About AGNC Investment (NASDAQ:AGNC)
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). Its agency securities include agency residential mortgage-backed securities (Agency RMBS) and to-be-announced forward contracts (TBAs). Its Non-Agency Securities include credit risk transfer securities (CRT), non-agency residential mortgage-backed securities (Non-Agency RMBS) and commercial mortgage-backed securities (CMBS).
Industry, Sector and Symbol
Industry Mortgage REITs
Trailing P/E Ratio9.89285714285714
Forward P/E Ratio8.05
Sales & Book Value
Annual Sales$769 million
Price / Sales9.87
Cash Flow$3.79 per share
Price / Cash5.12
Book Value$21.21 per share
Price / Book0.91
Net Income$771 million
Return on Equity12.17%
Return on Assets1.54%
AGNC Investment (NASDAQ:AGNC) Frequently Asked Questions
What is AGNC Investment's stock symbol?
AGNC Investment trades on the NASDAQ under the ticker symbol "AGNC."
How often does AGNC Investment pay dividends? What is the dividend yield for AGNC Investment?
AGNC Investment announced a feb 18 dividend on Tuesday, February 13th. Investors of record on Wednesday, February 28th will be given a dividend of $0.18 per share on Thursday, March 8th. This represents a dividend yield of 11.45%. The ex-dividend date of this dividend is Tuesday, February 27th. View AGNC Investment's Dividend History.
How were AGNC Investment's earnings last quarter?
AGNC Investment Corp. (NASDAQ:AGNC) announced its quarterly earnings data on Wednesday, January, 31st. The real estate investment trust reported $0.63 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.02. The real estate investment trust had revenue of $212 million for the quarter, compared to analysts' expectations of $204.32 million. AGNC Investment had a net margin of 86.72% and a return on equity of 12.17%. During the same quarter in the prior year, the firm earned $0.64 earnings per share. View AGNC Investment's Earnings History.
When will AGNC Investment make its next earnings announcement?
Where is AGNC Investment's stock going? Where will AGNC Investment's stock price be in 2018?
6 brokerages have issued 1-year target prices for AGNC Investment's shares. Their predictions range from $19.00 to $21.25. On average, they expect AGNC Investment's share price to reach $19.75 in the next year. View Analyst Ratings for AGNC Investment.
What are Wall Street analysts saying about AGNC Investment stock?
Here are some recent quotes from research analysts about AGNC Investment stock:
- 1. Maxim Group analysts commented, "On the conference call, management remained bullish on the investment environment for Agency mortgage REITs, though expects a more challenging environment than in 2017. We maintain our price target of $21.25, which equates to 1.08x tangible book value, which is at the high end of the range of peers." (2/1/2018)
- 2. According to Zacks Investment Research, "AGNC Investment’s third-quarter 2017 net spread and dollar roll income of 59 cents per share, missed the Zacks Consensus Estimate of 63 cents. Results reflected a year-over-year decline in net interest income (NII). Notably, the company fully invested the capital raised in the third quarter to increase its portfolio holding. Furthermore, it continues to restructure its portfolio to hedge interest rate and prepayment uncertainty by focusing on longer-term swaps. Such restructuring efforts will subsequently help achieve diversity among a wide range of securities. Also, the company’s shares have outperformed the industry year to date. Nonetheless, as the company prioritizes risk management over incremental returns, robust returns are expected to remain elusive in the short run. In addition, its investments bear interest rate exposure rendering volatility to the market value of investments." (11/1/2017)
Are investors shorting AGNC Investment?
AGNC Investment saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 18,841,043 shares, an increase of 26.9% from the January 12th total of 14,841,531 shares. Based on an average trading volume of 4,745,018 shares, the days-to-cover ratio is presently 4.0 days. Currently, 4.8% of the company's stock are sold short.
Who are some of AGNC Investment's key competitors?
Some companies that are related to AGNC Investment include Annaly Capital Management (NLY), New Residential Investment (NRZ), Starwood Property Trust (STWD), Blackstone Mortgage Trust (BXMT), Chimera Investment (CIM), MFA Financial (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), Ladder Capital (LADR), Hatteras Financial (HTS), Redwood Trust (RWT), PennyMac Mortgage Investment Trust (PMT), KKR Real Estate Finance Trust (KREF), CYS Investments (CYS), Capstead Mortgage (CMO), MTGE Investment (MTGE), Granite Point Mortgage Trust (GPMT) and New York Mortgage Trust (NYMT).
Who are AGNC Investment's key executives?
AGNC Investment's management team includes the folowing people:
- Prue B. Larocca, Independent Chairman of the Board (Age 65)
- Gary D. Kain, Chief Executive Officer, Chief Investment Officer, Director (Age 52)
- Peter J. Federico, President, Chief Operating Officer (Age 50)
- Christopher J. Kuehl, Executive Vice President - Agency Portfolio Investments (Age 43)
- Bernice E. Bell, Chief Financial Officer, Senior Vice President (Age 46)
- Kenneth L. Pollack, Senior Vice President, Chief Compliance Officer, General Counsel, Secretary (Age 49)
- Aaron J. Pas, Senior Vice President - Non-Agency Portfolio Investments (Age 36)
- Morris A. Davis, Independent Director (Age 45)
- Larry K. Harvey, Independent Director (Age 52)
- Paul E. Mullings, Independent Director (Age 66)
Who owns AGNC Investment stock?
AGNC Investment's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.03%), APG Asset Management N.V. (3.99%), State Treasurer State of Michigan (2.45%), Wells Fargo & Company MN (2.04%), Geode Capital Management LLC (1.28%) and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (0.87%). Company insiders that own AGNC Investment stock include Bernice Bell, Christopher Kuehl, Gary D Kain, Kenneth L Pollack, Morris A Davis and Peter J Federico. View Institutional Ownership Trends for AGNC Investment.
Who sold AGNC Investment stock? Who is selling AGNC Investment stock?
AGNC Investment's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Renaissance Technologies LLC, UBS Asset Management Americas Inc., Capital Fund Management S.A., Bessemer Group Inc., Old Mutual Global Investors UK Ltd., Driehaus Capital Management LLC and Martingale Asset Management L P. Company insiders that have sold AGNC Investment company stock in the last year include Bernice Bell, Morris A Davis and Peter J Federico. View Insider Buying and Selling for AGNC Investment.
Who bought AGNC Investment stock? Who is buying AGNC Investment stock?
AGNC Investment's stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Two Sigma Advisers LP, State Treasurer State of Michigan, Shell Asset Management Co., Allianz Asset Management GmbH, BlackRock Inc., USS Investment Management Ltd and Thrivent Financial For Lutherans. View Insider Buying and Selling for AGNC Investment.
How do I buy AGNC Investment stock?
Shares of AGNC Investment can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is AGNC Investment's stock price today?
One share of AGNC Investment stock can currently be purchased for approximately $19.39.
How big of a company is AGNC Investment?
AGNC Investment has a market capitalization of $7.42 billion and generates $769 million in revenue each year. The real estate investment trust earns $771 million in net income (profit) each year or $1.96 on an earnings per share basis. AGNC Investment employs 54 workers across the globe.
How can I contact AGNC Investment?
AGNC Investment's mailing address is 2 Bethesda Metro Ctr Fl 12, BETHESDA, MD 20814-6319, United States. The real estate investment trust can be reached via phone at +1-301-9689300 or via email at [email protected]
MarketBeat Community Rating for AGNC Investment (AGNC)MarketBeat's community ratings are surveys of what our community members think about AGNC Investment and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
AGNC Investment (NASDAQ:AGNC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.33||2.40||2.13||2.13|
|Ratings Breakdown: ||0 Sell Rating(s)|
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$19.75||$19.45||$19.61||$19.61|
|Price Target Upside: ||6.18% upside||2.26% downside||4.45% downside||7.38% downside|
AGNC Investment (NASDAQ:AGNC) Consensus Price Target History
AGNC Investment (NASDAQ:AGNC) Analyst Ratings History
(Data available from 2/20/2016 forward)
AGNC Investment (NASDAQ:AGNC) Earnings History and Estimates Chart
AGNC Investment (NASDAQ AGNC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/31/2018||Q4 2017||$0.61||$0.63||$204.32 million||$212.00 million||View||N/A|
|10/25/2017||Q3 2017||$0.61||$0.62||$177.50 million||$178.00 million||View||N/A|
|7/26/2017||6/30/2017||$0.60||$0.67||$203.44 million||$181.00 million||View||N/A|
|4/26/2017||Q1 2017||$0.59||$0.64||$227.90 million||$198.00 million||View||N/A|
|2/1/2017||Q416||$0.59||$0.64||$214.23 million||$295.00 million||View||Listen|
|10/24/2016||Q316||$0.55||$0.64||$235.00 million||$219.00 million||View||Listen|
|7/27/2016||Q216||$0.51||$0.56||$232.30 million||$217.00 million||View||Listen|
|4/25/2016||Q116||$0.56||$0.52||$273.10 million||$196.00 million||View||Listen|
|2/1/2016||Q415||$0.56||$0.54||$246.60 million||$288.00 million||View||Listen|
|10/26/2015||Q315||$0.60||$0.51||$273.08 million||$218.00 million||View||Listen|
|7/27/2015||Q215||$0.62||$0.60||$299.04 million||$333.00 million||View||Listen|
|4/27/2015||Q115||$0.69||$0.70||$298.47 million||$297.00 million||View||Listen|
|2/2/2015||Q414||$0.74||$0.92||$22.10 million||$250.00 million||View||Listen|
|10/27/2014||Q314||$0.77||$0.86||$320.19 million||$269.00 million||View||Listen|
|7/28/2014||Q214||$0.67||$0.87||$358.00 million||$290.00 million||View||Listen|
|4/28/2014||Q114||$0.68||$0.71||$322.14 million||$291.00 million||View||Listen|
|7/30/2013||Q213||$1.45||$4.61||$22.10 million||$414.00 million||View||Listen|
|5/3/2013||Q113||$1.03||$0.64||$377.13 million||$407.00 million||View||Listen|
AGNC Investment (NASDAQ:AGNC) Earnings Estimates
Current Year EPS Consensus Estimate: $2.41 EPS
Next Year EPS Consensus Estimate: $2.3 EPS
AGNC Investment (NASDAQ:AGNC) Dividend Information
|Payout Ratio:||110.20% (Trailing 12 Months of Earnings) |
89.63% (Based on This Year's Estimates)
93.91% (Based on Next Year's Estimates)
AGNC Investment (NASDAQ:AGNC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
AGNC Investment (NASDAQ AGNC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.47%
Institutional Ownership Percentage: 64.25%
AGNC Investment (NASDAQ AGNC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/9/2018||Peter J. Federico||CFO||Sell||13,500||$18.54||$250,290.00|| |
|6/6/2017||Morris A. Davis||Director||Sell||3,741||$20.80||$77,812.80|| |
|3/6/2017||Bernice Bell||SVP||Sell||5,135||$19.49||$100,081.15||12,709|| |
|2/8/2017||Bernice Bell||SVP||Sell||5,270||$19.09||$100,604.30||14,306|| |
|12/9/2016||Kenneth L Pollack||SVP||Buy||1,000||$18.58||$18,580.00||1,000|| |
|8/26/2016||Bernice Bell||SVP||Sell||133||$19.78||$2,630.74|| |
|8/26/2016||Gary D. Kain||CEO||Sell||3,931||$19.76||$77,676.56|| |
|8/26/2016||Peter J. Federico||CFO||Sell||1,643||$19.76||$32,465.68|| |
|7/5/2016||Bernice Bell||SVP||Sell||9,504||$19.55||$185,803.20|| |
|7/5/2016||Christopher Kuehl||VP||Sell||153,987||$19.55||$3,010,445.85|| |
|7/5/2016||Gary D. Kain||CEO||Sell||368,953||$19.55||$7,213,031.15|| |
|6/28/2016||Peter J. Federico||SVP||Sell||11||$19.43||$213.73|| |
