Invesco Quality Municipal Stock Today
IQI Stock | USD 9.98 0.01 0.10% |
Performance0 of 100
| Odds Of DistressLess than 6
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Invesco Quality is trading at 9.98 as of the 24th of November 2024. This is a 0.10 percent increase since the beginning of the trading day. The stock's open price was 9.97. Invesco Quality has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Invesco Quality Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 27th of October 1994 | Classification Financials |
Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. Invesco Quality Municipal Income Trust was formed on September 29, 1992 and is domiciled in the United States. Invesco Quality operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 52.88 M outstanding shares of which 65.13 K shares are currently shorted by investors with about 0.33 days to cover. More on Invesco Quality Municipal
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Invesco Stock Highlights
Chairman | Bruce Crockett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [MOUNT MAGNET, MOUNT MAGNET (IQI.SG), Incannex Healthcare Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsInvesco Quality can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Invesco Quality's financial leverage. It provides some insight into what part of Invesco Quality's total assets is financed by creditors.
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Invesco Quality Municipal (IQI) is traded on New York Stock Exchange in USA. It is located in 1331 Spring Street, North West, Atlanta, GA, United States, 30309 and employs 37 people. Invesco Quality is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 527.78 M. Invesco Quality Municipal runs under Capital Markets sector within Financials industry. The entity has 52.88 M outstanding shares of which 65.13 K shares are currently shorted by investors with about 0.33 days to cover.
Invesco Quality Municipal has about 247.64 K in cash with 18.41 M of positive cash flow from operations.
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Ownership AllocationInvesco Quality Municipal has a total of 52.88 Million outstanding shares. 30% of Invesco Quality Municipal outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Invesco Quality Historical Income Statement
Invesco Stock Against Markets
Invesco Quality Corporate Management
Andrew Schlossberg | Senior Vice President | Profile | |
Anthony LaCava | Independent Trustee | Profile | |
Teresa Ressel | Independent Trustee | Profile | |
Tim OReilly | Portfolio Manager | Profile | |
Robert Troccoli | Independent Trustee | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Invesco Quality Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Quality. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Quality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.967 | Dividend Share 0.529 | Earnings Share 0.99 | Revenue Per Share 0.772 | Quarterly Revenue Growth 0.021 |
The market value of Invesco Quality Municipal is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Quality's value that differs from its market value or its book value, called intrinsic value, which is Invesco Quality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Quality's market value can be influenced by many factors that don't directly affect Invesco Quality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Quality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.