Media coverage about Invesco Mortgage Capital (NYSE:IVR) has been trending positive on Wednesday, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Invesco Mortgage Capital earned a news sentiment score of 2.17 on their scale. InfoTrie also gave media stories about the real estate investment trust an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near future.
Invesco Mortgage Capital stock traded up $0.03 during trading hours on Wednesday, reaching $15.20. 532,678 shares of the company were exchanged, compared to its average volume of 1,312,026. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 8.41 and a beta of 0.75. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.78. The stock has a 50-day moving average of $15.30 and a 200 day moving average of $15.95. Invesco Mortgage Capital has a 12 month low of $13.67 and a 12 month high of $16.67.
Invesco Mortgage Capital (NYSE:IVR) last posted its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.01. Invesco Mortgage Capital had a positive return on equity of 12.51% and a negative net margin of 6.91%. The company had revenue of $29.71 million during the quarter, compared to analysts’ expectations of $76.20 million. During the same period in the prior year, the business earned $0.41 earnings per share.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 28th. Stockholders of record on Friday, September 27th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $1.80 annualized dividend and a dividend yield of 11.84%.
Separately, TheStreet cut Invesco Mortgage Capital from a “c” rating to a “d+” rating in a research report on Thursday, August 8th.
In other Invesco Mortgage Capital news, insider Mario Clemente acquired 2,000 shares of Invesco Mortgage Capital stock in a transaction dated Friday, August 16th. The stock was bought at an average cost of $15.71 per share, with a total value of $31,420.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edward J. Hardin acquired 2,500 shares of Invesco Mortgage Capital stock in a transaction dated Wednesday, August 21st. The stock was acquired at an average cost of $15.73 per share, with a total value of $39,325.00. Following the completion of the transaction, the director now directly owns 35,357 shares of the company’s stock, valued at approximately $556,165.61. The disclosure for this purchase can be found here. 0.26% of the stock is currently owned by corporate insiders.
About Invesco Mortgage Capital
Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities, and other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.
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