IVR Stock Recent News

From a technical perspective, Invesco Mortgage Capital (IVR) is looking like an interesting pick, as it just reached a key level of support. IVR recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Invesco Mortgage Capital (IVR) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, IVR crossed above the 200-day moving average, suggesting a long-term bullish trend.

Invesco Mortgage Capital is a small mortgage Real Estate Investment Trust that primarily invests in residential and commercial mortgage-backed securities. The trust has been negatively impacted by the current market environment, with higher short-term rates and lower asset yields leading to lower business margins. However, there are expectations for the Federal Reserve to start cutting the Federal Funds target rate in the second half of 2024, which could be a positive tailwind for agency MBS and the trust's income.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Invesco Mortgage Capital (IVR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

IVR, CAMT, CRGY, CMRE and SM have been added to the Zacks Rank #1 (Strong Buy) List on May 23, 2024.

IVR, CMRE and SM made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 23, 2024.

IVR, FFBC and BANF made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 23, 2024.

IVR, VLVLY, LXFR, KARO and NMM have been added to the Zacks Rank #1 (Strong Buy) List on May 20, 2024.

IVR, VLVLY and LXFR made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 20, 2024.