Impac Stock Analysis

IMH -  USA Stock  

USD 2.01  0.09  4.29%

The current indifference towards the small price fluctuations of Impac Mortgage may raise some interest from stockholders. The stock closed today at a share price of 2.01 on 112,426 in trading volume. The company directors and management did not add any value to Impac Mortgage Holdings investors in May. However, most investors can still diversify their portfolios with Impac Mortgage to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.28. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Impac Mortgage Holdings partners.
Please see Risk vs Return Analysis.

Search Stock Analysis 

 
Refresh
The Impac Mortgage stock analysis report makes it easy to digest most publicly released information about Impac Mortgage and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Impac stock analysis module also helps to analyze the Impac Mortgage price relationship with some important fundamental indicators such as market cap and management efficiency.

Impac Stock Analysis Notes

About 43.0% of the company shares are held by company insiders. The book value of Impac Mortgage was currently reported as 0.63. The company has Price/Earnings To Growth (PEG) ratio of 0.77. Impac Mortgage Holdings recorded a loss per share of 1.13. The entity next dividend is scheduled to be issued on the 4th of April 2007. The firm had 1:10 split on the 12th of January 2009. Impac Mortgage Holdings, Inc. operates as a residential mortgage lender in the United States. Impac Mortgage Holdings, Inc. was incorporated in 1995 and is based in Irvine, California. Impac Mortgage operates under Mortgage Finance classification in the United States and is traded on NYSEMKT Exchange. It employs 326 people. To learn more about Impac Mortgage Holdings call William Ashmore at 949 475 3600 or check out http://www.impaccompanies.com.

Impac Mortgage Holdings Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Impac Mortgage's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Impac Mortgage Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Impac Mortgage has very high historical volatility over the last 90 days
Impac Mortgage has high likelihood to experience some financial distress in the next 2 years
Reported Net Loss for the year was (24.1 M) with loss before taxes, overhead, and interest of (93.35 M).
Impac Mortgage has a poor financial position based on the latest SEC disclosures
About 43.0% of the company shares are held by company insiders
Latest headline from www.equities.com: Impac Mortgage Holdings, Inc. gains 7.5890 percent for June 14 - Equities.com

Impac Mortgage SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Impac Mortgage prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Impac Mortgage investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Impac Mortgage Holdings specific information freely available to individual and institutional investors to make a timely investment decision.
6th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
19th of April 2021
Unclassified Corporate Event
View
22nd of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
11th of March 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
12th of February 2021
Unclassified Corporate Event
View
11th of February 2021
Unclassified Corporate Event
View
31st of December 2020
Other Events
View
25th of November 2020
Unclassified Corporate Event
View

Impac Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Impac Mortgage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Impac Mortgage Holdings backward and forwards among themselves. Impac Mortgage's institutional investor refers to the entity that pools money to purchase Impac Mortgage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Hightower Advisors LlcCommon Shares837.8 K1.7 M
Vanguard Group IncCommon Shares441.3 K886 K
Morgan StanleyCommon Shares356.3 K716 K
Bridgeway Capital Management LlcCommon Shares174.7 K351 K
Renaissance Technologies LlcCommon Shares161.9 K326 K
Salzhauer MichaelCommon Shares128.1 K257 K
Geode Capital Management LlcCommon Shares90.2 K181 K
Wolverine Trading LlcCall Options13.5 K28 K
Simplex Trading LlcPut Options87.017 K
Note, although Impac Mortgage's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Impac Market Capitalization

The company currently falls under 'Micro-Cap' category with total capitalization of 46.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Impac Mortgage's market, we take the total number of its shares issued and multiply it by Impac Mortgage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Impac Profitablity

Impac Mortgage's profitability indicators refer to fundamental financial ratios that showcase Impac Mortgage's ability to generate income relative to its revenue or operating costs. If, let's say, Impac Mortgage is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Impac Mortgage's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Impac Mortgage's profitability requires more research than a typical breakdown of Impac Mortgage's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Investment(16.13) (16.55) 
Return on Average Assets(0.035) (0.0359) 
Return on Average Equity(4.23) (4.34) 
Return on Invested Capital 0.009  0.009237 
Return on Sales(3.18) (3.26) 

