Wall Street brokerages expect that AGNC Investment decision Corp. (NASDAQ:AGNC – Get Score) will announce earnings of $.61 per share for the present fiscal quarter, Zacks experiences. Zero analysts have issued estimates for AGNC Investment’s earnings. The best EPS estimate is $.64 and the least expensive is $.58. AGNC Financial commitment posted earnings of $.76 per share all through the identical quarter final yr, which indicates a adverse 12 months-above-yr progress rate of 19.7%. The small business is predicted to announce its future earnings report on Monday, January 1st.
On average, analysts be expecting that AGNC Investment will report total 12 months earnings of $2.17 for each share for the existing fiscal calendar year, with EPS estimates ranging from $2.00 to $2.31. For the subsequent year, analysts forecast that the business will report earnings of $2.10 for every share, with EPS estimates ranging from $1.71 to $2.40. Zacks Expenditure Research’s earnings per share averages are an average based mostly on a study of market-side investigate corporations that cover AGNC Investment decision.
AGNC Expense (NASDAQ:AGNC – Get Rating) final issued its earnings benefits on Monday, January 31st. The true estate expenditure have confidence in documented $.75 earnings for every share for the quarter, topping the Thomson Reuters’ consensus estimate of $.67 by $.08. AGNC Investment had a return on fairness of 17.52% and a internet margin of 58.24%. For the duration of the similar quarter in the earlier calendar year, the company posted $.75 EPS.
A number of equities study analysts a short while ago weighed in on AGNC shares. Piper Sandler lowered their concentrate on price tag on AGNC Investment from $16.50 to $16.00 and set a “neutral” ranking for the company in a investigate notice on Wednesday, January 5th. They observed that the transfer was a valuation get in touch with. TheStreet downgraded AGNC Financial investment from a “c” ranking to a “d+” score in a report on Monday, January 31st. Zacks Investment decision Research downgraded AGNC Financial commitment from a “hold” ranking to a “sell” rating and set a $13.00 cost goal for the enterprise. in a report on Tuesday, January 18th. StockNews.com assumed protection on AGNC Financial investment in a report on Thursday, March 31st. They issued a “hold” score for the firm. Eventually, Bank of America downgraded AGNC Expense from a “buy” ranking to a “neutral” score and lowered their price focus on for the corporation from $17.00 to $13.75 in a report on Monday, February 14th. One particular equities investigate analyst has rated the stock with a promote rating, six have assigned a maintain score and two have provided a purchase ranking to the corporation. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $16.38.
Shares of NASDAQ:AGNC traded up $.06 in the course of midday buying and selling on Friday, achieving $12.60. 483,293 shares of the company’s stock ended up exchanged, in comparison to its average volume of 9,027,966. The firm’s 50 day very simple relocating average is $13.40 and its two-hundred working day very simple transferring ordinary is $14.89. The business has a financial debt-to-equity ratio of .01, a present-day ratio of .25 and a rapid ratio of .25. The inventory has a sector cap of $6.58 billion, a value-to-earnings ratio of 10.54 and a beta of 1.01. AGNC Financial commitment has a fifty-two week lower of $12.17 and a fifty-two week significant of $18.84.
The enterprise also recently disclosed a mar 22 dividend, which will be compensated on Tuesday, April 12th. Traders of file on Thursday, March 31st will be offered a dividend of $.12 per share. The ex-dividend date of this dividend is Wednesday, March 30th. This signifies a generate of 11.3%. AGNC Investment’s payout ratio is 121.01%.
In relevant news, Director Gary D. Kain sold 400,000 shares of the firm’s stock in a transaction that happened on Friday, February 11th. The shares had been offered at an typical value of $14.10, for a full transaction of $5,640,000.00. The sale was disclosed in a doc submitted with the SEC, which is readily available at this hyperlink. .41% of the inventory is owned by business insiders.
Institutional investors and hedge cash have lately additional to or minimized their stakes in the firm. Whole Clarity Wealth Administration Inc. purchased a new place in AGNC Expenditure for the duration of the third quarter value about $28,000. Faucet Consulting LLC acquired a new stake in AGNC Investment in the fourth quarter valued at $28,000. National Bank of Canada FI purchased a new stake in AGNC Expenditure throughout the fourth quarter worth about $31,000. Lazard Asset Management LLC bought a new stake in AGNC Financial commitment in the course of the 4th quarter worthy of somewhere around $31,000. At last, NuWave Investment Administration LLC bought a new position in AGNC Financial investment in the 3rd quarter valued at $34,000. Institutional buyers and hedge funds very own 48.34% of the company’s stock.
AGNC Financial investment Enterprise Profile (Get Rating)
AGNC Investment Corp., formerly American Money Company Corp., is a genuine estate financial commitment have confidence in. The Enterprise invests in company residential property finance loan-backed securities on a leveraged basis. Its investments consist of household home loan go-by securities and collateralized house loan obligations (CMOs) for which the principal and desire payments are assured by a authorities-sponsored business, such as the Federal Countrywide House loan Association (Fannie Mae) and the Federal Household Loan Home finance loan Company (Freddie Mac), or by the United States Authorities company, this kind of as the Governing administration Nationwide House loan Affiliation (Ginnie Mae) (collectively, GSEs).
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