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Invesco Mortgage Capital Inc. - IVR STOCK NEWS

Welcome to our dedicated page for Invesco Mortgage Capital news (Ticker: IVR), a resource for investors and traders seeking the latest updates and insights on Invesco Mortgage Capital stock.

Invesco Mortgage Capital Inc. (NYSE: IVR) is a prominent independent mortgage real estate investment trust (mREIT) company with offices in Atlanta, Georgia, and Louisville, Kentucky. As a mortgage REIT, Invesco Mortgage Capital Inc. focuses on delivering consistent investment value to shareholders by leveraging its expertise and resources to generate steady income from real estate-related investments. The company acquires, finances, and manages residential and commercial mortgage-backed securities (MBS) and mortgage loans.

Invesco Mortgage Capital Inc. holds a diversified portfolio consisting of various types of MBS. These include residential mortgage-backed securities (RMBS) guaranteed by U.S. government agencies like the Government National Mortgage Association (Ginnie Mae) and federally chartered corporations such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The portfolio also comprises commercial mortgage-backed securities (CMBS) and non-agency RMBS that are not backed by government guarantees.

The company is externally managed and advised by Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), a leading global investment management firm. This relationship provides Invesco Mortgage Capital Inc. with significant advisory and management expertise, ensuring effective portfolio management and strategic investment decisions.

Recent news highlights include the announcement of second quarter 2023 results on August 3, 2023, where the company reported a book value per common share of $11.98 and earnings available for distribution at $1.45 per common share. Despite facing challenges such as higher interest rates and FDIC sales impacting book value, Invesco Mortgage Capital Inc. maintained strong earnings through its hedging strategy.

Invesco Mortgage Capital Inc. continues to adapt to market conditions, focusing on maintaining a robust balance sheet with significant unrestricted cash and unencumbered investments. The company regularly communicates with investors through earnings calls and detailed financial reports, ensuring transparency and engagement.

Invesco Mortgage Capital Inc. is dedicated to providing attractive risk-adjusted returns to its shareholders primarily through dividends and capital appreciation. The company strives to maintain a high level of income generation from its real estate-related investments, adjusting its strategies in response to the evolving economic landscape.

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Invesco Mortgage Capital (NYSE: IVR) is set to announce its second quarter 2024 results on Thursday, August 8, 2024, after market close. An audio webcast and conference call to review the results will be held the following day, Friday, August 9, 2024, at 9:00 a.m. ET. Key executives including CEO John Anzalone, CFO Lee Phegley, CIO Brian Norris, President Kevin Collins, and COO David Lyle will be speaking. A presentation will be available on the company's website prior to the call. To participate in the call, dial North America Toll Free: 888-982-7409 or International Toll: 1-212-287-1625, using passcode: Invesco. A replay will be accessible until August 23, 2024, at 888-566-0411 (North America) or 1-203-369-3041 (International).

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Invesco Mortgage Capital announced a cash dividend of $0.40 per share for Q2 2024. This dividend will be paid on July 26, 2024, to shareholders who are on record at the close of business on July 5, 2024. The ex-dividend date is also July 5, 2024. This announcement reflects the company's ongoing commitment to providing returns to its shareholders.

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Invesco Mortgage Capital (NYSE: IVR) has appointed W. Wesley McMullan to its Board of Directors, effective immediately. McMullan, 61, brings extensive experience from his 33-year tenure at the Federal Home Loan Bank of Atlanta, including 11 years as President and CEO. His expertise spans financial disciplines such as banking, mortgage-backed securities, SEC regulatory compliance, and portfolio management. McMullan will also serve on the Audit, Compensation, and Nomination and Corporate Governance committees. The appointment is expected to enhance the Board's strategic oversight and contribute positively to the company's core portfolio management.

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Invesco Mortgage Capital Inc. reported financial results for the first quarter of 2024, showing net income per common share of $0.49, earnings available for distribution per common share of $0.86, and a common stock dividend of $0.40. The company experienced an economic return of 4.8% due to higher coupon Agency RMBS performance and wider spreads on the swap portfolio. John Anzalone, the CEO, highlighted the impact of rising interest rates on the market, leading to a positive quarter.

