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Invesco Mortgage Capital (IVR) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-01-04 00:12
Core Viewpoint - Invesco Mortgage Capital is experiencing a mixed performance in the market, with a notable decline in its stock price over the past month, while upcoming earnings are anticipated to show a significant revenue increase despite a decrease in EPS compared to the previous year [1][2]. Group 1: Stock Performance - Invesco Mortgage Capital's stock closed at $8.26, reflecting a +1.23% change from the previous day, underperforming the S&P 500's gain of 1.26% [1]. - Over the past month, shares of Invesco Mortgage Capital have decreased by 2.51%, which is better than the Finance sector's decline of 5.29% and the S&P 500's drop of 2.82% [1]. Group 2: Earnings Forecast - The company is expected to report an EPS of $0.66, indicating a 30.53% decrease from the same quarter last year [2]. - Revenue is forecasted to reach $14.81 million, representing a significant increase of 78.43% compared to the year-ago quarter [2]. Group 3: Analyst Estimates - Recent changes in analyst estimates for Invesco Mortgage Capital are crucial for investors, as positive revisions can signal a favorable business outlook [3]. - The Zacks Rank system, which incorporates these estimate changes, provides actionable insights for investors [4]. Group 4: Zacks Rank and Valuation - Invesco Mortgage Capital currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [5]. - The company has a Forward P/E ratio of 3.28, which is significantly lower than the industry average of 7.93, indicating a valuation discount [6]. Group 5: Industry Context - The REIT and Equity Trust industry, part of the Finance sector, has a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [6]. - The Zacks Industry Rank suggests that higher-rated industries tend to outperform lower-rated ones by a factor of 2 to 1 [7].
Preferreds Weekly Review: Mortgage REITs See Some Redemptions
Seeking Alpha· 2024-11-17 10:55
Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top-down, providing an overview of the broaderCheck out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations. Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred and baby bond markets.Read our Investor Gui ...
Invesco Mortgage Capital (IVR) Loses -5.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2024-11-07 15:35
A downtrend has been apparent in Invesco Mortgage Capital (IVR) lately with too much selling pressure. The stock has declined 5.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicato ...
Invesco Mortgage Capital (IVR) - 2024 Q3 - Earnings Call Transcript
2024-11-06 16:53
Invesco Mortgage Capital Inc. (NYSE:IVR) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Greg Seals - Investor Relations John Anzalone - Chief Executive Officer Kevin Collins - President Mark Gregson - Interim Chief Financial Officer David Lyle - Chief Operating Officer Brian Norris - Chief Investment Officer Conference Call Participants Jason Weaver - JonesTrading Trevor Cranston - JMP Securities Jason Stewart - Janney Montgomery Scott Eric Hagen - BTIG Doug Harter - UBS S ...
Invesco Mortgage Capital (IVR) - 2024 Q3 - Earnings Call Presentation
2024-11-06 14:38
| --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------------------------------------------|--------------|---------------------------------|------------------------------------|-------|---------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | Third Quarter 2024 Earnings Call November 6, 2024 Invesco Mortgage Capital Inc. | | | | | | | | | | | | | | | | | | | | | | | | John Anzalone Chief Executive Officer Kevin Collins President ...
Invesco Mortgage Capital (IVR) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2024-11-05 23:40
Invesco Mortgage Capital (IVR) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.92%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.75 per share when it actually produced earnings of $0.86, delivering a surprise of 14.67%.Over the la ...
Invesco Mortgage Capital (IVR) - 2024 Q3 - Quarterly Report
2024-11-05 22:17
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________ FORM 10-Q _______________________________________________ (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34385 Invesc ...
Invesco Mortgage Capital (IVR) - 2024 Q3 - Quarterly Results
2024-11-05 21:41
Exhibit 99.1 | --- | --- | |-------|-------------------------------------------------| | | Press Release For immediate release | | | | | | Greg Seals, Investor Relations 404-439-3323 | Invesco Mortgage Capital Inc. Reports Third Quarter 2024 Financial Results Atlanta - November 5, 2024 -- Invesco Mortgage Capital Inc. (NYSE: IVR) (the "Company") today announced financial results for the quarter ended September 30, 2024. • Net income per common share of $0.63 compared to net loss of $0.38 in Q2 2024 • Earnin ...
INVESCO MORTGAGE CAPITAL INC (IVR) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-10-31 14:05
Invesco Mortgage Capital (IVR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this real estate investment trust have returned -9.3% over the past month versus the Zacks S&P 500 composite's +1% change. The Zacks REIT and Equity Trust industry, to which Invesco Mortgage Capital belongs, has lost 3.4% over this period. Now the key question is: Where could the stock be headed in ...
Invesco Mortgage Capital (IVR) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2024-10-30 14:56
Shares of Invesco Mortgage Capital (IVR) have been struggling lately and have lost 10.2% over the past four weeks. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts abo ...