In recent trading session, Invesco Mortgage Capital Inc. (NYSE:IVR) saw 2,763,333 shares changing hands with its beta currently measuring 1.4. Company’s recent per share price level of $3.11 trading at -$0.07 or -2.36% at recent trade assigns it a market valuation of $562.96 Million. That current trading price of IVR’s stock is at a discount of -488.42% from its 52-week high price of $18.3 and is indicating a premium of 41.48% from its 52-week low price of $1.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.21 Million shares which gives us an average trading volume of 17.94 Million if we extend that period to 3-months.
Invesco Mortgage Capital Inc. (NYSE:IVR) trade information
In the face of being in the red today for losing -2.36%, in the last five days IVR remained trading in the green while hitting it’s week-highest on Wednesday, Jul 29 when the stock touched $3.39-8 price level, adding 8.64% to its value on the day. Invesco Mortgage Capital Inc.’s shares saw a change of -78.35% in year-to-date performance and have moved -6.71% in past 5-day. Invesco Mortgage Capital Inc. (NYSE:IVR) showed a performance of -17.19% in past 30-days. Number of shares sold short was 59.81 Million shares which calculate 3.33 days to cover the short interests.
Invesco Mortgage Capital Inc. (IVR) estimates and forecasts
Statistics highlight that Invesco Mortgage Capital Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -78.88% of value to its shares in past 6 months, showing an annual growth rate of -92.71% while that of industry is -27.1. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -217.9% in the current quarter and calculating -95% decline in the next quarter. This year revenue growth is estimated to drop -60.3% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $37.55 Million for the same. And 2 analysts are in estimates of company making revenue of $36.65 Million in the next quarter that will end in September 01, 2020. Company posted $202.22 Million of sales in current quarter a year earlier. Analysts are expecting this quarter sales to drop by -81.4%.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 26.8% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 334.1% while estimates for its earnings growth in next 5 years are of 1.7%
Invesco Mortgage Capital Inc. is more likely to be releasing its next quarterly report between August 06 and August 06, 2020, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.44%, the share has a forward dividend of 0.08 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 14.38%.
Invesco Mortgage Capital Inc. (NYSE:IVR)’s Major holders
Insiders are in possession of 0.23% of company’s total shares while institution are holding 65.1% percent of that, with stock having share float percentage of 65.25%. Investors also watch the number of corporate investors in a company very closely, which is 320 institutions for Invesco Mortgage Capital Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at IVR for having 29.68 Million shares of worth $101.22 Million. And as of March 30, 2020, it was holding 17.99% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 16.49 Million shares on March 30, 2020. The number of shares represents firm’s hold over 10% of outstanding shares, having a total worth of $56.24 Million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 9779664 shares of worth $29.73 Million or 5.93% of the total outstanding shares. The later fund manager was in possession of 4.19 Million shares on March 30, 2020, making its stake of worth around $14.29 Million in the company or a holder of 2.54% of company’s stock.