AGNC Investment (NASDAQ:AGNC) Issues Earnings Results

AGNC Investment (NASDAQ:AGNC) released its earnings results on Monday. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05), Zacks reports. AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%.

AGNC Investment Price Performance

NASDAQ AGNC traded up $0.14 during trading hours on Monday, reaching $9.82. 27,490,656 shares of the stock traded hands, compared to its average volume of 18,348,973. AGNC Investment has a 1 year low of $8.92 and a 1 year 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 0.23. The stock has a 50 day simple moving average of $9.50 and a two-hundred day simple moving average of $9.90. The company has a market cap of $8.69 billion, a price-to-earnings ratio of 6.82 and a beta of 1.47.

AGNC Investment Dividend Announcement

The company also recently declared a jan 25 dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a $0.12 dividend. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 15.5%. AGNC Investment’s payout ratio is currently 100.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. JPMorgan Chase & Co. cut their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. Finally, JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.64.

About AGNC Investment

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).