Invesco Mortgage Capital Inc (NYSE: IVR) is -8.70% lower on its value in year-to-date trading and has touched a low of $5.86 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 $7.18 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $7.35, the stock is 5.70% and -5.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 2.37% at the moment leaves the stock -11.97% off its SMA200. IVR registered -19.32% loss for a year compared to 6-month loss of -8.81%.
The stock witnessed a 12.04% gain in the last 1 month and extending the period to 3 months gives it a -14.44%, and is 0.27% 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 2.18% over the week and 4.45% over the month.
Current P/E ratio is 11.37 and Fwd P/E is 3.16. Profit margin for the company is 7.72%. Distance from 52-week low is 25.53% and -26.28% from its 52-week high. The company has generated returns on investments over the last 12 months (4.76%).
The EPS is expected to shrink by -16.98% this year
The shares outstanding are 65.27M, and float is at 65.09M with Short Float at 12.70%.
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 5.9547 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.
