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IVR

13.25USD+0.12(+0.91%)Market Closed

Invesco Mortgage Capital Inc

Market Summary

USD13.25+0.12Market Closed
0.91%

IVR Alerts

IVR Stock Price

RSI Chart

Valuation

Market Cap

387.7M

Price/Earnings

-1.12

Price/Sales

2.24

Price/Cashflow

2.43

Price/Sales

Profitability

Return on Equity

-35.95%

Return on Assets

-8.01%

Fundamentals

Revenue

Revenue (TTM)

179.3M

Revenue Y/Y

15.16%

Revenue Q/Q

11.61%

Earnings

Earnings (TTM)

-504.0M

Earnings Y/Y

-275.85%

Earnings Q/Q

7.4%

Price Action

52 Week Range

1.5718.00
(Low)(High)

Last 7 days

2.1%

Last 30 days

18.8%

Last 90 days

-10.0%

Trailing 12 Months

-46.1%

Financial Health

Investor Care

Dividend Yield

30.66%

Dividend/Share (TTM)

3.6

Shares Dilution (1Y)

13.40%

Diluted EPS (TTM)

-16

Peers (Alternatives to Invesco Mortgage Capital)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
152.0B
20.0B
4.76% 4.07%
24.13
7.98
11.04% 25.60%
116.7B
44.1B
8.80% 0.14%
7.21
2.64
-11.77% -19.89%
112.4B
41.6B
9.23% 1.28%
14.67
2.7
29.77% -1.52%
100.1B
18.6B
11.61% -20.97%
17.14
5.16
-0.55% -4.20%
MID-CAP
7.5B
2.1B
19.92% -23.69%
1.96
3.51
-4.46% 14.21%
6.4B
1.3B
4.42% -12.65%
8.51
5.31
11.01% 77.63%
4.3B
1.1B
2.00% -13.50%
10.35
3.79
48.48% 10.89%
4.3B
1.4B
22.67% -27.47%
-4.75
3.38
-7.83% -296.46%
3.6B
5.0B
14.03% 22.72%
3.34
0.72
66.93% 65.79%
2.4B
235.1M
23.94% -42.26%
27.66
10.68
12.85% 38.97%
SMALL-CAP
1.3B
835.4M
12.44% -4.06%
-8.84
1.51
87.26% -148.85%
1.0B
247.8M
11.54% -12.57%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
14.61% -28.22%
-153.63
2.47
51.09% -102.33%
785.2M
116.8M
-27.32% -51.27%
10.08
6.53
-4.08% -28.93%
387.7M
179.3M
18.84% -46.05%
-1.12
2.24
10.55% -617.70%

Financials for Invesco Mortgage Capital

Income Statement (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.8%179,313172,767171,366169,202162,204
Operating Expenses-5.9%27,47329,19029,65429,23328,414
  S&GA Expenses-1.4%8,4358,5568,1848,1538,133
Net Income-46.1%-504,032.00-344,924.00-309,147.00-90,000.0097,360
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets8.9%4,6864,3047,0838,4449,379
    Cash Equivalents-19.1%164202252357190
Liabilities17.3%3,9243,3455,9557,0427,923
Shareholder's Equity-20.7%7619591,1281,4021,456
  Retained Earnings-3.6%-3,412.78-3,295.20-3,149.33-2,882.82-2,780.09
  Additional Paid-In Capital1.0%3,8583,8203,8173,8163,761
Shares Outstanding7.0%3533333331
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations5.7%169160158152137
Cashflow From Investing-12.6%3,7644,3072,177121-2,899.33
Cashflow From Financing10.1%-4,154.59-4,623.54-2,416.25-88.572,823
  Buy Backs295.1%23058140

Risks

What is the probability of a big loss on IVR?

53.1%


Probability that Invesco Mortgage Capital stock will be more than 20% underwater in next one year

45%


Probability that Invesco Mortgage Capital stock will be more than 30% underwater in next one year.

40.4%


Probability that Invesco Mortgage Capital stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does IVR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Invesco Mortgage Capital was unfortunately bought at previous high price.

Returns

Cumulative Returns on IVR

-11.8%


10-Year Cumulative Returns

-15.0%


7-Year Cumulative Returns

-28.5%


5-Year Cumulative Returns

-45.2%


3-Year Cumulative Returns

What are the long-term rolling returns for IVR?

FIve years rolling returns for Invesco Mortgage Capital.

Which funds bought or sold IVR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
60,000
60,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.75
-153,000
461,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-10,000
32,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
0.09
-180,000
560,000
-%
2022-11-15
Balyasny Asset Management LLC
SOLD OFF
-100
-12,462,000
-
-%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-90.21
-1,394,000
111,000
-%
2022-11-15
HARBOUR INVESTMENTS, INC.
UNCHANGED
-
-
5,000
-%
2022-11-15
STATE STREET CORP
ADDED
3.63
-4,119,000
14,913,000
-%
2022-11-15
State of Tennessee, Treasury Department
UNCHANGED
-
-
284,000
-%

1–10 of 39

Latest Funds Activity

Are funds buying IVR calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own IVR

Invesco Mortgage Capital News

SETE News

A History of Outperforming Analyst Forecasts and Beating the Odds: Invesco Mortgage Capital Inc. (IVR) – Sete News.32 minutes ago

