AGNC Investment (AGNC) to Release Earnings on Monday

AGNC Investment (NASDAQ:AGNC – Get Rating) is scheduled to be announcing its earnings results after the market closes on Monday, January 30th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

AGNC Investment (NASDAQ:AGNC – Get Rating) last released its quarterly earnings results on Tuesday, October 25th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.15. The business had revenue of $177.00 million for the quarter, compared to analyst estimates of $363.05 million. AGNC Investment had a negative net margin of 128.56% and a positive return on equity of 23.64%. The business’s revenue for the quarter was down 36.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.75 earnings per share. On average, analysts expect AGNC Investment to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AGNC Investment Stock Performance

Shares of AGNC traded down $0.08 during trading hours on Tuesday, reaching $11.50. 7,583,888 shares of the company traded hands, compared to its average volume of 10,371,907. The stock has a market capitalization of $6.57 billion, a P/E ratio of -3.22 and a beta of 1.15. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.02. AGNC Investment has a 12-month low of $7.30 and a 12-month high of $15.21. The business has a fifty day moving average price of $10.38 and a 200-day moving average price of $10.50.

AGNC Investment Dividend Announcement

The business also recently disclosed a jan 23 dividend, which will be paid on Thursday, February 9th. Stockholders of record on Tuesday, January 31st will be issued a dividend of $0.12 per share. This represents a dividend yield of 12.7%. The ex-dividend date is Monday, January 30th. AGNC Investment’s dividend payout ratio (DPR) is presently -40.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AGNC shares. BTIG Research dropped their price objective on shares of AGNC Investment from $9.50 to $9.00 in a report on Wednesday, October 26th. Royal Bank of Canada dropped their price objective on shares of AGNC Investment from $13.00 to $10.00 and set an “outperform” rating on the stock in a report on Wednesday, October 5th. Barclays upped their price target on shares of AGNC Investment from $9.00 to $12.00 in a report on Friday, January 6th. Credit Suisse Group upped their price target on shares of AGNC Investment to $9.50 in a report on Friday, December 2nd. Finally, StockNews.com began coverage on shares of AGNC Investment in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.55.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Northern Trust Corp raised its position in shares of AGNC Investment by 24.1% during the 1st quarter. Northern Trust Corp now owns 4,705,963 shares of the real estate investment trust’s stock worth $61,648,000 after purchasing an additional 914,711 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in AGNC Investment by 944.6% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 878,850 shares of the real estate investment trust’s stock valued at $11,513,000 after acquiring an additional 794,720 shares during the last quarter. Vanguard Group Inc. raised its holdings in AGNC Investment by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 48,875,957 shares of the real estate investment trust’s stock valued at $411,535,000 after acquiring an additional 536,286 shares during the last quarter. BNP Paribas Arbitrage SNC raised its holdings in AGNC Investment by 44.4% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 1,510,962 shares of the real estate investment trust’s stock valued at $12,722,000 after acquiring an additional 464,499 shares during the last quarter. Finally, Balyasny Asset Management LLC raised its holdings in AGNC Investment by 135.7% in the 3rd quarter. Balyasny Asset Management LLC now owns 110,529 shares of the real estate investment trust’s stock valued at $931,000 after acquiring an additional 420,529 shares during the last quarter. Institutional investors and hedge funds own 40.87% of the company’s stock.

About AGNC Investment

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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).