AGNC Investment Corp (NASDAQ:AGNC) Share Price Recovers 15.43% From Its Lows, But Can It Maintain Its Rise?

In recent trading session, AGNC Investment Corp (NASDAQ:AGNC) saw 8.92 million shares changing hands at last check today with its beta currently measuring 1.46. Company’s recent per share price level of $9.72 trading at $0.2 or 2.08% at last check today assigns it a market valuation of $8.61B. That most recent trading price of AGNC’s stock is at a discount of -11.63% from its 52-week high price of $10.85 and is indicating a premium of 15.43% from its 52-week low price of $8.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 29.49 million shares which gives us an average trading volume of 17.29 million if we extend that period to 3-months.

For AGNC Investment Corp (AGNC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.43 in the current quarter.

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AGNC Investment Corp (NASDAQ:AGNC) trade information

Upright in the green today for gaining 2.08%, in the last five days AGNC remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $9.72 price level, adding 0.1% to its value on the day. AGNC Investment Corp’s shares saw a change of -0.94% in year-to-date performance and have moved 4.38% in past 5-day. AGNC Investment Corp (NASDAQ:AGNC) showed a performance of -6.29% in past 30-days. Number of shares sold short was 45.6 million shares which calculate 2.79 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 11.64% to its recent value today. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would jump 17.7% in reaching the projected high whereas dropping to the targeted low would mean a gain of 17.7% for stock’s current value.

AGNC Investment Corp (AGNC) estimates and forecasts

Statistics highlight that AGNC Investment Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 0.60% of value to its shares in past 6 months, showing an annual growth rate of -25.67% while that of industry is -15.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -125.40% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 213.18M for the same. And 7 analysts are in estimates of company making revenue of 258.61M in the next quarter. Company posted -26M and -30M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -24.53% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -25.06% while estimates for its earnings growth in next 5 years are of -3.56%.

AGNC Dividends

AGNC Investment Corp is more likely to be releasing its next quarterly report on 2025-Jan-20 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 14.82%, the share has a forward dividend of 1.44 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 12.77%.

AGNC Investment Corp (NASDAQ:AGNC)’s Major holders

Insiders are in possession of 0.39% of company’s total shares while institution are holding 36.84 percent of that, with stock having share float percentage of 36.98%. Investors also watch the number of corporate investors in a company very closely, which is 36.84% institutions for AGNC Investment Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AGNC for having 68.17 million shares of worth $650.33 million. And as of 2024-06-30, it was holding 9.7079 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 37.09 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2822 of outstanding shares, having a total worth of $353.86 million.