Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 23rd:

Invesco Mortgage Capital Inc. (IVR Quick QuoteIVR - Free Report) : This real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days.

INVESCO MORTGAGE CAPITAL INC Price and Consensus

INVESCO MORTGAGE CAPITAL INC price-consensus-chart | INVESCO MORTGAGE CAPITAL INC Quote

Invesco Mortgage has a price-to-earnings ratio (P/E) of 2.20, compared with 10.60 for the industry. The company possesses a Value Score  of A.

INVESCO MORTGAGE CAPITAL INC PE Ratio (TTM)

INVESCO MORTGAGE CAPITAL INC pe-ratio-ttm | INVESCO MORTGAGE CAPITAL INC Quote

Costamare Inc. (CMRE Quick QuoteCMRE - Free Report) : This operator of containerships and dry bulk vessels chartered to liner companies carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12% over the last 60 days.

Costamare Inc. Price and Consensus

Costamare Inc. price-consensus-chart | Costamare Inc. Quote

Costamare has a price-to-earnings ratio (P/E) of 4.76, compared with 11.40 for the industry. The company possesses a Value Score of A.

Costamare Inc. PE Ratio (TTM)

Costamare Inc. pe-ratio-ttm | Costamare Inc. Quote

SM Energy Company (SM Quick QuoteSM - Free Report) : This independent crude oil and natural gas company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

SM Energy Company Price and Consensus

SM Energy Company price-consensus-chart | SM Energy Company Quote

SM Energy has a price-to-earnings ratio (P/E) of 7.51, compared with 21.54 for the S&P 500. The company possesses a Value Score of A.

SM Energy Company PE Ratio (TTM)

SM Energy Company pe-ratio-ttm | SM Energy Company Quote

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.