AGNC Investment (NASDAQ:AGNC) Releases Earnings Results, Misses Estimates By $0.05 EPS

AGNC Investment (NASDAQ:AGNC) issued its quarterly earnings results on Monday. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates 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 Stock Performance

Shares of AGNC stock opened at $9.87 on Wednesday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The firm has a fifty day simple moving average of $9.51 and a two-hundred day simple moving average of $9.89. AGNC Investment has a 12 month low of $8.92 and a 12 month high of $10.85. The firm has a market capitalization of $8.74 billion, a PE ratio of 6.85 and a beta of 1.47.

AGNC Investment Announces Dividend

The company also recently announced 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. This represents a dividend yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st. AGNC Investment’s dividend payout ratio is currently 100.00%.

Analyst Upgrades and Downgrades

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

About AGNC Investment

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).