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Invesco Mortgage Capital (IVR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Invesco Mortgage Capital (IVR - Free Report) closed at $7.81 in the latest trading session, marking a -2.98% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.74%. Elsewhere, the Dow lost 1.01%, while the tech-heavy Nasdaq lost 2.38%.
Shares of the real estate investment trust witnessed a loss of 4.05% over the previous month, beating the performance of the Finance sector with its loss of 6.39%, and the S&P 500's loss of 4.99%.
Analysts and investors alike will be keeping a close eye on the performance of Invesco Mortgage Capital in its upcoming earnings disclosure.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.2 per share and a revenue of $0 million, signifying shifts of -6.38% and 0%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Invesco Mortgage Capital. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Invesco Mortgage Capital is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Invesco Mortgage Capital is presently trading at a Forward P/E ratio of 3.66. This represents a discount compared to its industry average Forward P/E of 7.53.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 205, this industry ranks in the bottom 17% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Invesco Mortgage Capital (IVR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Invesco Mortgage Capital (IVR - Free Report) closed at $7.81 in the latest trading session, marking a -2.98% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.74%. Elsewhere, the Dow lost 1.01%, while the tech-heavy Nasdaq lost 2.38%.
Shares of the real estate investment trust witnessed a loss of 4.05% over the previous month, beating the performance of the Finance sector with its loss of 6.39%, and the S&P 500's loss of 4.99%.
Analysts and investors alike will be keeping a close eye on the performance of Invesco Mortgage Capital in its upcoming earnings disclosure.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.2 per share and a revenue of $0 million, signifying shifts of -6.38% and 0%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Invesco Mortgage Capital. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Invesco Mortgage Capital is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Invesco Mortgage Capital is presently trading at a Forward P/E ratio of 3.66. This represents a discount compared to its industry average Forward P/E of 7.53.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 205, this industry ranks in the bottom 17% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.