AGNC Investment (AGNC) Scheduled to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNC) is set to post its quarterly earnings results after the market closes on Monday, October 21st. Analysts expect AGNC Investment to post earnings of $0.50 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). AGNC Investment had a net margin of 16.15% and a return on equity of 26.21%. The company had revenue of $695.00 million for the quarter, compared to analysts’ expectations of $643.29 million. During the same quarter in the prior year, the firm earned $0.67 EPS. AGNC Investment’s quarterly revenue was up 52.1% compared to the same quarter last year. 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 Stock Performance

Shares of AGNC opened at $10.60 on Friday. The company has a 50-day simple moving average of $10.30 and a two-hundred day simple moving average of $9.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a market capitalization of $7.71 billion, a PE ratio of 11.65 and a beta of 1.47. AGNC Investment has a one year low of $6.81 and a one year high of $10.85.

AGNC Investment Dividend Announcement

The company also recently announced a oct 24 dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be paid a $0.12 dividend. This represents a dividend yield of 14%. The ex-dividend date of this dividend is Thursday, October 31st. AGNC Investment’s payout ratio is presently 158.24%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Maxim Group downgraded AGNC Investment from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. Royal Bank of Canada boosted their price objective on shares of AGNC Investment from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday. Keefe, Bruyette & Woods lifted their target price on shares of AGNC Investment from $10.00 to $10.25 and gave the company an “outperform” rating in a report on Thursday, July 25th. Finally, Compass Point upped their price target on AGNC Investment from $10.25 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $10.33.

Insider Buying and Selling at AGNC Investment

In related news, CFO Bernice Bell sold 5,000 shares of AGNC Investment stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $9.97, for a total value of $49,850.00. Following the completion of the sale, the chief financial officer now directly owns 308,182 shares in the company, valued at approximately $3,072,574.54. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.52% of the company’s stock.

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).