Invesco Mortgage Capital (IVR) Stock Price, News & Analysis

Company Overview

 

Invesco Mortgage Capital Inc. is a mortgage-focused REIT externally managed by Invesco Advisors Ltd. Invesco Advisors LTD is a subsidiary of Invesco which is a leading wealth manager and investment company for individuals, high net-worth clients, institutions, public entities, corporations, and governments. The firm created Invesco Mortgage Capital, Inc to focus its decades of experience in the mortgage markets to generate a steady stream of cash for its investors.

The company was incorporated in 2008 in order to acquire, finance, and manage a portfolio of mortgage-backed securities and mortgages. Invesco believes that achieving the full potential of the mortgage market requires a blend of discipline, structure, and creativity because of long-term structural changes in the way real estate transactions and ownership are handled. The units of Invesco Mortgage Capital tend to yield high-double-digits and have paid more than $26 per unit on a split-adjusted basis since the dividend was initiated.

The objective is to provide risk-adjusted returns through dividends and capital appreciation using the combined strengths of three key Invesco groups; the in-house real estate team, the Worldwide Fixed Income team, and subsidiary WL Ross & Co. Invesco Mortgage Capital is headquartered in Atlanta, Georgia. As of Q3 2022, Invesco Mortgage Capital Inc held $4.9 billion in assets, $4.7 billion of which were listed as agency RMBS.

Invesco Mortgage Capital Inc. elected to be taxed as a REIT and so distributes at least 90% of its income to shareholders each year. The fund seeks to generate a high level of income while maintaining a stable portfolio and book value within a dynamic market. The investment strategy is opportunistic and not limited to a single type of mortgage security and so provides greater diversification than most other REITs as well.

Invesco invests in a blend of residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are and are not guaranteed by a U.S. government agency or federally chartered corporation. The fund also invests in credit risk transfer securities, residential and commercial mortgage loans, and assorted real estate-related financing. Among the opportunities, the fund is pursuing are commercial real estate loan origination, securitizing residential mortgages, and risk-sharing arrangements with federal housing authorities.

Written by Jeffrey Neal Johnson

Key Stats

• Today's Range: $7.27 to $7.39
• 50-Day Range: $6.34 to $8.83
• 52-Week Range: $5.86 to $9.97
• Volume: 1.09 million shs
• Average Volume: 1.43 million shs
• Market Capitalization: $478.45 million
• P/E Ratio: 11.28
• Dividend Yield: 18.55%
• Price Target: $10.00
• Consensus Rating: Moderate Buy

Invesco Mortgage Capital Stock Analysis - MarketRank™

Invesco Mortgage Capital scored higher than 58% of companies evaluated by MarketBeat, and ranked 657th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Invesco Mortgage Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Invesco Mortgage Capital has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Invesco Mortgage Capital is 11.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Invesco Mortgage Capital is 11.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.33.

Price to Book Value per Share Ratio

Invesco Mortgage Capital has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.71% of the float of Invesco Mortgage Capital has been sold short.

Short Interest Ratio / Days to Cover

Invesco Mortgage Capital has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Invesco Mortgage Capital has recently increased by 4.95%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Invesco Mortgage Capital is a leading dividend payer. It pays a dividend yield of 18.21%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Invesco Mortgage Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Invesco Mortgage Capital is 209.23%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.71% of the float of Invesco Mortgage Capital has been sold short.

Short Interest Ratio / Days to Cover

Invesco Mortgage Capital has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Invesco Mortgage Capital has recently increased by 4.95%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.04

News Sentiment

Invesco Mortgage Capital has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.93 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Invesco Mortgage Capital this week, compared to 2 articles on an average week.

Search Interest

Only 10 people have searched for IVR on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

MarketBeat Follows

8 people have added Invesco Mortgage Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Invesco Mortgage Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.24% of the stock of Invesco Mortgage Capital is held by insiders.

Percentage Held by Institutions

40.54% of the stock of Invesco Mortgage Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IVR Stock Analysis - Frequently Asked Questions

How have IVR shares performed this year?

Invesco Mortgage Capital's stock was trading at $8.05 on January 1st, 2025. Since then, IVR shares have decreased by 8.9% and is now trading at $7.33.
View the best growth stocks for 2025 here.

How were Invesco Mortgage Capital's earnings last quarter?

Invesco Mortgage Capital Inc. (NYSE:IVR) announced its earnings results on Thursday, February, 20th. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.74 by $0.21. The real estate investment trust had revenue of $13.68 million for the quarter, compared to analysts' expectations of $50.18 million. Invesco Mortgage Capital had a net margin of 20.90% and a trailing twelve-month return on equity of 34.61%.
Read the conference call transcript.

When did Invesco Mortgage Capital's stock split?

Shares of Invesco Mortgage Capital reverse split before market open on Monday, June 6th 2022. The 1-10 reverse split was announced on Monday, June 6th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 6th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Invesco Mortgage Capital's major shareholders?

Top institutional shareholders of Invesco Mortgage Capital include Segall Bryant & Hamill LLC (0.76%), Bank of New York Mellon Corp (0.23%), Penserra Capital Management LLC (0.21%) and Rhumbline Advisers (0.13%). Insiders that own company stock include John Anzalone, Kevin M Collins, Richard Lee Jr Phegley and James R Lientz Jr.
View institutional ownership trends.

How do I buy shares of Invesco Mortgage Capital?

Shares of IVR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Invesco Mortgage Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Invesco Mortgage Capital investors own include AT&T (T), Meta Platforms (META), Energy Transfer (ET), NVIDIA (NVDA), Advanced Micro Devices (AMD), Ford Motor (F) and Tesla (TSLA).

Company Calendar

• Last Earnings: 2/20/2025
• Record date for 4/25 Dividend: 4/07/2025
• Ex-Dividend for 4/25 Dividend: 4/07/2025
• Dividend Payable: 4/25/2025
• Today: 5/05/2025
• Next Earnings (Estimated): 5/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:IVR
• CIK: 1437071
• Web: www.invescomortgagecapital.com
• Phone: (404) 892-0896
• Fax: 404-439-4911
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +36.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.65
• Trailing P/E Ratio: 11.28
• Forward P/E Ratio: 2.94
• P/E Growth: N/A
• Net Income: $-15,860,000.00
• Net Margins: 20.90%
• Pretax Margin: 30.67%
• Return on Equity: 34.61%
• Return on Assets: 3.29%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.03
• Quick Ratio: 0.03

Sales & Book Value

• Annual Sales: $79.55 million
• Price / Sales: 6.01
• Cash Flow: $3.94 per share
• Price / Cash Flow: 1.86
• Book Value: $10.20 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 65,273,000
• Free Float: 60,584,000
• Market Cap: $478.39 million
• Optionable: Optionable
• Beta: 1.43