Financial Performance - Net loss per common share was $0.09 compared to net income of $0.63 in Q3 2024, while earnings available for distribution per common share declined to $0.53 from $0.68[7][9] - Economic return for Q4 2024 was (0.5)%, a significant drop from 5.4% in Q3 2024[6][7] - The company reported a net loss attributable to common stockholders of $5,472,000 for the three months ended December 31, 2024, compared to a net income of $22,280,000 in the same period of 2023[28] - The company reported a comprehensive income of $3,318,000 for the three months ended December 31, 2024, compared to $27,014,000 in the same period of 2023[31] - Earnings available for distribution for the three months ended December 31, 2024, was $32,253,000, a decrease from $45,841,000 in the same period of 2023, representing a decline of approximately 29.7%[42] - The basic income (loss) per common share for the three months ended December 31, 2024, was $(0.09), compared to $0.46 for the same period in 2023[42] Interest Income and Expenses - Total interest income rose to $76.1 million, while total interest expense decreased to $62.4 million, resulting in net interest income of $13.7 million[9] - Interest income for the three months ended December 31, 2024, was $76,110,000, an increase from $62,082,000 in the same period of 2023[28] - Net interest income for the year ended December 31, 2024, was $36,827,000, down from $49,700,000 in 2023[28] - Total interest expense for the three months ended December 31, 2024, was $62,431,000, compared to $54,680,000 for the same period in 2023, reflecting an increase of approximately 14.5%[46] - The effective net interest income for the three months ended December 31, 2024, was $46,000,000, down from $56,383,000 in the same period of 2023, indicating a decrease of about 18.4%[48] - The average cost of funds decreased to 5.13% from 5.30% in Q3 2024, while the average net interest rate margin improved to 0.47%[9] Asset and Equity Management - The total assets as of December 31, 2024, were $5,688,034,000, an increase from $5,284,209,000 as of December 31, 2023[33] - The company reported a decrease in total stockholders' equity from $857,003 thousand as of September 30, 2024, to $730,729 thousand as of December 31, 2024[57] - Book value per common share decreased by 4.8% to $8.92, with an estimated range of $8.90 to $9.26 as of February 14, 2025[3][7] Debt Management - The debt-to-equity ratio increased to 6.7x at the end of Q4 2024, up from 6.1x at the end of Q3 2024[3][9] - The company's debt-to-equity ratio as of December 31, 2024, was 6.7, compared to 6.1 as of September 30, 2024[57] - The economic debt-to-equity ratio as of December 31, 2024, was also 6.7, reflecting the inclusion of TBAs at implied cost basis of $606,000 thousand[58] Investment Portfolio - Approximately 85% of the $5.4 billion investment portfolio was allocated to Agency RMBS, with 15% in Agency CMBS[3] - The portfolio composition as of December 31, 2024, included 83.4% in Agency RMBS with an average yield of 5.50%[12] - The company expects a gradual increase in Agency CMBS new issuance to meet robust investor demand due to attractive risk-adjusted return profiles[4] Stockholder Actions - The company declared a common stock dividend of $0.40 per share, payable on January 24, 2025[18] - During the fourth quarter, the company sold 993,837 shares of common stock for net proceeds of $8.3 million[19] - The company redeemed all outstanding shares of Series B Preferred Stock for a cash redemption price of $25.00 per share on December 27, 2024[20] - The company repurchased and retired 70,864 shares of Series C Preferred Stock for a total cost of $1.7 million during the three months ended December 31, 2024[21] Derivative Instruments - The Company reported a realized loss on derivative instruments of $157,864,000 for the three months ended December 31, 2024, compared to a realized loss of $199,137,000 for the same period in 2023[43]

Group 1 - Invesco Mortgage Capital (IVR) closed at $8.09, with no change from the previous day, underperforming compared to the S&P 500's gain of 0.53% [1] - The stock has decreased by 2.76% over the past month, while the Finance sector gained 3.86% and the S&P 500 increased by 2.69% [1] Group 2 - Invesco Mortgage Capital is expected to report earnings of $0.66 per share, reflecting a year-over-year decline of 30.53%, with projected net sales of $14.81 million, an increase of 78.43% from the previous year [2] - Recent changes to analyst estimates for Invesco Mortgage Capital are important as they indicate short-term business trends and analyst sentiment [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have returned an average annual gain of +25% since 1988, with Invesco Mortgage Capital currently holding a Zacks Rank of 3 (Hold) [5] - There has been no change in the Zacks Consensus EPS estimate for Invesco Mortgage Capital over the past month [5] Group 4 - Invesco Mortgage Capital is trading at a Forward P/E ratio of 3.25, significantly lower than the industry average of 7.87, indicating a discount compared to its peers [6] - The REIT and Equity Trust industry, part of the Finance sector, has a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [6] Group 5 - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks within the industry, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Company Performance - Invesco Mortgage Capital (IVR) closed at $8.06, down 0.37% from the previous trading session, underperforming the S&P 500 which gained 0.16% [1] - The company's shares have decreased by 5.73% over the last month, compared to a 4.27% loss in the Finance sector and a 2.7% loss in the S&P 500 [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated, with projected earnings per share (EPS) of $0.66, indicating a 30.53% decrease from the same quarter last year [2] - Quarterly revenue is estimated at $14.81 million, reflecting a significant increase of 78.43% from the year-ago period [2] Analyst Estimates - Recent modifications to analyst estimates for Invesco Mortgage Capital are crucial as they indicate changing near-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, is utilized to assess stock performance [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 is trading at a Forward P/E ratio of 3.24, which is a discount compared to the industry average Forward P/E of 7.8 [6] Industry Context - The REIT and Equity Trust industry, part of the Finance sector, has a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [6] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

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].

Group 1 - The article discusses the preferred stock and baby bond market activity, providing both bottom-up insights on individual news and events, as well as top-down analysis of the broader market [1] - It highlights the importance of yield and risk management considerations in the investment portfolios offered by Systematic Income [1][2] - The article encourages the use of Interactive Investor Tools to navigate various markets including BDC, CEF, OEF, preferred, and baby bonds [1] Group 2 - The cumulative performance data from 2017 to 2023 shows significant fluctuations, with a peak of 1212% in 2023 and a notable decline of -19% in 2022 [3] - The data indicates a consistent growth trend in the preferred stock market over the years, with varying annual returns [3]

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) 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) 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 ...

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 ...

Invesco Mortgage Capital (IVR) closed at $8.31 in the latest trading session, marking a -1.66% move from the prior day. This move lagged the S&P 500's daily gain of 0.27%. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.26%.Shares of the real estate investment trust have depreciated by 9.33% over the course of the past month, underperforming the Finance sector's loss of 5.28% and the S&P 500's gain of 2%.Investors will be eagerly watching for the perf ...