INVESCO MORTGAGE CAPITAL INC (IVR) vs TPG RE Finance (TRTX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
INVESCO MORTGAGE CAPITAL INC (IVR) has outperformed TPG RE Finance (TRTX) over the past year, losing 24.8% versus a loss of 31.1%. Over five years, TRTX leads with a -53.5% price change compared with -82.4% for IVR. INVESCO MORTGAGE CAPITAL INC is the larger company by market cap ($619.1 million vs $458.3 million), about 1.4 times the size.
On valuation, INVESCO MORTGAGE CAPITAL INC trades at a lower forward P/E (3.3x vs 5.4x for TPG RE Finance). INVESCO MORTGAGE CAPITAL INC offers the higher dividend yield (25.00% vs 16.08%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IVR | TRTX |
|---|---|---|
| Share price | $5.68 | $5.97 |
| Market cap | $619.12M | $458.31M |
| 1-day change | +1.07% | +0.17% |
| YTD return | -32.46% | -30.66% |
| 1-year return | -24.77% | -31.06% |
| 5-year return | -82.41% | -53.50% |
| P/E ratio (TTM) | 3.66 | 10.85 |
| Forward P/E | 3.28 | 5.42 |
| EPS (TTM) | $1.55 | $0.55 |
| Dividend yield | 25.00% | 16.08% |
| Annual dividend | $1.42 | $0.96 |
| 52-week high | $9.50 | $9.37 |
| 52-week low | $5.52 | $5.83 |
| Distance from 52-week high | -40.21% | -36.29% |
| Analyst consensus | hold | none |
| Avg. price target upside | +43.84% | +65.49% |
| Average volume | 3.00M | 922.81K |
| Shares outstanding | 109.00M | 76.77M |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TPG RE Finance trades at a higher earnings multiple (10.9x vs 3.7x trailing P/E).
- INVESCO MORTGAGE CAPITAL INC offers a meaningfully higher dividend yield (25.00% vs 16.08%).
About INVESCO MORTGAGE CAPITAL INC
IVR stock →Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States.
Real Estate · Real Estate Investment Trusts
About TPG RE Finance
TRTX stock →TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments.
Real Estate · Real Estate Investment Trusts
IVR vs TRTX FAQ
Which is bigger, INVESCO MORTGAGE CAPITAL INC or TPG RE Finance?
INVESCO MORTGAGE CAPITAL INC (IVR) is larger, with a market capitalization of $619.12M compared with $458.31M for TPG RE Finance (TRTX).
Which stock has performed better over the past year, IVR or TRTX?
IVR returned -24.77% over the past 12 months, compared with -31.06% for TRTX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IVR or TRTX?
IVR has the lower trailing P/E at 3.7, versus 10.9 for TRTX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, INVESCO MORTGAGE CAPITAL INC or TPG RE Finance?
INVESCO MORTGAGE CAPITAL INC has the higher yield at 25.00%, compared with 16.08% for TPG RE Finance.
Are INVESCO MORTGAGE CAPITAL INC and TPG RE Finance in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.