Headlines about Invesco Mortgage Capital (NYSE:IVR) have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Invesco Mortgage Capital earned a news impact score of 2.00 on their scale. InfoTrie also assigned news headlines about the real estate investment trust an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have impacted Invesco Mortgage Capital’s ranking:
Separately, ValuEngine lowered Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, October 3rd.
Shares of IVR opened at $14.50 on Friday. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 7.91 and a beta of 0.64. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.01 and a current ratio of 0.01. Invesco Mortgage Capital has a 1 year low of $13.67 and a 1 year high of $18.09.
Invesco Mortgage Capital (NYSE:IVR) last issued its earnings results on Wednesday, November 7th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The firm had revenue of $70.84 million during the quarter, compared to the consensus estimate of $63.90 million. Invesco Mortgage Capital had a net margin of 33.39% and a return on equity of 10.95%. The business’s quarterly revenue was down 17.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 28th. Shareholders of record on Wednesday, December 26th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Monday, December 24th. This represents a $1.68 annualized dividend and a dividend yield of 11.59%.
In other news, insider Brian Norris bought 3,600 shares of the stock in a transaction on Friday, November 30th. The shares were purchased at an average cost of $15.59 per share, for a total transaction of $56,124.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.26% of the company’s stock.
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About Invesco Mortgage Capital
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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