AGNC Investment Corp. [AGNC] fell -20.53% so far this year. What now?

AGNC Investment Corp. [NASDAQ: AGNC] traded at a low on 08/26/20, posting a -0.85 loss after which it closed the day’ session at $14.05. The company report on August 13, 2020 that AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for August 2020 and Announces Estimated Tangible Net Book Value of $14.84 per Common Share as of July 31, 2020.

AGNC Investment Corp. (Nasdaq: AGNC) (“AGNC” or the “Company”) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for August 2020. The dividend is payable on September 10, 2020 to common stockholders of record as of August 31, 2020.

The Company also announced today its estimated tangible net book value of $14.84 per common share as of July 31, 2020. The estimate of tangible net book value includes deductions for the Company’s July 2020 dividend of $0.12 per common share, which was declared on July 9, 2020 with a July 31, 2020 record date.

The results of the trading session contributed to over 4671149 shares changing hands. Over the past one week, the price volatility of AGNC Investment Corp. stands at 1.81% while the volatility over the past one month is 1.86%.

The market cap for AGNC stock reached $7.77 billion, with 560.30 million shares outstanding and 553.67 million shares in the current float. Compared to the average trading volume of 8.94M shares, AGNC reached a trading volume of 4671149 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about AGNC Investment Corp. [AGNC]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AGNC shares is $14.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AGNC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for AGNC Investment Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 24, 2020. While these analysts kept the previous recommendation, Argus raised their target price to Buy. The new note on the price target was released on June 24, 2020, representing the official price target for AGNC Investment Corp. stock. Previously, the target price had yet another raise to $15, while Maxim Group analysts kept a Buy rating on AGNC stock. On April 29, 2020, analysts decreased their price target for AGNC shares from 18 to 15.

The Average True Range (ATR) for AGNC Investment Corp. is set at 0.26, with the Price to Sales ratio for AGNC stock in the period of the last 12 months amounting to 9.10. The Price to Book ratio for the last quarter was 0.89, with the Price to Cash per share for the same quarter was set at 1.55. Price to Free Cash Flow for AGNC in the course of the last twelve months was 19.81.

How has AGNC stock performed recently?

AGNC Investment Corp. [AGNC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.79. With this latest performance, AGNC shares gained by 3.54% in over the last four-week period, additionally sinking by -20.01% over the last 6 months – not to mention a drop of -6.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AGNC stock in for the last two-week period is set at 60.30, with the RSI for the last a single of trading hit 59.45, and the three-weeks RSI is set at 57.81 for AGNC Investment Corp. [AGNC]. The present Moving Average for the last 50 days of trading for this stock 13.41, while it was recorded at 14.08 for the last single week of trading, and 14.88 for the last 200 days.

AGNC Investment Corp. [AGNC]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and AGNC Investment Corp. [AGNC] shares currently have an operating margin of +63.59 and a Gross Margin at +100.00. AGNC Investment Corp.’s Net Margin is presently recorded at +63.59.

Return on Total Capital for AGNC is now 0.63, given the latest momentum, and Return on Invested Capital for the company is 5.15. Return on Equity for this stock inclined to 6.57, with Return on Assets sitting at 0.62. When it comes to the capital structure of this company, AGNC Investment Corp. [AGNC] has a Total Debt to Total Equity ratio set at 896.23. Additionally, AGNC Total Debt to Total Capital is recorded at 89.96, with Total Debt to Total Assets ending up at 87.51. Long-Term Debt to Equity for the company is recorded at 26.21, with the Long-Term Debt to Total Capital now at 2.41.

Reflecting on the efficiency of the workforce at the company, AGNC Investment Corp. [AGNC] managed to generate an average of $13,490,196 per employee. Receivables Turnover for the company is 0.07 with a Total Asset Turnover recorded at a value of 0.01.

Earnings analysis for AGNC Investment Corp. [AGNC]

With the latest financial reports released by the company, AGNC Investment Corp. posted 0.59/share EPS, while the average EPS was predicted by analysts to be reported at 0.49/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AGNC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AGNC Investment Corp. go to -0.05%.

Insider trade positions for AGNC Investment Corp. [AGNC]

There are presently around $4,769 million, or 62.80% of AGNC stock, in the hands of institutional investors. The top three institutional holders of AGNC stocks are: VANGUARD GROUP INC with ownership of 53,223,588, which is approximately -0.646% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 41,438,329 shares of the stock with an approximate value of $582.21 million in AGNC stocks shares; and CAPITAL WORLD INVESTORS, currently with $277.0 million in AGNC stock with ownership of nearly -21.383% of the company’s market capitalization.

Positions in AGNC Investment Corp. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 243 institutional holders increased their position in AGNC Investment Corp. [NASDAQ:AGNC] by around 62,625,138 shares. Additionally, 214 investors decreased positions by around 106,142,523 shares, while 52 investors held positions by with 170,672,463 shares. The mentioned changes placed institutional holdings at 339,440,124 shares, according to the latest SEC report filing. AGNC stock had 73 new institutional investments in for a total of 24,922,202 shares, while 64 institutional investors sold positions of 11,057,748 shares during the same period.

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