IVR Stock Recent News

Invesco Mortgage Capital (IVR) closed at $9.11 in the latest trading session, marking a +0.05% move from the prior day.

Invesco Mortgage Capital (IVR) primarily invests in Agency RMBS and employs leverage to enhance yields, making it sensitive to interest rate fluctuations. IVR's dividend history shows significant cuts due to margin calls and liquidity issues, particularly during the COVID-19 pandemic. Despite recent GAAP losses, IVR's earnings available for distribution suggest a potential future dividend increase as unrealized losses diminish.

Invesco Mortgage Capital (IVR) closed at $8.77 in the latest trading session, marking a +0.92% move from the prior day.

Invesco Mortgage Capital Inc. (NYSE:IVR ) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants John Anzalone - Chief Executive Officer Lee Phegley - Chief Financial Officer Brian Norris - Chief Investment Officer Greg Seals - Investor Relations Conference Call Participants Jason Weaver - JonesTrading Jason Stewart - Janney Montgomery Operator Good morning and thank you for standing by. Welcome to the Invesco Mortgage Capital second quarter 2024 earnings call.

Invesco Mortgage Capital (IVR) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $1.45 per share a year ago.

ATLANTA , Aug. 8, 2024 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) (the "Company") today announced financial results for the quarter ended June 30, 2024. Net loss per common share of $0.38 compared to net income of $0.49 in Q1 2024 Earnings available for distribution per common share(1) of $0.86 unchanged from Q1 2024 Common stock dividend of $0.40 per common share, unchanged from Q1 2024 Book value per common share(2) of $9.27 compared to $10.08 as of March 31, 2024 Economic return(3) of (4.1)% compared to 4.8% in Q1 2024 Update from John Anzalone, Chief Executive Officer "Agency RMBS valuations were negatively impacted during the second quarter as persistent uncertainty regarding near-term monetary policy led to an increase in interest rate volatility.

In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $9.15, denoting a +0.11% change from the preceding trading day.

A high interest rate environment is likely to have weighed on Invesco Mortgage (IVR) in Q2 2024, while lower volatility in the fixed-income market is expected to have improved the book value.

The latest trading day saw Invesco Mortgage Capital (IVR) settling at $9.14, representing a -0.22% change from its previous close.

ATLANTA , July 24, 2024 Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its second quarter 2024 results Thursday, August 8, 2024, after market close. A conference call and audio webcast to review second quarter 2024 results will be held on Friday, August 9, 2024, at 9:00 a.m.