Invesco Mortgage Capital Inc. (NYSE: IVR) was trading at $ 3.20 at the close of Tuesday 10/19/21 trading, made a downward movement of -0.93% from its price from yesterday.
Looking at the stock, we see that its previous close was $ 3.23 and the beta (5 years per month) is 1.34 with the price range for the day being $ 3.20 to 3.23. $. The company has a rolling 12-month PE ratio of 4.62. In terms of the 52 week price range, IVR has a high of $ 4.60 and a low of $ 2.62. The company’s shares have gained around 4.58% in the past 30 days.
Invesco Mortgage Capital Inc. has a market capitalization of $ 935.62 million and is expected to release its quarterly earnings report from November 08, 2021 to November 12, 2021. With its forward dividend of 0.36 and a yield of 11.25 %, the company’s investors might be impatient for the IVR stock to gain before the results are released. Analysts’ estimates give the company an expected earnings per share (EPS) of $ 0.1, with EPS growth for the year increasing to $ 0.4 for 2021 and $ 0.38 for next year. These figures represent growth of 103.70% and -5.00% in EPS for the two years respectively.
Analysts who follow the growth of the company have also attributed it a consensus growth in revenue estimated at $ 41.66 million, with a low of $ 39.54 million and a high of $ 43.79 million. The median projection represents growth down 51.80% from sales growth for the corresponding quarter a year ago. According to analyst consensus estimates, the company’s annual revenue forecast for 2021 is expected to reach $ 173.33 million, -38.10% lower than figures released last year.
There has been no upward or downward revision to the stock’s EPS in the past 7 days, reflecting the nature of the company’s price movement in the short term. On the other hand, looking at the outlook for the IVR stock, the short-term indicators give the stock an average of 25% sell, while the medium-term indicators give it an average of 50% sell. Long-term indicators place the stock in the 100% Sell category on average.
Based on the estimates of 5 analysts, where scores ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 rated Invesco Mortgage Capital Inc. (IVR) stock as pending, while than 0 rating it as a purchase. 0 analyst (s) rate it as overweight while 1 of them rate it as underweight, while 3 suggest the stock as a sell. The stock has an overall underweight rating and investors could take advantage of this and grab shares of the company.
Looking further, we notice that the current price point is 0.17% from its SMA20 and 1.92% from its 50-day simple moving average. The RSI (14) peaks at 50.77 while volatility over the past week is 1.68% and climbs to 1.94% over the past month. The beta value is 1.33, while the Average True Range (ATR) currently points to 0.06. The average price target for the stock over the next 12 months is $ 3.00, with estimates having a low of $ 2.75 and a high of $ 3.25. These prices end at 14.06% and -1.56% respectively from the current price level, although investors may be excited about the prospect of a 6.25% if the IVR share price hits. the median price of $ 3.00.
Let’s briefly compare the stock of Invesco Mortgage Capital Inc. (IVR) to its peers. We see that the current price change of -0.93% and 16.36% over the past 12 months for IVR is competing with that of PennyMac Mortgage Investment Trust (PMT), which has seen its share price rise by 0.50% during the last trading session and was 24.12% higher than the last year. Another of his peers AGNC Investment Corp. (AGNC) gained 0.98% in the previous session and was up 17.61% in the last year, while MFA Financial Inc. (MFA) was also up 0.43% in the last session, while its price remained in the green at 65.02% over the same period. Invesco Mortgage Capital Inc. has a P / E ratio of 4.62 compared to 7.46 for PennyMac Mortgage Investment Trust and 4.75 for AGNC Investment Corp. Unlike these companies, the S&P 500 Index and the Dow Jones Industrial were at 0.74% and 0.56% respectively at market close.
Going back to Invesco Mortgage Capital Inc. (NYSE: IVR), we note that the average 3-month transaction volume was 4.44 million, while the previous 10-day period was 2.97 million. millions. The current shares outstanding are 260.14 million.
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Insiders own 0.10% of the company’s shares while institutions hold 55.90%. Data shows that as of July 29, 2021, short stocks stood at 40.98 million with a short ratio of 6.07. This represents a short interest of 14.15% in the shares outstanding on July 29, 2021. The shares short in July compared to the previous month at 47.66 million. Investors should be excited about this stock as it has significant upside potential, with the current price pushing the stock down -5.33% from the price movement since the start of the year.