On Thursday, Invesco Mortgage Capital Inc. (NYSE: IVR) closed with decline of -0.86% to $-0.14. Recent traded volume was 548,273 million shares versus to it an average volume of 1,309,673 million shares. The company holds 111.64M million shares outstanding and market cap of 1.829B billion. The stock’s day range was recorded between a low of $16.17 and a high $16.37. The one year high of the company is $18.86 and the one year low is $15.15.
Invesco Mortgage Capital Inc. (IVR) recently reported financial results for the quarter ended December 31, 2017.
- FIRST QUARTER 2017 net income attributable to ordinary stockholders of $137.4Mor $1.23 basic earnings per ordinary share (“EPS”) contrast to $49.1M or $0.44 basic EPS in THIRD QUARTER 2017
- FIRST QUARTER 2017 core earnings* of $52.5Mor core EPS of $0.47 contrast to $49.1M or core EPS of $0.44 in THIRD QUARTER 2017
- FIRST QUARTER 2017 book value per diluted ordinary share*** of $18.35contrast to $18.34 at THIRD QUARTER 2017 and $17.48 at FIRST QUARTER 2016
- FIRST QUARTER 2017 ordinary stock dividend raised to $0.42per share
“We are happy to report our fourth consecutive quarter of growth in core earnings and another year of strong economic returns,” stated John Anzalone, Chief Executive Officer. “We also raised our ordinary stock dividend for the second consecutive quarter reflecting the core earnings power of our portfolio. Additionally, the credit profile of our investment portfolio continues to strengthen as a result of further improvement in residential and commercial mortgage fundamentals.”
**Economic return for the quarter ended December 31, 2017 is defined as the change in book value per diluted ordinary share from September 30, 2017 to December 31, 2017 of $0.01; plus dividends reported of $0.42 per ordinary share; divided by the September 30, 2017 book value per diluted ordinary share of $18.34. Economic return for the twelve months ended December 31, 2017 is defined as the change in book value per diluted ordinary share from December 31, 2016to December 31, 2017 of $0.87; plus dividends reported of $1.63 per ordinary share; divided by the December 31, 2016 book value per diluted ordinary share of $17.48.
***Book value per diluted ordinary share is calculated as total equity less the liquidation preference of our Series A Preferred Stock ($140.0M), Series B Preferred Stock ($155.0M) and Series C Preferred Stock ($287.5M); divided by total ordinary shares outstanding plus Operating Joint Venture Units convertible into shares of ordinary stock (1,425,000 shares).
The average true range of Invesco Mortgage Capital Inc.’s (IVR) is recorded at 0.23 and the relative strength index of the stock stands 48.45. The stock price is going above to its 52 week low with 6.80% and lagging behind from its 52 week high with -14.21%. Analyst recommendation for this stock stands at 2.80. A look on the firm performance, its monthly performance is -1.52% and a quarterly performance of -7.75%. The stock price is trading downbeat from its 200 days moving average with -4.68% and up from 50 days moving average with 0.63%.