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NYSE:IVR

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

$9.36
-0.04 (-0.43%)
(As of 05/20/2024 ET)
Today's Range
$9.36
$9.46
50-Day Range
$8.09
$9.68
52-Week Range
$6.34
$12.37
Volume
679,113 shs
Average Volume
862,827 shs
Market Capitalization
$457.29 million
P/E Ratio
N/A
Dividend Yield
17.08%
Price Target
$9.25

Invesco Mortgage Capital MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
1.2% Downside
$9.25 Price Target
Short Interest
Bearish
9.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.90mentions of Invesco Mortgage Capital in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.24%
From $4.23 to $4.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.49 out of 5 stars

Finance Sector

823rd out of 852 stocks

Real Estate Investment Trusts Industry

172nd out of 177 stocks

IVR stock logo

About Invesco Mortgage Capital Stock (NYSE:IVR)

 

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.

IVR Stock Price History

IVR Stock News Headlines

IVR Mar 2024 10.000 put
IVR Apr 2024 20.000 put
IVR Mar 2024 9.500 put
3 Top-Performing Dividend Stocks to Acquire in Q1
Invesco Mortgage Capital Inc
IVR Feb 2024 3.000 put
IVR Feb 2024 10.000 put
IVR Feb 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 4/26 Dividend
4/05/2024
Dividend Payable
4/26/2024
Today
5/21/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
46131B10
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.25
High Stock Price Target
$10.50
Low Stock Price Target
$8.00
Potential Upside/Downside
-1.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$-15,860,000.00
Pretax Margin
-2.96%

Debt

Sales & Book Value

Annual Sales
$277.93 million
Cash Flow
$4.80 per share
Book Value
$10.20 per share

Miscellaneous

Free Float
48,714,000
Market Cap
$457.29 million
Optionable
Optionable
Beta
1.87
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IVR Stock Analysis - Frequently Asked Questions

Should I buy or sell Invesco Mortgage Capital stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Invesco Mortgage Capital in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" IVR shares.
View IVR analyst ratings
or view top-rated stocks.

What is Invesco Mortgage Capital's stock price target for 2024?

3 equities research analysts have issued 1 year target prices for Invesco Mortgage Capital's shares. Their IVR share price targets range from $8.00 to $10.50. On average, they expect the company's stock price to reach $9.25 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
View analysts price targets for IVR
or view top-rated stocks among Wall Street analysts.

How have IVR shares performed in 2024?

Invesco Mortgage Capital's stock was trading at $8.86 at the beginning of the year. Since then, IVR stock has increased by 5.7% and is now trading at $9.3650.
View the best growth stocks for 2024 here
.

Are investors shorting Invesco Mortgage Capital?

Invesco Mortgage Capital saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,480,000 shares, an increase of 12.6% from the April 15th total of 3,980,000 shares. Based on an average daily volume of 944,200 shares, the short-interest ratio is presently 4.7 days. Currently, 9.3% of the shares of the stock are sold short.
View Invesco Mortgage Capital's Short Interest
.

When is Invesco Mortgage Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our IVR earnings forecast
.

How were Invesco Mortgage Capital's earnings last quarter?

Invesco Mortgage Capital Inc. (NYSE:IVR) posted its earnings results on Wednesday, May, 4th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.30. Invesco Mortgage Capital had a positive trailing twelve-month return on equity of 62.02% and a negative net margin of 2.96%. During the same quarter last year, the company posted $1.10 earnings per share.

How often does Invesco Mortgage Capital pay dividends? What is the dividend yield for Invesco Mortgage Capital?

Invesco Mortgage Capital announced a quarterly dividend on Tuesday, March 26th. Stockholders of record on Monday, April 8th will be given a dividend of $0.40 per share on Friday, April 26th. This represents a $1.60 annualized dividend and a yield of 17.08%. The ex-dividend date of this dividend is Friday, April 5th.
Read our dividend analysis for IVR
.

Is Invesco Mortgage Capital a good dividend stock?

Invesco Mortgage Capital (NYSE:IVR) pays an annual dividend of $1.60 per share and currently has a dividend yield of 17.00%. IVR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for IVR.

What ETFs hold Invesco Mortgage Capital's stock?

ETFs with the largest weight of Invesco Mortgage Capital (NYSE:IVR) stock in their portfolio include Hoya Capital High Dividend Yield ETF (RIET) and iShares Mortgage Real Estate ETF (REM).Global X SuperDividend REIT ETF (SRET).

When did Invesco Mortgage Capital's stock split?

Invesco Mortgage Capital shares 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 market closes 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.

What other stocks do shareholders of Invesco Mortgage Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Mortgage Capital investors own include Energy Transfer (ET), AT&T (T), Annaly Capital Management (NLY), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), Ford Motor (F), Chimera Investment (CIM), Two Harbors Investment (TWO), AGNC Investment (AGNC) and Prospect Capital (PSEC).

Who are Invesco Mortgage Capital's major shareholders?

Invesco Mortgage Capital's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.12%), Jupiter Asset Management Ltd. (1.10%), PL Capital Advisors LLC (0.41%), LSV Asset Management (0.23%), GSA Capital Partners LLP (0.21%) and Swiss National Bank (0.20%). Insiders that own company stock include Beth Zayicek, David B Lyle, James R Lientz Jr, John Anzalone, Kevin M Collins and Richard Lee Jr Phegley.
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.
Compare Top Brokerages Here.

This page (NYSE:IVR) was last updated on 5/21/2024 by MarketBeat.com Staff

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