AGNC Investment Corp. (AGNC) To Go Ex-Dividend on January 31st

AGNC Investment Corp. (NASDAQ:AGNC) announced a jan 25 dividend on Wednesday, January 8th,RTT News reports. Shareholders of record on Friday, January 31st will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, February 11th. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st.

AGNC Investment has increased its dividend by an average of 111.7% per year over the last three years. AGNC Investment has a payout ratio of 88.9% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Research analysts expect AGNC Investment to earn $1.60 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 90.0%.

AGNC Investment Stock Up 0.8 %

AGNC Investment stock opened at $9.87 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a market cap of $8.74 billion, a PE ratio of 6.85 and a beta of 1.47. AGNC Investment has a fifty-two week low of $8.92 and a fifty-two week high of $10.85. The firm’s 50-day simple moving average is $9.51 and its 200 day simple moving average is $9.89.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. Research analysts predict that AGNC Investment will post 1.95 EPS for the current fiscal year.

Analysts Set New Price Targets

AGNC has been the subject of several recent research reports. StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research note on Saturday, October 19th. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. lowered their target price on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th. One equities research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $10.64.

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).