Invesco Mortgage Capital (NYSE:IVR) Announces Earnings Results

Invesco Mortgage Capital (NYSE:IVR) posted its quarterly earnings results on Thursday. The real estate investment trust reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.21), Zacks reports. Invesco Mortgage Capital had a return on equity of 36.90% and a net margin of 30.67%.

Invesco Mortgage Capital Stock Performance

Shares of NYSE:IVR traded up $0.06 on Thursday, hitting $8.96. The stock had a trading volume of 1,583,525 shares, compared to its average volume of 1,221,682. Invesco Mortgage Capital has a twelve month low of $7.47 and a twelve month high of $9.97. The firm’s 50 day moving average price is $8.29 and its 200-day moving average price is $8.49. The company has a market capitalization of $543.84 million, a price-to-earnings ratio of 7.46 and a beta of 1.88.

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 paid a $0.40 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.60 annualized dividend and a dividend yield of 17.87%. Invesco Mortgage Capital’s dividend payout ratio is presently 133.33%.

Analysts Set New Price Targets

Separately, JMP Securities restated a “market perform” rating on shares of Invesco Mortgage Capital in a research note 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.