Currently, there are 65.27M common shares owned by the public and among those 65.09M shares have been available to trade.
The company’s stock has a 5-day price change of -6.73% and -2.31% over the past three months. IVR shares are trading -0.12% year to date (YTD), with the 12-month market performance down to -16.94% lower. It has a 12-month low price of $7.47 and touched a high of $9.97 over the same period. IVR has an average intraday trading volume of 1.59 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.19%, -5.64%, and -6.93% respectively.
Institutional ownership of Invesco Mortgage Capital Inc (NYSE: IVR) shares accounts for 40.88% of the company’s 65.27M shares outstanding.
It has a market capitalization of $524.80M and a beta (3y monthly) value of 1.41. The stock’s trailing 12-month PE ratio is 12.44, while the earnings-per-share (ttm) stands at $0.65. The company has a debt-to-equity ratio at 6.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.82% over the week and 2.35% over the month.
Earnings per share for the fiscal year are expected to decrease by -17.95%, and -1.12% over the next financial year. EPS should grow at an annualized rate of -9.93% over the next five years, compared to -51.53% over the past 5-year period.
Looking at the support for the IVR, a number of firms have released research notes about the stock. Janney stated their Buy rating for the stock in a research note on June 06, 2024, with the firm’s price target at $10. UBS coverage for the Invesco Mortgage Capital Inc (IVR) stock in a research note released on December 06, 2023 offered a Neutral rating with a price target of $8. BTIG Research was of a view on October 20, 2023 that the stock is Neutral, while Jefferies gave the stock Underperform rating on December 14, 2020, issuing a price target of $2.75. BofA Securities on their part issued Underperform rating on June 30, 2020.
