Invesco Mortgage Capital Falls Short of Market Decline, Analysts Reassess Earnings Estimates

Invesco Mortgage Capital (IVR) declined by -5.45% to $7.64, falling short of the S&P 500's -1.51% loss. The real estate investment trust's performance was narrower than the Finance sector's -6.38% loss and the S&P 500's -3.63% loss. Analysts predict earnings of $2.2 per share and revenue of $0 million for the fiscal year, indicating -6.38% and 0% changes from the former year, respectively. The Zacks Rank is #3 (Hold), and the Forward P/E ratio is 3.67, representing a discount compared to the industry average of 7.9.