AGNC Investment Corp. (NASDAQ:AGNC) Plans $0.12 Feb 25 Dividend

AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) declared a feb 25 dividend on Thursday, February 13th,RTT News reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.12 per share by the real estate investment trust on Tuesday, March 11th. This represents a dividend yield of 13.8%. The ex-dividend date is Friday, February 28th.

AGNC Investment has raised its dividend payment by an average of 133.1% per year over the last three years. AGNC Investment has a payout ratio of 92.9% indicating that its dividend is currently covered by earnings, but may not be in the future if the company's earnings tumble. Equities analysts expect AGNC Investment to earn $1.57 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 91.7%.

AGNC Investment Stock Performance

Shares of AGNC Investment stock traded up $0.11 during trading on Monday, hitting $10.43. 19,562,474 shares of the stock were exchanged, compared to its average volume of 19,267,572. The stock has a market cap of $9.24 billion, a PE ratio of 10.75 and a beta of 1.48. The stock's fifty day moving average is $9.63 and its 200 day moving average is $9.89. AGNC Investment has a 12 month low of $8.92 and a 12 month high of $10.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

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AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. As a group, sell-side analysts anticipate that AGNC Investment will post 1.61 EPS for the current year.

Insiders Place Their Bets

In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of AGNC Investment stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the transaction, the chief financial officer now directly owns 372,226 shares in the company, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Spark sold 5,000 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the transaction, the director now directly owns 75,919 shares in the company, valued at $766,781.90. The trade was a 6.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a report on Monday, December 9th. Argus raised shares of AGNC Investment to a "hold" rating in a research note on Tuesday, February 4th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Wells Fargo & Company decreased their price objective on shares of AGNC Investment from $12.00 to $11.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $10.50.

About AGNC Investment

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).