Market Analysts see Invesco Mortgage Capital Inc. [IVR] gaining to $2.75. Time to buy?

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Invesco Mortgage Capital Inc. [NYSE: IVR] traded at a low on 05/09/22, posting a -2.91 loss after which it closed the day’ session at $1.67. The company report on May 4, 2022 that Invesco Mortgage Capital Inc. Reports First Quarter 2022 Financial Results.

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Invesco Mortgage Capital Inc. (NYSE: IVR) (the “Company”) today announced financial results for the quarter ended March 31, 2022.

Net loss per common share of $0.72 compared to $0.23 in Q4 2021.

The results of the trading session contributed to over 9304644 shares changing hands. Over the past one week, the price volatility of Invesco Mortgage Capital Inc. stands at 4.21% while the volatility over the past one month is 3.88%.

The market cap for IVR stock reached $544.59 million, with 329.85 million shares outstanding and 329.33 million shares in the current float. Compared to the average trading volume of 5.78M shares, IVR reached a trading volume of 9304644 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Invesco Mortgage Capital Inc. [IVR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IVR shares is $1.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IVR stock is a recommendation set at 3.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Invesco Mortgage Capital Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on December 14, 2020. While these analysts kept the previous recommendation, BofA Securities raised their target price to Underperform. The new note on the price target was released on June 30, 2020, representing the official price target for Invesco Mortgage Capital Inc. stock. Previously, the target price had yet another drop from $3 to $2, while Barclays kept a Underweight rating on IVR stock.

The Average True Range (ATR) for Invesco Mortgage Capital Inc. is set at 0.09, with the Price to Sales ratio for IVR stock in the period of the last 12 months amounting to 2.82. The Price to Book ratio for the last quarter was 0.79, with the Price to Cash per share for the same quarter was set at 0.77. Price to Free Cash Flow for IVR in the course of the last twelve months was 11.07.

How has IVR stock performed recently?

Invesco Mortgage Capital Inc. [IVR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.70. With this latest performance, IVR shares dropped by -16.92% in over the last four-week period, additionally sinking by -50.45% over the last 6 months – not to mention a drop of -52.96% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IVR stock in for the last two-week period is set at 33.58, with the RSI for the last a single of trading hit 32.99, and the three-weeks RSI is set at 34.11 for Invesco Mortgage Capital Inc. [IVR]. The present Moving Average for the last 50 days of trading for this stock 2.0470, while it was recorded at 1.7620 for the last single week of trading, and 2.7627 for the last 200 days.

Invesco Mortgage Capital Inc. [IVR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Invesco Mortgage Capital Inc. [IVR] shares currently have an operating margin of -159.26 and a Gross Margin at +58.12. Invesco Mortgage Capital Inc.’s Net Margin is presently recorded at -178.81.

Return on Equity for this stock declined to -6.50, with Return on Assets sitting at -1.05.

Insider trade positions for Invesco Mortgage Capital Inc. [IVR]

There are presently around $292 million, or 54.30% of IVR stock, in the hands of institutional investors. The top three institutional holders of IVR stocks are: BLACKROCK INC. with ownership of 51,816,914, which is approximately -0.751% of the company’s market cap and around 0.17% of the total institutional ownership; VANGUARD GROUP INC, holding 32,974,703 shares of the stock with an approximate value of $55.07 million in IVR stocks shares; and STATE STREET CORP, currently with $17.39 million in IVR stock with ownership of nearly 15.966% of the company’s market capitalization.

Positions in Invesco Mortgage Capital Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 123 institutional holders increased their position in Invesco Mortgage Capital Inc. [NYSE:IVR] by around 21,316,583 shares. Additionally, 94 investors decreased positions by around 11,106,629 shares, while 26 investors held positions by with 142,421,630 shares. The mentioned changes placed institutional holdings at 174,844,842 shares, according to the latest SEC report filing. IVR stock had 31 new institutional investments in for a total of 1,970,768 shares, while 31 institutional investors sold positions of 1,142,214 shares during the same period.