Invesco Mortgage Capital Inc (NYSE: IVR) is -8.80% lower on its value in year-to-date trading and has touched a low of $7.60 and a high of $9.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IVR stock was last observed hovering at around $8.16 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $8.08, the stock is -1.77% and -6.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -0.98% at the moment leaves the stock -9.13% off its SMA200. IVR registered 0.87% gain for a year compared to 6-month loss of -11.98%. The firm has a 50-day simple moving average (SMA 50) of $8.6104 and a 200-day simple moving average (SMA200) of $8.8919.
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The stock witnessed a -3.92% gain in the last 1 month and extending the period to 3 months gives it a -5.39%, and is -1.70% down 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 1.65% over the week and 2.47% over the month.
Current P/E ratio is 6.76 and Fwd P/E is 2.74. Profit margin for the company is 8357.62%. Distance from 52-week low is 6.32% and -18.96% from its 52-week high. The company has generated returns on investments over the last 12 months (7.29%).
The EPS is expected to shrink by -40.77% this year
209.0 institutions hold shares in Invesco Mortgage Capital Inc (IVR), with institutional investors hold 40.60% of the company’s shares. The shares outstanding are 60.73M, and float is at 60.54M with Short Float at 7.16%. Institutions hold 40.49% 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.
