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Invesco Mortgage Capital (NYSE:IVR) CEO Richard J. King acquired 2,657 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were purchased at an average price of $17.54 per share, with a total value of $46,603.78. Following the completion of the transaction, the chief executive officer now directly owns 74,702 shares in the company, valued at approximately $1,310,273. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Invesco Mortgage Capital from $18.00 to $18.50 in a research note on Tuesday, May 6th. They now have a “market perform” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Invesco Mortgage Capital from $16.00 to $17.00 in a research note on Tuesday, May 6th. They now have a “hold” rating on the stock. Finally, analysts at Wunderlich raised their price target on shares of Invesco Mortgage Capital from $18.00 to $19.00 in a research note on Monday, May 5th. They now have a “buy” rating on the stock. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $17.78.

Shares of Invesco Mortgage Capital (NYSE:IVR) opened at 17.79 on Friday. Invesco Mortgage Capital has a 52-week low of $14.40 and a 52-week high of $19.07. The stock has a 50-day moving average of $17.05 and a 200-day moving average of $16.15. The company’s market cap is $2.190 billion.

Invesco Mortgage Capital (NYSE:IVR) last issued its earnings data on Monday, May 5th. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.49 by $0.03. The company had revenue of $102.20 million for the quarter, compared to the consensus estimate of $77.10 million. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. On average, analysts predict that Invesco Mortgage Capital will post $1.95 earnings per share for the current fiscal year.

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

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