We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
In the latest trading session, Invesco Mortgage Capital (IVR - Free Report) closed at $10.18, marking a +0.99% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.23%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.09%.
Prior to today's trading, shares of the real estate investment trust had lost 5.53% over the past month. This has lagged the Finance sector's gain of 0.34% and the S&P 500's loss of 1.43% in that time.
Wall Street will be looking for positivity from Invesco Mortgage Capital as it approaches its next earnings report date. On that day, Invesco Mortgage Capital is projected to report earnings of $1.40 per share, which would represent year-over-year growth of 0.72%.
Investors should also note any recent changes to analyst estimates for Invesco Mortgage Capital. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Invesco Mortgage Capital currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, Invesco Mortgage Capital is holding a Forward P/E ratio of 1.84. This valuation marks a discount compared to its industry's average Forward P/E of 7.13.
The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 213, which puts it in the bottom 16% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Invesco Mortgage Capital (IVR) Gains As Market Dips: What You Should Know
In the latest trading session, Invesco Mortgage Capital (IVR - Free Report) closed at $10.18, marking a +0.99% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.23%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.09%.
Prior to today's trading, shares of the real estate investment trust had lost 5.53% over the past month. This has lagged the Finance sector's gain of 0.34% and the S&P 500's loss of 1.43% in that time.
Wall Street will be looking for positivity from Invesco Mortgage Capital as it approaches its next earnings report date. On that day, Invesco Mortgage Capital is projected to report earnings of $1.40 per share, which would represent year-over-year growth of 0.72%.
Investors should also note any recent changes to analyst estimates for Invesco Mortgage Capital. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Invesco Mortgage Capital currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, Invesco Mortgage Capital is holding a Forward P/E ratio of 1.84. This valuation marks a discount compared to its industry's average Forward P/E of 7.13.
The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 213, which puts it in the bottom 16% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.