Invesco Mortgage Capital (NYSE:IVR) Releases Earnings Results, Misses Estimates By $0.21 EPS

Invesco Mortgage Capital (NYSE:IVR) issued its quarterly earnings data on Thursday. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.21), Zacks reports. Invesco Mortgage Capital had a return on equity of 36.90% and a net margin of 30.67%. The firm had revenue of $13.68 million during the quarter, compared to analysts’ expectations of $50.18 million.

Invesco Mortgage Capital Price Performance

NYSE:IVR traded down $0.01 during trading hours on Friday, hitting $8.95. 470,751 shares of the company were exchanged, compared to its average volume of 1,198,831. The stock has a market capitalization of $543.47 million, a price-to-earnings ratio of 7.45 and a beta of 1.88. Invesco Mortgage Capital has a 52-week low of $7.47 and a 52-week high of $9.97. The company’s 50 day moving average price is $8.30 and its 200-day moving average price is $8.49.

Invesco Mortgage Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, December 30th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 17.88%. The ex-dividend date of this dividend was Monday, December 30th. Invesco Mortgage Capital’s payout ratio is currently 133.33%.

Wall Street Analyst Weigh In

Separately, JMP Securities reaffirmed a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Thursday, January 23rd.

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.