Impac Mortgage - IMH Stock Forecast, Price & News

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. Impac Mortgage Holdings, Inc. was incorporated in 1995 and is based in Irvine, California.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Impac Mortgage in a report on Tuesday. They issued a "hold" rating for the company.

Impac Mortgage Stock Down 1.5 %

Shares of NYSE:IMH opened at $0.44 on Friday. The stock has a market cap of $9.45 million, a P/E ratio of -1.69 and a beta of 0.63. The business's fifty day simple moving average is $0.59 and its 200-day simple moving average is $0.69. The company has a current ratio of 1.57, a quick ratio of 0.50 and a debt-to-equity ratio of 10.05. Impac Mortgage has a 12-month low of $0.39 and a 12-month high of $1.82.