Invesco Mortgage Capital Swings to $0.34 Q2 Profit, Book Value Holds at $8.03
IVR is trading near its 52-week low of $7.1 (4.6% above the low).
Summary
Invesco Mortgage Capital reported Q2 2026 net income of $31.8 million ($0.34/share), a sharp reversal from Q1's $23.1 million loss, with book value at $8.03 and $118 million raised via ATM.
Key Events · Earnings and Guidance · IVR
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Q2 Net Income Rebounds to $31.8M
Net income attributable to common stockholders reached $31.8 million, or $0.34 per share, a dramatic turnaround from the $23.1 million loss in Q1 2026, fueled by narrower investment losses and derivative gains.
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Book Value Per Share at $8.03
Book value per common share edged down to $8.03 from $8.08 at March 31, 2026, translating to a 3.8% economic return for the quarter after accounting for dividends.
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$118M Raised Through ATM Program
During Q2 2026, the company issued 14.8 million shares of common stock under its at-the-market program, generating net proceeds of $118.0 million and bolstering liquidity.
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Portfolio and Leverage Stable
The $8.2 billion investment portfolio maintained its focus on Agency RMBS and CMBS, while the economic debt-to-equity ratio held steady at 7.5x, supported by $548.3 million in unrestricted cash and unencumbered investments.
Analysis · IVR · Real Estate & Construction
A sharp rebound from the prior quarter's loss drove net income to $31.8 million, or $0.34 per share, as improved market conditions and a 3.8% economic return took hold. Book value per share slipped only modestly to $8.03, while the $118 million raised through the ATM program further strengthened liquidity. The results point to stabilization after a volatile first quarter, though the stock's proximity to 52-week lows underscores lingering macro uncertainty.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.3% of the 1072 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, IVR was trading at $7.43 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $687.8M. The 52-week trading range was $7.10 to $9.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.