AGNC Investment (AGNC) Scheduled to Post Earnings on Monday

AGNC Investment (NASDAQ:AGNC) will be announcing its earnings results after the market closes on Monday, July 22nd. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

AGNC Investment (NASDAQ:AGNC) last posted its earnings results on Tuesday, April 23rd. The real estate investment trust reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. AGNC Investment had a net margin of 32.12% and a return on equity of 27.14%. The business had revenue of $642.00 million during the quarter, compared to the consensus estimate of $568.38 million. During the same quarter in the previous year, the firm posted $0.70 EPS. 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 Trading Down 0.7 %

NASDAQ:AGNC opened at $10.22 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.01. AGNC Investment has a 12 month low of $6.81 and a 12 month high of $10.64. The company has a market cap of $7.43 billion, a PE ratio of 11.23 and a beta of 1.48. The company has a 50 day simple moving average of $9.80 and a two-hundred day simple moving average of $9.65.

AGNC Investment Announces Dividend

The firm also recently disclosed a jul 24 dividend, which will be paid on Friday, August 9th. Stockholders of record on Wednesday, July 31st will be given a dividend of $0.12 per share. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Wednesday, July 31st. AGNC Investment’s payout ratio is 158.24%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AGNC. Jonestrading cut their price objective on shares of AGNC Investment from $10.75 to $10.25 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. JMP Securities reissued a “market perform” rating on shares of AGNC Investment in a research report on Thursday, April 18th. Janney Montgomery Scott began coverage on shares of AGNC Investment in a research report on Thursday, June 6th. They set a “buy” rating and a $10.50 price objective for the company. Keefe, Bruyette & Woods boosted their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, July 10th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of AGNC Investment from $9.50 to $10.00 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, AGNC Investment currently has a consensus rating of “Moderate Buy” and an average price target of $9.88.

Insider Activity at AGNC Investment

In related news, Director Paul E. Mullings sold 5,400 shares of AGNC Investment stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $9.40, for a total transaction of $50,760.00. Following the transaction, the director now owns 111,827 shares in the company, valued at approximately $1,051,173.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $9.35, for a total value of $46,750.00. Following the sale, the director now owns 75,545 shares in the company, valued at approximately $706,345.75. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Paul E. Mullings sold 5,400 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $9.40, for a total transaction of $50,760.00. Following the completion of the sale, the director now owns 111,827 shares in the company, valued at approximately $1,051,173.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,900 shares of company stock worth $149,030. 0.52% of the stock is owned by corporate 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).