Share on StockTwits

Invesco Mortgage Capital (NYSE:IVR) announced its earnings results on Tuesday. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02, StockRatingsNetwork.com reports. During the same quarter in the previous year, the company posted $0.59 earnings per share.

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. On the ratings front, 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. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Invesco Mortgage Capital currently has an average rating of “Hold” and a consensus price target of $17.75.

Invesco Mortgage Capital (NYSE:IVR) traded down 0.35% during mid-day trading on Tuesday, hitting $17.24. 900,312 shares of the company’s stock traded hands. Invesco Mortgage Capital has a one year low of $14.40 and a one year high of $18.00. The stock has a 50-day moving average of $17.40 and a 200-day moving average of $16.80. The company’s market cap is $2.122 billion.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.