Invesco Mortgage Capital Inc. is a US-listed company in the mortgage REITs industry. Its financial year ends in December.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Invesco Mortgage Capital has little or no product revenue yet. The diluted share count is up 28.2% on a year earlier, which dilutes existing holders.
Our model value for Invesco Mortgage Capital is under review, so past values are not shown until it is resolved.
Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Current signal Net margin expanding: TTM net margin reached 212.3%, up 77.6pp year over year.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No model value for Invesco Mortgage Capital Inc. at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Invesco Mortgage Capital Inc. as a mortgage reit, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.84 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$3.0 ~$2.5–$5.1 | Included |
| Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. | ~$22 ~$19–$26 | Included |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Invesco Mortgage Capital Inc. with mortgage REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Next results: January 28, 2027, after the close. Analysts expect revenue of $58m and EPS of $0.44 (range $0.39 to $0.47) for the quarter.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.93 | −18% | $226m | +20% |
| Next | $1.66 | −14% | $244m | +8% |
Next year's EPS estimate has moved −17.6% in 90 days, across 6 analysts.
The consensus EPS forecast for the current fiscal year is −6.2% on 90 days ago. In the last 30 days, 1 analyst raised Invesco Mortgage Capital Inc.'s forecast and 4 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $2.06 | $2.02 |
| 60 days ago | $1.94 | $1.73 |
| 30 days ago | $1.95 | $1.74 |
| 7 days ago | $1.94 | $1.73 |
| Now | $1.93 | $1.66 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2026 | $0.46 | $0.47 | +3.1% |
| Jun 2026 | $0.52 | $0.50 | −3.3% |
| Mar 2026 | $0.55 | $0.55 | −0.4% |
| Dec 2025 | $0.56 | $0.56 | +0.3% |
Adjusted EPS as companies report it, against the average analyst estimate.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| IVR | −9% | −45% | −14% | +9% | +25% | −25% |
| Industry peers (median) | +26% | −21% | +17% | +3% | +6% | −21% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| IVR | 42% | 42% | 42% | 67% | 75% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| IVR | −34% | −65% | −53% | −15% | −26% | −36% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 94% from February 20, 2020 to October 25, 2023. Getting back needed a 1645% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 29, 2026 | −2.6% | −2.1% | — | — |
| October 14, 2026 | +0.7% | −0.8% | −3.2% | — |
| July 30, 2026 | 0.0% | +2.4% | −0.1% | +0.9% |
| July 15, 2026 | +1.1% | −0.1% | −3.1% | −6.2% |
| April 30, 2026 | +3.0% | +1.3% | −0.7% | −1.2% |
| January 29, 2026 | −4.0% | −0.5% | −1.9% | −5.3% |
| October 30, 2025 | +3.2% | −0.8% | +5.6% | +12.2% |
| July 24, 2025 | +1.2% | +0.5% | −0.8% | +2.5% |
| May 7, 2025 | +3.8% | +1.1% | +5.6% | +5.4% |
| February 20, 2025 | −0.2% | −2.1% | −0.9% | −2.5% |
| November 5, 2024 | −1.0% | +3.7% | +2.5% | +3.7% |
| August 8, 2024 | +1.5% | +2.8% | −0.1% | −0.2% |
Source: SEC EDGAR filings. Retrieved November 1, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY13 Q4 | $213.9M |
