Invesco Mortgage Capital (IVR) Set to Announce Quarterly Earnings on Tuesday

Invesco Mortgage Capital (NYSE:IVR) will announce its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.79 per share for the quarter.

Invesco Mortgage Capital (NYSE:IVR) last released its earnings results on Thursday, August 8th. The real estate investment trust reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $68.03 million during the quarter, compared to the consensus estimate of $9.27 million. Invesco Mortgage Capital had a negative net margin of 9.40% and a positive return on equity of 59.85%. During the same quarter in the prior 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 Performance

NYSE:IVR opened at $8.31 on Thursday. The company has a market capitalization of $405.74 million, a PE ratio of -11.86 and a beta of 1.90. The company has a 50 day simple moving average of $8.77 and a two-hundred day simple moving average of $8.95. Invesco Mortgage Capital has a fifty-two week low of $6.53 and a fifty-two week high of $9.97.

Invesco Mortgage Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 7th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 19.25%. The ex-dividend date was Monday, October 7th. Invesco Mortgage Capital’s dividend payout ratio is presently -228.57%.

Analyst Ratings Changes

A number of analysts have weighed in 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 shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th.

About Invesco Mortgage Capital

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.