AGNC Investment Corp (AGNC) To Go Ex-Dividend on April 26th
AGNC Investment Corp (NASDAQ:AGNC) declared a apr 17 dividend on Thursday, April 13th. Shareholders of record on Friday, April 28th will be paid a dividend of 0.18 per share by the real estate investment trust on Monday, May 8th. This represents a yield of 10.66%. The ex-dividend date of this dividend is Wednesday, April 26th.
AGNC Investment Corp (NASDAQ:AGNC) opened at 20.66 on Friday. The firm’s 50-day moving average price is $19.85 and its 200 day moving average price is $19.22. AGNC Investment Corp has a one year low of $17.30 and a one year high of $20.70. The firm has a market cap of $6.84 billion, a P/E ratio of 11.52 and a beta of 0.14.
AGNC Investment Corp (NASDAQ:AGNC) last issued its quarterly earnings data on Wednesday, February 1st. The real estate investment trust reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. AGNC Investment Corp had a return on equity of 10.64% and a net margin of 67.21%. The firm had revenue of $295 million for the quarter, compared to analyst estimates of $214.23 million. During the same period in the prior year, the firm posted $0.54 EPS. On average, equities research analysts forecast that AGNC Investment Corp will post $2.28 EPS for the current year.
In related news, SVP Bernice Bell sold 5,135 shares of the company’s stock in a transaction on Monday, March 6th. The stock was sold at an average price of $19.49, for a total transaction of $100,081.15. Following the completion of the sale, the senior vice president now directly owns 12,709 shares in the company, valued at approximately $247,698.41. The sale was disclosed in a filing with the SEC, which is available through this link. 0.49% of the stock is owned by corporate insiders.
AGNC has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded AGNC Investment Corp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 17th. Maxim Group cut their target price on AGNC Investment Corp from $21.50 to $20.00 and set a “buy” rating for the company in a research report on Friday, February 3rd. Barclays PLC set a $19.00 target price on AGNC Investment Corp and gave the company a “hold” rating in a research report on Saturday, February 4th. TheStreet upgraded AGNC Investment Corp from a “d+” rating to a “c” rating in a research report on Wednesday, March 22nd. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.00 target price on shares of AGNC Investment Corp in a research report on Thursday, April 6th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. AGNC Investment Corp presently has an average rating of “Hold” and a consensus price target of $20.19.
About AGNC Investment Corp
AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).
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