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Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its first quarter 2024 results on May 8, 2024. A conference call will be held on May 9, 2024, with key executives presenting. Participants can access the presentation on the company's website.

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Invesco Mortgage Capital Inc. (IVR) declared a cash dividend of $0.40 per share for the first quarter of 2024, payable on April 26, 2024. Stockholders of record on April 8, 2024, will receive the dividend, with an ex-dividend date of April 5, 2024.
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Invesco Mortgage Capital Inc. (IVR) has scheduled its 2024 Annual Meeting of Stockholders on May 7, 2024. Stockholders of record as of March 8, 2024, can attend and vote at the meeting.
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Invesco Mortgage Capital Inc. (IVR) reported financial results for Q4 2023 with net income per common share of $0.46, a significant improvement from the net loss of $1.62 in Q3 2023. Earnings available for distribution per common share were $0.95 compared to $1.51 in Q3 2023. The common stock dividend remained unchanged at $0.40 per share. Book value per common share increased to $10.00 from $9.93 in Q3 2023, resulting in an economic return of 4.7%. The debt-to-equity ratio decreased to 5.7x from 6.4x in Q3 2023. The Company's investment portfolio was predominantly in Agency RMBS, with a notable balance of unrestricted cash and unencumbered investments. John Anzalone, CEO, expressed caution regarding the near-term outlook for the Agency RMBS sector but highlighted potential benefits for investors in the long run.
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Invesco Mortgage Capital Inc. (IVR) will report its Q4 2023 results on February 22, 2024, followed by a conference call on February 23, 2024. Key executives will discuss the financial performance, with a presentation available on the company's website. Investors can participate via phone or webcast, with an audio replay option.
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Invesco Mortgage Capital Inc. (IVR) declared a cash dividend of $0.40 per share for Q4 2023, with a book value per common share estimated to be in the range of $9.82 to $10.22 as of December 15, 2023. The total investment portfolio is $5.0 billion, with a debt-to-equity ratio estimated to be in the range of 5.6x to 5.8x. The dividend will be paid on January 26, 2024, to stockholders of record on December 29, 2023, with an ex-dividend date of December 28, 2023.
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FAQ

What does Invesco Mortgage Capital Inc. do?

Invesco Mortgage Capital Inc. is a mortgage REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans.

Where is Invesco Mortgage Capital Inc. headquartered?

Invesco Mortgage Capital Inc. has offices in Atlanta, Georgia and Louisville, Kentucky, U.S.A.

What is the stock ticker symbol for Invesco Mortgage Capital Inc.?

The stock ticker symbol for Invesco Mortgage Capital Inc. is IVR, and it is listed on the New York Stock Exchange (NYSE).

Who manages Invesco Mortgage Capital Inc.?

Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Advisers, Inc., a subsidiary of Invesco Ltd.

What types of securities does Invesco Mortgage Capital Inc. invest in?

Invesco Mortgage Capital Inc. invests in residential and commercial mortgage-backed securities, including those guaranteed by U.S. government agencies and federally chartered corporations, as well as non-agency RMBS.

How does Invesco Mortgage Capital Inc. generate income?

The company generates income by investing in, financing, and managing mortgage-backed securities and loans, aiming to deliver steady returns to shareholders.

What recent achievements has Invesco Mortgage Capital Inc. reported?

In the second quarter of 2023, the company reported earnings available for distribution of $1.45 per common share, maintaining strong earnings through strategic hedging despite market challenges.

How does Invesco Mortgage Capital Inc. communicate with investors?

The company provides regular updates through earnings calls, detailed financial reports, and presentations available on its website, ensuring transparency and engagement.

What is the company's approach to market conditions?

Invesco Mortgage Capital Inc. adapts its strategies in response to market conditions, focusing on maintaining a robust balance sheet with significant unrestricted cash and unencumbered investments.

What is the primary objective of Invesco Mortgage Capital Inc.?

The primary objective is to provide attractive risk-adjusted returns to shareholders through dividends and capital appreciation from real estate-related investments.

Invesco Mortgage Capital Inc.

NYSE:IVR

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456.67M
48.83M
0.32%
42.4%
9.15%
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