In recent trading session, Invesco Mortgage Capital Inc. (NYSE:IVR) saw 1.31 million shares changing hands at last check today with its beta currently measuring 1.25. Company’s recent per share price level of $2.87 trading at $0.01 or 0.17% at last check today assigns it a market valuation of $873.67M. That most recent trading price of IVR’s stock is at a discount of -60.28% from its 52-week high price of $4.60 and is indicating a premium of 8.36% from its 52-week low price of $2.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.06 million shares which gives us an average trading volume of 5.11 million if we extend that period to 3-months.
Invesco Mortgage Capital Inc. (NYSE:IVR) trade information
Upright in the green today for gaining 0.17%, in the last five days IVR remained trading in the red while hitting it’s week-highest on Friday, 01/07/22 when the stock touched $2.87 price level, adding 4.97% to its value on the day. Invesco Mortgage Capital Inc.’s shares saw a change of 2.88% in year-to-date performance and have moved -2.05% in past 5-day. Invesco Mortgage Capital Inc. (NYSE:IVR) showed a performance of -3.70% in past 30-days. Number of shares sold short was 21.76 million shares which calculate 3.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $3.00 to the stock, which implies a rise of 4.33% to its recent value today. Analysts have been projecting $3.00 as a low price target for the stock while placing it at a high target of $3.00. It follows that stock’s current price would drop -4.53% in reaching the projected high whereas dropping to the targeted low would mean a loss of -4.53% for stock’s current value.
Invesco Mortgage Capital Inc. (IVR) estimates and forecasts
Statistics highlight that Invesco Mortgage Capital Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -16.62% of value to its shares in past 6 months, showing an annual growth rate of 104.15% while that of industry is 1.90. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -10.00% in the current quarter and calculating -18.20% decrease in the next quarter. This year revenue growth is estimated to fall -40.90% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $40.77 million for the same. And 1 analysts are in estimates of company making revenue of $41.34 million in the next quarter that will end on Mar 2022. Company posted $35.86 million and $40.01 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 13.70% while estimating it to be 3.30% for the next quarter.
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 -0.60% during past 5 years.
Invesco Mortgage Capital Inc. is more likely to be releasing its next quarterly report between February 21 and February 25 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 12.59%, the share has a forward dividend of 0.36 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 16.97%.
Invesco Mortgage Capital Inc. (NYSE:IVR)’s Major holders
Insiders are in possession of 0.18% of company’s total shares while institution are holding 54.91 percent of that, with stock having share float percentage of 55.01%. Investors also watch the number of corporate investors in a company very closely, which is 54.91% 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 52.21 million shares of worth $164.46 million. And as of Sep 29, 2021, it was holding 16.75% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 30.18 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 9.68% of outstanding shares, having a total worth of $95.06 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 Oct 30, 2021, the former fund manager was holding 19.58 million shares of worth $61.49 million or 6.28% of the total outstanding shares. The later fund manager was in possession of 8.07 million shares on Sep 29, 2021, making its stake of worth around $25.41 million in the company or a holder of 2.59% of company’s stock.