At the last check on Thursday, Invesco Mortgage Capital Inc.’s (NYSE:IVR) stock was down -$0.25, moving down -2.40 percent to $10.38. The average number of shares traded per day over the past five days has been 787,435 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.40 fall in that time frame. In the last twenty days, the average volume was 935,604, while in the previous 50 days, it was 775,705.
Since last month, IVR stock retreated -0.14%. Shares of the company fell to $10.31 on 09/21/23, the lowest level in the past month. A 52-week high of $15.56 was reached on 02/02/23 after having rallying from a 52-week low of $9.48. Since the beginning of this year, IVR’s stock price has dropped by -18.50% or -$2.37, and marked a new high 11 times. However, the stock has declined by -33.30% since its 52-week high.
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IVR stock investors should be aware that Invesco Mortgage Capital Inc. (IVR) stock had its last reported insider trading activity 286 days ago on Dec 09. LIENTZ JAMES R JR, the Director of the company, disposed of 1,630 shares for $12.86 on Dec 09. It resulted in a $20,962 divestment by the insider.
Valuation Metrics
The stock’s beta is 1.60. Besides these, the trailing price-to-sales (P/S) ratio of 1.71, the price-to-book (PB) ratio of 0.81, and the price-to-cash flow ratio of 1.69 may also be considered.
The latest dividend of $0.40 per share was paid out, remained unchanged from last year’s $0.40. On Monday March 27 2023, a $0.25 dividend decrease was announced.
Financial Health
On the profitability front, the trailing twelve-month gross margin is 28.70% percent. In the year ended June 29, operating margins totaled 25.70%. Based on annual data, IVR earned $117.63 million in gross profit and brought in $194.51 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.50%. Return on equity (ROE) for the past 12 months was -9.70%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Invesco Mortgage Capital Inc. to report $1.07 quarterly earnings, the actual figure was $1.45 per share, beating the consensus estimate by 35.50%. During the quarter, the company generated $5.03 million in EBITDA. The value of shareholders’ equity is $44.58 million.
Technical Picture
This quick technical analysis looks at Invesco Mortgage Capital Inc.’s (IVR) price momentum. With a historical volatility rate of 18.79%, the RSI 9-day stood at 29.09% on 20 September.
With respect to its five-day moving average, the current Invesco Mortgage Capital Inc. price is down by -3.74% percent or -$0.40. At present, IVR shares trade -3.01% below its 20-day simple moving average and -2.38% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.42% below its SMA50 and -22.53% below its SMA200.
Stochastic coefficient K was 9.77% and Stochastic coefficient D was 19.38%, while ATR was 0.24. Given the Stochastic reading of 4.32% for the 14-day period, the RSI (14) reading has been calculated as 35.12%. As of today, the MACD Oscillator reading stands at -0.15, while the 14-day reading stands at -0.21.
Analyst Ratings
Jefferies launched its rating on Invesco Mortgage Capital Inc. (NYSE: IVR) to an Underperform in a note to investors on December 14, 2020. Invesco Mortgage Capital Inc. (IVR) has been rated Underweight by analysts. According to 0 brokerage firms, IVR is a sell, and 1 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Invesco Mortgage Capital Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $11.00, the current consensus forecast for the stock is $11.00 – $11.00. Based on these forecasts, analysts predict Invesco Mortgage Capital Inc. (IVR) will achieve an average price target of $11.00.
