earnings
confidence high
sentiment negative
materiality 0.75
Invesco Mortgage Capital Q1 net income $0.26/share; book value declines to est. $7.74-8.06 in April
Invesco Mortgage Capital Inc.
2025-Q1 EPS reported
$0.26
- Q1 net income per share $0.26 vs net loss of $0.09 in Q4; earnings available for distribution $0.64 per share.
- Common stock dividend cut to $0.34 per share from $0.40 in prior quarter.
- Book value per share fell to $8.81 at March 31 from $8.92; estimated at $7.74–$8.06 as of April 30 due to market volatility.
- Investment portfolio reduced to $5.1B (82% Agency RMBS, 18% Agency CMBS) as of April 30 vs $5.9B at Q1 end.
- Debt-to-equity ratio increased to 7.1x from 6.7x; CEO cites cautious near-term outlook but favorable long-term view for Agency RMBS.