Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1331 Spring St. Nw, Suite 2500 ATLANTA GA 30309 |
Tel: | 1-404-4394843 |
Website: | https://www.invescomortgagecapital.com |
IR: | See website |
Key People | ||
Kevin M. Collins President | John M. Anzalone Chief Executive Officer | Richard Lee Phegley Chief Financial Officer |
David B. Lyle Chief Operating Officer | Brian P. Norris Chief Investment Officer | Carolyn L. Gibbs Executive Director | Beth A. Zayicek Executive Director |
Business Overview |
Invesco Mortgage Capital Inc. is focused on investing in, financing and managing mortgage-backed securities (MBS) and other mortgage-related assets. Its objective is to provide attractive risk-adjusted returns to its stockholders, through dividends and secondarily through capital appreciation. It invests in residential mortgage-backed securities (RMBS) that are guaranteed by a United States government agency, such as the Government National Mortgage Association (Ginnie Mae), or a federally chartered corporation, such as the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (Agency RMBS). It also invests in commercial mortgage-backed securities (CMBS) and RMBS that are not guaranteed by a United States government agency or a federally chartered corporation, as well as commercial mortgage loans, TBAs and other real estate-related investments. It conducts its business through its subsidiary, IAS Operating Partnership L.P. |
Financial Overview |
For the fiscal year ended 31 December 2023, Invesco Mortgage Capital Inc revenues increased 35% to $288.3M. Net loss applicable to common stockholders decreased 91% to $37.5M. Revenues reflect Mortgage-backed and other securities increase of 44% to $277.9M. Lower net loss reflects G/L on Invest HFS, Maturity & Trading decrease of 87% to $158M (expense), Gain/Loss on Derivatives - Hedg increase from $86.9M to $239M (income). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $5,092M as of Dec 31, 2023 |
Annual revenue (TTM): | $288.33M as of Dec 31, 2023 |
EBITDA (TTM): | $29.97M as of Dec 31, 2023 |
Net annual income (TTM): | -$37.54M as of Dec 31, 2023 |
Free cash flow (TTM): | $135.60M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $4,382M as of Dec 31, 2023 |
Shares outstanding: | 48,665,196 as of Mar 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |