Invesco Mortgage Capital

Invesco Mortgage Capital, Inc. is a holding company, which engages in investing, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The firm primarily invests in the following: residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), non-agency RMBS, non-agency CMBS, credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises, residential and commercial mortgage loans, and other real estate-related financing arrangements. The company was founded on June 5, 2008 and is headquartered in Atlanta, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Invesco Mortgage Capital (IVR) reports robust Q4 performance amidst market challenges

In Q4 2022, IVR demonstrated strong performance driven by strategic investment decisions and effective risk management. While challenges persist in the mortgage market, the company's cautious approach and focus on maintaining a diversified portfolio have supported its resilience. IVR's ability to generate positive ROEs and stable book value amidst market volatility highlights its strength and adaptability.

Invesco Mortgage Capital adapts to market challenges, eyes growth opportunities

In Q1 2023, Invesco Mortgage Capital faced challenges from deteriorating market conditions but capitalized on strengths in higher-yielding mortgages and effective hedging strategies.
The reduction in dividend and increase in economic leverage reflect the company's proactive approach to enhancing book value and managing risk.
Opportunities in the agency mortgage market and strategic capital deployment could drive future growth and value creation for IVR and its shareholders.
Analyst questions and management discussions during the earnings call shed light on IVR's performance, challenges, and opportunities in navigating the evolving market landscape.

Invesco Mortgage Capital navigates challenges, eyes opportunities in agency mortgages

Invesco Mortgage Capital faces challenges with its debt-to-equity ratio and potential impact from the Federal Reserve's tightening cycle. However, the company remains optimistic about the long-term investment outlook for agency mortgages, citing compelling valuations and positive market conditions.

Invesco Mortgage Capital reports resilient earnings amidst interest rate challenges

Invesco Mortgage Capital navigated Q3 2023 with resilience despite facing challenges from interest rate volatility. The company's strong earnings and strategic portfolio adjustments demonstrate adaptability in a volatile market. Looking ahead, opportunities exist in improving agency mortgage dynamics and attractive valuations for specified pools.

Invesco Mortgage Capital adapts to interest rate challenges in Q4 2023

Invesco Mortgage Capital navigated interest rate volatility by adjusting its portfolio to reduce leverage and maintain cash unencumbered assets. While facing challenges from declining interest income, the company's focus on agency mortgages and specified pool investments provides stability and growth opportunities.

Invesco Mortgage Capital faces interest rate challenges but sees mortgage market opportunities

IVR navigated challenges from interest rate volatility to maintain stable earnings per common share and provide detailed market insights to investors.
Despite a negative economic return of 4.1%, IVR sees opportunities in agency mortgages with expectations of a steeper yield curve and improved market conditions.
Analysts' inquiries into leverage strategy and portfolio growth reflect ongoing efforts to optimize performance and capitalize on market opportunities.
IVR's focus on Agency RMBS and Agency CMBS positions it well to benefit from attractive valuations and strong liquidity as market conditions evolve.

Invesco Mortgage Capital reports solid Q3 performance amidst market challenges

In Q3 2024, IVR demonstrated a positive performance with an increase in book value per common share and a 5.4% economic return for the quarter.
Despite challenges such as increased prepayment speeds and reduced net interest income, IVR's strengths in agency mortgages and proactive capital optimization position it well for future opportunities.
IVR's constructive outlook on agency mortgage and Agency CMBS sectors underscores its resilience in the face of market uncertainties and its strategic approach to portfolio management.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Invesco Mortgage Capital, Inc. is a real estate investment trust, which engages in the business of investing, financing, and managing mortgage-backed securities and other mortgage-related assets. The company was founded on June 5, 2008 and is headquartered in Atlanta, GA.

ARMOUR Residential REIT

Cherry Hill Mortgage

Chimera Investment

MFA Financial

Annaly Capital

Orchid Island Capital

Ready Capital Corp

Two Harbors Investment

Western Asset Mortgage Capital

REITs are dividend-paying entities that own or finance real estate.

Best REITS For Reliable Income For 2023

Arlington Asset Investment

ACRES Commercial Realty Corp.

