Invesco Mortgage Capital Inc (NYSE: IVR) has experienced a decline in its stock price by -5.77 compared to its previous closing price of 8.14. However, the company has seen a fall of -7.70% in its stock price over the last five trading days. zacks.com reported 2024-11-05 that Invesco Mortgage Capital (IVR) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.51 per share a year ago.
Is It Worth Investing in Invesco Mortgage Capital Inc (NYSE: IVR) Right Now?
The price-to-earnings ratio for Invesco Mortgage Capital Inc (NYSE: IVR) is above average at 6.41x. The 36-month beta value for IVR is also noteworthy at 1.88. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for IVR is 54.65M, and at present, short sellers hold a 10.01% of that float. The average trading volume of IVR on November 06, 2024 was 1.29M shares.
IVR’s Market Performance
The stock of Invesco Mortgage Capital Inc (IVR) has seen a -7.70% decrease in the past week, with a -9.45% drop in the past month, and a -12.44% fall in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are at 1.91% for IVR. The simple moving average for the past 20 days is -8.57% for IVR’s stock, with a -14.10% simple moving average for the past 200 days.
Analysts’ Opinion of IVR
Many brokerage firms have already submitted their reports for IVR stocks, with Janney repeating the rating for IVR by listing it as a “Buy.” The predicted price for IVR in the upcoming period, according to Janney is $10 based on the research report published on June 06, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see IVR reach a price target of $8. The rating they have provided for IVR stocks is “Neutral” according to the report published on December 06th, 2023.
IVR Trading at -11.79% from the 50-Day Moving Average
After a stumble in the market that brought IVR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.07% of loss for the given period.
Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -8.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.38% lower at present.
During the last 5 trading sessions, IVR fell by -7.22%, which changed the moving average for the period of 200-days by -16.01% in comparison to the 20-day moving average, which settled at $8.39. In addition, Invesco Mortgage Capital Inc saw -13.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IVR
Current profitability levels for the company are sitting at:
- 1.9 for the present operating margin
- 0.67 for the gross margin
The net margin for Invesco Mortgage Capital Inc stands at 0.73. The total capital return value is set at 0.05. Equity return is now at value 10.23, with 1.41 for asset returns.
Currently, EBITDA for the company is 222.84 million with net debt to EBITDA at -0.16. When we switch over and look at the enterprise to sales, we see a ratio of 2.15.
Conclusion
In summary, Invesco Mortgage Capital Inc (IVR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
