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Stock analysts at Keefe, Bruyette & Woods increased their price objective on shares of American Capital Mortgage Investment Crp (NASDAQ:MTGE) from $21.50 to $22.50 in a report issued on Friday. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 12.36% from the company’s current price.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) traded up 0.45% on Friday, hitting $20.02. The stock had a trading volume of 449,256 shares. American Capital Mortgage Investment Crp has a 52 week low of $17.27 and a 52 week high of $21.30. The stock has a 50-day moving average of $19.95 and a 200-day moving average of $19.74. The company has a market cap of $1.024 billion and a P/E ratio of 8.07.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $1.02. The company had revenue of $39.80 million for the quarter, compared to the consensus estimate of $45.36 million. During the same quarter in the prior year, the company posted ($0.94) earnings per share. The company’s quarterly revenue was down 27.4% on a year-over-year basis. On average, analysts predict that American Capital Mortgage Investment Crp will post $2.61 earnings per share for the current fiscal year.

MTGE has been the subject of a number of other recent research reports. Analysts at Wunderlich reiterated a “buy” rating on shares of American Capital Mortgage Investment Crp in a research note on Friday. They now have a $22.50 price target on the stock, up previously from $21.50. Analysts at JMP Securities downgraded shares of American Capital Mortgage Investment Crp from a “market outperform” rating to a “market perform” rating in a research note on Thursday, May 15th. They now have a $26.50 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $22.87.

American Capital Mortgage Investment Corp. is a real estate investment trust (NASDAQ:MTGE).

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