Invesco Mortgage Capital (IVR) Scheduled to Post Quarterly Earnings on Wednesday

Posted by Lars Charter on May 6th, 2024

Invesco Mortgage Capital (NYSE:IVR – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Invesco Mortgage Capital Stock Up 0.8 %

IVR opened at $9.18 on Monday. The stock’s 50 day moving average price is $8.96 and its two-hundred day moving average price is $8.59. Invesco Mortgage Capital has a 12-month low of $6.34 and a 12-month high of $12.37.

Invesco Mortgage Capital Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Monday, April 8th were issued a dividend of $0.40 per share. The ex-dividend date was Friday, April 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 17.43%. Invesco Mortgage Capital’s payout ratio is presently -200.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research report on Monday, April 29th.

Check Out Our Latest Report on IVR

About Invesco Mortgage Capital

(Get Free Report)

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.