Company Performance - Invesco Mortgage Capital (IVR) closed at 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]
Invesco Mortgage Capital (IVR) Stock Declines While Market Improves: Some Information for Investors