At the time of writing, Invesco Mortgage Capital Inc [IVR] stock is trading at $8.37, up 0.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IVR shares have gain 0.24% over the last week, with a monthly amount glided 2.83%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Invesco Mortgage Capital Inc [NYSE: IVR] stock has seen the most recent analyst activity on June 06, 2024, when Janney initiated its Buy rating and assigned the stock a price target of $10. Previously, UBS started tracking the stock with Neutral rating on December 06, 2023, and set its price target to $8. On October 20, 2023, BTIG Research initiated with a Neutral rating. Jefferies started tracking the stock assigning a Underperform rating and suggested a price target of $2.75 on December 14, 2020. BofA Securities initiated its recommendation with a Underperform and recommended $2.50 as its price target on June 30, 2020. Barclays downgraded its rating to Underweight for this stock on May 27, 2020, and downed its price target to $2. In a note dated May 26, 2020, Credit Suisse downgraded an Underperform rating on this stock but restated the target price of $2.50.
For the past year, the stock price of Invesco Mortgage Capital Inc fluctuated between $7.60 and $9.97. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Invesco Mortgage Capital Inc [NYSE: IVR] shares were valued at $8.37 at the most recent close of the market. An investor can expect a potential drop of -4.42% based on the average IVR price forecast.
Analyzing the IVR fundamentals
According to Invesco Mortgage Capital Inc [NYSE:IVR], the company’s sales were 0.75M for trailing twelve months, which represents an -126.50% plunge. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 3.28%, Pretax Profit Margin comes in at 0.84%, and Net Profit Margin reading is 0.84%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.33 points at the first support level, and at 8.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.42, and for the 2nd resistance point, it is at 8.46.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 677.75, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 7.00.