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:
- Sector: Finance
- Industry: Mortgage REITs
- Sub-Industry: Mortgage REITs
- Symbol: NASDAQ:AGNC
- CUSIP: 02503X10
- Web: www.agnc.com
- 52 Week Range: $17.30 - $22.34
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.93
- P/E Growth: 0.00
- Annual Dividend: $2.16
- Dividend Yield: 10.1%
- Net Margins: 161.49%
- Return on Equity: 12.08%
- Return on Assets: 1.55%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 0.22%
- Quick Ratio: 0.22%
Frequently Asked Questions for American Capital Agency Corp. (NASDAQ:AGNC)
What is American Capital Agency Corp.'s stock symbol?
American Capital Agency Corp. trades on the NASDAQ under the ticker symbol "AGNC."
How often does American Capital Agency Corp. pay dividends? What is the dividend yield for American Capital Agency Corp.?
American Capital Agency Corp. announced a sep 17 dividend on Monday, September 11th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.18 per share on Tuesday, October 10th. The ex-dividend date is Thursday, September 28th. View American Capital Agency Corp.'s Dividend History.
How were American Capital Agency Corp.'s earnings last quarter?
American Capital Agency Corp. (NASDAQ:AGNC) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.07. The company earned $181 million during the quarter, compared to analyst estimates of $203.44 million. American Capital Agency Corp. had a return on equity of 12.08% and a net margin of 161.49%. The firm's quarterly revenue was down 16.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. View American Capital Agency Corp.'s Earnings History.
When will American Capital Agency Corp. make its next earnings announcement?
Where is American Capital Agency Corp.'s stock going? Where will American Capital Agency Corp.'s stock price be in 2017?
8 equities research analysts have issued 12-month target prices for American Capital Agency Corp.'s shares. Their forecasts range from $19.00 to $21.25. On average, they anticipate American Capital Agency Corp.'s share price to reach $19.68 in the next year. View Analyst Ratings for American Capital Agency Corp..
What are analysts saying about American Capital Agency Corp. stock?
Here are some recent quotes from research analysts about American Capital Agency Corp. stock:
- 1. According to Zacks Investment Research, "AGNC Investment reported second-quarter 2017 net spread and dollar roll income of $0.67 per share (excluding estimated "catch-up" premium amortization cost), comfortably beating the Zacks Consensus Estimate of $0.59. The prior-quarter figure was $0.64 per share. Moreover, second-quarter comprehensive income per common share came at $0.40, ahead of $0.35 recorded in the prior quarter. Also, year to date, AGNC Investment’s shares outperformed the industry it belongs to. The company’s efficient cost structure and portfolio repositioning efforts for hedging interest rate uncertainty augur well. Further, the acquisition of its external manager in last July has substantially lowered its operating costs. However, the widespread volatility in the market amid concerns over global economies and rate hike issues remain risks." (8/4/2017)
- 2. Maxim Group analysts commented, "AGNC reported 2Q17 comprehensive income of $0.40 per share, versus its dividend of $0.54, so tangible book value per share was down 0.3%, to $19.25 (aided by an accretive common equity raise). On the conference call, management was bullish on the investment environment for Agency mortgage REITs, judging the outlook for RMBS spreads as favorable (assuming that the Fed gradually tapers its RMBS reinvestments starting in late 2017) and the outlook for RMBS funding also as favorable (including AGNC increasing its use of direct funding through its captive broker-dealer Bethesda Securities). We lower our price target to $21.25, from $21.50, due to lower tangible book value and valuation." (7/27/2017)
Are investors shorting American Capital Agency Corp.?
American Capital Agency Corp. saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 18,919,394 shares, an increase of 18.4% from the August 15th total of 15,982,688 shares. Based on an average daily volume of 3,195,049 shares, the days-to-cover ratio is currently 5.9 days. Approximately 5.3% of the company's stock are short sold.
Who are some of American Capital Agency Corp.'s key competitors?
