MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a real estate investment trust. The Company invests in, finances and manages a leveraged portfolio of real estate-related investments, which include agency residential mortgage-backed securities (RMBS), non-agency securities, other mortgage-related investments and other real estate investments. Agency RMBS includes residential mortgage pass-through certificates and collateralized mortgage obligations (CMOs) structured from residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a government-sponsored enterprise (GSE), or by a United States Government agency, such as Government National Mortgage Association (Ginnie Mae). Non-agency securities include securities backed by residential mortgages that are not guaranteed by a GSE or the United States Government agency, and credit risk transfer securities (CRT). The Company's manager is MTGE Management, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Mortgage REITs
- Sub-Industry: Mortgage REITs
- Symbol: NASDAQ:MTGE
- CUSIP: 02504A10
- Web: www.mtge.com
- Market Cap: $849.55 million
- Outstanding Shares: 45,798,000
- 50 Day Moving Avg: $18.94
- 200 Day Moving Avg: $17.44
- 52 Week Range: $15.40 - $19.65
Sales & Book Value:
- Trailing P/E Ratio: 8.60
- Foreward P/E Ratio: 9.74
- P/E Growth: 1.94
- Annual Revenue: $167.19 million
- Price / Sales: 5.10
- Book Value: $19.58 per share
- Price / Book: 0.95
- Annual Dividend: $1.80
- Dividend Yield: 9.7%
- Net Margins: 99.51%
- Return on Equity: 9.86%
- Return on Assets: 1.74%
- Debt-to-Equity Ratio: 3.67%
- Current Ratio: 6.42%
- Quick Ratio: 6.42%
- Average Volume: 406,222 shs.
- Beta: 0.49
- Short Ratio: 2.43
Frequently Asked Questions for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
What is American Capital Mortgage Investment Corp.'s stock symbol?
American Capital Mortgage Investment Corp. trades on the NASDAQ under the ticker symbol "MTGE."
How often does American Capital Mortgage Investment Corp. pay dividends? What is the dividend yield for American Capital Mortgage Investment Corp.?
American Capital Mortgage Investment Corp. declared a quarterly dividend on Thursday, June 15th. Stockholders of record on Friday, June 30th will be given a dividend of $0.45 per share on Thursday, July 27th. This represents a $1.80 annualized dividend and a dividend yield of 9.68%. The ex-dividend date of this dividend is Wednesday, June 28th. View American Capital Mortgage Investment Corp.'s Dividend History.
How were American Capital Mortgage Investment Corp.'s earnings last quarter?
American Capital Mortgage Investment Corp. (NASDAQ:MTGE) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.03. The firm earned $23.59 million during the quarter, compared to analyst estimates of $26.47 million. American Capital Mortgage Investment Corp. had a net margin of 99.51% and a return on equity of 9.86%. American Capital Mortgage Investment Corp.'s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share. View American Capital Mortgage Investment Corp.'s Earnings History.
Where is American Capital Mortgage Investment Corp.'s stock going? Where will American Capital Mortgage Investment Corp.'s stock price be in 2017?
7 brokerages have issued 1-year price targets for American Capital Mortgage Investment Corp.'s stock. Their forecasts range from $16.00 to $20.00. On average, they anticipate American Capital Mortgage Investment Corp.'s stock price to reach $17.67 in the next twelve months. View Analyst Ratings for American Capital Mortgage Investment Corp..
What are analysts saying about American Capital Mortgage Investment Corp. stock?
Here are some recent quotes from research analysts about American Capital Mortgage Investment Corp. stock:
- 1. According to Zacks Investment Research, "MTGE Investment Corp. is a hybrid mortgage real estate investment trust. It invests in agency mortgage-backed securities, non-agency mortgage investment and other real estate-related assets, including skilled nursing and senior living facilities operated by third parties. MTGE Investment Corp., formerly known as American Capital Mortgage Investment Corp., is based in Bethesda, Maryland. " (5/6/2017)
- 2. Maxim Group analysts commented, "MTGE increased its quarterly dividend to $0.45 per share, from $0.40; we expect the new dividend to be covered by earnings." (5/5/2017)
Are investors shorting American Capital Mortgage Investment Corp.?
American Capital Mortgage Investment Corp. saw a increase in short interest in June. As of June 15th, there was short interest totalling 916,086 shares, an increase of 40.3% from the May 31st total of 653,007 shares. Based on an average daily volume of 282,029 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.0% of the shares of the stock are sold short.
Who are some of American Capital Mortgage Investment Corp.'s key competitors?
