Analysts Set AGNC Investment Corp. (NASDAQ:AGNC) Price Target at $10.64

Shares of AGNC Investment Corp. (NASDAQ:AGNC) have been given a consensus rating of “Moderate Buy” by the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $10.64.

Several equities analysts have recently weighed in on AGNC shares. Keefe, Bruyette & Woods dropped their price objective on shares of AGNC Investment from $10.75 to $10.25 and set an “outperform” rating on the stock in a report on Wednesday. JMP Securities reiterated a “market perform” rating on shares of AGNC Investment in a report on Thursday, January 23rd. StockNews.com lowered shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a report on Monday, December 9th.

Institutional Investors Weigh In On AGNC Investment

Institutional investors have recently added to or reduced their stakes in the company. Riverview Trust Co bought a new stake in AGNC Investment in the 3rd quarter worth about $25,000. Financial Life Planners bought a new stake in AGNC Investment in the 4th quarter worth about $28,000. Point72 Asset Management L.P. bought a new stake in AGNC Investment in the 3rd quarter worth about $32,000. Northwestern Mutual Wealth Management Co. grew its position in AGNC Investment by 52.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,661 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 1,255 shares in the last quarter. Finally, Blue Trust Inc. grew its position in AGNC Investment by 315.9% in the 3rd quarter. Blue Trust Inc. now owns 3,905 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 2,966 shares in the last quarter. 38.28% of the stock is owned by institutional investors.

AGNC Investment Price Performance

AGNC stock opened at $9.83 on Monday. The firm has a market cap of $8.71 billion, a price-to-earnings ratio of 6.83 and a beta of 1.47. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01. AGNC Investment has a 12-month low of $8.92 and a 12-month high of $10.85. The company’s fifty day simple moving average is $9.52 and its 200 day simple moving average is $9.89.

AGNC Investment (NASDAQ:AGNC) last released its earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.05). AGNC Investment had a net margin of 42.19% and a return on equity of 23.41%. On average, analysts expect that AGNC Investment will post 1.95 earnings per share for the current year.

AGNC Investment Dividend Announcement

The company also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a $0.12 dividend. This represents a yield of 15.5%. The ex-dividend date is Friday, January 31st. AGNC Investment’s payout ratio is 100.00%.

About AGNC Investment

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).