The growth track for Invesco Mortgage Capital Inc (IVR) has changed recently

With 1.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.33 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $8.25 whereas the lowest price it dropped to was $8.0. The 52-week range on IVR shows that it touched its highest point at $9.97 and its lowest point at $7.32 during that stretch. It currently has a 1-year price target of $9.17. With its current market cap of 501.02 million, IVR has annualized dividend of $1.60 while the current yield stands at 19.39%. Beta for the stock currently stands at 1.88.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IVR was up-trending over the past week, with a rise of 2.23%, but this was down by -2.48% over a month. Three-month performance dropped to -6.67% while six-month performance fell -10.81%. The stock gained 8.13% in the past year, while it has lost -6.88% so far this year. A look at the trailing 12-month EPS for IVR yields 1.20 with Next year EPS estimates of 3.00. For the next quarter, that number is 0.76. This implies an EPS growth rate of -39.50% for this year and -7.18% for next year.

Float and Shares Shorts:

At present, 54.82 million IVR shares are outstanding with a float of 54.65 million shares on hand for trading. On 2024-10-15, short shares totaled 5.47 million, which was 998.0 higher than short shares on 1726185600. In addition to Mr. John M. Anzalone CFA as the firm’s Chief Executive Officer, Mr. Kevin M. Collins serves as its President.

Institutional Ownership:

Through their ownership of 0.37415 of IVR’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IVR since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IVR analysts setting a high price target of 10.0 and a low target of 8.5, the average target price over the next 12 months is 9.17. Based on these targets, IVR could surge 21.21% to reach the target high and rise by 3.03% to reach the target low. Reaching the average price target will result in a growth of 11.15% from current levels.

Analysts have provided yearly estimates in a range of $3.43434 being high and $3.1111 being low. For IVR, this leads to a yearly average estimate of $3.27272. The surprise factor in the prior quarter was $0.99. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.58. The average estimate for the next quarter is thus $0.74.