Invesco (NYSE:IVZ – Get Free Report) issued its quarterly earnings data on Tuesday. The asset manager reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03, Briefing.com reports. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. Invesco had a negative net margin of 1.73% and a positive return on equity of 7.64%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the business posted $0.31 earnings per share.
Invesco Stock Performance
Invesco stock remained flat at $17.11 during midday trading on Friday. The company had a trading volume of 601,313 shares, compared to its average volume of 4,439,400. The company has a current ratio of 6.89, a quick ratio of 6.89 and a debt-to-equity ratio of 0.48. The firm has a 50 day moving average price of $15.49 and a 200-day moving average price of $15.72. The company has a market cap of $7.70 billion, a price-to-earnings ratio of -22.80, a price-to-earnings-growth ratio of 1.35 and a beta of 1.47. Invesco has a fifty-two week low of $12.48 and a fifty-two week high of $18.28.
Invesco Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 4th. Investors of record on Friday, August 16th will be paid a $0.205 dividend. The ex-dividend date is Friday, August 16th. This represents a $0.82 annualized dividend and a yield of 4.79%. Invesco’s dividend payout ratio (DPR) is currently -109.33%.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on IVZ
About Invesco
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.
Featured Articles
- Five stocks we like better than Invesco
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Options Trading – Understanding Strike Price
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- 3 REITs to Buy and Hold for the Long Term
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Invesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco and related companies with MarketBeat.com's FREE daily email newsletter.