Press coverage about Invesco Mortgage Capital (NYSE:IVR) has trended somewhat positive on Saturday, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Invesco Mortgage Capital earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.5490869128704 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
Shares of Invesco Mortgage Capital opened at $16.09 on Friday, MarketBeat.com reports. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.84. Invesco Mortgage Capital has a 1-year low of $15.15 and a 1-year high of $18.86. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 9.14 and a beta of 0.61.
Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. Invesco Mortgage Capital had a net margin of 51.09% and a return on equity of 10.18%. The business had revenue of $85.10 million for the quarter, compared to the consensus estimate of $64.10 million. During the same quarter in the previous year, the firm earned $0.40 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis.
The company also recently declared a quarterly dividend, which was paid on Thursday, April 26th. Shareholders of record on Tuesday, March 27th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 10.44%. The ex-dividend date was Monday, March 26th.
A number of equities analysts recently issued reports on the stock. Barclays reissued a “hold” rating and issued a $16.00 price objective on shares of Invesco Mortgage Capital in a report on Monday, May 7th. ValuEngine downgraded shares of Invesco Mortgage Capital from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $17.42.
In other news, Director Dennis P. Lockhart purchased 61,750 shares of the stock in a transaction on Tuesday, February 27th. The shares were acquired at an average price of $16.00 per share, with a total value of $988,000.00. Following the completion of the acquisition, the director now directly owns 33,427 shares of the company’s stock, valued at $534,832. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Richard Lee Jr. Phegley purchased 1,750 shares of the stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of $15.49 per share, for a total transaction of $27,107.50. The disclosure for this purchase can be found here. 0.26% of the stock is owned by insiders.
Invesco Mortgage Capital Company Profile
Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans. It invests in residential mortgage-backed securities (RMBS) that are guaranteed by the U.S. government agency or a federally chartered corporation; RMBS that are not issued or guaranteed by the U.S.
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