AGNC Investment (NASDAQ:AGNC) Issues Earnings Results

AGNC Investment (NASDAQ:AGNC - Get Free Report) issued its quarterly earnings data on Monday. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.02, Briefing.com reports. AGNC Investment had a return on equity of 28.02% and a net margin of 7.59%. The business had revenue of $642.00 million for the quarter, compared to the consensus estimate of $568.38 million. During the same period in the prior year, the business posted $0.70 earnings per share.

AGNC Investment Stock Up 0.5 %

Shares of NASDAQ AGNC opened at $9.20 on Tuesday. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $6.39 billion, a PE ratio of 920.92 and a beta of 1.45. The stock's fifty day simple moving average is $9.55 and its two-hundred day simple moving average is $9.26. AGNC Investment has a 12-month low of $6.81 and a 12-month high of $10.64.

AGNC Investment Dividend Announcement

The business also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.12 per share. The ex-dividend date is Monday, April 29th. This represents a yield of 15.4%. AGNC Investment's dividend payout ratio (DPR) is presently 14,414.41%.

Wall Street Analysts Forecast Growth

AGNC has been the topic of a number of recent research reports. Jonestrading initiated coverage on AGNC Investment in a research report on Friday, March 22nd. They set a "buy" rating and a $10.75 price objective on the stock. Compass Point started coverage on AGNC Investment in a research note on Tuesday, February 20th. They set a "buy" rating and a $10.25 target price on the stock. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research note on Thursday, April 18th. Royal Bank of Canada cut their target price on AGNC Investment from $11.00 to $10.00 and set an "outperform" rating on the stock in a research note on Thursday, January 25th. Finally, Barclays upped their target price on AGNC Investment from $8.00 to $9.00 and gave the company an "equal weight" rating in a research note on Monday, January 22nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $9.93.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $9.85, for a total transaction of $98,500.00. Following the sale, the chief financial officer now owns 287,282 shares of the company's stock, valued at approximately $2,829,727.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.43% of the company's stock.

About AGNC Investment

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).