AGNC Investment (AGNCN) Expected to Announce Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCN) is expected to be announcing its resultson Monday, April 20th. Analysts expect the company to announce earnings of $0.3664 per share and revenue of $988.60 million for the quarter.

AGNC Investment Stock Up 0.0%

Shares of NASDAQ:AGNCN opened at $25.45 on Friday. AGNC Investment has a 12-month low of $24.65 and a 12-month high of $26.11. The business’s 50 day moving average is $25.48 and its 200 day moving average is $25.51.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were given a dividend of $0.5652 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.26 annualized dividend and a dividend yield of 8.9%.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that primarily invests in residential mortgage-backed securities (MBS) guaranteed by U.S. government agencies or sponsored entities such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income and total return through interest rate spreads, deploying leverage and hedging strategies to manage interest rate and spread risk. Its investment portfolio typically comprises agency MBS across various coupon rates and maturities, supplemented by financing instruments and derivatives to optimize risk-adjusted returns.

Founded in 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp.