Market Capitalization (Millions $) |
470 |
Shares
Outstanding (Millions) |
56 |
Employees |
66 |
Revenues (TTM) (Millions $) |
263 |
Net Income (TTM) (Millions $) |
62 |
Cash Flow (TTM) (Millions $) |
-191 |
Capital Exp. (TTM) (Millions $) |
0 |
Invesco Mortgage Capital Inc
Invesco Mortgage Capital Inc. (IMCI) is a leading mortgage real estate investment trust (REIT), based in Atlanta, Georgia. It was founded in 2008 as a subsidiary of Invesco Ltd, a global investment management company with over $1.4 trillion in assets under management.
IMCIes investment portfolio mainly consists of residential and commercial mortgage-backed securities (MBS), mortgage loans, and other real estate debt instruments. The company invests in both agency and non-agency MBS, including government-sponsored entities such as Fannie Mae and Freddie Mac, as well as private-label MBS, which are not guaranteed by the government.
IMCIes investment strategy is focused on generating attractive risk-adjusted returns by investing in a diversified portfolio of high-quality mortgage assets, while maintaining a disciplined approach to risk management. The company also seeks to maintain a low-cost capital structure, with a target leverage ratio of around 8:1.
In addition to its mortgage investments, IMCI also engages in securitization activities, which involves pooling similar mortgage assets into securities and selling them to investors. The company has a dedicated team of professionals that handle this process, and it has been successful in issuing a number of securitized products in both the agency and non-agency markets.
IMCI is managed by a team of experienced executives, led by John Anzalone, who serves as the companyes CEO and President. Anzalone has been with Invesco since 1987, and has over three decades of experience in the financial industry.
IMCIes stock is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol eIVRe. The company currently has a market capitalization of around $1.3 billion, and pays a quarterly dividend of $0.05 per share to its shareholders.
In conclusion, Invesco Mortgage Capital Inc. is a well-established and reputable mortgage REIT that offers investors access to a diversified portfolio of mortgage assets, while maintaining a disciplined approach to risk management. With an experienced management team and a successful track record of securitization activities, IMCI is well-positioned to continue generating attractive returns for its shareholders.
Company Address: 1331 Spring Street, N.W., Atlanta, 30309 GA
Company Phone Number: 892-0896 Stock Exchange / Ticker: NYSE IVR
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