AGNC Investment (NASDAQ:AGNC – Get Free Report) announced its earnings results on Monday. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.04), Yahoo Finance reports. The business had revenue of $756.00 million for the quarter, compared to the consensus estimate of $219.50 million. AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. During the same quarter in the previous year, the company earned $0.65 EPS.
AGNC Investment Stock Down 2.1 %
NASDAQ AGNC opened at $10.38 on Tuesday. AGNC Investment has a 1-year low of $6.81 and a 1-year high of $10.85. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 11.41 and a beta of 1.47. The stock’s 50 day moving average is $10.31 and its two-hundred day moving average is $9.92. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.01.
AGNC Investment Announces Dividend
The firm also recently declared a oct 24 dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be given a $0.12 dividend. This represents a yield of 14%. The ex-dividend date of this dividend is Thursday, October 31st. AGNC Investment’s dividend payout ratio (DPR) is presently 158.24%.
Analysts Set New Price Targets
Read Our Latest Stock Report on AGNC
Insider Transactions at AGNC Investment
In related news, CFO Bernice Bell sold 5,000 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $9.97, for a total value of $49,850.00. Following the sale, the chief financial officer now owns 308,182 shares of the company’s stock, valued at $3,072,574.54. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.52% of the stock is currently owned by insiders.
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).
Featured Stories
- Five stocks we like better than AGNC Investment
- What is Insider Trading? What You Can Learn from Insider Trading
- Is CoStar Group Stock a Buy Before Earnings? Analysts Think So
- What is a Dividend King?
- 3 Stocks Driving the Shift to Nuclear Energy for AI Power
- Why Invest in 5G? How to Invest in 5G Stocks
- Utilities Outperform in 2024: 3 Stocks to Keep on Your Radar
Receive News & Ratings for AGNC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AGNC Investment and related companies with MarketBeat.com's FREE daily email newsletter.