MTGE Investment Corp Company Profile (NASDAQ:MTGE)

About MTGE Investment Corp (MTGE)

MTGE Investment Corp logoMTGE 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. Its objective is to generate attractive risk-adjusted returns for distribution to its stockholders over the long-term through a combination of dividends and net book value appreciation. The Company invests in agency RMBS issued by Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. Its other real estate investments may include equity investments in healthcare and independent living facilities, and debt investments. The Company is externally-managed by a subsidiary of AGNC Investment Corp.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Mortgage REITs
  • Exchange: NASDAQ
  • Symbol: MTGE
  • CUSIP: 02504A10
Key Metrics:
  • Previous Close: $16.70
  • 50 Day Moving Average: $16.21
  • 200 Day Moving Average: $16.59
  • 52-Week Range: $14.13 - $17.77
  • Trailing P/E Ratio: 19.71
  • Foreward P/E Ratio: 9.63
  • P/E Growth: 2.92
  • Market Cap: $767.10M
  • Outstanding Shares: 45,797,000
  • Beta: 0.43
Profitability:
  • Net Margins: 40.37%
  • Return on Equity: 9.12%
  • Return on Assets: 1.65%
Debt:
  • Debt-to-Equity Ratio: 3.61%
  • Current Ratio: 0.74%
  • Quick Ratio: 0.74%

Analyst Ratings

Consensus Ratings for MTGE Investment Corp (NASDAQ:MTGE) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $17.10 (2.09% upside)

Analysts' Ratings History for MTGE Investment Corp (NASDAQ:MTGE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/11/2016Credit Suisse Group AGReiterated RatingHold$17.50N/AView Rating Details
8/17/2016Citigroup IncBoost Price TargetNeutral$13.00 -> $16.00N/AView Rating Details
8/3/2016Deutsche Bank AGSet Price TargetHold$17.00 -> $17.50N/AView Rating Details
8/3/2016Keefe, Bruyette & WoodsSet Price TargetBuy$16.00 -> $17.50N/AView Rating Details
8/2/2016WunderlichBoost Price TargetHold$15.00 -> $17.00N/AView Rating Details
1/15/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
10/30/2015Maxim GroupReiterated RatingBuy$20.00N/AView Rating Details
8/3/2015Stifel NicolausLower Price TargetOutperform$21.00 -> $19.00N/AView Rating Details
5/4/2015Compass PointSet Price TargetHold$20.00N/AView Rating Details
(Data available from 3/23/2015 forward)

Earnings

Earnings History for MTGE Investment Corp (NASDAQ:MTGE)
Earnings by Quarter for MTGE Investment Corp (NASDAQ:MTGE)
Earnings History by Quarter for MTGE Investment Corp (NASDAQ:MTGE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/8/2017Q416$0.45$0.50$27.62 million$29.30 millionViewListenView Earnings Details
11/2/2016Q316$0.43$0.48$28.60 millionViewListenView Earnings Details
8/1/2016Q216$0.41$0.85$28.58 millionViewListenView Earnings Details
4/27/2016Q116$0.49($0.48)$35.45 million$27.49 millionViewListenView Earnings Details
2/3/2016Q415$0.46($0.13)$43.65 millionViewN/AView Earnings Details
10/28/2015Q315$0.46$0.48$43.65 millionViewListenView Earnings Details
7/29/2015Q2$0.50($0.80)$43.65 millionViewListenView Earnings Details
4/29/2015Q115$0.58$0.59$43.65 million$37.45 millionViewListenView Earnings Details
2/4/2015Q414$0.66$0.67$43.65 million$35.56 millionViewListenView Earnings Details
10/30/2014Q314$0.68$0.68$42.94 millionViewListenView Earnings Details
7/30/2014Q214$0.62$1.64$45.36 million$39.80 millionViewN/AView Earnings Details
4/30/2014Q114$0.64$0.62$51.50 millionViewListenView Earnings Details
2/6/2014Q413$0.66($0.33)$56.91 million$59.03 millionViewListenView Earnings Details
10/31/2013Q313$0.78$0.25$58.69 millionViewListenView Earnings Details
7/31/2013Q213$0.81($0.94)$54.45 million$54.80 millionViewListenView Earnings Details
5/6/2013Q113$0.81$0.50$41.78 million$43.50 millionViewListenView Earnings Details
2/11/2013Q412$0.87$1.40$36.79 million$41.48 millionViewListenView Earnings Details
10/31/2012$0.85$1.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MTGE Investment Corp (NASDAQ:MTGE)
Current Year EPS Consensus Estimate: $1.73 EPS
Next Year EPS Consensus Estimate: $1.74 EPS

