Invesco Mortgage Capital (NYSE:IVR) Announces Earnings Results

Invesco Mortgage Capital (NYSE:IVR) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.21), Zacks reports. Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. The firm had revenue of $13.68 million for the quarter, compared to the consensus estimate of $50.18 million.

Invesco Mortgage Capital Stock Performance

Shares of IVR opened at $8.91 on Friday. The stock has a market capitalization of $540.80 million, a PE ratio of 13.70 and a beta of 1.88. The company’s fifty day moving average is $8.31 and its 200 day moving average is $8.49. Invesco Mortgage Capital has a fifty-two week low of $7.47 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, January 24th. Stockholders of record on Monday, December 30th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 17.97%. Invesco Mortgage Capital’s dividend payout ratio is currently 246.16%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities restated a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Thursday, January 23rd.

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.