AGNC Investment (NASDAQ:AGNC) Issues Quarterly Earnings Results

AGNC Investment (NASDAQ:AGNC) posted its quarterly earnings data on Monday. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate 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

Shares of NASDAQ AGNC opened at $9.82 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. AGNC Investment has a one year low of $8.92 and a one year high of $10.85. The firm has a market capitalization of $8.69 billion, a P/E ratio of 6.82 and a beta of 1.47. The company’s fifty day moving average is $9.51 and its two-hundred day moving average is $9.90.

AGNC Investment Dividend Announcement

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

Analysts Set New Price Targets

AGNC has been the subject of a number of recent research reports. JPMorgan Chase & Co. decreased their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research note on Monday, December 9th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, StockNews.com lowered AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.64.

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).