Browse by ▼

Invesco Mortgage Capital

  • How to Make the Fed Pay You

    By Shmulik Karpf - June 19, 2013 | Tickers: AGNC, NLY, IVR

    mREITS make their living by borrowing money at low, short-term interest rates and then buying government-guaranteed mortgage bonds that pay higher, long-term rates. They earn money on the "spread" between those two rates. They're basically a form of a bank, only without branches, bankers, and bank commissions. As of late, shares of companies in the mREIT sector such as Annaly Capital (NYSE: NLY), American Capital Agency (NASDAQ: AGNC) and more »

  • Barclays Is Bearish On American Capital Agency

    By Adnan Khan - June 19, 2013 | Tickers: AGNC, ARR, IVR

    As a result of recent volatility and spread widening, mortgage REITs are in for a second consecutive quarter bloodbath as far as their book values are concerned. Although the stocks seem to have already priced this in, further decline in the book values cannot be ruled out. There is an upside for the book values if the interest rates fall in the near term. However, that’s highly unlikely. Given more »

  • MBS REITs Look Good Now, But Can Their Performance Hold Up?

    By Mike Thiessen - June 11, 2013 | Tickers: AGNC, IVR, NYMT

    In recent years, REITs have gained tremendous favor as stable investments that produce high but predictable yields. Many REITs distribute at least 10 percent of their total NPV on an annual basis, and many have yields that exceed 15 percent. In exchange, REITs generally trade within narrow ranges and rarely participate in equity-market rallies without catalysts specific to the real estate market.

    Three firms have caught the attention of observers more »

  • A Few Reasons to Buy This 10% Yielder

    By Adnan Khan - June 10, 2013 | Tickers: IVR, JMI, MFA

    Mortgage REITs’ investors have witnessed a bloodbath since Ben Bernanke sent confusing signals of a possible Fed tapering before the end of this year. While the entire sector is down since the start of the second quarter, I have reasons to believe MFA Financial (NYSE: MFA) has a better shot than its peers. Let’s see why?

    The edge

    MFA Financial operates as a hybrid mortgage REIT with investments in more »

  • This 18% Yield Comes With Headwinds

    By Adnan Khan - June 7, 2013 | Tickers: ARR, IVR, JMI

    JAVELIN Mortgage Investment (NYSE: JMI) might be a small and young mortgage real estate investment trust (mREIT), but its 17.6% dividend yield is attractive enough to lure investors. However, before being enticed by the elevated dividend yield, I recommend looking at some of the headwinds mentioned in this article that JAVELIN is facing.

    Its in the family

    Since JAVELIN Mortgage Investment is a relatively new mortgage REIT, I though more »

  • Why Insiders Are Bullish on These High-Yielding Stocks?

    By Adnan Khan - June 5, 2013 | Tickers: NLY, IVR, TWO

    Since the launch of the third round of quantitative easing in September last year, the mortgage REITs sector has seen tremendous compression in profitability and dividend cuts. While there is no consensus on when these easing programs will end, the markets have started pricing it in. Given the mixed signals, mortgage REITs become an even more complicated investment decision. However, some insider buying makes it clear that the management is more »

  • This REIT Is Diversifying to Produce Stable Returns

    By Adnan Khan - June 4, 2013 | Tickers: AGNC, NLY, IVR

    Invesco Mortgage Capital (NYSE: IVR) is a mid-cap mortgage REIT that makes money from capital gains and rent, but also interest. That's why it's classified as a hybrid mortgage REIT. It reported stronger than expected EPS for the first quarter and I think the company will report strong results going forward.

    Current mix

    The company has investments in fixed rate and adjustable rate residential and commercial mortgage backed more »

  • A Few Good Signs for mREITs

    By Adnan Khan - May 23, 2013 | Tickers: AGNC, NLY, IVR

    While the U.S. financial sector has been one of the top performers over the past one year, mortgage REITs have been in the red zone for quite some time now. One of the major reasons for this is the Fed’s aggressive bond buying and the prevailing ultra-low interest rate environment. Through this post, I will focus on some positive signs for managements and investors of mortgage REITs.

    Easing more »

  • Insiders Love These High Yielding Financial Stocks

    By Adnan Khan - May 21, 2013 | Tickers: AGNC, IRC, IVR

    The prevailing ultra low interest rate environment has left investors with little option to enhance their regular income. As a result of the Fed’s stimulus, fixed income security yields have dropped to their lowest. Therefore, stocks paying elevated dividends are the best alternatives these days. 

    You will find three such stocks from the U.S. financial sector that pay dividends in excess of 4.50% and are insiders’ favorites more »

  • This mREIT's Dividend Could Be in Danger

    By Adnan Khan - May 17, 2013 | Tickers: CMO, IVR, MFA

    During its fourth-quarter earnings call, Invesco Mortgage Capital’s (NYSE: IVR) dividend sustainability was seen as a strong positive. However, the latest quarter’s results featured some negative commentary regarding dividend sustainability, and we are going to take a look at what might be wrong.

    What’s up at Invesco?

