Invesco Mortgage Capital (NYSE:IVR - Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect Invesco Mortgage Capital to post earnings of $0.79 per share for the quarter.
Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last issued its earnings results on Thursday, August 8th. The real estate investment trust reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.11. The business had revenue of $68.03 million for the quarter, compared to analysts' expectations of $9.27 million. Invesco Mortgage Capital had a positive return on equity of 59.85% and a negative net margin of 9.40%. During the same period in the previous year, the firm posted $1.45 EPS. On average, analysts expect Invesco Mortgage Capital to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Invesco Mortgage Capital Stock Down 2.9 %
Shares of Invesco Mortgage Capital stock traded down $0.24 on Thursday, hitting $8.07. 1,029,117 shares of the company were exchanged, compared to its average volume of 1,079,255. Invesco Mortgage Capital has a 1-year low of $6.53 and a 1-year high of $9.97. The stock has a market capitalization of $442.40 million, a price-to-earnings ratio of -7.69 and a beta of 1.90. The company has a 50-day moving average price of $8.76 and a 200 day moving average price of $8.94.
Invesco Mortgage Capital Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 7th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 19.83%. The ex-dividend date of this dividend was Monday, October 7th. Invesco Mortgage Capital's dividend payout ratio is presently -152.38%.
Wall Street Analyst Weigh In
A number of analysts have issued reports on IVR shares. JMP Securities reissued a "market perform" rating on shares of Invesco Mortgage Capital in a research report on Wednesday, August 28th. StockNews.com raised Invesco Mortgage Capital from a "sell" rating to a "hold" rating in a research report on Monday, October 7th.
Read Our Latest Analysis on IVR
About Invesco Mortgage Capital
(
Get Free Report)
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.
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