Some companies that are related to American Capital Mortgage Investment Corp. include Redwood Trust (RWT), CYS Investments (CYS), PennyMac Mortgage Investment Trust (PMT), Ladder Capital Corp (LADR), Capstead Mortgage Corporation (CMO), iStar Financial (STAR), New York Mortgage Trust (NYMT), AG Mortgage Investment Trust (MITT), Orchid Island Capital (ORC), Western Asset Mortgage Capital Corporation (WMC), Ares Commercial Real Estate Corporation (ACRE), Dynex Capital (DX), Great Ajax Corp. (AJX), Cherry Hill Mortgage Investment Corporation (CHMI), Ellington Residential Mortgage REIT (EARN), Five Oaks Investment Corp. (OAKS), Manhattan Bridge Capital (LOAN) and Apollo Residential Mortgage (AMTG).
Who are American Capital Mortgage Investment Corp.'s key executives?
American Capital Mortgage Investment Corp.'s management team includes the folowing people:
- Randy E. Dobbs, Independent Chairman of the Board
- Gary D. Kain, President, Chief Executive Officer, Chief Investment Officer, Director
- Peter J. Federico, Chief Financial Officer, Executive Vice President
- Donald W. Holley, Senior Vice President, Chief Accounting Officer
- Christopher J. Kuehl, Senior Vice President - Agency Portfolio Investments
- Aaron J. Pas, Senior Vice President - Non-Agency Portfolio Management
- Steven W. Abrahams, Director
- Julia Lynn Coronado, Director
- Robert M. Couch, Independent Director
Who owns American Capital Mortgage Investment Corp. stock?
American Capital Mortgage Investment Corp.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (0.19%), Aperio Group LLC (0.09%), Strs Ohio (0.03%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own American Capital Mortgage Investment Corp. stock include Aaron Pas, Christopher Kuehl, Donald Holley, Gary D Kain and Peter J Federico. View Institutional Ownership Trends for American Capital Mortgage Investment Corp..
Who sold American Capital Mortgage Investment Corp. stock? Who is selling American Capital Mortgage Investment Corp. stock?
American Capital Mortgage Investment Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd. and Aperio Group LLC. Company insiders that have sold American Capital Mortgage Investment Corp. stock in the last year include Donald Holley, Gary D Kain and Peter J Federico. View Insider Buying and Selling for American Capital Mortgage Investment Corp..
How do I buy American Capital Mortgage Investment Corp. stock?
Shares of American Capital Mortgage 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.
What is American Capital Mortgage Investment Corp.'s stock price today?
MarketBeat Community Rating for American Capital Mortgage Investment Corp. (NASDAQ MTGE)MarketBeat's community ratings are surveys of what our community members think about American Capital Mortgage Investment Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of American Capital Mortgage Investment Corp. stock can currently be purchased for approximately $18.60.
Consensus Ratings for American Capital Mortgage Investment Corp. (NASDAQ:MTGE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.43)|
|Consensus Price Target: ||$17.67 (5.02% downside)|
Analysts' Ratings History for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/15/2017||Maxim Group||Reiterated Rating||Buy||$20.00||Low|
|5/11/2017||Citigroup Inc.||Reiterated Rating||Neutral||Low|
|5/4/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||Low|
|4/10/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$18.00||Low|
|9/11/2016||Credit Suisse Group||Reiterated Rating||Hold||$17.50||N/A|
|8/3/2016||Deutsche Bank AG||Set Price Target||Hold||$17.00 -> $17.50||N/A|
|8/2/2016||Wunderlich||Boost Price Target||Hold||$15.00 -> $17.00||N/A|
|8/3/2015||Stifel Nicolaus||Lower Price Target||Outperform||$21.00 -> $19.00||N/A|
Earnings History for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)Earnings History by Quarter for American Capital Mortgage Investment Corp. (NASDAQ MTGE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/3/2017||Q1 2017||$0.46||$0.49||$26.47 million||$23.59 million||View||Listen|
|2/8/2017||Q416||$0.45||$0.50||$27.62 million||$29.30 million||View||Listen|
