Impac Mortgage Holdings, Inc. (IMPHP)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Impac Mortgage Holdings, Inc. (IMPHP) trades at $4.25. Impac Mortgage Holdings, Inc. is a residential mortgage lender operating in the United States. The company operates through three segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for IMPHP: IMPHP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IMPHP against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
IMPHP: 1/1 perspectives are bearish.
How is this calculated? →Impac Mortgage Holdings, Inc. (IMPHP) Financial Services Profile
Impac Mortgage Holdings, Inc. is a residential mortgage lender in the U.S., offering mortgage products through retail, wholesale, and correspondent channels. The company also provides real estate services and manages a long-term mortgage portfolio, operating in a competitive landscape with fluctuating interest rates and housing market dynamics.
What Is the Investment Thesis for IMPHP?
Impac Mortgage Holdings, Inc. faces a challenging environment with a negative P/E ratio of -0.15 and a significant negative profit margin of -1024.6%. While the gross margin is strong at 94.3%, the company's overall profitability is a concern. The beta of 0.73 suggests lower volatility compared to the market. Growth catalysts may include expansion of mortgage lending products and services, but potential risks include fluctuations in interest rates and housing market conditions. Investors should closely monitor the company's ability to improve profitability and manage its long-term mortgage portfolio effectively. The absence of a dividend yield further impacts its attractiveness to income-seeking investors.
Based on FMP financials and quantitative analysis
IMPHP Key Highlights
- P/E ratio of -0.15 indicates the company is currently not profitable.
- Profit Margin of -1024.6% reflects significant losses relative to revenue.
- Gross Margin of 94.3% demonstrates strong efficiency in generating revenue from sales.
- Beta of 0.73 suggests the stock is less volatile than the overall market.
- No Dividend Yield indicates that the company does not currently distribute profits to shareholders.
Who Are IMPHP's Competitors?
IMPHP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AVFCF ADVFN Plc | $0.27 | +0.00% | $12.50M | 45 |
| ECGR Bellatora Inc. | $0.80 | +17.65% | $13.39M | 49 |
| FWAV Fourth Wave Energy, Inc. | $0.04 | +0.00% | $15.36M | 38 |
| GTVI Joway Health Industries Group Inc. | $0.07 | +4.43% | $15.30M | 44 |
| SNFCA Security National Financial Corporation | $9.86 | +1.39% | $221.25M | 73 |
| BETRW Better Home & Finance Holding Company | $0.20 | -1.46% | $441.57M | 69 |
| ECPG Encore Capital Group, Inc. | $89.85 | -0.84% | $1.93B | 66 |
| VRTB Vestin Realty Mortgage II, Inc. | $3105.00 | +19.42% | $7.26M | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IMPHP's Key Strengths?
- Diversified mortgage lending channels (retail, wholesale, correspondent).
- Expertise in real estate services and loss mitigation.
- Established long-term mortgage portfolio.
- Experience in managing securitization trusts.
What Are IMPHP's Weaknesses?
- Negative profitability and high loss margin.
- Reliance on interest rate environment and housing market conditions.
- Exposure to credit risk in mortgage portfolio.
- Limited dividend yield.
What Could Drive IMPHP Stock Higher?
- Potential expansion of mortgage product offerings in Q3 2026.
- Strategic partnerships with real estate agencies to increase loan origination volume.
- Enhancement of real estate services to generate additional revenue streams.
What Are the Key Risks for IMPHP?
- Fluctuations in interest rates impacting mortgage demand.
- Economic downturn affecting borrower ability to repay loans.
- Increased competition from other mortgage lenders.
- Negative profitability and high loss margin.
What Are the Growth Opportunities for IMPHP?
- Expansion of Mortgage Lending Products: Impac Mortgage Holdings can expand its range of mortgage products to cater to a broader spectrum of borrowers. By introducing innovative mortgage solutions, such as specialized loans for first-time homebuyers or customized products for high-net-worth individuals, Impac can tap into new market segments. The market for specialized mortgage products is estimated to grow to $500 billion by 2028, offering a substantial opportunity for Impac to increase its lending volume and revenue.
- Strategic Partnerships with Real Estate Agencies: Forming strategic alliances with real estate agencies can provide Impac with a consistent stream of mortgage referrals. By partnering with key players in the real estate market, Impac can gain access to a wider pool of potential borrowers and enhance its market presence. The real estate partnership market is projected to reach $100 million by 2027, presenting a valuable avenue for Impac to strengthen its distribution network and drive loan origination growth.
