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American Capital Mortgage Investment Crp (NASDAQ:MTGE) has earned a consensus recommendation of “Buy” from the seven brokerages that are covering the stock, AmericanBankingNews.com reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $22.67.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of American Capital Mortgage Investment Crp in a research note on Wednesday, August 20th. They now have a $20.00 price target on the stock, down previously from $25.50. Separately, 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. Finally, 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.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) opened at 20.36 on Thursday. 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 $20.00 and its 200-day moving average is $19.88. The company has a market cap of $1.041 billion and a price-to-earnings ratio of 8.28.

American Capital Mortgage Investment Crp (NASDAQ:MTGE) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.64 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted ($0.94) earnings per share. American Capital Mortgage Investment Crp’s revenue was down 27.4% compared to the same quarter last year. On average, analysts predict that American Capital Mortgage Investment Crp will post $2.65 EPS for the current fiscal year.

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

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