In recent trading session, AGNC Investment Corp (NASDAQ:AGNC) saw 1.58 million shares changing hands at last check today with its beta currently measuring 1.47. Company’s recent per share price level of $9.63 trading at -$0.13 or -1.33% at last check today assigns it a market valuation of $8.53B. That most recent trading price of AGNC’s stock is at a discount of -12.67% from its 52-week high price of $10.85 and is indicating a premium of 10.49% from its 52-week low price of $8.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.74 million shares which gives us an average trading volume of 18.25 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.
AGNC Investment Corp (NASDAQ:AGNC) trade information
Upright in the red during last session for losing -1.33%, in the last five days AGNC remained trading in the red while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $9.63 price level, adding 2.13% to its value on the day. AGNC Investment Corp’s shares saw a change of -1.83% in year-to-date performance and have moved -0.72% in past 5-day. AGNC Investment Corp (NASDAQ:AGNC) showed a performance of 0.21% in past 30-days. Number of shares sold short was 42.25 million shares which calculate 1.81 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 12.45% 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 16.93% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.93% 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 0.42% of value to its shares in past 6 months, showing an annual growth rate of -25.67% while that of industry is -13.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
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 -25.04% 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 in December 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 14.95%, 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 40.95 percent of that, with stock having share float percentage of 41.11%. Investors also watch the number of corporate investors in a company very closely, which is 40.95% 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.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 22.71 shares of worth $218.68 million or 2.56% of the total outstanding shares. The later fund manager was in possession of 19.59 shares on Sep 30, 2024 , making its stake of worth around $188.68 million in the company or a holder of 2.21% of company’s stock.