Management Efficiency

The entity has Return on Asset of (0.91) % which means that on every $100 spent on asset, it lost $0.91. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (98.46) %, meaning that it generated no profit with money invested by stockholders. Impac Mortgage management efficiency ratios could be used to measure how well impac mortgage holdings manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Invested Capital is estimated to increase to 0.009237, while Return on Investment is projected to decrease to (16.55) . Impac Mortgage Total Assets Per Share are most likely to decrease significantly in the upcoming years. The last year's value of Total Assets Per Share was reported at 111.56. The current Tangible Assets Book Value per Share is estimated to increase to 114.54, while Goodwill and Intangible Assets are projected to decrease to roughly 133.1 M.
Last ReportedProjected for 2021
Book Value per Share 0.74  0.76 
Enterprise Value over EBIT 7.20  7.39 
Enterprise Value over EBITDA 8.29  8.50 
Price to Book Value 4.12  4.45 
Tangible Assets Book Value per Share 111.60  114.54 
Enterprise Value213.4 M219 M
Tangible Asset Value2.4 B3.3 B

Technical Drivers

As of the 17th of June 2021, Impac Mortgage retains the Downside Deviation of 3.71, risk adjusted performance of 0.0176, and Market Risk Adjusted Performance of 0.0443. Impac Mortgage technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Impac Mortgage Holdings, which can be compared to its competitors. Please check out Impac Mortgage Holdings treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Impac Mortgage is priced fairly, providing market reflects its last-minute price of 2.01 per share. Please also validate Impac Mortgage Holdings total risk alpha, which is currently at (0.36) to confirm the company can sustain itself at a future point.

Impac Mortgage Holdings Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of Impac Mortgage Holdings more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Impac Mortgage Holdings Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Impac Mortgage insiders, such as employees or executives, is commonly permitted as long as it does not rely on Impac Mortgage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Impac Mortgage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Rhp Trust Dated May 31 2011 over two months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Rhp Trust Dated May 31 2011 over two months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
George Mangiaracina over three months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Justin Moisio over three months ago via Macroaxis 
Acquisition by Justin Moisio of 7045 shares of Impac Mortgage subject to Rule 16b-3
Thomas Akin over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Thomas Akin over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Thomas Akin over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Justin Moisio over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Thomas Akin over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Rhp Trust Dated May 31 2011 over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Thomas Akin over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected
Thomas Akin over six months ago via Macroaxis 
Impac Mortgage exotic insider transaction detected

Impac Mortgage Predictive Daily Indicators

Impac Mortgage intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Impac Mortgage stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Impac Mortgage Forecast Models

Impac Mortgage time-series forecasting models is one of many Impac Mortgage's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Impac Mortgage's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Impac Mortgage Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Impac Mortgage stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Impac shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Impac Mortgage. By using and applying Impac Stock analysis, traders can create a robust methodology for identifying Impac entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin(6.25) (6.42) 
EBITDA Margin(3.18) (3.26) 
Gross Margin 0.90  0.89 
Profit Margin 10.89  11.75 
Impac Mortgage Holdings, Inc. operates as a residential mortgage lender in the United States. Impac Mortgage Holdings, Inc. was incorporated in 1995 and is based in Irvine, California. Impac Mortgage operates under Mortgage Finance classification in the United States and is traded on NYSEMKT Exchange. It employs 326 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Impac Mortgage to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module
Please see Risk vs Return Analysis. Note that the Impac Mortgage Holdings information on this page should be used as a complementary analysis to other Impac Mortgage's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Impac Mortgage Stock analysis

When running Impac Mortgage Holdings stock analysis, check to measure Impac Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Impac Mortgage is operating at the current time. Most of Impac Mortgage's stock examination focuses on studying past and present price action to predict the probability of Impac Mortgage's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Impac Mortgage's price. Additionally, you may evaluate how the addition of Impac Mortgage to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
The market value of Impac Mortgage Holdings is measured differently than its book value, which is the value of Impac that is recorded on the company's balance sheet. Investors also form their own opinion of Impac Mortgage stock's value that differs from its market value or its book value, called intrinsic value, which is Impac Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Impac Mortgage's market value can be influenced by many factors that don't directly affect Impac Mortgage Holdings underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Impac Mortgage's stock value and its price as these two are different measures arrived at by different means. Investors typically determine Impac Mortgage value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impac Mortgage's stock price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.