Invesco Mortgage Capital (IVR) Scheduled to Post Quarterly Earnings on Wednesday

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, May 8th. Persons interested in listening to the company's earnings conference call can do so using this link.

Invesco Mortgage Capital Stock Performance

Shares of NYSE:IVR traded up $0.23 during midday trading on Wednesday, reaching $8.79. 1,478,597 shares of the company's stock traded hands, compared to its average volume of 951,793. The company has a market cap of $427.57 million, a price-to-earnings ratio of -10.98 and a beta of 1.88. Invesco Mortgage Capital has a one year low of $6.34 and a one year high of $12.37. The stock has a 50 day moving average of $8.94 and a 200 day moving average of $8.57.

Invesco Mortgage Capital Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 26th. Stockholders of record on Monday, April 8th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 18.21%. The ex-dividend date of this dividend was Friday, April 5th. Invesco Mortgage Capital's payout ratio is currently -200.00%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Invesco Mortgage Capital from a "hold" rating to a "sell" rating in a report on Monday.

About Invesco Mortgage Capital

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.