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Invesco Mortgage Capital Inc. IVR

Listed / Traded Mortgage NYSE Mgmt:

The Company is a real estate investment trust that primarily focuses on investing in, financing and managing mortgage-backed securities and other mortgage-related assets. The Company is externally managed and advised by Invesco Advisers, Inc., a registered investment adviser and an indirect wholly-owned subsidiary of Invesco Ltd., an independent global investment management firm.

Snapshot

Price
$8.05
Market cap
$576.73M
Enterprise value
$5.86B
Dividend yieldi
17.89%
Annual dividendi
$1.44
Frequency
Monthly
FFO / sharei
Not reported (common for mortgage REITs)
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
30.86x · GAAP est.
Op. cash flow / sharei
$2.37
Price / OCFi
3.40
Payout (% of OCF)i
60.78%
Debt / book capitali
85.90%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the May 2026 earnings release (filed 2026-06-12) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Balance sheet (latest FY: 2025)

Total debt
$5.62B
Cash
$56.04M
Net debt / EBITDAi
30.86x
Debt / book capitali
85.90%
Total assets
$6.48B
Total equity
$797.54M
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $339.70M $101.29M $688.00K $321.14M $157.09M
2024 $329.27M $59.88M $587.00K $310.38M $183.16M
2023 $189.80M $-15.86M $-9.84M $222.84M $237.79M
2022 $-437.55M $-402.92M $-19.09M $-331.44M $196.08M
2021 $50.33M $-90.00M $-21.38M $-80.16M $152.29M
2020 $-1.65B $-1.67B $-23.28M $0.00 $170.46M

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-232026-06-232026-07-15 2026-06-12$0.12Monthly
2026-05-262026-05-262026-06-12 2026-05-14$0.12Monthly
2026-04-272026-04-272026-05-14 2026-04-15$0.12Monthly
2026-03-242026-03-242026-04-14 2026-03-13$0.12Monthly
2026-02-242026-02-242026-03-13 2026-02-13$0.12Monthly
2026-01-262026-01-262026-02-13 2026-01-15$0.12Monthly
2025-12-292025-12-292026-01-23 2025-12-18$0.36Irregular
2025-10-062025-10-062025-10-24 2025-09-24$0.34Quarterly
2025-07-072025-07-072025-07-25 2025-06-24$0.34Quarterly
2025-04-072025-04-072025-04-25 2025-03-25$0.34Quarterly
2024-12-302024-12-302025-01-24 2024-12-19$0.40Irregular
2024-10-072024-10-072024-10-25 2024-09-24$0.40Quarterly
2024-07-052024-07-052024-07-26 2024-06-24$0.40Quarterly
2024-04-052024-04-082024-04-26 2024-03-26$0.40Quarterly
2023-12-282023-12-292024-01-26 2023-12-19$0.40Quarterly
2023-10-052023-10-092023-10-27 2023-09-26$0.40Quarterly
2023-06-302023-07-032023-07-27 2023-06-21$0.40Quarterly
2023-04-062023-04-102023-04-27 2023-03-27$0.40Quarterly
2023-01-062023-01-092023-01-27 2022-12-19$0.65Quarterly
2022-10-072022-10-112022-10-27 2022-09-28$0.65Quarterly
2022-07-082022-07-112022-07-27 2022-06-27$0.90Quarterly
2022-04-072022-04-082022-04-27 2022-03-28$0.09Quarterly
2022-01-102022-01-112022-01-27 2021-12-27$0.09Quarterly
2021-10-082021-10-122021-10-26 2021-09-28$0.09Quarterly

Coverage (payout of operating cash flow): 60.78%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.