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American Capital Mortgage Investment Crp (NASDAQ:MTGE)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Wednesday. They currently have a $20.00 price target on the stock, down from their previous price target of $25.50. Citigroup Inc.’s price target indicates a potential downside of 2.20% from the company’s current price.

Shares of American Capital Mortgage Investment Crp (NASDAQ:MTGE) traded down 0.10% on Wednesday, hitting $20.43. The stock had a trading volume of 169,668 shares. American Capital Mortgage Investment Crp has a one year low of $17.27 and a one year high of $21.30. The stock’s 50-day moving average is $19.94 and its 200-day moving average is $19.87. The company has a market cap of $1.045 billion and a P/E ratio of 8.28.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.64 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted ($0.94) earnings per share. The company’s revenue for the quarter was down 27.4% on a year-over-year basis. Analysts expect that American Capital Mortgage Investment Crp will post $2.74 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on MTGE. Analysts at Zacks upgraded shares of American Capital Mortgage Investment Crp from a “neutral” rating to an “outperform” rating in a research note on Friday, August 8th. They now have a $21.70 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of American Capital Mortgage Investment Crp from $21.50 to $22.50 in a research note on Friday, August 1st. They now have an “outperform” rating on the stock. Finally, analysts at Wunderlich reiterated a “buy” rating on shares of American Capital Mortgage Investment Crp in a research note on Friday, August 1st. They now have a $22.50 price target on the stock, up previously from $21.50. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $22.67.

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

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