|6/13/2016||Peter J Federico||SVP||Sell||975||$18.80||$18,330.00||422,076|| |
|6/2/2016||Morris A Davis||Director||Sell||3,323||$19.00||$63,137.00||13,885|| |
|3/31/2016||Christopher Kuehl||VP||Sell||6,177||$18.42||$113,780.34||402,879|| |
|3/31/2016||Peter J Federico||SVP||Sell||4,477||$18.42||$82,466.34||416,216|| |
|3/23/2016||Gary D Kain||Insider||Sell||46,045||$18.54||$853,674.30||1,302,856|| |
|3/10/2016||Bernice Bell||SVP||Sell||391||$18.15||$7,096.65||25,240|| |
|3/10/2016||Christopher Kuehl||VP||Sell||14,562||$18.16||$264,445.92||409,078|| |
|3/10/2016||Gary D Kain||Insider||Sell||21,103||$18.13||$382,597.39||1,396,857|| |
|3/8/2016||Christopher Kuehl||VP||Sell||8,124||$18.04||$146,556.96||419,640|| |
|3/8/2016||Peter J Federico||SVP||Sell||8,126||$18.04||$146,593.04||427,255|| |
|3/1/2016||Bernice Bell||SVP||Sell||2,109||$18.12||$38,215.08||26,453|| |
|2/23/2016||Bernice Bell||SVP||Sell||2,078||$18.00||$37,404.00||28,579|| |
|2/23/2016||Christopher Kuehl||VP||Sell||7,050||$18.00||$126,900.00||427,764|| |
|2/19/2016||Gary D. Kain||insider||Sell||7,747||$17.96||$139,136.12||1,417,960|| |
|2/16/2016||Bernice Bell||SVP||Sell||10||$17.66||$176.60||30,640|| |
|2/2/2016||Bernice Bell||SVP||Sell||2,385||$16.96||$40,449.60||24,650|| |
|9/1/2015||Christopher Kuehl||VP||Sell||1,567||$19.06||$29,867.02||315,983|| |
|8/31/2015||Randy E Dobbs||Director||Sell||4,500||$19.18||$86,310.00||32,439|| |
|5/26/2015||Morris A Davis||Director||Sell||1,253||$20.76||$26,012.28|| |
|3/31/2015||Christopher Kuehl||VP||Sell||3,938||$21.45||$84,470.10|| |
|3/24/2015||Gary D Kain||Insider||Sell||40,583||$21.81||$885,115.23|| |
|3/23/2015||Gary D Kain||Insider||Sell||67||$21.79||$1,459.93|| |
|3/17/2015||Gary D Kain||Insider||Sell||6,371||$21.46||$136,721.66|| |
|3/13/2015||Gary D Kain||Insider||Sell||42,220||$21.12||$891,686.40|| |
|3/6/2015||Christopher Kuehl||VP||Sell||7,572||$21.14||$160,072.08|| |
|3/6/2015||Peter J Federico||SVP||Sell||7,573||$21.14||$160,093.22|| |
|2/25/2015||Christopher Kuehl||VP||Sell||6,145||$21.62||$132,854.90|| |
|2/10/2015||Morris A Davis||Director||Sell||2,000||$21.63||$43,260.00|| |
|9/3/2014||Christopher Kuehl||VP||Sell||1,330||$23.59||$31,374.70|| |
|5/2/2014||Morris Davis||Director||Sell||3,000||$22.57||$67,710.00||6,354|| |
|2/24/2014||Peter Federico||SVP||Sell||5,492||$22.09||$121,318.28||122,625|| |
|12/2/2013||Larry Harvey||Director||Buy||2,000||$20.04||$40,080.00||17,500|| |
|11/12/2013||Larry Harvey||Director||Buy||2,000||$20.97||$41,940.00||15,500|| |
|10/30/2013||Christopher Kuehl||VP||Buy||2,000||$21.56||$43,120.00|| |
|10/30/2013||Gary D Kain||Insider||Buy||25,000||$21.66||$541,500.00|| |
|10/30/2013||Peter J Federico||SVP||Buy||2,500||$21.71||$54,275.00|| |
|7/31/2013||Gary D Kain||Insider||Buy||25,000||$22.44||$561,000.00|| |
|2/11/2013||Malon Wilkus||CEO||Buy||15,500||$32.34||$501,270.00|| |
|12/10/2012||Alvin N Puryear||Director||Buy||1,500||$31.50||$47,250.00|| |
|12/4/2012||Malon Wilkus||CEO||Buy||9,500||$31.62||$300,390.00|| |
|11/13/2012||Samuel Allan Flax||EVP||Buy||4,950||$30.37||$150,331.50|| |
|8/7/2012||Gary D Kain||Insider||Buy||20,000||$32.75||$655,000.00|| |
AGNC Investment (NASDAQ AGNC) News Headlines
AGNC Investment (NASDAQ:AGNC) SEC Filings
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AGNC Investment (NASDAQ:AGNC) Income Statement, Balance Sheet and Cash Flow Statement
AGNC Investment (NASDAQ AGNC) Stock Chart for Tuesday, February, 20, 2018