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Ares Capital

Blackstone Mortgage Trust

Capital Southwest

Dynex Capital

Ellington Residential Mortgage REIT

Ellington Financial

Franklin BSP Realty Trust Inc

FS KKR Capital Corp

Gladstone Investment

Golub Capital BDC

Granite Point Mortgage Trust

Invesco KBW Premium Yield Equity REIT ETF

Main Street Capital

Slash to 11% or 12% incoming. Shares already dipped some, though many investors don't know about the cut yet.

16% Dividend Yield Slash Incoming

Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.

Dump This Fat 16% Yield Before The Cut

ATLANTA , Feb. 6, 2023 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its fourth quarter 2022 results Tuesday, February 21, 2023, after market close. A conference call and audio webcast to review fourth quarter 2022 results will be held on Wednesday, February 22, 2023, at 9:00 a.m.

Invesco Mortgage Capital Inc. To Announce Fourth Quarter 2022 Results

Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart.

A Painfully Obvious Dividend Choice

We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table.

Dueling Dividends

Arbor Realty Trust

JPMorgan BetaBuilders MSCI US REIT ETF

Braemar Hotels & Resorts Inc

Broadmark Realty Capital Inc.

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

EPR Properties

Four Corners Property Trust

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Hannon Armstrong Sustainable Infrastructure Capital

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

NexPoint Real Estate Finance

Neuberger Berman Real Estate Securities Income Fund Inc

New York City REIT Inc

Realty Income Corp

iShares Preferred and Income Securities ETF 

U.S. equity markets closed out their worst year since the Financial Crisis with a fourth-straight week of declines as Treasury yields jumped back to seven-week highs on renewed inflation and COVID concerns. Dragging its full-year declines to nearly 20%, the S&P 500 slipped 0.1% this week while the tech-heavy Nasdaq dipped another 0.4%, shedding nearly a third of its value in 2022.

Good Riddance, 2022

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

High-Yield Shares On Sale Today

Carnage in mortgage backed securities values has crushed mortgage REITs. Book value has been devastated and earnings have fallen off a cliff, creating the need for yet another dividend cut.

Invesco Mortgage Capital: Disastrous Environment Sets Up A Trade

Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?

Invesco Mortgage Capital (IVR) Crossed Above the 50-Day Moving Average: What That Means for Investors

Invesco Mortgage Capital, Inc. (NYSE:IVR ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Matthew Seitz - IR John Anzalone - CEO Brian Norris - CIO Conference Call Participants Douglas Harter - Crédit Suisse Trevor Cranston - JMP Securities Jason Stewart - JonesTrading Operator Welcome to Invesco Mortgage Capital Inc's. Third Quarter 2022 Investor Conference Call.

Invesco Mortgage Capital, Inc. (IVR) Q3 2022 Earnings Call Transcript

ATLANTA , Nov. 2, 2022 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) (the "Company") today announced financial results for the quarter ended September 30, 2022.(1) Net loss per common share of $2.78 compared to a net loss of $3.52 in Q2 2022 Earnings available for distribution per common share(2) of $1.39 compared to $1.40 in Q2 2022 Common stock dividend of $0.65 per common share compared to $0.90 in Q2 2022 Book value per common share(3) of $12.80 compared to $16.16 at Q2 2022 Economic return(4) of (16.8%) compared to (17.9%) in Q2 2022 Update from John Anzalone, Chief Executive Officer "The difficult environment for Agency residential mortgage-backed securities ("Agency RMBS") persisted during the third quarter, as the sector recorded its worst quarterly performance in over a decade.

Invesco Mortgage Capital Inc. Reports Third Quarter 2022 Financial Results

Angel Oak Mortgage

When investing in mortgage real estate investment trust (REIT) it is important to know that these funds hold a five-year average dividend yield of 10.8%.

Looking For Double-Digit Returns? 3 Mortgage REITs You Can Buy For Less Than They're Worth — By This Measure

ATLANTA , Oct. 20, 2022 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its third quarter 2022 results Wednesday, November 2, 2022, after market close. A conference call and audio webcast to review third quarter 2022 results will be held on Thursday, November 3, 2022, at 9:00 a.m.

Invesco Mortgage Capital Inc. To Announce Third Quarter 2022 Results

New York Mortgage Trust

Markets were mixed, sending the S&P 500 and Nasdaq Composite further into bear-market territory.

