Invesco Mortgage Capital Inc (NYSE: IVR) closed the day trading at $8.93 up 0.90% from the previous closing price of $8.85. In other words, the price has increased by $+0.08 from its previous closing price. On the day, 718068 shares were traded.
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Ratios:
For a better understanding of IVR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.82. In the meantime, Its Debt-to-Equity ratio is 5.70 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 06, 2023, initiated with a Neutral rating and assigned the stock a target price of $8.
On December 14, 2020, Jefferies started tracking the stock assigning a Underperform rating and target price of $2.75.Jefferies initiated its Underperform rating on December 14, 2020, with a $2.75 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IVR now has a Market Capitalization of 434.58M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.28 while its Price-to-Book (P/B) ratio in mrq is 0.88.
Stock Price History:
Over the past 52 weeks, IVR has reached a high of $12.37, while it has fallen to a 52-week low of $6.34. The 50-Day Moving Average of the stock is 9.01, while the 200-Day Moving Average is calculated to be 9.47.
Shares Statistics:
Over the past 3-months, IVR traded about 931.12K shares per day on average, while over the past 10 days, IVR traded about 1.18M shares per day. A total of 48.46M shares are outstanding, with a floating share count of 48.35M. Insiders hold about 0.23% of the company’s shares, while institutions hold 42.43% stake in the company. Shares short for IVR as of Mar 15, 2024 were 3.06M with a Short Ratio of 3.28, compared to 1.87M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.28% and a Short% of Float of 6.30%.
Dividends & Splits
IVR’s forward annual dividend rate is 1.60, up from 1.60 a year ago. Against a Trailing Annual Dividend Yield of 18.08%, it implies a Forward Annual Dividend Yield of 16.77%. The stock’s 5-year Average Dividend Yield is 22.06.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $1.28 for the current quarter, with a high estimate of $1.67 and a low estimate of $1.06, while EPS last year was $1.5. The consensus estimate for the next quarter is $1.04, with high estimates of $1.06 and low estimates of $1.03.
Analysts are recommending an EPS of between $6.34 and $4.25 for the fiscal current year, implying an average EPS of $4.96. EPS for the following year is $4.1, with 2 analysts recommending between $4.23 and $3.98.
Revenue Estimates
2 analysts predict $59.56M in revenue for the current quarter. It ranges from a high estimate of $62.13M to a low estimate of $56.99M. As of the current estimate, Invesco Mortgage Capital Inc’s year-ago sales were $70.35M, an estimated decrease of -15.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $58.42M, a decrease of -18.20% less than the figure of -$15.30% in the same quarter last year. There is a high estimate of $62.21M for the next quarter, whereas the lowest estimate is $54.62M.
A total of 2 analysts have provided revenue estimates for IVR’s current fiscal year. The highest revenue estimate was $249.07M, while the lowest revenue estimate was $224.45M, resulting in an average revenue estimate of $236.76M. In the same quarter a year ago, actual revenue was $277.93M, down -14.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $231.47M in the next fiscal year. The high estimate is $248.28M and the low estimate is $214.66M. The average revenue growth estimate for next year is down -2.20% from the average revenue estimate for this year.
