AGNC Investment Corp (NASDAQ:AGNC)’s traded shares stood at 2.14 million during the latest session, with the company’s beta value hitting 1.46.The AGNC share’s 52-week high remains $10.85, putting it -15.67% down since that peak but still an impressive 4.9% since price per share fell to its 52-week low of $8.92. The company has a valuation of $8.31B, with an average of 17.54 million shares in intraday trading volume over the past 10 days and average of 18.11 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for AGNC Investment Corp (AGNC), translating to a mean rating of 1.80. Of 15 analyst(s) looking at the stock, 0 analyst(s) give AGNC a Sell rating. 1 of those analysts rate the stock as Overweight while 4 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.42.
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AGNC Investment Corp (NASDAQ:AGNC) trade information
The 5-day price performance for the stock is 1.19%, and -2.70% over 30 days. With these gigs, the year-to-date price performance is -4.38%. Short interest in AGNC Investment Corp (NASDAQ:AGNC) saw shorts transact 47.38 million shares and set a 2.4 days time to cover.
The extremes give us $11 and $12 for target low and target high price respectively. As such, AGNC has been trading -27.93% off suggested target high and -17.27% from its likely low.
AGNC Investment Corp (AGNC) estimates and forecasts
Looking at statistics comparing AGNC Investment Corp share performance against respective industry, we note that the company has underperformed competitors. AGNC Investment Corp (AGNC) shares are -1.68% down over the last 6 months, with its year-to-date growth rate lower than industry average at -25.67% against -15.40%. The rating firms project that company’s revenue will grow 149.81% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 238.47M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 340.25M.Earnings reports from the last fiscal year show that sales brought in -26M and -30M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1,017.20% before jumping 1,234.17% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -24.53% for the past 5-year period. While 2024 is set for a -25.27% return in earnings, projections for the next 5 years are at -3.56% annually.
AGNC Dividends
AGNC Investment Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. AGNC Investment Corp has a forward dividend ratio of 1.44, with the share yield ticking at 15.35% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 12.83%.
AGNC Investment Corp (NASDAQ:AGNC)’s Major holders
AGNC Investment Corp insiders hold 0.39% of total outstanding shares, with institutional holders owning 41.11% of the shares at 41.27% float percentage. In total, 41.11% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 68.17 million shares (or 9.7079% of shares), all amounting to roughly $650.33 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 37.09 million shares, or about 5.2822% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $353.86 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the AGNC Investment Corp (AGNC) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 24.72 shares. This is just over 2.79% of the total shares, with a market valuation of $231.36 million. Data from the same date shows that the other fund manager holds a little less at 19.59, or 2.21% of the shares, all valued at about 183.39 million.
