AGNC Investment Corp. (NASDAQ:AGNC) has been given a consensus recommendation of “Hold” by the nine analysts that are presently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $19.75.
A number of analysts have weighed in on AGNC shares. BidaskClub lowered AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Bank of America raised AGNC Investment from an “underperform” rating to a “neutral” rating in a research report on Thursday, February 1st. Barclays reduced their price target on AGNC Investment from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, February 2nd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $19.50 price target on shares of AGNC Investment in a research report on Thursday, February 1st. Finally, Maxim Group reaffirmed a “buy” rating and set a $21.25 price target on shares of AGNC Investment in a research report on Thursday, February 1st.
In other news, CFO Peter J. Federico sold 13,500 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $18.54, for a total transaction of $250,290.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.40% of the company’s stock.
AGNC Investment stock opened at $18.95 on Thursday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.04. The firm has a market cap of $7,415.46, a price-to-earnings ratio of 7.52 and a beta of -0.06. AGNC Investment has a twelve month low of $17.84 and a twelve month high of $22.34.
AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The company had revenue of $212.00 million during the quarter, compared to analyst estimates of $204.32 million. AGNC Investment had a return on equity of 11.89% and a net margin of 86.72%. During the same quarter in the prior year, the business earned $0.64 earnings per share. analysts anticipate that AGNC Investment will post 2.41 earnings per share for the current fiscal year.
The firm also recently declared a mar 18 dividend, which will be paid on Monday, April 9th. Stockholders of record on Thursday, March 29th will be given a dividend of $0.18 per share. This represents a dividend yield of 11.49%. The ex-dividend date is Wednesday, March 28th. AGNC Investment’s payout ratio is presently 87.80%.
AGNC Investment Company Profile
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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