Invesco Mortgage Capital (NYSE:IVR) Issues Quarterly Earnings Results

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.21), Zacks reports. The company had revenue of $13.68 million during the quarter, compared to the consensus estimate of $50.18 million. Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%.

Invesco Mortgage Capital Price Performance

Shares of IVR stock traded down $0.06 on Friday, hitting $8.91. 1,882,545 shares of the stock traded hands, compared to its average volume of 1,087,670. Invesco Mortgage Capital has a 52 week low of $7.47 and a 52 week high of $9.97. The firm has a 50 day simple moving average of $8.31 and a two-hundred day simple moving average of $8.49. The firm has a market cap of $540.80 million, a price-to-earnings ratio of 13.70 and a beta of 1.88.

Invesco Mortgage Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Monday, December 30th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 17.97%. Invesco Mortgage Capital's dividend payout ratio is presently 246.16%.

Analyst Ratings Changes

Separately, JMP Securities restated a "market perform" rating on shares of Invesco Mortgage Capital in a research note on Thursday, January 23rd.

Invesco Mortgage Capital Company Profile

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.