| FY14 Q1 | $62.4M |
| FY14 Q2 | -$157.2M |
| FY14 Q3 | -$146.5M |
| FY14 Q4 | -$178M |
| FY15 Q1 | -$120.8M |
| FY15 Q2 | $93.2M |
| FY15 Q3 | -$47.3M |
| Fiscal year | 2012 Dec 2012 | 2013 Dec 2013 | 2014 Dec 2014 | LTM Sept 2015 |
|---|---|---|---|---|
| Income | ||||
| Revenue | 382 | 214 | −168 | −47 |
| Net income | 339 | 158 | −215 | −100 |
| Diluted EPS | $28.80 | $11.10 | −$18.90 | −$7.81 |
| Growth (year on year) | ||||
| Revenue | — | −44.1% | −178.4% | — |
| Net income | — | −53.3% | −236.0% | — |
| Diluted EPS | — | −61.5% | −270.3% | — |
| Margins | ||||
| Net margin | 88.6% | 74.0% | 128.3% | 212.3% |
| Cash flow | ||||
| Cash from operations | 427 | 490 | 380 | 377 |
| Stock-based pay | 0 | 0 | 1 | 1 |
| Balance sheet | ||||
| Cash | 286 | 211 | 164 | 77 |
| Total debt | 0 | 1,644 | 2,930 | — |
| Net debt (negative = net cash) | −286 | 1,433 | 2,766 | −77 |
| Diluted shares | 12m | 13m | 12m | 13m |
| Returned to shareholders | ||||
| Dividends | −5 | 333 | 265 | 254 |
| Buybacks | 0 | 161 | 21 | 50 |
| Total returned | −5 | 493 | 286 | 304 |
| Quarter | 2014 Q1 Mar 2014 | 2014 Q2 Jun 2014 | 2014 Q3 Sept 2014 | 2014 Q4 Dec 2014 | 2015 Q1 Mar 2015 | 2015 Q2 Jun 2015 | 2015 Q3 Sept 2015 | 2016 Q1 Mar 2016 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | −52 | −51 | 14 | −89 | 5 | 163 | −127 | −141 |
| Net income | −64 | −63 | 1 | −102 | −8 | 148 | −139 | −150 |
| Diluted EPS | −$5.40 | −$5.30 | −$0.20 | −$8.90 | −$1.10 | $10.60 | −$11.80 | −$13.80 |
| Growth (year on year) | ||||||||
| Revenue | −152.3% | −130.1% | +358.4% | — | — | — | <−999% | <−999% |
| Net income | −174.0% | −141.3% | — | — | — | — | <−999% | — |
| Diluted EPS | −184.4% | −152.0% | — | — | — | — | — | — |
| Margins | ||||||||
| Net margin | 123.1% | 124.2% | 3.9% | 114.3% | −156.3% | 90.7% | 109.5% | 106.9% |
| Cash flow | ||||||||
| Cash from operations | 89 | 98 | 92 | 101 | 87 | 100 | 89 | 79 |
| Stock-based pay | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Blackrock, Inc. | $69.6M | 8.8M | 20.6% | ▲ 22.2% |
| Vanguard Capital Management LLC | $31.6M | 4.0M | 9.4% | ▲ 18.4% |
| Mirae Asset Global Etfs Holdings Ltd. | $26.1M | 3.3M | 7.7% | ▲ 38.9% |
| Invesco Ltd. | $19.2M | 2.4M | 5.7% | ▲ 12.3% |
| Geode Capital Management, LLC | $18.8M | 2.4M | 5.6% | ▲ 32.8% |
| State Street Corp | $14.8M | 1.8M | 4.4% | ▲ 31.6% |
| Two Sigma Investments, LP | $10.2M | 1.3M | 3.0% | ▼ 41.4% |
| Ascentis Wealth Management, LLC | $10.2M | 1.3M | 3.0% | New |
| Northern Trust Corp | $8.8M | 1.1M | 2.6% | ▲ 87.0% |
| Van Eck Associates Corp | $8.5M | 1.1M | 2.5% | ▲ 10.6% |
| D. E. Shaw & Co., Inc. | $8M | 1.0M | 2.4% | ▼ 5.2% |
| Vanguard Portfolio Management LLC | $6M | 756K | 1.8% | ▲ 34.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Invesco Mortgage Capital Inc.'s complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Gregson Mark William Chief Financial Officer | May 5, 2026 | Buy | 1,750 | $8.03 | $14,052 |
| Waldner Robert Director | February 27, 2026 | Buy | 1,000 | $8.45 | $8,450 |
| Fleshman Robert L Director | November 10, 2025 | Sell | 2,000 | $24.72 | $49,440 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around January 14, 2027 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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