Media headlines about Invesco Mortgage Capital (NYSE:IVR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Invesco Mortgage Capital earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 47.1058891639509 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Invesco Mortgage Capital (NYSE IVR) traded down $0.26 during midday trading on Tuesday, hitting $17.49. 1,033,111 shares of the company traded hands, compared to its average volume of 1,249,781. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.01 and a quick ratio of 0.01. Invesco Mortgage Capital has a 12-month low of $14.15 and a 12-month high of $18.86. The firm has a market capitalization of $1,990.00, a PE ratio of 5.50 and a beta of 0.86.
Invesco Mortgage Capital (NYSE:IVR) last announced its quarterly earnings data on Monday, November 6th. The real estate investment trust reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.04. Invesco Mortgage Capital had a net margin of 66.86% and a return on equity of 9.06%. The firm had revenue of $68.20 million during the quarter, compared to analysts’ expectations of $68.85 million. During the same quarter last year, the business earned $0.41 earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Tuesday, December 26th will be paid a $0.42 dividend. This is a boost from Invesco Mortgage Capital’s previous quarterly dividend of $0.41. The ex-dividend date is Friday, December 22nd. This represents a $1.68 annualized dividend and a dividend yield of 9.61%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is 52.83%.
Separately, Keefe, Bruyette & Woods restated a “buy” rating and issued a $18.25 target price on shares of Invesco Mortgage Capital in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Invesco Mortgage Capital presently has a consensus rating of “Buy” and a consensus target price of $18.13.
In related news, EVP David B. Lyle acquired 2,000 shares of Invesco Mortgage Capital stock in a transaction that occurred on Thursday, November 9th. The stock was purchased at an average price of $16.97 per share, for a total transaction of $33,940.00. Following the completion of the purchase, the executive vice president now directly owns 17,268 shares of the company’s stock, valued at $293,037.96. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 0.25% of the stock is owned by company insiders.
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Invesco Mortgage Capital Company Profile
Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.
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