Dividends

Current Dividend Information for MTGE Investment Corp (NASDAQ:MTGE)
Next Dividend:4/27/2017
Annual Dividend:$1.60
Dividend Yield:9.55%
Payout Ratio:186.05% (Trailing 12 Months of Earnings)
92.49% (Based on This Year's Estimates)
91.95% (Based on Next Year's Estimates)
Dividend Payments by Quarter for MTGE Investment Corp (NASDAQ:MTGE)

Dividend History by Quarter for MTGE Investment Corp (NASDAQ:MTGE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/17/2017quarterly$0.4510.75%3/29/20173/31/20174/27/2017
12/15/2016quarterly$0.4010.03%12/28/201612/30/20161/27/2017
9/16/2016Quarterly$0.409/28/20169/30/201610/27/2016
6/14/2016Quarterly$0.406/28/20166/30/20167/27/2016
3/17/2016quarterly$0.403/29/20163/31/20164/27/2016
12/18/2015quarterly$0.4012/29/201512/31/20151/27/2016
9/17/2015quarterly$0.409/28/20159/30/201510/27/2015
6/15/2015quarterly$0.5011.59%6/26/20156/30/20157/27/2015
3/19/2015quarterly$0.5011%3/27/20153/31/20154/27/2015
12/22/2014quarterly$0.6513.1%12/29/201412/31/20141/27/2015
9/18/2014quarterly$0.6512.94%9/26/20149/30/201410/27/2014
6/17/2014quarterly$0.6512.72%6/26/20146/30/20147/28/2014
3/20/2014quarterly$0.6513.05%3/27/20143/31/20144/28/2014
12/18/2013quarterly$0.6514.43%12/27/201312/31/20131/28/2014
9/19/2013quarterly$0.7013.63%9/26/20139/30/201310/28/2013
6/18/2013quarterly$0.8015.99%6/26/20136/28/20137/26/2013
3/7/2013quarterly$0.9013.79%3/18/20133/20/20134/26/2013
12/14/2012quarterly$0.9014.1%12/24/201212/27/20121/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MTGE Investment Corp (NASDAQ:MTGE)
Insider Ownership Percentage: 0.67%
Institutional Ownership Percentage: 63.81%
Insider Trades by Quarter for MTGE Investment Corp (NASDAQ:MTGE)
Institutional Ownership by Quarter for MTGE Investment Corp (NASDAQ:MTGE)
Insider Trades by Quarter for MTGE Investment Corp (NASDAQ:MTGE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Donald HolleySVPBuy19,633$15.96$313,342.68View SEC Filing  
8/24/2016Donald HolleySVPSell303$17.26$5,229.78View SEC Filing  
8/24/2016Gary D. KainCEOSell1,328$17.22$22,868.16View SEC Filing  
8/24/2016Peter J. FedericoCFOSell545$17.22$9,384.90View SEC Filing  
7/5/2016Donald HolleySVPSell8,528$15.61$133,122.08View SEC Filing  
7/5/2016Gary D. KainCEOSell53,598$15.61$836,664.78View SEC Filing  
7/5/2016Peter J. FedericoCFOSell21,970$15.61$342,951.70View SEC Filing  
3/31/2016Christopher KuehlVPSell912$14.40$13,132.80View SEC Filing  
3/31/2016Peter J FedericoSVPSell662$14.40$9,532.80View SEC Filing  
3/10/2016Christopher KuehlVPSell2,131$14.03$29,897.93View SEC Filing  
3/10/2016Peter J FedericoSVPSell1,531$13.97$21,388.07View SEC Filing  
3/8/2016Christopher KuehlVPSell1,503$14.28$21,462.84View SEC Filing  
3/8/2016Donald HolleySVPSell752$14.25$10,716.00View SEC Filing  
3/1/2016Aaron PasSVPSell412$13.65$5,623.80View SEC Filing  
2/23/2016Peter J FedericoSVPSell743$13.34$9,911.62View SEC Filing  
5/26/2015Morris A DavisDirectorSell1,437$17.27$24,816.99View SEC Filing  
3/9/2015Peter J FedericoSVPSell1,337$18.07$24,159.59View SEC Filing  
2/10/2015Morris A DavisDirectorSell2,500$18.38$45,950.00View SEC Filing  
12/2/2013Larry HarveyDirectorBuy2,000$18.70$37,400.00View SEC Filing  
11/12/2013Larry HarveyDirectorBuy2,000$19.29$38,580.00View SEC Filing  
11/1/2013Peter J FedericoSVPBuy2,500$19.27$48,175.00View SEC Filing  
8/12/2013Morris DavisDirectorSell1,000$20.22$20,220.00View SEC Filing  
8/1/2013Gary D KainInsiderBuy25,000$19.65$491,250.00View SEC Filing  
6/4/2013John R EricksonDirectorBuy3,000$20.72$62,160.00View SEC Filing  
2/15/2013John R EricksonDirectorBuy3,000$25.95$77,850.00View SEC Filing  
2/14/2013Malon WilkusCEOBuy9,630$25.97$250,091.10View SEC Filing  
12/10/2012Alvin N PuryearDirectorBuy1,500$25.55$38,325.00View SEC Filing  
12/4/2012Malon WilkusCEOBuy3,910$25.60$100,096.00View SEC Filing  
11/13/2012Gary D KainInsiderBuy25,000$23.52$588,000.00View SEC Filing  
11/13/2012Samuel Allan FlaxEVPBuy2,500$23.39$58,475.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MTGE Investment Corp (NASDAQ:MTGE)
Latest Headlines for MTGE Investment Corp (NASDAQ:MTGE)
Source:
DateHeadline
News IconZacks Investment Research Lowers MTGE Investment Corp (MTGE) to Sell (NASDAQ:MTGE)
