco Mortgage Capital from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 15th. They now have a $15.50 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of Invesco Mortgage Capital from a “sell” rating to a “neutral” rating in a research note on Monday, December 23rd. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $17.07.

Invesco Mortgage Capital Inc is a real estate investment trust (NYSE:IVR).

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