AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) declared a mar 25 dividend on Thursday, March 13th, RTT News reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.12 per share by the real estate investment trust on Wednesday, April 9th. This represents a dividend yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st.
AGNC Investment has increased its dividend payment by an average of 133.1% per year over the last three years. AGNC Investment has a dividend 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 decline. 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 Up 2.0 %
Shares of NASDAQ:AGNC traded up $0.20 during trading hours on Friday, reaching $10.24. The stock had a trading volume of 18,400,834 shares, compared to its average volume of 16,014,018. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The firm's 50 day moving average is $9.99 and its 200-day moving average is $9.93. The stock has a market capitalization of $9.37 billion, a price-to-earnings ratio of 10.56 and a beta of 1.50. AGNC Investment has a 1 year low of $8.92 and a 1 year high of $10.85.
AGNC Investment (NASDAQ:AGNC - Get Free Report) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a return on equity of 21.92% and a net margin of 29.26%. Research analysts predict that AGNC Investment will post 1.61 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. JMP Securities reiterated a "market perform" rating on shares of AGNC Investment in a report on Thursday, January 23rd. Keefe, Bruyette & Woods decreased their price target on shares of AGNC Investment from $10.75 to $10.25 and set an "outperform" rating for the company in a report on Wednesday, January 29th. Wells Fargo & Company decreased their price target 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, Argus raised shares of AGNC Investment to a "hold" rating in a research report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.50.
Read Our Latest Analysis on AGNC
Insider Transactions at AGNC Investment
In other AGNC Investment news, CFO Bernice Bell sold 13,000 shares of the business's stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $10.04, for a total value of $130,520.00. Following the transaction, the chief financial officer now owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Spark sold 5,000 shares of the business'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 completion of the sale, the director now owns 75,919 shares in the company, valued at approximately $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 insiders.
About AGNC Investment
(
Get Free Report)
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).
See Also
Before you consider AGNC Investment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AGNC Investment wasn't on the list.
While AGNC Investment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
