IVR Stock Summary and Trading Ideas (Invesco Mortgage Capital | NYSE:IVR)

Invesco Mortgage Capital Inc is a REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans. The company's portfolio consists of residential mortgage-backed securities (RMBS) that are guaranteed by a U.S. government agency such as the Government National Mortgage Association, or a federally chartered corporation such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; Commercial mortgage-backed securities (CMBS) that are not guaranteed by a U.S. government agency or a federally chartered corporation; RMBS that are not guaranteed by a U.S. government agency or a federally chartered corporation; and other real estate-related financing arrangements.

Invesco Mortgage Capital trades on the NYSE stock market under the symbol IVR.

As of April 18, 2024, IVR stock price declined to $8.09 with 666,549 million shares trading.

IVR has a beta of 2.64, meaning it tends to be more sensitive to market movements. IVR has a correlation of 0.58 to the broad based SPY ETF.

IVR has a market cap of $393.70 million. This is considered a Small Cap stock.

Last quarter Invesco Mortgage Capital reported $8 million in Revenue and $.95 earnings per share. This fell short of revenue expectation by $-55 million and missed earnings estimates by -$.23.

In the last 3 years, IVR stock traded as high as $46.00 and as low as $6.34.

The top ETF exchange traded funds that IVR belongs to (by Net Assets): VTI, IWM, VXF, REM, IWN.

IVR has underperformed the market in the last year with a price return of -6.6% while the SPY ETF gained +22.2%. IVR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.7% and -5.8%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

IVR support price is $7.99 and resistance is $8.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVR stock will trade within this expected range on the day.