The American Capital Mortgage Investment Corp. (MTGE) Receives Average Rating of “Hold” from Analysts

The American Capital Mortgage Investment Corp. (MTGE) Receives Average Rating of “Hold” from Analysts

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) has been given a consensus rating of “Hold” by the six brokerages that are covering the stock. Five research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $17.10.

Separately, Zacks Investment Research cut American Capital Mortgage Investment Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, November 16th.

Shares of American Capital Mortgage Investment Corp. (NASDAQ:MTGE) opened at 16.35 on Thursday. The firm has a 50 day moving average price of $16.36 and a 200 day moving average price of $16.73. The stock has a market capitalization of $748.78 million, a PE ratio of 9.85 and a beta of 0.44. American Capital Mortgage Investment Corp. has a one year low of $12.08 and a one year high of $17.77.

American Capital Mortgage Investment Corp. (NASDAQ:MTGE) last posted its quarterly earnings results on Wednesday, November 2nd. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. American Capital Mortgage Investment Corp. had a return on equity of 9.42% and a net margin of 71.82%. During the same period in the previous year, the firm earned $0.46 earnings per share. Analysts predict that American Capital Mortgage Investment Corp. will post $1.83 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 27th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, December 28th. This represents a $1.60 annualized dividend and a yield of 9.79%. American Capital Mortgage Investment Corp.’s dividend payout ratio (DPR) is 93.02%.

A number of large investors have recently bought and sold shares of the company. Creative Planning boosted its stake in shares of American Capital Mortgage Investment Corp. by 2.7% in the second quarter. Creative Planning now owns 6,648 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 172 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of American Capital Mortgage Investment Corp. by 0.5% in the third quarter. Rhumbline Advisers now owns 58,840 shares of the real estate investment trust’s stock worth $1,011,000 after buying an additional 310 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of American Capital Mortgage Investment Corp. by 3.0% in the second quarter. PNC Financial Services Group Inc. now owns 18,676 shares of the real estate investment trust’s stock worth $295,000 after buying an additional 536 shares during the last quarter. Camelot Portfolios LLC boosted its stake in shares of American Capital Mortgage Investment Corp. by 1.1% in the third quarter. Camelot Portfolios LLC now owns 56,375 shares of the real estate investment trust’s stock worth $969,000 after buying an additional 588 shares during the last quarter. Finally, BlackRock Advisors LLC boosted its stake in shares of American Capital Mortgage Investment Corp. by 2.7% in the second quarter. BlackRock Advisors LLC now owns 23,371 shares of the real estate investment trust’s stock worth $369,000 after buying an additional 616 shares during the last quarter. 64.62% of the stock is owned by institutional investors.

American Capital Mortgage Investment Corp. Company Profile

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a hybrid mortgage real estate investment trust. The Company invests in, finances and manages a portfolio of real estate-related investments, which the Company defines to include agency residential mortgage-backed securities, non-agency mortgage investments, other mortgage-related investments and other real estate investments.

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