Invesco Mortgage Capital Inc.
IVR-PA
New York Stock Exchange25.24
USD
-0.01
- -
Invesco Mortgage Capital Inc.
IVR-PA
(New York Stock Exchange)
Recent
price
25.24
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Invesco Mortgage Capital Inc. is a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. Its main products include Agency residential mortgage-backed securities (RMBS) guaranteed by U.S. government agencies or federally chartered corporations such as Ginnie Mae, Fannie Mae, and Freddie Mac; non-Agency RMBS; commercial mortgage-backed securities (CMBS) both Agency and non-Agency; and other real estate-related financing arrangements. The company operates primarily in the United States and conducts its business through its subsidiary IAS Operating Partnership L.P.. Founded in 2009 and headquartered in Atlanta, Georgia, Invesco Mortgage Capital is externally managed and advised by Invesco Advisers, Inc., an indirect wholly-owned subsidiary of Invesco Ltd., a leading global investment management firm. The company targets institutional and retail investors seeking risk-adjusted returns through dividend income and capital appreciation. Recent significant changes include a strategic emphasis on dividend distribution despite market volatility, with dividend payments announced for several closed-end funds in 2025. The company improved its capital structure by reducing preferred stock and funding redemption through lower cost repurchase agreements, slightly increasing its debt-to-equity ratio to 6.7x by the end of the third quarter of 2025. It continues to maintain a sizable balance of unrestricted cash and unencumbered investments. Invesco Mortgage Capital has also highlighted a cautious near-term outlook on Agency RMBS due to monetary policy shifts, while maintaining a favorable long-term outlook driven by improved demand, attractive valuations, a steeper yield curve, and potential regulatory changes increasing demand for Agency RMBS and CMBS. The firm also sold shares for net proceeds through an at-the-market program and repurchased portions of preferred stock during 2025, reflecting active capital management. In summary, Invesco Mortgage Capital Inc. operates as a mortgage REIT specializing in Agency and non-Agency RMBS and CMBS with a recent strategic focus on dividend sustainability, capital structure optimization, and a balanced market outlook amid evolving economic and regulatory conditions.