Invesco Mortgage (7M20) Stock Price & Analysis
7M20 Stock Chart & Stats
- Day’s Range
- EUR 4.83 - EUR 4.89
- 52-Week Range
- EUR 4.63 - EUR 8.08
- Previous Close
- EUR 4.90
- Volume
- 191
- Average Volume (3M)
- 33
- Market Cap
- EUR 510.07M
- Enterprise Value
- EUR 7.24B
- Total Cash (Recent Filing)
- EUR 73.38M
- Total Debt (Recent Filing)
- EUR 6.21B
- Price to Earnings (P/E)
- ―
- Beta
- 0.61
- Next Earnings
- Feb 25, 2027 (Est.)
- EPS Estimate
- 0.39
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 27.94%
Bulls Say, Bears Say
Bulls Say
Improved Profitability
The return to positive TTM earnings and a strong net margin indicates meaningful recovery from prior loss years. Higher revenue and profitability can support portfolio reinvestment and dividend capacity, although durability will depend on maintaining favorable mortgage spreads and controlling financing costs.
Liquidity And Hedging
A substantial liquidity reserve and near-complete hedge coverage provide important protection for a leveraged mortgage portfolio. These resources can help IVR withstand valuation or funding stress, preserve flexibility to invest, and reduce direct exposure to changes in borrowing costs over the next several quarters.
Portfolio Positioning
The shift toward specified pools shows active portfolio management aimed at improving convexity and relative value. Combined with management’s constructive Agency RMBS and CMBS outlook, this positioning may strengthen risk-adjusted returns and diversify exposure within the agency mortgage market.
Bears Say
High Leverage
Very high leverage and a relatively thin equity base leave limited protection against declines in mortgage-asset values or disruptions in financing markets. Although leverage improved from the prior year, the capital structure can still amplify book-value volatility and constrain strategic flexibility during stress.
Book-Value Volatility
The sharp quarterly economic loss and book-value decline demonstrate that rate and mortgage-spread movements can materially impair shareholder returns even when dividends continue. Repeated volatility can weaken capital support, raise leverage sensitivity, and make reported earnings less dependable across market cycles.
Cyclical Earnings And Debt Coverage
Cash generation has improved, but its small coverage of total debt highlights continuing refinancing and funding sensitivity. The history of substantial losses also suggests that current margins may not persist through changing rates, spreads, prepayments, and other mortgage-market conditions.
7M20 FAQ
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When is Invesco Mortgage’s upcoming earnings report date?
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Does Invesco Mortgage pay dividends?
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What is the TipRanks Smart Score and how is it calculated?
Invesco Mortgage Stock Smart Score
Company Description
Invesco Mortgage
Invesco Mortgage Capital Inc. functions as a real estate investment trust (REIT), concentrating on acquiring, funding, and overseeing a diverse portfolio of mortgage-backed securities and other assets linked to real estate. Its holdings include both residential and commercial mortgage-backed securities, encompassing those guaranteed by U.S. government agencies or federally chartered corporations, as well as those lacking such guarantees. The company also invests in credit risk transfer (CRT) securities—unsecured obligations from government-sponsored enterprises—alongside residential and commercial mortgage loans, and various other real estate-related financial arrangements. Established in 2008 and based in Atlanta, Georgia, the company has opted for REIT tax status, which typically allows it to bypass federal corporate income taxes by distributing at least 90% of its taxable earnings to shareholders.
- Sector
- Realestate
- Industry
- REIT - Mortgage
- CEO
- Kevin Collins
- Employees
- 0
- Website
- www.invescomortgagecapital.com
- Address
- 1331 Spring Street, N.W., Atlanta, GA, 30309, US
Invesco Mortgage (7M20) Earnings & Revenues
7M20 Company Deck
7M20 Earnings Call
Earnings Call SentimentNeutral
The call presented a challenging third-quarter result, with a -11.6% economic return, a 16.1% decline in book value per share, higher leverage and materially wider Agency RMBS spreads. These negatives were balanced by a roughly 6% quarter-to-date economic return, ample liquidity, 99% hedge coverage, stable funding markets, active portfolio repositioning toward specified pools, attractive stated ROEs and a constructive outlook for Agency RMBS and Agency CMBS. Overall, management sounded cautiously constructive, but the significant realized quarterly loss and ongoing market uncertainty kept the tone balanced.
View all DE:7M20 earnings summaries7M20 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 6 | 10 |
| Technical Analysis | 2 | 6 | 2 |
| Moving Averages | 4 | 0 | 8 |