Invesco Mortgage Capital (IVR) Advances But Underperforms Market: Key Facts

Invesco Mortgage Capital (IVR) closed the latest trading day at $6.35, indicating a +0.32% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.81%. Meanwhile, the Dow experienced a rise of 1.56%, and the technology-dominated Nasdaq saw an increase of 2.06%.Shares of the real estate investment trust have depreciated by 25.44% over the course of the past month, underperforming the Finance sector's loss of 4.82% and the S&P 500's loss of 6.14%.Analysts and investors alike will be keeping a close eye on the performance of Invesco Mortgage Capital in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.56, marking a 34.88% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $14.79 million, showing a 111.29% escalation compared to the year-ago quarter.For the full year, the Zacks Consensus Estimates project earnings of $2.22 per share and a revenue of $92.8 million, demonstrating changes of -22.92% and +151.99%, respectively, from the preceding year.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Invesco Mortgage Capital. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 11.04% lower. At present, Invesco Mortgage Capital boasts a Zacks Rank of #4 (Sell).Looking at valuation, Invesco Mortgage Capital is presently trading at a Forward P/E ratio of 2.86. This signifies a discount in comparison to the average Forward P/E of 7.02 for its industry.The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 229, putting it in the bottom 8% of all 250+ industries.The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INVESCO MORTGAGE CAPITAL INC (IVR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks