Invesco Mortgage Capital Inc (NYSE: IVR) is -15.68% 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 $7.75 in the last trading session, with the day’s loss setting it -5.88%.
Currently trading at $1.87M, the stock is 3.06% and 5.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 1221798% at the moment leaves the stock -3.59% off its SMA200. IVR registered -2.48% loss for a year compared to 6-month loss of -6.21%. The firm has a 50-day simple moving average (SMA 50) of $7.4174 and a 200-day simple moving average (SMA200) of $8.1425.
The stock witnessed a 6.37% gain in the last 1 month and extending the period to 3 months gives it a -3.44%, and is 3.02% 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 1.67% over the week and 1.88% over the month.
Current P/E ratio is 18.86 and Fwd P/E is 3.77. Profit margin for the company is 9.55%. Distance from 52-week low is 34.07% and -21.26% from its 52-week high. The company has generated returns on investments over the last 12 months (3.60%).
The EPS is expected to shrink by -18.88% this year
211.0 institutions hold shares in Invesco Mortgage Capital Inc (IVR), with institutional investors hold 50.74% of the company’s shares. The shares outstanding are 65.94M, and float is at 65.67M with Short Float at 10.00%. Institutions hold 50.54% 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 10.8955 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 6.259 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 1.14 million shares representing 2.4374 and valued at over $10.73 million, while TWO SIGMA INVESTMENTS, LP holds 2.1675 of the shares totaling 1.02 million with a market value of $9.54 million.
