Invesco Mortgage Capital Inc (NYSE:IVR) had declared a cash dividend of $0.4000 on Jun 15, 2016. The shares will quote ex-dividend on Jun 22, 2016 and the record date has been fixed for Jun 27, 2016. On Jun 15, 2016 share price, the yield comes out to be 11.1654%. The dividend payable date has been fixed on Jul 26, 2016.
In a different note, On May 18, 2016, Nomura said it Upgrades its rating on Invesco Mortgage Capital Inc. In the research note, the firm Raises the price-target to $14.00 per share. The shares have been rated ‘Buy’ by the firm. On May 11, 2016, Wells Fargo said it Upgrades its rating on Invesco Mortgage Capital Inc. The shares have been rated ‘Market Perform’ by the firm.
Invesco Mortgage Capital Inc (IVR) shares turned negative on Tuesdays trading session with the shares closing down -0.1 points or -0.69% at a volume of 8,38,094. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $14.56. The peak price level was also seen at $14.56 while the days lowest was $14.3799. Finally the shares closed at $14.38. The 52-week high of the shares is $16.04 while the 52-week low is $9.74. According to the latest information available, the market cap of the company is $1,604 M.
Invesco Mortgage Capital Inc(IVR) last announced its earnings results on May 9, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $75.85M. Analysts had an estimated revenue of $78.22M. Earnings per share were $0.44. Analysts had estimated an EPS of $0.40.
Several Insider Transactions has been reported to the SEC. On May 19, 2016, John Anzalone (CIO) purchased 4,000 shares at $14.18 per share price.Also, On Mar 15, 2016, Richard J. King (CEO) purchased 2,000 shares at $12.19 per share price.On Nov 13, 2015, Richard Lee Jr. Phegley (CFO) purchased 1,853 shares at $12.95 per share price, according to the Form-4 filing with the securities and exchange commission.
Invesco Mortgage Capital Inc. is a holding company. The Company is a real estate investment trust (REIT). The Company is focused on investing in financing and managing residential and commercial mortgage-backed securities (MBS) and mortgage loans. It invests in residential mortgage-backed securities (RMBS) (collectively Agency RMBS) RMBS that are not guaranteed by a United States Government agency (non-Agency RMBS) credit risk transfer securities issued by Government-sponsored enterprises (GSE CRT) commercial mortgage-backed securities (CMBS) residential and commercial mortgage loans and other real estate-related financing arrangements. The Company generally finances its investments through short and long-term borrowings structured as repurchase agreements and secured loans. It finances its residential loans held-for-investment through asset-backed securities (ABS) issued by consolidated securitization trusts. The Company is managed by Invesco Advisers Inc.