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Invesco Mortgage Capital (NYSE:IVR) Director John Day purchased 7 shares of the stock in a transaction dated Wednesday, August 6th. The stock was purchased at an average price of $24.36 per share, with a total value of $170.52. Following the completion of the purchase, the director now directly owns 7,070 shares in the company, valued at approximately $172,225. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Invesco Mortgage Capital (NYSE:IVR) traded up 0.35% on Friday, hitting $17.21. The stock had a trading volume of 622,035 shares. Invesco Mortgage Capital has a one year low of $14.40 and a one year high of $18.00. The stock’s 50-day moving average is $17.22 and its 200-day moving average is $16.89. The company’s market cap is $2.118 billion.

Invesco Mortgage Capital (NYSE:IVR) last announced its earnings results 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. On average, analysts predict that Invesco Mortgage Capital will post $1.99 earnings per share for the current fiscal year.

A number of research firms have recently commented on IVR. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Invesco Mortgage Capital in a research note on Friday, August 1st. They now have a $44.00 price target on the stock, up previously from $43.00. Separately, 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, July 31st. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Invesco Mortgage Capital in a research note on Wednesday, July 30th. They now have a $18.50 price target on the stock, up previously from $18.00. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Invesco Mortgage Capital presently has an average rating of “Hold” and an average price target of $22.84.

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

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