AGNC Investment Corp. (NASDAQ:AGNC) Receives $10.44 Average Price Target from Analysts

Shares of AGNC Investment Corp. (NASDAQ:AGNC) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $10.44.

A number of research firms have weighed in on AGNC. StockNews.com cut AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JPMorgan Chase & Co. lowered their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research report on Monday, December 9th. Finally, Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $10.00 to $12.00 in a research report on Friday, September 20th.

Institutional Trading of AGNC Investment

A number of institutional investors have recently bought and sold shares of AGNC. Riverview Trust Co acquired a new position in shares of AGNC Investment during the 3rd quarter worth $25,000. Point72 Asset Management L.P. purchased a new stake in shares of AGNC Investment in the third quarter valued at about $32,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of AGNC Investment in the second quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of AGNC Investment by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 1,255 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in shares of AGNC Investment by 315.9% during the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 2,966 shares in the last quarter. 38.28% of the stock is currently owned by hedge funds and other institutional investors.

AGNC Investment Stock Down 0.3 %

AGNC stock opened at $9.29 on Thursday. The company has a market cap of $8.23 billion, a price-to-earnings ratio of 6.45 and a beta of 1.47. The company has a fifty day moving average price of $9.51 and a 200 day moving average price of $9.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.23 and a quick ratio of 0.23. AGNC Investment has a 12 month low of $8.92 and a 12 month high of $10.85.

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

AGNC Investment Dividend Announcement

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

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).