AGNC Investment Corp. (NASDAQ:AGNC) Given Consensus Rating of “Moderate Buy” by Analysts

AGNC Investment Corp. (NASDAQ:AGNC) has been given an average rating of “Moderate Buy” by the eleven ratings firms that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $10.33.

AGNC has been the topic of several research analyst reports. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Wednesday, August 28th. Keefe, Bruyette & Woods boosted their target price on AGNC Investment from $10.00 to $10.25 and gave the stock an “outperform” rating in a report on Thursday, July 25th. Compass Point increased their price target on AGNC Investment from $10.25 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Royal Bank of Canada boosted their price objective on AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Finally, StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th.

AGNC Investment Stock Performance

Shares of AGNC stock opened at $9.47 on Wednesday. AGNC Investment has a 12-month low of $8.25 and a 12-month high of $10.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.27. The firm has a market capitalization of $8.39 billion, a price-to-earnings ratio of 6.58 and a beta of 1.47. The business has a 50 day simple moving average of $10.13 and a 200 day simple moving average of $9.96.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million during the quarter, compared to the consensus estimate of $219.50 million. During the same period in the previous year, the company posted $0.65 EPS. On average, equities research analysts anticipate that AGNC Investment will post 1.94 EPS for the current year.

AGNC Investment Dividend Announcement

The business also recently disclosed a nov 24 dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 14.9%. AGNC Investment’s payout ratio is presently 100.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pekin Hardy Strauss Inc. boosted its stake in AGNC Investment by 4.8% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 927,517 shares of the real estate investment trust’s stock worth $9,702,000 after purchasing an additional 42,586 shares during the period. Penserra Capital Management LLC boosted its position in shares of AGNC Investment by 17.4% in the third quarter. Penserra Capital Management LLC now owns 154,912 shares of the real estate investment trust’s stock worth $1,620,000 after buying an additional 22,978 shares during the period. Pitcairn Co. acquired a new stake in shares of AGNC Investment in the third quarter worth $518,000. Nwam LLC purchased a new position in shares of AGNC Investment during the third quarter valued at $136,000. Finally, Charles Schwab Investment Management Inc. raised its position in AGNC Investment by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,768,305 shares of the real estate investment trust’s stock valued at $70,796,000 after buying an additional 162,152 shares during the period. 38.28% of the stock is currently owned by institutional investors and hedge funds.

AGNC Investment 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).