- Enhancement of Real Estate Services: Impac Mortgage Holdings can enhance its real estate services segment by offering a more comprehensive suite of solutions to investors and servicers. By expanding its services to include property management, valuation, and consulting, Impac can generate additional revenue streams and solidify its position as a full-service real estate provider. The market for comprehensive real estate services is expected to grow to $250 billion by 2029, offering a significant opportunity for Impac to diversify its revenue base and enhance its profitability.
- Technological Innovation in Mortgage Processing: Investing in technological innovation to streamline mortgage processing can significantly improve efficiency and reduce costs. By implementing advanced automation and digital solutions, Impac can expedite loan approvals, enhance customer experience, and gain a competitive edge. The market for mortgage technology is projected to reach $5 billion by 2027, highlighting the growing importance of technological innovation in the mortgage industry.
- Geographic Expansion into Underserved Markets: Expanding its geographic footprint into underserved markets can provide Impac with access to new customer segments and growth opportunities. By targeting regions with limited access to mortgage financing, Impac can tap into untapped demand and increase its lending volume. The market for mortgage financing in underserved markets is estimated to reach $300 billion by 2028, presenting a significant opportunity for Impac to expand its market reach and promote financial inclusion.
What Opportunities Does IMPHP Have?
- Expansion of mortgage product offerings.
- Strategic partnerships with real estate agencies.
- Enhancement of real estate services segment.
- Technological innovation in mortgage processing.
What Threats Does IMPHP Face?
- Fluctuations in interest rates and housing market values.
- Increased competition from other mortgage lenders.
- Regulatory changes impacting mortgage lending practices.
- Economic downturn affecting borrower ability to repay loans.
What Are IMPHP's Competitive Advantages?
- Established network of retail, wholesale, and correspondent lending channels.
- Expertise in loss mitigation and real estate services.
- Long-term mortgage portfolio providing a recurring revenue stream.
- Experience in managing complex securitization trusts.
What Does IMPHP Do?
Impac Mortgage Holdings, Inc., incorporated in 1995 and based in Irvine, California, operates as a residential mortgage lender in the United States. The company's operations are divided into three segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. The Mortgage Lending segment focuses on providing a range of mortgage products through three distinct lending channels: retail, wholesale, and correspondent. This segment also opportunistically retains mortgage servicing rights. The Real Estate Services segment offers loss mitigation and real estate services, primarily focused on its long-term mortgage portfolio. These services include default surveillance, loan modification, short sale assistance, and real estate owned (REO) surveillance and disposition services. Additionally, this segment provides monitoring, reconciling, and reporting services for residential and multifamily mortgage portfolios, catering to investors, servicers, and individual borrowers. The Long-Term Mortgage Portfolio segment comprises residual interests in securitization trusts, which are reflected as trust assets and liabilities on the company's consolidated balance sheets. Impac aims to provide comprehensive mortgage solutions and real estate services, navigating the complexities of the housing market while managing its long-term portfolio.
What Products and Services Does IMPHP Offer?
- Originates residential mortgages through retail, wholesale, and correspondent channels.
- Provides loss mitigation services for mortgage portfolios.
- Offers real estate services, including default surveillance and loan modification.
- Manages real estate owned (REO) properties.
- Provides monitoring, reconciling, and reporting services for mortgage portfolios.
- Manages a long-term mortgage portfolio consisting of residual interests in securitization trusts.
How Does IMPHP Make Money?
- Generates revenue through mortgage origination fees and interest income.
- Provides real estate services for a fee.
- Manages and services its long-term mortgage portfolio.
- Opportunistically retains mortgage servicing rights.
What Industry Does IMPHP Operate In?
Impac Mortgage Holdings operates within the financial services sector, specifically in the mortgage industry. This sector is heavily influenced by interest rates, housing market trends, and regulatory changes. Competition is intense, with companies like AVFCF (American Vanguard Corporation), CUII (CU Bancorp, Inc.), ECGR (Encore Capital Group, Inc.), FWAV (First Wave BioPharma, Inc.), and GTVI (GTV Capital Inc.) vying for market share. The mortgage industry is currently navigating a period of uncertainty due to fluctuating interest rates and evolving consumer preferences, impacting lending volumes and profitability.