|11/2/2016||Q316||$0.43||$0.48||$28.60 million||$25.51 million||View||Listen|
|4/27/2016||Q116||$0.49||($0.48)||$35.45 million||$27.49 million||View||Listen|
|2/3/2016||Q415||$0.46||($0.13)||$43.65 million||$35.85 million||View||N/A|
|10/28/2015||Q315||$0.46||$0.48||$43.65 million||$32.23 million||View||Listen|
|7/29/2015||Q2||$0.50||($0.80)||$43.65 million||$37.78 million||View||Listen|
|4/29/2015||Q115||$0.58||$0.49||$43.65 million||$37.45 million||View||Listen|
|2/4/2015||Q414||$0.67||$0.67||$43.65 million||$35.56 million||View||Listen|
|10/29/2014||Q314||$0.69||$0.48||$42.49 million||$37.24 million||View||Listen|
|7/30/2014||Q214||$0.62||$0.72||$45.36 million||$39.80 million||View||N/A|
|4/30/2014||Q114||$0.64||$0.62||$68.16 million||$42.15 million||View||Listen|
|2/6/2014||Q413||$0.66||($0.33)||$56.91 million||$59.03 million||View||Listen|
|7/31/2013||Q213||$0.81||($0.94)||$54.45 million||$54.80 million||View||Listen|
|5/6/2013||Q113||$0.81||$0.50||$41.78 million||$43.50 million||View||Listen|
|2/11/2013||Q412||$0.87||$1.40||$36.79 million||$41.48 million||View||Listen|
Earnings Estimates for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
Current Year EPS Consensus Estimate: $1.91 EPS
Next Year EPS Consensus Estimate: $1.91 EPS
Current Dividend Information for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
|Payout Ratio:||83.33% (Trailing 12 Months of Earnings) |
94.24% (Based on This Year's Estimates)
94.24% (Based on Next Year's Estimates)
Dividend History by Quarter for American Capital Mortgage Investment Corp. (NASDAQ MTGE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
Insider Ownership Percentage: 1.08%Insider Trades by Quarter for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
Institutional Ownership Percentage: 74.26%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2017||Donald Holley||SVP||Buy||19,633||$15.96||$313,342.68|| |
|8/24/2016||Donald Holley||SVP||Sell||303||$17.26||$5,229.78|| |
|8/24/2016||Gary D. Kain||CEO||Sell||1,328||$17.22||$22,868.16|| |
|8/24/2016||Peter J. Federico||CFO||Sell||545||$17.22||$9,384.90|| |
|7/5/2016||Donald Holley||SVP||Sell||8,528||$15.61||$133,122.08|| |
|7/5/2016||Gary D. Kain||CEO||Sell||53,598||$15.61||$836,664.78|| |
|7/5/2016||Peter J. Federico||CFO||Sell||21,970||$15.61||$342,951.70|| |
|3/31/2016||Christopher Kuehl||VP||Sell||912||$14.40||$13,132.80|| |
|3/31/2016||Peter J Federico||SVP||Sell||662||$14.40||$9,532.80|| |
|3/10/2016||Christopher Kuehl||VP||Sell||2,131||$14.03||$29,897.93|| |
|3/10/2016||Peter J Federico||SVP||Sell||1,531||$13.97||$21,388.07|| |
|3/8/2016||Christopher Kuehl||VP||Sell||1,503||$14.28||$21,462.84|| |
|3/8/2016||Donald Holley||SVP||Sell||752||$14.25||$10,716.00|| |
|3/1/2016||Aaron Pas||SVP||Sell||412||$13.65||$5,623.80|| |
|2/23/2016||Peter J Federico||SVP||Sell||743||$13.34||$9,911.62|| |
|5/26/2015||Morris A Davis||Director||Sell||1,437||$17.27||$24,816.99|| |
|3/9/2015||Peter J Federico||SVP||Sell||1,337||$18.07||$24,159.59|| |
|2/10/2015||Morris A Davis||Director||Sell||2,500||$18.38||$45,950.00|| |
|12/2/2013||Larry Harvey||Director||Buy||2,000||$18.70||$37,400.00|| |
|11/12/2013||Larry Harvey||Director||Buy||2,000||$19.29||$38,580.00|| |
|11/1/2013||Peter J Federico||SVP||Buy||2,500||$19.27||$48,175.00|| |
|8/12/2013||Morris Davis||Director||Sell||1,000||$20.22||$20,220.00|| |
|8/1/2013||Gary D Kain||Insider||Buy||25,000||$19.65||$491,250.00|| |
|6/4/2013||John R Erickson||Director||Buy||3,000||$20.72||$62,160.00|| |
|2/15/2013||John R Erickson||Director||Buy||3,000||$25.95||$77,850.00|| |
|2/14/2013||Malon Wilkus||CEO||Buy||9,630||$25.97||$250,091.10|| |
|12/10/2012||Alvin N Puryear||Director||Buy||1,500||$25.55||$38,325.00|| |
|12/4/2012||Malon Wilkus||CEO||Buy||3,910||$25.60||$100,096.00|| |
|11/13/2012||Gary D Kain||Insider||Buy||25,000||$23.52||$588,000.00|| |
|11/13/2012||Samuel Allan Flax||EVP||Buy||2,500||$23.39||$58,475.00|| |
Headline Trends for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
Latest Headlines for American Capital Mortgage Investment Corp. (NASDAQ:MTGE)
American Capital Mortgage Investment Corp. (MTGE) Chart for Thursday, July, 27, 2017