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Invesco Mortgage Capital (IVR) Stock Declines While Market Improves: Some Information for Investors

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Invesco Mortgage Capital (IVR - Free Report) ended the recent trading session at $7.43, demonstrating a -2.24% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.48%. Elsewhere, the Dow saw an upswing of 0.27%, while the tech-heavy Nasdaq appreciated by 0.94%.

Heading into today, shares of the real estate investment trust had lost 0.91% over the past month, lagging the Finance sector's gain of 2.95% and the S&P 500's gain of 2.46%.

The investment community will be paying close attention to the earnings performance of Invesco Mortgage Capital in its upcoming release. The company is forecasted to report an EPS of $0.53, showcasing a 22.06% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $21.44 million, reflecting a 185.49% rise from the equivalent quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.25 per share and a revenue of $83.91 million, representing changes of -21.88% and +127.85%, respectively, from the prior year.

Investors should also take note of any recent adjustments to analyst estimates for Invesco Mortgage Capital. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Invesco Mortgage Capital presently features a Zacks Rank of #2 (Buy).

Looking at its valuation, Invesco Mortgage Capital is holding a Forward P/E ratio of 3.38. Its industry sports an average Forward P/E of 9.07, 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 industry, currently bearing a Zacks Industry Rank of 191, finds itself in the bottom 23% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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