Here is the latest with Invesco Mortgage Capital (IVR)
What’s up with Invesco Mortgage Capital?
Invesco Mortgage Capital (IVR) opened at $2.93, which means the stock is up 4.56% from yesterday’s closing price of 2.61. Today, the company has a high of $2.98 and a low of $2.67. The company has a market cap of $443.76 million with a 52-week high of $18.30 and a 52-week low of $1.82.
What about the future for Invesco Mortgage Capital?
The high forecast for Invesco Mortgage Capital is $19.00 while the low is $2.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Invesco Mortgage Capital has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information IVR seems to be a safe buy.
About Invesco Mortgage Capital
Invesco Mortgage Capital, Inc. is a holding company, which engages in investing, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The firm primarily invests in the following: residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), non-agency RMBS, non-agency CMBS, credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises, residential and commercial mortgage loans, and other real estate-related financing arrangements. The company was founded on June 5, 2008 and is headquartered in Atlanta, GA.