earnings
confidence high
sentiment neutral
materiality 0.65
Invesco Mortgage Q3 net income $0.63/share; BV $9.37; Oct 31 BV estimate $8.42-$8.76
Invesco Mortgage Capital Inc.
2024-Q3 EPS reported
$0.78
- Q3 net income per common share $0.63 compared to Q2 net loss $0.38; earnings available for distribution $0.68 vs $0.86.
- Book value per common share $9.37, up 1.1% from June 30; estimated BV Oct. 31 $8.42-$8.76 (midpoint ~$8.59).
- Common dividend unchanged at $0.40/share; economic return 5.4% vs (4.1)% in Q2.
- Board appointed Robert L. Fleshman, former Deloitte partner, as director effective Nov 8, 2024; board expanded to nine.
- Portfolio $5.9B (Agency RMBS/CMBS); debt-to-equity 6.1x; $521M liquidity; Series B Preferred redemption announced.