During the recent session, AGNC Investment Corp (NASDAQ:AGNC)’s traded shares were 3.34 million, with the beta value of the company hitting 1.46. At the last check today, the stock’s price was $9.38, reflecting an intraday gain of 1.07% or $0.1. The 52-week high for the AGNC share is $10.85, that puts it down -15.67 from that peak though still a striking 4.9% gain since the share price plummeted to a 52-week low of $8.92. The company’s market capitalization is $8.31B, and the average intraday trading volume over the past 10 days was 20.17 million shares, and the average trade volume was 18.41 million shares over the past three months.
AGNC Investment Corp (AGNC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. AGNC has a Sell rating from 0 analyst(s) out of 15 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.42.
AGNC Investment Corp (NASDAQ:AGNC) trade information
AGNC Investment Corp (AGNC) registered a 1.07% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.07% in intraday trading to $9.38, hitting a weekly high. The stock’s 5-day price performance is -0.01%, and it has moved by -1.07% in 30 days. Based on these gigs, the overall price performance for the year is -1.27%. The short interest in AGNC Investment Corp (NASDAQ:AGNC) is 41.93 million shares and it means that shorts have 2.97 day(s) to cover.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 14.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $12 respectively. As a result, AGNC is trading at a discount of -27.93% off the target high and -17.27% off the low.
AGNC Investment Corp (AGNC) estimates and forecasts
Statistics show that AGNC Investment Corp has underperformed its competitors in share price, compared to the industry in which it operates. AGNC Investment Corp (AGNC) shares have gone down -3.81% during the last six months, with a year-to-date growth rate less than the industry average at -25.67% against -15.40. In the rating firms’ projections, revenue will increase 149.81% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 238.47M as predicted by 9 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 340.25M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled -26M and -30M respectively. In this case, analysts expect current quarter sales to grow by 1,017.20% and then jump by 1,234.17% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -24.53%. While earnings are projected to return -25.27% in 2025, the next five years will return -3.56% per annum.
AGNC Dividends
AGNC Investment Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for AGNC Investment Corp is 1.44, with the dividend yield indicating at 15.35 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 12.9%.
AGNC Investment Corp (NASDAQ:AGNC)’s Major holders
AGNC Investment Corp insiders own 0.39% of total outstanding shares while institutional holders control 41.12%, with the float percentage being 41.28%. VANGUARD GROUP INC is the largest shareholder of the company, while 646.0 institutions own stock in it. As of 2024-06-30, the company held over 68.17 million shares (or 9.7079% of all shares), a total value of $650.33 million in shares.
The next largest institutional holding, with 37.09 million shares, is of BLACKROCK INC.’s that is approximately 5.2822% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $353.86 million.
