Invesco Mortgage Capital traded at $4.99 this Thursday November 12th, decreasing $0.17 or 3.29 percent since the previous trading session. Looking back, over the last four weeks, Invesco Mortgage Capital lost 10.89 percent. Over the last 12 months, its price fell by 34.94 percent. Looking ahead, we forecast Invesco Mortgage Capital to be priced at 5.34 by the end of this quarter and at 5.01 in one year, according to Trading Economics global macro models projections and analysts expectations.
Invesco Mortgage Capital Inc. is primarily focused on investing in, financing and managing mortgage-backed securities (MBS) and other mortgage-related assets. The Company invests in residential mortgage-backed securities (RMBS), which are guaranteed by a United States government agency, such as the Government National Mortgage Association (Ginnie Mae), a federally chartered corporation, such as the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac), collectively known as Agency RMBS. The Company also invests in commercial mortgage-backed securities (CMBS) and RMBS, which are not guaranteed by a United States government agency or a federally chartered corporation (non-Agency CMBS), as well as commercial mortgage loans and other real estate-related financing agreements. The Company conducts its business through IAS Operating Partnership L.P.