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IV

Invesco Mortgage Capital Inc.

IVRReal EstateNASDAQ

REIT - Mortgage

PriceMA150MA200
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Financials · Annual
Revenue
$119.8M
+50.6% YoY
Net Income
$101.3M
+69.1% YoY

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About Invesco Mortgage Capital Inc.

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. The $730.5M market capitalization puts IVR squarely in small-cap range for its industry. The company invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by the United States (U.S.) government agency or federally chartered corporation; RMBS and CMBS that are not issued or guaranteed by the U.S.

Key stats
Market Cap$730.5M
P/E (TTM)10.09
Fwd P/E3.69
EPS$0.78
Beta1.60
52W Change+6.6%
Dividend Yield18.30%
ROE7.5%
Analysis

Invesco Mortgage Capital Inc. carries $5.37B in total debt against $53.7M in cash reserves — debt is roughly 99.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. ROE of 7.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.0% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$377.2M (2022) to $119.8M (2025), reflecting a 132% increase over the period.

With a beta above 1.5, IVR tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Invesco Mortgage Capital Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Invesco Mortgage Capital Inc.'s trajectory.

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