www.americanbankingnews.com - March 23 at 7:32 AM
seekingalpha.com logoMTGE Investment: Do You Like Dividends? (NASDAQ:MTGE)
seekingalpha.com - March 20 at 10:09 AM
prnewswire.com logoMTGE Investment Corp. Declares First Quarter Dividend on Its Series A Preferred Stock - PR Newswire (press release) (NASDAQ:MTGE)
www.prnewswire.com - March 17 at 8:42 AM
finance.yahoo.com logoMTGE Investment Corp. Declares First Quarter Common Stock Dividend of $0.45 Per Share (NASDAQ:MTGE)
finance.yahoo.com - March 16 at 7:27 PM
finance.yahoo.com logoMTGE Investment Corp. Declares First Quarter Dividend on Its Series A Preferred Stock (NASDAQ:MTGE)
finance.yahoo.com - March 16 at 7:27 PM
finance.yahoo.com logo5:07 pm MTGE Investment increases quarterly dividend to $0.45/share from $0.40/share (NASDAQ:MTGE)
finance.yahoo.com - March 16 at 7:27 PM
prnewswire.com logoMTGE Investment Corp. Elects Steven Abrahams to Board of Directors - PR Newswire (press release) (NASDAQ:MTGE)
www.prnewswire.com - March 11 at 11:29 PM
News IconMTGE Investment Corp (MTGE) Upgraded at Zacks Investment Research (NASDAQ:MTGE)
www.americanbankingnews.com - March 11 at 10:54 AM
streetinsider.com logoAmerican Capital Mortgage Investment (MTGE) Names Steven Abrahams to Board of Directors (NASDAQ:MTGE)
www.streetinsider.com - March 10 at 8:00 PM
biz.yahoo.com logoMTGE INVESTMENT CORP. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:MTGE)
biz.yahoo.com - March 10 at 8:00 PM
biz.yahoo.com logoMTGE INVESTMENT CORP. Files SEC form 10-K, Annual Report (NASDAQ:MTGE)
biz.yahoo.com - February 27 at 5:59 PM
finance.yahoo.com logoEdited Transcript of MTGE earnings conference call or presentation 9-Feb-17 1:30pm GMT (NASDAQ:MTGE)
finance.yahoo.com - February 10 at 12:45 AM
seekingalpha.com logoAmerican Capital Mortgage: Now That Is Surprising (NASDAQ:MTGE)
seekingalpha.com - February 9 at 7:45 PM
biz.yahoo.com logoQ4 2016 MTGE Investment Corp Earnings Release - After Market Close (NASDAQ:MTGE)
biz.yahoo.com - February 8 at 7:33 PM
finance.yahoo.com logoMTGE Investment Corp. Announces Fourth Quarter 2016 Financial Results (NASDAQ:MTGE)
finance.yahoo.com - February 8 at 7:33 PM
biz.yahoo.com logoMTGE INVESTMENT CORP. Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:MTGE)
biz.yahoo.com - February 8 at 7:33 PM
biz.yahoo.com logoMTGE Investment Corp Earnings Call (Q4 2016) (NASDAQ:MTGE)
biz.yahoo.com - February 8 at 1:01 AM
finance.yahoo.com logoMTGE Investment Corp. Announces Date for Fourth Quarter Earnings Release and Stockholder Call (NASDAQ:MTGE)
finance.yahoo.com - January 18 at 7:14 PM
streetinsider.com logoAmerican Capital Mortgage Investment (MTGE) Declares $0.40 Quarterly Dividend; 9.3% Yield (NASDAQ:MTGE)
www.streetinsider.com - December 16 at 7:22 PM
finance.yahoo.com logoMTGE Investment Corp. Declares Fourth Quarter Dividend on Its Series A Preferred Stock (NASDAQ:MTGE)
finance.yahoo.com - December 15 at 7:30 PM
finance.yahoo.com logoMTGE Investment Corp. Declares Fourth Quarter Common Stock Dividend of $0.40 Per Share (NASDAQ:MTGE)
finance.yahoo.com - December 15 at 7:30 PM
seekingalpha.com logoHas The Time Come For American Capital Mortgage? (NASDAQ:MTGE)
seekingalpha.com - November 23 at 6:22 PM
seekingalpha.com logoHas The Time Come For American Capital Mortgage? - Seeking Alpha (NASDAQ:MTGE)
seekingalpha.com - November 22 at 10:30 AM
finance.yahoo.com logoMTGE INVESTMENT CORP. Financials (NASDAQ:MTGE)
finance.yahoo.com - November 18 at 5:54 PM
biz.yahoo.com logoMTGE INVESTMENT CORP. Files SEC form 10-Q, Quarterly Report (NASDAQ:MTGE)
biz.yahoo.com - November 8 at 5:54 PM
finance.yahoo.com logoEdited Transcript of MTGE earnings conference call or presentation 3-Nov-16 12:30pm GMT (NASDAQ:MTGE)
finance.yahoo.com - November 4 at 9:44 AM
biz.yahoo.com logoMTGE Investment Corp Earnings Call scheduled for 8:30 am ET today (NASDAQ:MTGE)
biz.yahoo.com - November 3 at 10:10 AM
bizjournals.com logoMTGE Investment Corp. Reports $1.48 Net Income Per Common Share For The Third Quarter And $20.55 Net Book Value Per Common Share (NASDAQ:MTGE)
www.bizjournals.com - November 2 at 6:33 PM
biz.yahoo.com logoQ3 2016 MTGE Investment Corp Earnings Release - After Market Close (NASDAQ:MTGE)
biz.yahoo.com - November 2 at 9:50 AM

