IVR Stock Recent News
IVR LATEST HEADLINES
The latest trading day saw Invesco Mortgage Capital (IVR) settling at $9.38, representing a +0.54% change from its previous close.
In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $9.62, denoting a -0.21% change from the preceding trading day.
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Invesco Mortgage Capital (IVR) closed at $8.92 in the latest trading session, marking a +1.25% move from the prior day.
Invesco Mortgage Capital is an mREIT focused almost exclusively on agency mortgage-backed securities, using a debt-to-equity ratio of 5.6. The Series C shares have outperformed preferred ETF benchmarks so far in 2024. Given solid dividend coverage by net income and shareholders' equity, I expect the outperformance to continue.
Invesco Mortgage Capital (IVR) closed at $9.27 in the latest trading session, marking a +0.22% move from the prior day.
This earnings assessment article reviews IVR's BV and core earnings/EAD performance during Q1 2024 and compares results to my expectations. Earnings remain a key driver of stock performance. IVR's BV modestly outperformed my/our expectations (near top end of range; minor increase) while its core earnings/EAD was a modest-notable underperformance (modest decrease). IVR's minor quarterly BV increase basically matched the company's agency mREIT sub-sector peers, but its quarterly core earnings/EAD decline was more severe.
ATLANTA , June 24, 2024 /PRNewswire/ -- Invesco Mortgage Capital Inc. (the "Company") (NYSE: IVR) today announced that its Board of Directors declared a cash dividend of $0.40 per share of common stock for the second quarter of 2024. The dividend will be paid on July 26, 2024 to stockholders of record at the close of business on July 5, 2024, with an ex-dividend date of July 5, 2024.
ATLANTA , June 24, 2024 /PRNewswire/ -- Invesco Mortgage Capital Inc. (the "Company") (NYSE: IVR) announced today that W. Wesley McMullan will join its Board of Directors effective as of the date hereof.
In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $9.07, denoting a -0.66% change from the preceding trading day.