AGNC Investment (NASDAQ:AGNC - Get Free Report) will be releasing its earnings data after the market closes on Monday, January 22nd. Analysts expect AGNC Investment to post earnings of $0.49 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last issued its quarterly earnings results on Tuesday, October 31st. The real estate investment trust reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.11. AGNC Investment had a net margin of 17.39% and a return on equity of 28.72%. The company had revenue of $593.00 million during the quarter, compared to analyst estimates of $310.17 million. During the same period in the prior year, the business posted $0.84 EPS. On average, analysts expect AGNC Investment to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.
AGNC Investment Stock Up 1.0 %
NASDAQ AGNC opened at $10.07 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.20 and a quick ratio of 0.20. The company's 50 day simple moving average is $9.25 and its 200 day simple moving average is $9.39. AGNC Investment has a 12 month low of $6.81 and a 12 month high of $12.25. The company has a market capitalization of $6.76 billion, a P/E ratio of 27.22 and a beta of 1.42.
AGNC Investment Dividend Announcement
The firm also recently announced a jan 24 dividend, which will be paid on Friday, February 9th. Investors of record on Wednesday, January 31st will be issued a $0.12 dividend. The ex-dividend date is Tuesday, January 30th. This represents a dividend yield of 14.3%. AGNC Investment's payout ratio is currently 389.19%.
Wall Street Analyst Weigh In
A number of analysts recently commented on AGNC shares. UBS Group reiterated a "neutral" rating and issued a $9.00 target price on shares of AGNC Investment in a report on Wednesday, December 6th. Barclays started coverage on shares of AGNC Investment in a report on Wednesday, November 15th. They issued an "equal weight" rating and a $8.00 target price on the stock. StockNews.com upgraded shares of AGNC Investment from a "sell" rating to a "hold" rating in a report on Tuesday, December 5th. Royal Bank of Canada boosted their price target on shares of AGNC Investment from $9.00 to $11.00 and gave the company an "outperform" rating in a report on Friday, January 5th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of AGNC Investment from $8.50 to $10.00 and gave the company an "outperform" rating in a report on Wednesday, December 13th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $10.21.
View Our Latest Analysis on AGNC
Institutional Investors Weigh In On AGNC Investment
A number of large investors have recently made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new position in AGNC Investment in the 4th quarter valued at approximately $27,000. Coppell Advisory Solutions LLC acquired a new position in AGNC Investment in the 2nd quarter valued at approximately $29,000. Worth Asset Management LLC acquired a new position in AGNC Investment in the 1st quarter valued at approximately $35,000. Northwestern Mutual Wealth Management Co. increased its stake in AGNC Investment by 128.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 2,015 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in AGNC Investment by 21.4% in the first quarter. Geneos Wealth Management Inc. now owns 7,648 shares of the real estate investment trust's stock worth $100,000 after acquiring an additional 1,350 shares in the last quarter. Institutional investors and hedge funds own 38.86% of the company's stock.
About AGNC Investment
(
Get Free Report)
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).
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