American Capital Mortgage Investment Corp (MTGE): Today's Featured Real Estate Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

American Capital Mortgage Investment ( MTGE) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 0.7%. By the end of trading, American Capital Mortgage Investment fell $0.71 (-2.8%) to $24.48 on heavy volume. Throughout the day, 2,816,926 shares of American Capital Mortgage Investment exchanged hands as compared to its average daily volume of 1,535,500 shares. The stock ranged in price between $24.42-$24.86 after having opened the day at $24.71 as compared to the previous trading day's close of $25.19. Other companies within the Real Estate industry that declined today were: China HGS Real Estate ( HGSH), down 12.9%, Intergroup Corporation ( INTG), down 5.8%, Impac Mortgage Holdings ( IMH), down 2.4% and Thomas Properties Group ( TPGI), down 1.9%.
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American Capital Mortgage Investment Corp. operates as a real estate investment trust (REIT) in the United States. American Capital Mortgage Investment has a market cap of $1.5 billion and is part of the financial sector. The company has a P/E ratio of 2.9, below the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate American Capital Mortgage Investment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Capital Mortgage Investment as a sell. Among the areas we feel are negative, one of the most important has been the company's poor growth in earnings per share.

On the positive front, China Housing & Land Development ( CHLN), down 17.8%, Icahn ( IEP), down 7.0%, Altisource Portfolio Solutions ( ASPS), down 6.4% and Elbit Imaging ( EMITF), down 6.1% , were all gainers within the real estate industry with General Growth Properties ( GGP) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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