Shares of Invesco Mortgage Capital Inc. (IVR) rose 0.11% to $8.91 in intraday trading on Friday. The move followed the release of fourth-quarter results which showed a rise in book value despite lower-than-expected earnings. The stock is currently trading within a 52-week range of $5.85 to $9.50, showing a recovery from mid-year lows. Company Description […]
Shares of Invesco Mortgage Capital Inc. (IVR) rose 0.11% to $8.91 in intraday trading on Friday. The move followed the release of fourth-quarter results which showed a rise in book value despite lower-than-expected earnings. The stock is currently trading within a 52-week range of $5.85 to $9.50, showing a recovery from mid-year lows. Company Description […]
$8.91
Approximately $516 million
IVR trades at a price-to-book (P/B) ratio of 1.02x based on its reported fourth-quarter book value of $8.72 per share. This indicates the stock is trading essentially at par with its net asset value, reflecting a market that is pricing in stabilizing interest rate volatility.