Some companies that are related to American Capital Agency Corp. include Annaly Capital Management (NLY), Starwood Property Trust (STWD), New Residential Investment Corp. (NRZ), Chimera Investment Corporation (CIM), MFA Financial (MFA), Capital Trust (BXMT), Apollo Commercial Real Estate Finance (ARI), Invesco Mortgage Capital (IVR), CYS Investments (CYS), Redwood Trust (RWT), Ladder Capital Corp (LADR), KKR Real Estate Finance Trust (KREF), PennyMac Mortgage Investment Trust (PMT), Capstead Mortgage Corporation (CMO), American Capital Mortgage Investment Corp. (MTGE), iStar Financial (STAR), Granite Point Mortgage Trust (GPMT) and New York Mortgage Trust (NYMT).
Who are American Capital Agency Corp.'s key executives?
American Capital Agency Corp.'s management team includes the folowing people:
- Prue B. Larocca, Independent Chairman of the Board
- Gary D. Kain, President, Chief Executive Officer, Chief Investment Officer, Director
- Peter J. Federico, Chief Financial Officer, Executive Vice President
- Christopher J. Kuehl, Executive Vice President - Agency Portfolio Investments
- Bernice E. Bell, Senior Vice President, Chief Accounting Officer
- Kenneth L. Pollack, Senior Vice President, Chief Compliance Officer, General Counsel, Secretary
- Aaron J. Pas, Senior Vice President - Non-Agency Portfolio Investments
- Morris A. Davis, Independent Director
- Larry K. Harvey, Independent Director
- Paul E. Mullings, Independent Director
Who owns American Capital Agency Corp. stock?
American Capital Agency Corp.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.26%), Wells Fargo & Company MN (1.86%), Acadian Asset Management LLC (1.69%), Russell Investments Group Ltd. (0.53%), TIAA CREF Investment Management LLC (0.33%) and Aperio Group LLC (0.00%). Company insiders that own American Capital Agency Corp. stock include Bernice Bell, Christopher Kuehl, Gary D Kain, Kenneth L Pollack, Morris A Davis and Peter J Federico. View Institutional Ownership Trends for American Capital Agency Corp..
Who sold American Capital Agency Corp. stock? Who is selling American Capital Agency Corp. stock?
American Capital Agency Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Russell Investments Group Ltd., TIAA CREF Investment Management LLC, Ameriprise Financial Inc., Alliancebernstein L.P., DnB Asset Management AS, PGGM Investments and Pinebridge Investments L.P.. Company insiders that have sold American Capital Agency Corp. stock in the last year include Bernice Bell and Morris A Davis. View Insider Buying and Selling for American Capital Agency Corp..
Who bought American Capital Agency Corp. stock? Who is buying American Capital Agency Corp. stock?
American Capital Agency Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Wells Fargo & Company MN, Martingale Asset Management L P, Aperio Group LLC, Capital Fund Management S.A., Old Mutual Global Investors UK Ltd. and Aberdeen Asset Management PLC UK. View Insider Buying and Selling for American Capital Agency Corp..
How do I buy American Capital Agency Corp. stock?
Shares of American Capital Agency Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Capital Agency Corp.'s stock price today?
MarketBeat Community Rating for American Capital Agency Corp. (NASDAQ AGNC)MarketBeat's community ratings are surveys of what our community members think about American Capital Agency Corp. 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.
One share of American Capital Agency Corp. stock can currently be purchased for approximately $21.60.
