E Daily Stock Pick: Invesco Ltd. (IVZ)

Assuming Invesco's stock will trade in the range of $12 to $32 next year, Invesco's recent $16.50 price could recover by $3.50 and grow to $20.00 by late-December, 2019. 

IVZ Dividends

Invesco's most recent monthly dividend was $0.30 declared October 18th and paid out, December 3rd. 

That $0.30 quarterly stipend equates to an annual amount of $1.20 yielding 7.27% at yesterday's closing $16.50 price.

Gains For IVZ?

Adding the $1.20 annual estimated dividend to my estimated $3.50 annual price upside estimate for Invesco Ltd. (IVZ) totals up to a $4.70 potential gross annual per share gain, which will be reduced by costs to trade the shares.  

For a little over $1,000.00 invested today at the $16.50 recent price we would buy 61 IVZ shares. 

A $10 broker fee paid half at purchase and half at sale costs us $0.16 per share. Subtract that $0.16 brokerage cost from the estimated $4.70 gross annual gain leaves a net gain of $4.54 X 61 shares = $276.94 for a 27% net gain on a $1,006.50 investment.

Therefore, Invesco Ltd., whose trading ticker symbol is IVZ, now shows a possible 27% net gain including a 7.27% dividend yield. 

Seventeen brokers cover this stock:

Will the bear be beaten back?

Four brokers as "buy" IVZ

Four brokers say IVZ will "outperform" peers.

Nine brokers say "hold" IVZ shares.

The seventeen covering broker are more optimistic for IVZ's price recovery than I am.

The strike a median price upside at almost 24 dollars next year. Which, you will recall is $4 higher than my $20 estimated one year target.

Therefore, you can look at Invesco Ltd. (IVZ) and see it has made money, is making money, but could rise to net a 27 to 35% net annual gain including that respectable 7.27% estimated dividend yield. It could be more, it could be less. 

The above speculation is based on past year performance. The actual results remain to be seen to determine if Invesco Ltd. (IVZ) is worth your time and money.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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Comments

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Thorgood 7 months ago Member's comment

My dear, if all you're going to do at the end of the article is tell me that it's not a good idea to buy this, and that it is not worth my time, why even bring it up? There are thousands of stocks out there that are bargains right now. Reading your article was what was NOT worth my time. You can do better than this. Cheers

Vivian Lewis 7 months ago Contributor's comment

the stock selection business is under a cloud as investors buy index funds. the author and many analysts he quotes are optimistic based on earlier investing methods, but we need to be told why we are going back to them, if he believes this. It could be argued that the market volatility and downtrend in late 2018 will lead to a recovery for stock-picking, but that will require more than just quoting some figures subject to change from analysts covering Invesco

Thorgood 7 months ago Member's comment

Analysts are all blaggards that get their marching orders from the firms they work for. I ignore most of them.