Invesco Mortgage Capital Inc. (IVR) is a real estate investment trust (REIT) that focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. The company’s portfolio includes residential and commercial mortgage-backed securities, both agency-backed and non-agency.

Recent Financial Performance:

In the third quarter of 2024, IVR reported a net income per common share, indicating a slight increase in book value. The company declared a cash dividend of $0.40 per share for the quarter, maintaining its dividend payout.

Dividend Yield:

As of December 2024, IVR announced a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of approximately 18.63%.

Analyst Ratings:

Analysts have provided mixed ratings for IVR, with the current consensus being 0 Buy, 2 Hold, and 1 Sell recommendations. The average price target over the past three months is $8.00, suggesting a potential downside from the current price.

Stock Volatility:

IVR has a beta of 1.84, indicating higher volatility compared to the broader market. Over the past year, the stock has underperformed the U.S. market, with a slight decrease in price.

Upcoming Earnings:

IVR is scheduled to announce its fourth-quarter 2024 results on February 20, 2025, after market close. Investors will be keen to assess the company’s performance and any updates on its investment strategy.

Conclusion:

Invesco Mortgage Capital Inc. offers an attractive dividend yield, but potential investors should be mindful of the stock’s higher volatility and the mixed analyst outlook. It’s essential to monitor the upcoming earnings release and broader market conditions when considering an investment in IVR.