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Invesco Mortgage Capital (NYSE:IVR) has earned an average rating of “Hold” from the nine ratings firms that are presently covering the stock, American Banking and Market News reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $18.15.

Invesco Mortgage Capital (NYSE:IVR) traded up 0.91% during mid-day trading on Friday, hitting $17.135. 162,232 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 $17.33 and a 200-day moving average of $16.82. The company’s market cap is $2.109 billion.

Invesco Mortgage Capital (NYSE:IVR) last released its earnings data on Tuesday, July 29th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.48 by $0.02. During the same quarter last year, the company posted $0.59 earnings per share. Analysts expect that Invesco Mortgage Capital will post $1.98 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Invesco Mortgage Capital from $18.50 to $19.80 in a research note on Thursday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Invesco Mortgage Capital in a research note on Wednesday. They now have a $18.50 price target on the stock, up previously from $18.00. Finally, analysts at Wunderlich raised their price target on shares of Invesco Mortgage Capital from $19.00 to $20.00 in a research note on Wednesday. They now have a “buy” rating on the stock.

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

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