We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Invesco Mortgage Capital (IVR) Falls More Steeply Than Broader Market: What Investors Need to Know
Read MoreHide Full Article
In the latest trading session, Invesco Mortgage Capital (IVR - Free Report) closed at $5.62, marking a -1.75% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
The real estate investment trust's stock has dropped by 20.33% in the past month, falling short of the Finance sector's loss of 4.09% and the S&P 500's gain of 1.4%.
Investors will be eagerly watching for the performance of Invesco Mortgage Capital in its upcoming earnings disclosure. In that report, analysts expect Invesco Mortgage Capital to post earnings of $0.46 per share. This would mark a year-over-year decline of 20.69%.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.97 per share and revenue of $0 million, which would represent changes of -16.17% and 0%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates 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 reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Invesco Mortgage Capital is holding a Zacks Rank of #5 (Strong Sell) right now.
Valuation is also important, so investors should note that Invesco Mortgage Capital has a Forward P/E ratio of 2.9 right now. Its industry sports an average Forward P/E of 7.02, so one might conclude that Invesco Mortgage Capital is trading at a discount comparatively.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 211, putting it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Invesco Mortgage Capital (IVR) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Invesco Mortgage Capital (IVR - Free Report) closed at $5.62, marking a -1.75% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
The real estate investment trust's stock has dropped by 20.33% in the past month, falling short of the Finance sector's loss of 4.09% and the S&P 500's gain of 1.4%.
Investors will be eagerly watching for the performance of Invesco Mortgage Capital in its upcoming earnings disclosure. In that report, analysts expect Invesco Mortgage Capital to post earnings of $0.46 per share. This would mark a year-over-year decline of 20.69%.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.97 per share and revenue of $0 million, which would represent changes of -16.17% and 0%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates 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 reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Invesco Mortgage Capital is holding a Zacks Rank of #5 (Strong Sell) right now.
Valuation is also important, so investors should note that Invesco Mortgage Capital has a Forward P/E ratio of 2.9 right now. Its industry sports an average Forward P/E of 7.02, so one might conclude that Invesco Mortgage Capital is trading at a discount comparatively.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 211, putting it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.