Invesco Mortgage Capital Inc (NYSE: IVR) is -1.49% lower on its value in year-to-date trading and has touched a low of $7.47 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 $8.17 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $7.93, the stock is -7.16% and -6.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.91 million and changing -2.94% at the moment leaves the stock -8.31% off its SMA200. IVR registered -14.64% loss for a year compared to 6-month loss of -13.14%. The firm has a 50-day simple moving average (SMA 50) of $8.5258 and a 200-day simple moving average (SMA200) of $8.6491.
The stock witnessed a -10.09% gain in the last 1 month and extending the period to 3 months gives it a -4.69%, and is -8.64% 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 3.30% over the week and 2.26% over the month.
Current P/E ratio is 12.27 and Fwd P/E is 3.39. Profit margin for the company is 7.72%. Distance from 52-week low is 6.09% and -20.46% from its 52-week high. The company has generated returns on investments over the last 12 months (4.76%).
with sales reaching $44.71M over the same period.The EPS is expected to shrink by -17.95% this year, but quarterly earnings will post -11.25% year-over-year. Quarterly sales are estimated to shrink -14.11% in year-over-year returns.
Invesco Mortgage Capital Inc (IVR) Top Institutional Holders
202.0 institutions hold shares in Invesco Mortgage Capital Inc (IVR), with institutional investors hold 42.45% of the company’s shares. The shares outstanding are 65.27M, and float is at 65.09M with Short Float at 10.27%. Institutions hold 42.34% 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 10.3658% 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 2.3189% and valued at over $10.73 million, while TWO SIGMA INVESTMENTS, LP holds 2.0621 of the shares totaling 1.02 million with a market value of $9.54 million.
Invesco Mortgage Capital Inc (IVR) Insider Activity
#####
