Invesco Mortgage Capital (IVR) Set to Announce Quarterly Earnings on Thursday

Invesco Mortgage Capital (NYSE:IVR) is scheduled to announce its earnings results after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Invesco Mortgage Capital Trading Up 2.1 %

Invesco Mortgage Capital stock opened at $8.59 on Wednesday. Invesco Mortgage Capital has a 12 month low of $6.34 and a 12 month high of $11.75. The stock’s 50 day moving average is $9.22 and its 200-day moving average is $9.05. The company has a market capitalization of $419.17 million, a price-to-earnings ratio of -12.26 and a beta of 1.90.

Invesco Mortgage Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 26th. Investors of record on Friday, July 5th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 18.64%. The ex-dividend date was Friday, July 5th. Invesco Mortgage Capital’s dividend payout ratio is currently -228.57%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on IVR shares. StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Thursday, May 16th. Janney Montgomery Scott started coverage on Invesco Mortgage Capital in a research report on Thursday, June 6th. They set a “buy” rating and a $10.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $9.50.

Invesco Mortgage Capital Company Profile

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.