AGNC Investment (NASDAQ:AGNC) will announce its earnings results after the market closes on Wednesday, April 25th. Analysts expect the company to announce earnings of $0.60 per share for the quarter.
AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.02. AGNC Investment had a return on equity of 11.89% and a net margin of 86.72%. The company had revenue of $212.00 million for the quarter, compared to the consensus estimate of $204.32 million. During the same period in the previous year, the business earned $0.64 earnings per share. On average, analysts expect AGNC Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NASDAQ:AGNC opened at $18.66 on Monday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.04. AGNC Investment has a 52-week low of $17.84 and a 52-week high of $22.34. The firm has a market capitalization of $7,301.98, a PE ratio of 7.59 and a beta of -0.06.
The business also recently disclosed a apr 18 dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 30th will be given a $0.18 dividend. The ex-dividend date is Friday, April 27th. This represents a dividend yield of 11.61%. AGNC Investment’s dividend payout ratio is currently 87.80%.
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 value of $250,290.00. The sale was disclosed in a filing with the SEC, which is available through this link. 0.40% of the stock is owned by corporate insiders.
Several analysts have recently issued reports on AGNC shares. BidaskClub downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Bank of America upgraded AGNC Investment from an “underperform” rating to a “neutral” rating in a research report on Thursday, February 1st. Barclays reduced their price objective 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 restated a “hold” rating and issued a $19.50 price objective on shares of AGNC Investment in a research report on Thursday, February 1st. Finally, Maxim Group restated a “buy” rating and issued a $21.25 price objective on shares of AGNC Investment in a research report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. AGNC Investment has a consensus rating of “Hold” and a consensus target price of $19.96.
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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