Equities research analysts expect that AGNC Investment Corp. (NASDAQ:AGNC) will post earnings per share of $0.61 for the current quarter, Zacks reports. Zero analysts have issued estimates for AGNC Investment Corp.’s earnings. The highest EPS estimate is $0.64 and the lowest is $0.60. AGNC Investment Corp. posted earnings of $0.64 per share in the same quarter last year, which suggests a negative year over year growth rate of 4.7%. The firm is expected to announce its next quarterly earnings results on Wednesday, February 7th.
According to Zacks, analysts expect that AGNC Investment Corp. will report full year earnings of $2.54 per share for the current financial year, with EPS estimates ranging from $2.53 to $2.56. For the next financial year, analysts forecast that the firm will post earnings of $2.39 per share, with EPS estimates ranging from $2.19 to $2.57. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for AGNC Investment Corp..
AGNC Investment Corp. (NASDAQ:AGNC) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.62 EPS for the quarter, topping the consensus estimate of $0.61 by $0.01. The firm had revenue of $178.00 million during the quarter, compared to analyst estimates of $177.50 million. AGNC Investment Corp. had a net margin of 145.02% and a return on equity of 12.00%. During the same quarter in the previous year, the business posted $0.67 EPS.
AGNC has been the topic of several recent research reports. Zacks Investment Research raised shares of AGNC Investment Corp. from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a report on Tuesday, October 24th. Maxim Group reissued a “buy” rating and set a $21.25 price target on shares of AGNC Investment Corp. in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. AGNC Investment Corp. has a consensus rating of “Hold” and a consensus target price of $20.28.
Institutional investors and hedge funds have recently made changes to their positions in the stock. FNY Managed Accounts LLC purchased a new stake in shares of AGNC Investment Corp. in the third quarter valued at about $104,000. Capstone Asset Management Co. purchased a new stake in shares of AGNC Investment Corp. in the second quarter valued at about $219,000. Crossmark Global Holdings Inc. purchased a new stake in shares of AGNC Investment Corp. in the third quarter valued at about $223,000. Summit Securities Group LLC grew its holdings in shares of AGNC Investment Corp. by 25.2% in the third quarter. Summit Securities Group LLC now owns 13,400 shares of the real estate investment trust’s stock valued at $291,000 after purchasing an additional 2,700 shares during the period. Finally, Brookstone Capital Management boosted its stake in AGNC Investment Corp. by 19.2% during the third quarter. Brookstone Capital Management now owns 15,599 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 2,517 shares during the period. 58.61% of the stock is owned by hedge funds and other institutional investors.
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Shares of AGNC Investment Corp. (AGNC) opened at $19.94 on Wednesday. The firm has a market cap of $7,755.48, a P/E ratio of 7.80 and a beta of 0.15. AGNC Investment Corp. has a 12-month low of $17.30 and a 12-month high of $22.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.24 and a current ratio of 0.24.
The firm also recently announced a nov 17 dividend, which will be paid on Friday, December 8th. Stockholders of record on Thursday, November 30th will be given a $0.18 dividend. The ex-dividend date is Wednesday, November 29th. AGNC Investment Corp.’s dividend payout ratio (DPR) is 53.20%.
AGNC Investment Corp. 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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