Who Are IMPHP's Key Customers?
- Individual homebuyers seeking residential mortgages.
- Mortgage brokers and correspondent lenders.
- Investors in mortgage-backed securities.
- Servicers of mortgage portfolios.
Company Profile
Impac Mortgage Holdings, Inc. operates in the Financial - Mortgages industry within the Financial Services sector. It is headquartered in Irvine, US. IMPHP has traded publicly since 2012.
ROE 73%Key Financial Metrics
Return on equity for Impac Mortgage Holdings, Inc. stands at 73.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -57.5%, showing how much profit it generates from its asset base. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching.
IMPHP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Diversified mortgage lending channels (retail, wholesale, correspondent).
- Expertise in real estate services and loss mitigation.
- Established long-term mortgage portfolio.
- Experience in managing securitization trusts.
Bear Case
- Negative profitability and high loss margin.
- Reliance on interest rate environment and housing market conditions.
- Exposure to credit risk in mortgage portfolio.
- Limited dividend yield.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
IMPHP Latest News
No recent news available for IMPHP.
IMPHP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IMPHP.
Price Targets
Wall Street price target analysis for IMPHP.
IMPHP MoonshotScore
What does this score mean?
The MoonshotScore rates IMPHP's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
IMPHP OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Impac Mortgage Holdings, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, and trading activity can be sporadic. Unlike NYSE or NASDAQ-listed companies, OTC Other firms often have less stringent listing requirements, leading to increased risk and uncertainty for investors. Investing in OTC Other stocks requires a high degree of caution and thorough due diligence.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Potential for price manipulation and fraud.
- Low trading volume and liquidity.
- Higher risk of delisting or going out of business.
- Lack of regulatory oversight compared to listed exchanges.
- Verify the company's financial statements and SEC filings (if available).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's debt levels and cash flow.
- Monitor trading volume and price volatility.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Longevity of the company's operations (incorporated in 1995).
- Existence of a physical headquarters in Irvine, California.
- Operational business segments in mortgage lending and real estate services.
- Employee count of 326 suggests a substantial operation.
- Publicly available information, even if limited, provides some transparency.
IMPHP Financial Services Stock FAQ
What does Impac Mortgage Holdings, Inc. do?
Impac Mortgage Holdings, Inc. operates as a residential mortgage lender in the United States, offering mortgage products through retail, wholesale, and correspondent channels. The company also provides real estate services, including loss mitigation and REO management, primarily focused on its long-term mortgage portfolio. Additionally, Impac offers monitoring, reconciling, and reporting services for residential and multifamily mortgage portfolios, catering to investors, servicers, and individual borrowers, positioning itself as a comprehensive mortgage and real estate services provider.
What do analysts say about IMPHP stock?
As of March 18, 2026, formal analyst ratings for Impac Mortgage Holdings, Inc. (IMPHP) are not widely available due to its OTC market listing. Key valuation metrics such as the negative P/E ratio of -0.15 and a significantly negative profit margin of -1024.6% suggest caution. Investors should focus on the company's ability to improve profitability and manage its long-term mortgage portfolio. Growth considerations include potential expansion of mortgage lending products and services, but these must be weighed against risks like interest rate fluctuations and housing market conditions.
What are the main risks for IMPHP?
Impac Mortgage Holdings, Inc. faces several key risks, including fluctuations in interest rates and housing market conditions, which can significantly impact mortgage demand and profitability. The company's exposure to credit risk within its mortgage portfolio poses another substantial challenge, particularly during economic downturns. Increased competition from other mortgage lenders and regulatory changes impacting mortgage lending practices also present ongoing risks. The company's current negative profitability and high loss margin further exacerbate these challenges, requiring careful monitoring and strategic management.
What are the key factors to evaluate for IMPHP?
Evaluate IMPHP on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does IMPHP data refresh on this page?
IMPHP prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven IMPHP's recent stock price performance?
Impac Mortgage Holdings, Inc. (IMPHP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified mortgage lending channels (retail, wholesale, correspondent). See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider IMPHP overvalued or undervalued right now?
Valuing Impac Mortgage Holdings, Inc. (IMPHP) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying IMPHP?
Before investing in Impac Mortgage Holdings, Inc. (IMPHP), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than exchange-listed data.
- Financial data based on available information as of March 18, 2026.