Social

Frequently Asked Questions for MTGE Investment Corp (NASDAQ:MTGE)

What is MTGE Investment Corp's stock symbol?

MTGE Investment Corp trades on the NASDAQ under the ticker symbol "MTGE."

How often does MTGE Investment Corp pay dividends? What is the dividend yield for MTGE Investment Corp?

MTGE Investment Corp declared a quarterly dividend on Friday, March 17th. Stockholders of record on Friday, March 31st will be given a dividend of $0.45 per share on Thursday, April 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.75%. The ex-dividend date of this dividend is Wednesday, March 29th. This is a positive change from MTGE Investment Corp's previous quarterly dividend of $0.40.

How were MTGE Investment Corp's earnings last quarter?

MTGE Investment Corp (NASDAQ:MTGE) announced its quarterly earnings results on Wednesday, February, 8th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.45 by $0.05. The firm had revenue of $29.30 million for the quarter, compared to analyst estimates of $27.62 million. MTGE Investment Corp had a net margin of 40.37% and a return on equity of 9.12%. MTGE Investment Corp's revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.13) earnings per share.

When will MTGE Investment Corp make its next earnings announcement?

MTGE Investment Corp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Where is MTGE Investment Corp's stock going? Where will MTGE Investment Corp's stock price be in 2017?

5 brokers have issued 12 month target prices for MTGE Investment Corp's stock. Their predictions range from $16.00 to $17.50. On average, they expect MTGE Investment Corp's stock price to reach $17.10 in the next twelve months.

Who owns MTGE Investment Corp stock?

MTGE Investment Corp's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (2.14%), Martingale Asset Management L P (0.65%), Van ECK Associates Corp (0.36%), Systematic Financial Management LP (0.23%) and Metropolitan Life Insurance Co. NY (0.07%). Company insiders that own MTGE Investment Corp stock include Aaron Pas, Christopher Kuehl, Donald Holley, Gary D Kain, Morris A Davis and Peter J Federico.

Who sold MTGE Investment Corp stock? Who is selling MTGE Investment Corp stock?

MTGE Investment Corp's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp. Company insiders that have sold MTGE Investment Corp stock in the last year include Christopher Kuehl, Donald Holley, Gary D Kain and Peter J Federico.

Who bought MTGE Investment Corp stock? Who is buying MTGE Investment Corp stock?

MTGE Investment Corp's stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Systematic Financial Management LP and Martingale Asset Management L P.

How do I buy MTGE Investment Corp stock?

Shares of MTGE Investment Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MTGE Investment Corp stock cost?

One share of MTGE Investment Corp stock can currently be purchased for approximately $16.75.

MTGE Investment Corp (MTGE) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff