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IVRInvesco Mortgage Capital Inc.
$6.46$665M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
IVR logo

Invesco Mortgage Capital Inc.

IVR
NYSE · Mortgage REITs
$6.46
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$665M
P/E4.9x
52W High$9.50
Volume2.19M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Agency Shift Stabilizes Earnings Amid High Leverage

Invesco Mortgage Capital's pivot toward Agency RMBS and a 13% equity build to $990.3M in 2026Q2 suggest a defensive repositioning, yet the mREIT remains highly leveraged with a debt-to-equity ratio of 6.27 and a thin liquidity cushion of $73.4M cash (1.0% of a...

GrowthMixed
ProfitabilityStrained
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

IVR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-32% Peers

P/E is 32% below peer median

03

Market leadership

RS 20 · Lag

Laggard (Underperforming 80% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
IVR-12.50%
S&P 500 (^GSPC)+12.39%
1-Year Return
IVR+11.08%
S&P 500 (^GSPC)+15.77%
3-Year Return
IVR+16.06%
S&P 500 (^GSPC)+76.09%
5-Year Return
IVR-43.06%
S&P 500 (^GSPC)+73.29%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
4.9x
Forward P/EExpansion
3.3x
EV/EBITDA100th %ile
61.1x
FCF YieldCash Flow
23.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
4.9x
12.4x
0th· Low
EV/EBITDA
61.1x
21.3x
100th· High
Price/FCF
4.2x
2.4x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$340M+3.2% YoY
Net income
$101M+69.2% YoY
Free cash flow
$157M-14.2% YoY
Operating margin
29.8%-64.3 pts YoY
ROIC (TTM)1.3%
Avg ROIC 5Y-
ROE (TTM)13.3%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate2/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.50-0.4%
vs $0.50
$30M-35.2%
vs $46M
Q2 2026
Apr 30, 2026
$0.55+0.0%
vs $0.55
$27M-32.0%
vs $40M
Q1 2026
Jan 29, 2026
$0.56-3.4%
vs $0.58
$21M-41.6%
vs $36M
Q4 2025
Oct 30, 2025
$0.58+3.9%
vs $0.56
$54M+12.7%
vs $48M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
24/7 Wall Street·5d ago
These Huge Mortgage REIT Yields Are Really a Bet on Interest Rates

Six mortgage REITs are dangling yields above 10%, but the spread holding those payouts together just hit a one-year low. Here is what the coverage numbers and management language reveal about which dividends are already under pressure.

Seeking Alpha·5d ago
Monthly-Paid Dividends: 28 IDEAL 'Safer' September Dog Buys

Monthly pay dividend equities offer yields up to 22.05% and projected net gains of 28.23%–72.96% by 2027, per analyst targets. Top MoPay stocks like PEYUF, IPOOF, IVR, ORC, and ARR combine high yield with significant upside, though volatility and dividend sustainability remain key risks. Analyst-based strategies show 15–80% accuracy in identifying top gainers among MoPay stocks, with low-priced names offering a 1.15% net gain advantage.

Zacks Investment Research·6d ago
Invesco Mortgage Capital (IVR) Exceeds Market Returns: Some Facts to Consider

Invesco Mortgage Capital (IVR) closed the most recent trading day at $6.54, moving +1.24% from the previous trading session.

Defense World·6d ago
Engineers Gate Manager LP Sells 97,498 Shares of Invesco Mortgage Capital Inc $IVR

Engineers Gate Manager LP trimmed its position in Invesco Mortgage Capital Inc (NYSE: IVR) by 30.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 225,000 shares of the real estate investment trust's stock after selling 97,498 shares during the

Filtered for Invesco Mortgage Capital Inc.More Headlines
04

Compare before deciding

Benchmark IVR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Invesco Mortgage Capital Inc. (IVR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
IVR logoIVRInvesco Mortgage Capital Inc.Current
$6.46$665.02M4.893.17%29.82%13.26%24.96%
AGNC logoAGNCAGNC Investment Corp.
$9.91$11.38B6.74-60.79%43.6%12.7%—
NLY logoNLYAnnaly Capital Management, Inc.
$21.04$15.79B7.215.35%40.52%18.31%—
DX logoDXDynex Capital, Inc.
$11.73$1.78B4.7567.76%49.18%16.91%—
MFA logoMFAMFA Financial, Inc.
$8.32$849.42M4.95213.02%19.71%8.23%—
TWO logoTWOTwo Harbors Investment Corp.
$12.18$1.28B-2.79-28.4%-2.53%-1.23%—

Compare IVR vs Peers

Invesco Mortgage Capital Inc. (IVR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AGNC

Most directly comparable listed peer for IVR.

Scale Benchmark

vs RKT

Larger-name benchmark to compare IVR against a more recognizable public peer.

Peer Set

Compare Top 5

vs AGNC, NLY, DX, MFA

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

IVR SEC Filings & Documents

Invesco Mortgage Capital Inc. (IVR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 14, 2026·SEC

Material company update

Aug 3, 2026·SEC

Material company update

Jul 30, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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IVR Frequently Asked Questions

Invesco Mortgage Capital Inc. (IVR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Invesco Mortgage Capital Inc.'s revenue?

Invesco Mortgage Capital Inc. (IVR) reported $310.5M in revenue for fiscal year 2025. This represents a 1385% increase from $20.9M in 2009.

How fast is Invesco Mortgage Capital Inc. growing?

Invesco Mortgage Capital Inc. (IVR) grew revenue by 3.2% over the past year. Growth has been modest.

Is IVR profitable?

Yes, Invesco Mortgage Capital Inc. (IVR) is profitable, generating $120.1M in net income for fiscal year 2025 (29.8% net margin).

Dividend & Returns
Does IVR pay dividends?

Yes, Invesco Mortgage Capital Inc. (IVR) pays a dividend with a yield of 24.96%. This makes it attractive for income-focused investors.

What is IVR's return on equity?

Invesco Mortgage Capital Inc. (IVR) has a return on equity (ROE) of 13.3%. This is reasonable for most industries.

Industry Metrics
What is Invesco Mortgage Capital Inc.'s FFO?

Invesco Mortgage Capital Inc. (IVR) generated Funds From Operations (FFO) of $114.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is IVR a good dividend stock?

Invesco Mortgage Capital Inc. (IVR) offers a 24.96% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in IVR back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →