AGNC Investment (NASDAQ:AGNC - Get Free Report) released its quarterly earnings data on Monday. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05), Zacks reports. AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%.
AGNC Investment Stock Up 1.4 %
AGNC Investment stock traded up $0.14 during midday trading on Monday, hitting $9.82. 27,517,863 shares of the stock were exchanged, compared to its average volume of 18,348,973. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. The company has a 50 day moving average price of $9.50 and a two-hundred day moving average price of $9.90. The firm has a market cap of $8.69 billion, a P/E ratio of 6.82 and a beta of 1.47. AGNC Investment has a 1 year low of $8.92 and a 1 year high of $10.85.
AGNC Investment Announces Dividend
The company also recently announced a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $0.12 dividend. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment's dividend payout ratio (DPR) is presently 100.00%.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on AGNC shares. JMP Securities restated a "market perform" rating on shares of AGNC Investment in a report on Thursday. StockNews.com lowered AGNC Investment from a "hold" rating to a "sell" rating in a research note on Saturday, October 19th. Finally, JPMorgan Chase & Co. cut their target price on AGNC Investment from $10.00 to $9.50 and set an "overweight" rating on the stock in a research report on Monday, December 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $10.64.
Read Our Latest Stock Analysis on AGNC
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).
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