Invesco Quality Municipal Stock Today

IQI Stock  USD 9.65  0.01  0.10%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Over 51

 
100  
 
Zero
Average
Invesco Quality is trading at 9.65 as of the 28th of March 2024. This is a -0.1 percent decrease since the beginning of the trading day. The stock's open price was 9.66. Invesco Quality has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading 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 8th of April 2022 and ending today, the 28th of March 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 35.87 K shares are currently shorted by investors with about 0.24 days to cover. More on Invesco Quality Municipal

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Invesco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco Quality's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco Quality or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanBruce Crockett
Old NameMOUNT MAGNET
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Invesco Quality report their recommendations after researching Invesco Quality's financial statements, talking to executives and customers, or listening in on Invesco Quality's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Invesco Quality Municipal. The Invesco consensus assessment is calculated by taking the average forecast from all of the analysts covering Invesco Quality.
Financial Strength
Based on the key measurements obtained from Invesco Quality's financial statements, Invesco Quality Municipal may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Invesco Quality Municipal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities14.9 M14.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total312.2 M276.8 M
Moderately Up
Pretty Stable
Total Assets1.1 BB
Significantly Up
Very volatile
Total Current Assets10.9 M14.7 M
Way Down
Slightly volatile
Total Cash From Operating Activities114 M108.5 M
Sufficiently Up
Slightly volatile
Invesco Quality's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Invesco Quality's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Invesco Quality's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Invesco Quality deploys its capital and how much of that capital is borrowed.
Liquidity
Invesco Quality cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 97.16 M in debt with debt to equity (D/E) ratio of 0.59, which is OK given its current industry classification. Invesco Quality Municipal has a current ratio of 1.35, which is typical for the industry and considered as normal. Debt can assist Invesco Quality until it has trouble settling it off, either with new capital or with free cash flow. So, Invesco Quality's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Invesco Quality Municipal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Invesco to invest in growth at high rates of return. When we think about Invesco Quality's use of debt, we should always consider it together with cash and equity.

Dividends Paid

(22.45 Million)
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 48 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 509.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Invesco Quality's market, we take the total number of its shares issued and multiply it by Invesco Quality's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Invesco Quality Municipal runs under Capital Markets sector within Financials industry. The entity has 52.88 M outstanding shares of which 35.87 K shares are currently shorted by investors with about 0.24 days to cover. Invesco Quality Municipal has about 247.64 K in cash with 94.38 M of positive cash flow from operations.
Check Invesco Quality Probability Of Bankruptcy
Ownership Allocation
Invesco 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.
Check Invesco Ownership Details

Invesco Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Invesco Quality jumping above the current price in 90 days from now is about 10.92%. The Invesco Quality Municipal probability density function shows the probability of Invesco Quality stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Invesco Quality has a beta of 0.2831. This usually indicates as returns on the market go up, Invesco Quality average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Invesco Quality Municipal will be expected to be much smaller as well. Additionally, invesco Quality Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.65HorizonTargetOdds Above 9.65
88.72%90 days
 9.65 
10.92%
Based on a normal probability distribution, the odds of Invesco Quality to move above the current price in 90 days from now is about 10.92 (This Invesco Quality Municipal probability density function shows the probability of Invesco Stock to fall within a particular range of prices over 90 days) .

Invesco Quality Historical Income Statement

Invesco Quality Municipal Income Statement is one of the three primary financial statements used for reporting Invesco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Invesco Quality Municipal revenue and expense. Invesco Quality Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Invesco Quality's Net Interest Income is decreasing as compared to previous years. View More Fundamentals

Invesco Stock Against Markets

Picking the right benchmark for Invesco Quality stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco Quality stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco Quality is critical whether you are bullish or bearish towards Invesco Quality Municipal at a given time. Please also check how Invesco Quality's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco Quality without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invesco Quality Corporate Management

Elected by the shareholders, the Invesco Quality's board of directors comprises two types of representatives: Invesco Quality inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Invesco. The board's role is to monitor Invesco Quality's management team and ensure that shareholders' interests are well served. Invesco Quality's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Invesco Quality's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew SchlossbergSenior Vice PresidentProfile
Anthony LaCavaIndependent TrusteeProfile
Teresa ResselIndependent TrusteeProfile
Tim OReillyPortfolio ManagerProfile
Robert TroccoliIndependent TrusteeProfile

How to buy Invesco Stock?

Before investing in Invesco Quality, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Invesco Quality. To buy Invesco Quality stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Invesco Quality. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Invesco Quality stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Invesco Quality Municipal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Invesco Quality Municipal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Invesco Quality Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Invesco Stock please use our How to Invest in Invesco Quality guide.

Already Invested in Invesco Quality Municipal?

The danger of trading Invesco Quality Municipal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco Quality is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco Quality. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco Quality Municipal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Invesco Quality Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Quality's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Quality Municipal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Quality Municipal Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Invesco Quality's price analysis, check to measure Invesco Quality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Quality is operating at the current time. Most of Invesco Quality's value examination focuses on studying past and present price action to predict the probability of Invesco Quality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Quality's price. Additionally, you may evaluate how the addition of Invesco Quality to your portfolios can decrease your overall portfolio volatility.
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Is Invesco Quality's industry 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
(0.46)
Dividend Share
0.472
Earnings Share
(0.01)
Revenue Per Share
0.778
Return On Assets
0.0242
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.