News stories about Invesco Mortgage Capital (NYSE:IVR) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Invesco Mortgage Capital earned a news impact score of 0.16 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.1954750609019 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Invesco Mortgage Capital Inc. (IVR) noted a price change of -1.01% and Contango Oil & Gas Company (MCF) closes … – Stocks Gallery (stocksgallery.com)
- Invesco Mortgage Capital Inc (IVR) Declares Dividend Increase – $0.41 Per Share (americanbankingnews.com)
- Invesco Mortgage Capital, Inc. breached its 50 day moving average in a Bullish Manner : IVR-US : September 12, 2017 (finance.yahoo.com)
- Financial Contrast: New Residential Investment Corp. (NRZ) vs. Invesco Mortgage Capital (IVR) (americanbankingnews.com)
- Cherry Hill Mortgage Investment Corporation (CHMI) and INVESCO MORTGAGE CAPITAL INC (IVR) Critical Comparison (americanbankingnews.com)
Invesco Mortgage Capital (NYSE IVR) traded up 1.38% during mid-day trading on Friday, reaching $16.89. 1,931,669 shares of the company traded hands. The company’s 50-day moving average is $16.89 and its 200-day moving average is $16.26. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 4.03 and a beta of 0.80. Invesco Mortgage Capital has a 12-month low of $14.15 and a 12-month high of $17.34.
Invesco Mortgage Capital (NYSE:IVR) last announced its earnings results on Monday, August 7th. The real estate investment trust reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The company had revenue of $82.94 million during the quarter, compared to the consensus estimate of $84.50 million. Invesco Mortgage Capital had a return on equity of 8.97% and a net margin of 71.92%. During the same quarter in the prior year, the company earned $0.42 earnings per share. Equities analysts predict that Invesco Mortgage Capital will post $1.61 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 26th. Shareholders of record on Wednesday, September 27th will be issued a $0.41 dividend. This is an increase from Invesco Mortgage Capital’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, September 26th. This represents a $1.64 dividend on an annualized basis and a yield of 9.71%. Invesco Mortgage Capital’s dividend payout ratio is 36.87%.
IVR has been the subject of several recent analyst reports. BidaskClub raised shares of Invesco Mortgage Capital from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $16.00 price objective on shares of Invesco Mortgage Capital in a research report on Friday, June 30th. Finally, Zacks Investment Research downgraded shares of Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Invesco Mortgage Capital has an average rating of “Buy” and an average target price of $17.81.
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Invesco Mortgage Capital Company Profile
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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