Consensus Ratings for American Capital Agency Corp. (NASDAQ:AGNC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
|Ratings Breakdown: ||1 Sell Rating, 5 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.13)|
|Consensus Price Target: ||$19.68 (8.90% downside)|
Analysts' Ratings History for American Capital Agency Corp. (NASDAQ:AGNC)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/28/2017||Credit Suisse Group||Reiterated Rating||Hold||$20.00||Low|
|7/27/2017||Maxim Group||Reiterated Rating||Buy||$21.25||Low|
|7/4/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$19.00||Low|
|4/28/2017||Deutsche Bank AG||Boost Price Target||Buy||$18.50 -> $19.00||Low|
|4/11/2017||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||$20.50||Low|
|2/4/2017||Barclays PLC||Set Price Target||Hold||$19.00||N/A|
|12/21/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||N/A|
|12/8/2016||Compass Point||Downgrade||Buy -> Neutral||$20.00 -> $19.00||N/A|
|8/4/2016||J P Morgan Chase & Co||Reiterated Rating||Neutral||N/A|
|8/3/2016||Citigroup Inc.||Boost Price Target||Neutral||$18.00 -> $19.00||N/A|
|5/23/2016||Wunderlich||Upgrade||Hold -> Buy||$19.50 -> $23.00||N/A|
|4/27/2016||Royal Bank Of Canada||Lower Price Target||Outperform||$23.00 -> $22.00||N/A|
|12/16/2015||Morgan Stanley||Downgrade||Equal Weight -> Underweight||$21.00 -> $18.00||N/A|
|11/8/2015||Cantor Fitzgerald||Upgrade||Hold -> Buy||N/A|
Earnings History for American Capital Agency Corp. (NASDAQ:AGNC)Earnings History by Quarter for American Capital Agency Corp. (NASDAQ AGNC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for American Capital Agency Corp. (NASDAQ:AGNC)
2017 EPS Consensus Estimate: $2.19
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for American Capital Agency Corp. (NASDAQ:AGNC)
|Payout Ratio:||44.63% (Trailing 12 Months of Earnings) |
85.38% (Based on This Year's Estimates)
89.26% (Based on Next Year's Estimates)
Dividend History by Quarter for American Capital Agency Corp. (NASDAQ AGNC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for American Capital Agency Corp. (NASDAQ:AGNC)
Insider Ownership Percentage: 0.47%Insider Trades by Quarter for American Capital Agency Corp. (NASDAQ:AGNC)
Institutional Ownership Percentage: 60.46%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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|| |
|2/8/2017||Bernice Bell||SVP||Sell||5,270||$19.09||$100,604.30|| |
|12/9/2016||Kenneth L Pollack||SVP||Buy||1,000||$18.58||$18,580.00|| |
|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|| |
|6/2/2016||Morris A Davis||Director||Sell||3,323||$19.00||$63,137.00|| |
|3/31/2016||Christopher Kuehl||VP||Sell||6,177||$18.42||$113,780.34|| |
|3/31/2016||Peter J Federico||SVP||Sell||4,477||$18.42||$82,466.34|| |
|3/23/2016||Gary D Kain||Insider||Sell||46,045||$18.54||$853,674.30|| |
|3/10/2016||Bernice Bell||SVP||Sell||391||$18.15||$7,096.65|| |
|3/10/2016||Christopher Kuehl||VP||Sell||14,562||$18.16||$264,445.92|| |
|3/10/2016||Gary D Kain||Insider||Sell||21,103||$18.13||$382,597.39|| |
|3/8/2016||Christopher Kuehl||VP||Sell||8,124||$18.04||$146,556.96|| |
|3/8/2016||Peter J Federico||SVP||Sell||8,126||$18.04||$146,593.04|| |
|3/1/2016||Bernice Bell||SVP||Sell||2,109||$18.12||$38,215.08|| |
|2/23/2016||Bernice Bell||SVP||Sell||2,078||$18.00||$37,404.00|| |
|2/23/2016||Christopher Kuehl||VP||Sell||7,050||$18.00||$126,900.00|| |
|2/19/2016||Gary D. Kain||insider||Sell||7,747||$17.96||$139,136.12|| |
|2/16/2016||Bernice Bell||SVP||Sell||10||$17.66||$176.60|| |
|2/2/2016||Bernice Bell||SVP||Sell||2,385||$16.96||$40,449.60|| |
|9/1/2015||Christopher Kuehl||VP||Sell||1,567||$19.06||$29,867.02|| |
|8/31/2015||Randy E Dobbs||Director||Sell||4,500||$19.18||$86,310.00|| |
|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|| |
|2/24/2014||Peter Federico||SVP||Sell||5,492||$22.09||$121,318.28|| |
|12/2/2013||Larry Harvey||Director||Buy||2,000||$20.04||$40,080.00|| |
|11/12/2013||Larry Harvey||Director||Buy||2,000||$20.97||$41,940.00|| |
|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|| |
Headline Trends for American Capital Agency Corp. (NASDAQ:AGNC)
Latest Headlines for American Capital Agency Corp. (NASDAQ:AGNC)
American Capital Agency Corp. (AGNC) Chart for Friday, September, 22, 2017