AGNC Investment (AGNC) Scheduled to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNC) will be releasing its earnings data after the market closes on Monday, April 22nd. Analysts expect AGNC Investment to post earnings of $0.55 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

AGNC Investment (NASDAQ:AGNC) last released its quarterly earnings data on Monday, January 29th. The real estate investment trust reported $0.60 EPS for the quarter, beating the consensus estimate of $0.49 by $0.11. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. The business had revenue of $640.00 million during the quarter, compared to analyst estimates of $570.42 million. During the same quarter last year, the business earned $0.74 earnings per share. On average, analysts expect AGNC Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AGNC Investment Price Performance

AGNC stock opened at $9.15 on Friday. AGNC Investment has a 52 week low of $6.81 and a 52 week high of $10.64. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $9.56 and a two-hundred day simple moving average of $9.25. The firm has a market capitalization of $6.36 billion, a P/E ratio of 915.92 and a beta of 1.45.

AGNC Investment Dividend Announcement

The company also recently announced a apr 24 dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be paid a $0.12 dividend. This represents a dividend yield of 15.4%. The ex-dividend date is Monday, April 29th. AGNC Investment’s dividend payout ratio is currently 14,414.41%.

Insider Buying and Selling

In related news, CFO Bernice Bell sold 10,000 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the transaction, the chief financial officer now owns 287,282 shares of the company’s stock, valued at approximately $2,829,727.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.52% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AGNC. Vanguard Group Inc. grew its holdings in AGNC Investment by 10.5% during the 4th quarter. Vanguard Group Inc. now owns 63,366,808 shares of the real estate investment trust’s stock worth $621,628,000 after acquiring an additional 6,019,268 shares in the last quarter. Norges Bank bought a new position in AGNC Investment during the 4th quarter worth about $56,213,000. Millennium Management LLC grew its holdings in AGNC Investment by 86.5% during the 4th quarter. Millennium Management LLC now owns 6,506,730 shares of the real estate investment trust’s stock worth $67,345,000 after acquiring an additional 3,018,383 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in shares of AGNC Investment by 329.9% in the 1st quarter. Schonfeld Strategic Advisors LLC now owns 2,224,541 shares of the real estate investment trust’s stock valued at $22,423,000 after buying an additional 1,707,061 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in shares of AGNC Investment by 32.9% in the 4th quarter. Morgan Stanley now owns 5,064,600 shares of the real estate investment trust’s stock valued at $52,419,000 after buying an additional 1,254,573 shares in the last quarter. 38.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AGNC has been the topic of several recent analyst reports. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research note on Thursday. StockNews.com raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Royal Bank of Canada reduced their target price on shares of AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Thursday, January 25th. Jonestrading initiated coverage on shares of AGNC Investment in a research note on Friday, March 22nd. They issued a “buy” rating and a $10.75 target price on the stock. Finally, Compass Point started coverage on shares of AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 target price on the stock. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $9.93.

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).