Are we looking at the next big move in Invesco Mortgage Capital Inc (IVR)?

Invesco Mortgage Capital Inc (NYSE: IVR) is 2.71% higher on its value in year-to-date trading and has touched a low of $6.34 and a high of $11.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IVR stock was last observed hovering at around $8.87 in the last trading session, with the day’s gains setting it 0.23%.

Currently trading at $9.10, the stock is 4.69% and 1.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing 2.59% at the moment leaves the stock 1.70% off its SMA200. IVR registered -15.43% loss for a year compared to 6-month loss of -0.87%.

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The stock witnessed a 4.60% gain in the last 1 month and extending the period to 3 months gives it a 0.33%, and is 4.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.60% over the week and 1.41% over the month.

Fwd P/E is 3.04. Profit margin for the company is -18.39%. Distance from 52-week low is 43.53% and -17.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.16%).

The EPS is expected to shrink by -38.90% this year.

Invesco Mortgage Capital Inc (IVR) Top Institutional Holders

192.0 institutions hold shares in Invesco Mortgage Capital Inc (IVR), with institutional investors hold 39.80% of the company’s shares. The shares outstanding are 54.82M, and float is at 54.65M with Short Float at 8.32%. Institutions hold 39.69% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 5.12 million shares valued at $47.95 million. The investor’s holdings represent 10.5507% of the IVR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.94 million shares valued at $27.54 million to account for 6.0609 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 1.14 million shares representing 2.3603% and valued at over $10.73 million, while TWO SIGMA INVESTMENTS, LP holds 2.0989 of the shares totaling 1.02 million with a market value of $9.54 million.