IVR Book Value Drops to $7.75, Declares $0.12 August Dividend
IVR is trading near its 52-week low of $7.1 (5.2% above the low).
Summary
IVR reported a book value decline to $7.75 per share and declared its regular $0.12 dividend, highlighting ongoing dilution and leverage concerns.
Key Events · Earnings and Guidance · IVR
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Book Value Declines to $7.75
Estimated book value per common share fell to $7.75 as of July 31, 2026, from $8.03 at June 30, 2026, a 3.5% decline.
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Dividend Declared
Declared a cash dividend of $0.12 per share for August 2026, payable September 15, 2026 to shareholders of record on August 25, 2026.
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Leverage Remains High
Debt-to-equity ratio of 6.5x and economic debt-to-equity ratio of 7.4x, with $6.5 billion in repurchase agreement borrowings.
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Portfolio Composition
Total investment portfolio including TBAs of $8.1 billion, with 90% in agency RMBS and 10% in TBAs.
Analysis · IVR · Real Estate & Construction
Invesco Mortgage Capital's estimated book value per share fell to $7.75 as of July 31, 2026, down from $8.03 at June 30, 2026, reflecting continued pressure from ATM dilution and portfolio performance. The company declared its regular $0.12 monthly dividend, but the declining book value signals ongoing shareholder value erosion. Leverage remains elevated at 6.5x debt-to-equity (7.4x economic), and the portfolio is heavily concentrated in agency RMBS. This update matters because it quantifies the impact of the company's aggressive capital raising on per-share value.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. 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 $7.47 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $805.2M. The 52-week trading range was $7.10 to $9.50. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.