    Invesco Mortgage Capital reported strong first-quarter performance. The company's reported core EPS of $0.59 trailed the consensus estimate more »

  • Prefer Hybrid mREITs on Dividend Hikes

    By Adnan Khan - April 2, 2013 | Tickers: IVR, MFA, TWO

    A hybrid mortgage REIT invests across the universe of residential mortgage related securities. Typically they invest in Agency and non-Agency mortgage backed securities backed by single-family or multi-family residential loans. Agency MBS have remained under pressure for quite some time due to the Fed’s interference. While the Fed’s actions were aimed at stimulating the US economy, they created a downward pressure on the Agency mREITs’ asset yields. However more »

  • Are Your Hybrid REITs’ Dividends Sustainable?

    By Adnan Khan - March 26, 2013 | Tickers: MTGE, IVR, MFA

    Hybrid mortgage REITs have been analysts’ favorite since the launch of the Fed’s quantitative easing program, better known as QE3. It is because hybrid mortgage REITs are considered to be more flexible in their investments compared to their pure-play counterparts. Their investments in high yielding non-Agency residential mortgage backed securities in recent times well supported the net interest rate spreads and the bottom line during the past two quarters more »

  • Another Opportunity to Enhance Your Yield by 14%

    By Adnan Khan - March 22, 2013 | Tickers: MITT, IVR, JMI

    This article aims to introduce you to another opportunity in the making. Javelin Mortgage Investments (NYSE: JMI) is currently trading in-line with most of its peers as far as its book value multiple is concerned. The stock is also offering a handsome and stable dividend distribution and yielding over 14%. Therefore, I recommend investors buy this hybrid mortgage REIT.

    Javelin Mortgage Investment is a relatively new hybrid mREIT that seeks more »

  • Buy mREITs on Mortgage Lender Shortage

    By Adnan Khan - March 20, 2013 | Tickers: AGNC, NLY, ARR, IVR, TWO

    Mortgage REITs have suffered enough at the hands of the Fed's easing. However, I believe the situation has overturned. This article reviews the latest poor housing data, reasons for the housing sector's underperformance and the consequences it will have on US mortgage REITs.

    Tumbling Housing Figures

    According to the latest weekly survey of the Mortgage Bankers Associations [MBA], the US housing statistics continue to deteriorate, despite the Fed more »

  • An 11% Yield With Potential Growth

    By Chad Henage - March 20, 2013 | Tickers: AGNC, NLY, HTS, IVR

    With short-term interest rates as low as they have been in years, it's not surprising that investors are looking for a better yield on their investments. The current environment has made mortgage REITs very popular because of their high-yields. However, there is one company in this space that looks like the best overall play. Invesco Mortgage Capital (NYSE: IVR) might not be the most well known name in this more »

  • These 3 Numbers Make This High-Yield Stock A Buy

    By Chad Henage - March 19, 2013 | Tickers: NLY, CMO, HTS, IVR | Editor's Choice

    High yielding stocks get a lot of attention these days, because of the low interest rate environment. The challenge for investors is, discovering which high yield will hold up. The REIT business holds many high yield candidates, but from what I can see, there are three numbers that make Hatteras Financial (NYSE: HTS) a buy at these levels.

    An Idea As Old As The Market Itself
    It's ironic that more »

  • Bullish Signals At This 12% Yielding mREIT

    By Adnan Khan - March 15, 2013 | Tickers: MTGE, IVR, WMC

    Invesco Mortgage Capital (NYSE: IVR) reported insider buying, signaling management’s confidence in the company’s future. Let's dive in and summarize the recent insider buying at Invesco, and compare the company's performance with that of its peers.

    Insider bullishness

    Invesco Mortgage Capital reported insider buying by its CEO Richard King. King added 8% to his stake in Invesco Mortgage after he bought $100,000 worth of shares more »

  • Buy This 9% Yielding mREIT

    By Adnan Khan - March 15, 2013 | Tickers: IVR, MFA, TWO

    MFA Financial (NYSE: MFA) reported its fourth quarter performance on March 6, 2013. This article will review the latest earnings by this 9% dividend yielder and compare it with its closest peers.

    Company Business

    Incorporated in 1997, MFA Financial started operations in 1998 as a hybrid mortgage REIT. The company is classified as hybrid mortgage REIT as it is invested in both Agency and non-Agency mortgage backed securities. As a more »

  • This mREIT Has Red Flags You Can't Ignore

    By Maxwell Fisher - March 14, 2013 | Tickers: AGNC, CIM, IVR

    It is always a red flag when a company delays the publication of its financial statements. Chimera Investment (NYSE: CIM) has not reported its results for all of 2012, and now faces a final deadline from the NYSE, or it risks delisting. This article focuses on the consequences for the company and its investors.

    Final extension from the NYSE

    Chimera announced that it has obtained a final 30-day extension for more »

  • Insider Buying At This 17% Dividend Yielding mREIT

    By Adnan Khan - March 13, 2013 | Tickers: MTGE, IVR, WMC

    Note: A previous version of this article inaccurately stated Western Asset Mortgage Capital's stock price relative to its book value. The error has been corrected.

    Western Asset Mortgage Capital (NYSE: WMC) has been named top dividend stock with insider buying last month in an article on Forbes. Paid in quarterly installments, the company distributes $3.60 per share. This article aims to explore the sustainability of the company's more »

  • Page 1 of 2