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How to buy Impac Mortgage stock | $2.9

Own Impac Mortgage stock in just a few minutes.

Fact checked

Impac Mortgage Holdings, Inc is a mortgage finance business based in the US. Impac Mortgage shares (IMH) are listed on the NYSE MKT and all prices are listed in US Dollars. Impac Mortgage employs 530 staff and has a market cap (total outstanding shares value) of USD$60.5 million.

How to buy shares in Impac Mortgage

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Impac Mortgage. Find the stock by name or ticker symbol: IMH. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Impac Mortgage reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$2.9, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Impac Mortgage, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Impac Mortgage. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Impac Mortgage share price

Use our graph to track the performance of IMH stocks over time.

Impac Mortgage shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$2.9
52-week rangeUSD$1.1 - USD$7.85
50-day moving average USD$2.1891
200-day moving average USD$1.6682
Wall St. target priceUSD$14
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-2.873

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Impac Mortgage stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Impac Mortgage price performance over time

Historical closes compared with the close of $2.9 from 2021-01-11

1 week (2021-01-15) 3.57%
1 month (2020-12-22) 6.62%
3 months (2020-10-22) 107.14%
6 months (2020-07-22) 84.71%
1 year (2020-01-22) -48.31%
2 years (2019-01-22) -30.12%
3 years (2018-01-22) 10.38
5 years (2016-01-22) 14.56

Is Impac Mortgage under- or over-valued?

Valuing Impac Mortgage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Impac Mortgage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Impac Mortgage's PEG ratio

Impac Mortgage's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.26. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Impac Mortgage's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Impac Mortgage financials

Operating margin TTM 219.05%
Gross profit TTM USD$-40,329,000
Return on assets TTM -2.69%
Return on equity TTM -142.64%
Profit margin 0%
Book value $0.808
Market capitalisation USD$60.5 million

TTM: trailing 12 months

Shorting Impac Mortgage shares

There are currently 73,018 Impac Mortgage shares held short by investors – that's known as Impac Mortgage's "short interest". This figure is 10.9% up from 65,864 last month.

There are a few different ways that this level of interest in shorting Impac Mortgage shares can be evaluated.

Impac Mortgage's "short interest ratio" (SIR)

Impac Mortgage's "short interest ratio" (SIR) is the quantity of Impac Mortgage shares currently shorted divided by the average quantity of Impac Mortgage shares traded daily (recently around 197345.94594595). Impac Mortgage's SIR currently stands at 0.37. In other words for every 100,000 Impac Mortgage shares traded daily on the market, roughly 370 shares are currently held short.

However Impac Mortgage's short interest can also be evaluated against the total number of Impac Mortgage shares, or, against the total number of tradable Impac Mortgage shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Impac Mortgage's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Impac Mortgage shares in existence, roughly 0 shares are currently held short) or 0.0079% of the tradable shares (for every 100,000 tradable Impac Mortgage shares, roughly 8 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Impac Mortgage.

Find out more about how you can short Impac Mortgage stock.

Impac Mortgage share dividends

We're not expecting Impac Mortgage to pay a dividend over the next 12 months.

Have Impac Mortgage's shares ever split?

Impac Mortgage's shares were split on a 1:10 basis on 12 January 2009. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Impac Mortgage shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Impac Mortgage shares which in turn could have impacted Impac Mortgage's share price.

Impac Mortgage share price volatility

Over the last 12 months, Impac Mortgage's shares have ranged in value from as little as $1.1 up to $7.85. A popular way to gauge a stock's volatility is its "beta".

IMH.US volatility(beta: 0.72)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Impac Mortgage's is 0.7202. This would suggest that Impac Mortgage's shares are less volatile than average (for this exchange).

Impac Mortgage overview

Impac Mortgage Holdings, Inc. operates as a residential mortgage lender in the United States. It operates through three segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. The Mortgage Lending segment provides mortgage lending products through three lending channels, such as retail, wholesale, and correspondent and opportunistically retain mortgage servicing rights. The Real Estate Services segment provides loss mitigation and real estate services primarily on its long-term mortgage portfolio, including default surveillance, loan modification, short sale, and real estate owned surveillance and disposition services, as well as monitoring, reconciling, and reporting services for residential and multifamily mortgage portfolios. This segment provides services to investors, servicers, and individual borrowers primarily focusing on loss mitigation and performance. The Long-Term Mortgage Portfolio segment consists of residual interests in the securitization trusts reflected as trust assets and liabilities in its consolidated balance sheets. The company was founded in 1995 and is based in Irvine, California.

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