Headlines about Invesco Mortgage Capital (NYSE:IVR) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Invesco Mortgage Capital earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.7832674945026 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
A number of research firms recently issued reports on IVR. BidaskClub raised Invesco Mortgage Capital from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $18.25 target price on shares of Invesco Mortgage Capital in a research note on Thursday, August 10th. Finally, Zacks Investment Research lowered Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Invesco Mortgage Capital currently has a consensus rating of “Buy” and a consensus price target of $17.81.
Shares of Invesco Mortgage Capital (NYSE:IVR) opened at 16.76 on Monday. Invesco Mortgage Capital has a 1-year low of $14.15 and a 1-year high of $17.34. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 4.00 and a beta of 0.80. The company has a 50-day moving average price of $16.87 and a 200-day moving average price of $16.21.
Invesco Mortgage Capital (NYSE:IVR) last posted its quarterly earnings results on Monday, August 7th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The firm had revenue of $82.94 million for the quarter, compared to analyst estimates of $84.50 million. Invesco Mortgage Capital had a net margin of 71.92% and a return on equity of 8.97%. During the same quarter in the previous year, the business posted $0.42 earnings per share. On average, equities analysts expect that Invesco Mortgage Capital will post $1.61 earnings per share for the current fiscal year.
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About Invesco Mortgage Capital
Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.
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