IVR Fair Value

Recent SEC filings of Invesco Mortgage Capital

View All Filings
Date Filed Form Type Document
Nov 14, 2022
8-K
Current Report
Nov 02, 2022
8-K
Current Report
Nov 02, 2022
10-Q
Quarterly Report
Sep 28, 2022
8-K
Current Report

Latest Insider Trading transactions for IVR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-15
LIENTZ JAMES R JR
ACQUIRED
-
-
54,285
-
2022-05-15
LOCKHART DENNIS P
ACQUIRED
-
-
54,285
-
2022-05-15
Day John
ACQUIRED
-
-
54,285
-
2022-05-15
LIU DON H
ACQUIRED
-
-
54,285
-
2022-05-15
HARDIN EDWARD J
ACQUIRED
-
-
54,285
-
2022-05-15
Handlon Carolyn B
ACQUIRED
-
-
54,285
-
2022-05-10
Anzalone John
BOUGHT
24,750
1.65
15,000
CEO
2022-05-09
Collins Kevin M
BOUGHT
11,987.3
1.67
7,178
President
2022-05-09
Phegley Richard Lee Jr.
BOUGHT
20,193.6
1.67
12,092
Chief Financial Officer
2022-03-15
LIU DON H
ACQUIRED
-
-
10,022
-

1–10 of 50

John M. Anzalone
0
Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing 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. government agency or federally chartered corporation; RMBS and CMBS that are not issued or guaranteed by a U.S. government agency or federally chartered corporation; 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. Invesco Mortgage Capital Inc. has elected to be taxed as a REIT and would be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2008 and is headquartered in Atlanta, Georgia.

IVR Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income    
Mortgage-backed and other securities$ 49,058$ 42,657$ 134,689$ 124,725
Commercial loan6705251,7681,621
Total interest income49,72843,182136,457126,346
Interest expense    
Repurchase agreements[1]18,008(3,272)19,359(8,109)
Total interest expense18,008(3,272)19,359(8,109)
Net interest income31,72046,454117,098134,455
Other income (loss)    
Gain (loss) on investments, net(260,837)(16,830)(1,090,101)(276,067)
(Increase) decrease in provision for credit losses0001,768
Equity in earnings (losses) of unconsolidated ventures(6)344(287)581
Gain (loss) on derivative instruments, net133,54935,282554,151135,959
Other investment income (loss), net01441
Total other income (loss)(127,294)18,797(536,193)(137,758)
Expenses    
Management fee – related party3,8365,43213,72915,771
General and administrative2,0182,1396,5616,279
Total expenses5,8547,57120,29022,050
Net income (loss)(101,428)57,680(439,385)(25,353)
Dividends to preferred stockholders(5,862)(8,394)(22,356)(29,401)
Gain on repurchase and retirement of preferred stock12,688014,1790
Issuance and redemption costs of redeemed preferred stock000(4,682)
Net income (loss) attributable to common stockholders$ (94,602)$ 49,286$ (447,562)$ (59,436)
Earnings (loss) per share:    
Basic (in USD per share)$ (2.78)$ 1.66$ (13.42)$ (2.28)
Diluted (in USD per share)$ (2.78)$ 1.66$ (13.42)$ (2.28)
[1]Negative interest expense on repurchase agreements in 2021 is due to amortization of net deferred gains on de-designated interest rate swaps that exceeds current period interest expense on repurchase agreements. For further information on amortization of amounts classified in accumulated other comprehensive income before we discontinued hedge accounting, see Note 8 - "Derivatives and Hedging Activities" and Note 12 - "Stockholders' Equity".

IVR Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Mortgage-backed securities, at fair value (including pledged securities of $4,043,370 and $7,326,175, respectively)$ 4,356,991$ 7,804,259
Cash and cash equivalents163,590357,134
Restricted cash100,775219,918
Due from counterparties4,8377,985
Investment related receivable19,30616,766
Derivative assets, at fair value11,227270
Other assets28,97937,509
Total assets4,685,7058,443,841
Liabilities:  
Repurchase agreements3,887,2916,987,834
Derivative liabilities, at fair value3,69514,356
Dividends payable22,97929,689
Investment related payable7060
Accrued interest payable3,7661,171
Collateral held payable10280
Accounts payable and accrued expenses1,8391,887
Due to affiliate4,2106,489
Total liabilities3,924,4967,041,706
Commitments and contingencies
Stockholders' equity:  
Common Stock, par value $0.01 per share; 67,000,000 and 450,000,000 shares authorized, respectively; 35,352,123 and 32,987,478 shares issued and outstanding, respectively353330
Additional paid in capital3,858,4183,819,375
Accumulated other comprehensive income16,51037,286
Retained earnings (distributions in excess of earnings)(3,412,779)(2,882,824)
Total stockholders’ equity761,2091,402,135
Total liabilities and stockholders' equity$ 4,685,705$ 8,443,841
Common Stock - shares authorized (in shares)67,000,000450,000,000
Series B Preferred Stock  
Stockholders' equity:  
Preferred stock, value$ 109,679$ 149,860
Series C Preferred Stock  
Stockholders' equity:  
Preferred stock, value$ 189,028$ 278,108