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

Invesco Mortgage Capital (NYSE:IVRGet Rating) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 4th. Analysts expect Invesco Mortgage Capital to post earnings of $0.09 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Invesco Mortgage Capital (NYSE:IVRGet Rating) last announced its quarterly earnings data on Wednesday, February 16th. The real estate investment trust reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. Invesco Mortgage Capital had a positive return on equity of 16.15% and a negative net margin of 53.19%. During the same quarter last year, the company earned $0.10 earnings per share. On average, analysts expect Invesco Mortgage Capital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Invesco Mortgage Capital stock opened at $1.72 on Wednesday. Invesco Mortgage Capital has a 12 month low of $1.72 and a 12 month high of $4.60. The business has a fifty day simple moving average of $2.13 and a two-hundred day simple moving average of $2.66. The firm has a market capitalization of $567.39 million, a P/E ratio of -3.51 and a beta of 1.27.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 27th. Stockholders of record on Friday, April 8th will be issued a dividend of $0.09 per share. The ex-dividend date is Thursday, April 7th. This represents a $0.36 annualized dividend and a dividend yield of 20.93%. Invesco Mortgage Capital’s payout ratio is presently -73.47%.

IVR has been the subject of several analyst reports. Credit Suisse Group reduced their price target on Invesco Mortgage Capital from $3.00 to $2.30 and set an “underperform” rating for the company in a report on Thursday, March 10th. StockNews.com initiated coverage on Invesco Mortgage Capital in a report on Thursday, March 31st. They set a “sell” rating for the company. Finally, Zacks Investment Research downgraded Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a report on Monday, February 28th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank increased its holdings in Invesco Mortgage Capital by 2.3% in the 4th quarter. Comerica Bank now owns 267,783 shares of the real estate investment trust’s stock worth $699,000 after buying an additional 5,936 shares in the last quarter. Deutsche Bank AG increased its holdings in Invesco Mortgage Capital by 11.4% in the 4th quarter. Deutsche Bank AG now owns 211,895 shares of the real estate investment trust’s stock worth $590,000 after buying an additional 21,647 shares in the last quarter. Amalgamated Bank increased its holdings in Invesco Mortgage Capital by 8.0% in the 4th quarter. Amalgamated Bank now owns 144,999 shares of the real estate investment trust’s stock worth $403,000 after buying an additional 10,746 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Invesco Mortgage Capital in the 4th quarter worth about $386,000. Finally, LPL Financial LLC increased its holdings in Invesco Mortgage Capital by 24.6% in the 4th quarter. LPL Financial LLC now owns 81,422 shares of the real estate investment trust’s stock worth $226,000 after buying an additional 16,093 shares in the last quarter. Institutional investors own 54.54% of the company’s stock.

Invesco Mortgage Capital Company Profile (Get Rating)

Invesco Mortgage Capital, Inc is a holding company, which engages in investing, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The firm primarily invests in the following: residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), non-agency RMBS, non-agency CMBS, credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises, residential and commercial mortgage loans, and other real estate-related financing arrangements.

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Earnings History for Invesco Mortgage Capital (NYSE:IVR)

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