News headlines about Invesco Mortgage Capital (NYSE:IVR) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Invesco Mortgage Capital earned a news impact score of 0.14 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.221679349517 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
IVR has been the subject of a number of recent research reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $18.25 target price on shares of Invesco Mortgage Capital in a report on Thursday, August 10th. BidaskClub raised Invesco Mortgage Capital from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $18.13.
Shares of Invesco Mortgage Capital (NYSE IVR) opened at $18.11 on Wednesday. The firm has a market capitalization of $1,990.12, a PE ratio of 11.07 and a beta of 0.86. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.01 and a quick ratio of 0.01. Invesco Mortgage Capital has a one year low of $14.15 and a one year high of $18.23.
In related news, EVP David B. Lyle purchased 2,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $16.97 per share, with a total value of $33,940.00. Following the completion of the purchase, the executive vice president now owns 17,268 shares in the company, valued at approximately $293,037.96. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.25% of the company’s stock.
About Invesco Mortgage Capital
Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.
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