Why These Passive Income Dividend Stock Machines Soared Tuesday

Cross Timbers Royalty

Equity Commonwealth

Hersha Hospitality Trust Class A

Ramaco Resources

Mesa Royalty Trust

Steelcase

San Juan Basin Royalty Trust

Presidio Property Trust

The third quarter of 2022 saw the U.S. stock market's dividend-paying stocks turn in another mixed performance. The bad news is that the number of dividend cuts has risen in 2022-Q3.

Dividends By The Numbers In September 2022 And Q3 2022

Invesco

ATLANTA , Sept. 28, 2022 /PRNewswire/ -- Invesco Mortgage Capital Inc. (the "Company") (NYSE: IVR) today announced that its Board of Directors declared a cash dividend of $0.65 per share of common stock for the third quarter of 2022.

Invesco Mortgage Capital Inc. Announces Quarterly Common Dividend and Provides Update on Portfolio, Liquidity and Book Value

Invesco Mortgage Capital is an mREIT with common shares and two preferred shares. The common shares have a history of severe negative returns and total returns. The preferreds have at least generated positive total returns.

Invesco Mortgage Capital: Ditch The Common For The Preferreds

Invesco Mortgage Capital Inc. (NYSE:IVR ) Q2 2022 Earnings Conference Call August 5, 2022 9:00 AM ET Company Participants Jack Bateman - Investor Relations John Anzalone - Chief Executive Officer Brian Norris - Chief Investment Officer Conference Call Participants Doug Harter - Credit Suisse Trevor Cranston - JMP Securities Operator Welcome to Invesco Mortgage Capital Inc. Second Quarter 2022 Investor Conference Call. All participants will be in a listen-only mode until the question-and-answer session.

Invesco Mortgage Capital Inc. (IVR) CEO John Anzalone on Q2 2022 Results - Earnings Call Transcript

ATLANTA , Aug. 4, 2022 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) (the "Company") today announced financial results for the quarter ended June 30, 2022.(1) Net loss per common share of $3.52 compared to a net loss of $7.18 in Q1 2022 Earnings available for distribution per common share(2) of $1.40 compared to $1.16 in Q1 2022 Common stock dividend of $0.90 per common share, unchanged from Q1 2022 Book value per common share(3) of $16.16 compared to $20.78 at Q1 2022 Economic return(4) of (17.9%) compared to (25.5%) in Q1 2022 Update from John Anzalone, Chief Executive Officer "During the second quarter, our book value declined as Agency mortgage valuations remained challenged by the acceleration of monetary policy tightening by the Federal Reserve as it combats the highest rate of inflation in 40 years.

Invesco Mortgage Capital Inc. Reports Second Quarter 2022 Financial Results

ATLANTA , July 25, 2022 /PRNewswire/ -- Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its second quarter 2022 results Thursday, August 4, 2022 after market close. A conference call and audio webcast to review second quarter 2022 results will be held on Friday, August 5, 2022, at 9:00 a.m.

Invesco Mortgage Capital Inc. To Announce Second Quarter 2022 Results

Following the treasury bond yield curve inversion on July 5, Invesco Mortgage Capital Inc (NYSE: IVR) stock took a massive hit. What Happened: At 10:45 a.m.

Invesco Stock Plummets 5% Amid Yield Curve Inversion: Can The Company Stay Afloat During The Upcoming Recession?

IVR's dividend yield has historically been exceptionally high, supported by its earnings, and seems sustainable. IVR's total return was in the range of 15 to 20 percent, despite a huge price loss.

Invesco Mortgage Capital: A Curious Case Of High Yield And Declining EV

Starwood Property

The REIT and Equity Trust industry is being battered by rising interest rates and Federal Reserve's balance sheet reduction moves. Yet, prudent portfolio management and prepayment speed bode well for STWD, ABR and IVR.

3 mREIT Stock Picks Poised to Navigate Rising Interest Rates

Can this investment recover its recent losses, even as markets give up their gains?

This Reverse Stock-Splitter Is Yielding 27% -- And Its Shares Are Rising

News for Invesco Mortgage Capital Stock (IVR)