AGNC Investment Corp. [NASDAQ: AGNC] stock went on a downward path that fall over -1.80% on Monday, amounting to a one-week price decrease of less than -6.11%. The company report on July 8, 2021 that AGNC Investment Corp. Announces Date for Second Quarter Earnings Release and Stockholder Call.
AGNC Investment Corp. (Nasdaq: AGNC) (“AGNC” or the “Company”) announced it will report second quarter 2021 earnings after market close on July 26, 2021. AGNC will hold a stockholder call and audio webcast on July 27, 2021 at 8:30 am ET. Callers who do not plan on asking a question and have internet access are encouraged to utilize the free webcast at www.AGNC.com. Those who plan on participating in the Q&A or do not have internet available may access the call by dialing (877) 300-5922 (U.S. domestic) or (412) 902-6621 (international). Please advise the operator you are dialing in for the AGNC Investment Corp. stockholder call.
A slide presentation will accompany the call and will be available at www.AGNC.com. Select the Q2 2021 Earnings Presentation link to download and print the presentation in advance of the stockholder call.
Over the last 12 months, AGNC stock rose by 18.47%. The one-year AGNC Investment Corp. stock forecast points to a potential upside of 13.21. The average equity rating for AGNC stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $8.33 billion, with 533.70 million shares outstanding and 522.77 million shares in the current float. Compared to the average trading volume of 7.40M shares, AGNC stock reached a trading volume of 10808165 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $18.25 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 2.10. 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.
Keefe Bruyette have made an estimate for AGNC Investment Corp. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on June 07, 2021. While these analysts kept the previous recommendation, Jefferies raised their target price to Hold. The new note on the price target was released on December 14, 2020, representing the official price target for AGNC Investment Corp. stock. Previously, the target price had yet another raise to $16.50, while Piper Sandler analysts kept a Overweight rating on AGNC stock.
The Average True Range (ATR) for AGNC Investment Corp. is set at 0.35, with the Price to Sales ratio for AGNC stock in the period of the last 12 months amounting to 2.38. The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 1.83. Price to Free Cash Flow for AGNC in the course of the last twelve months was 8.41.
AGNC Stock Performance Analysis:
AGNC Investment Corp. [AGNC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.11. With this latest performance, AGNC shares dropped by -6.77% in over the last four-week period, additionally plugging by 1.21% over the last 6 months – not to mention a rise of 18.47% 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 26.45, with the RSI for the last a single of trading hit 22.45, and the three-weeks RSI is set at 30.23 for AGNC Investment Corp. [AGNC]. The present Moving Average for the last 50 days of trading for this stock 17.61, while it was recorded at 16.12 for the last single week of trading, and 16.25 for the last 200 days.
Insight into AGNC Investment Corp. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and AGNC Investment Corp. [AGNC] shares currently have an operating margin of +162.46 and a Gross Margin at +100.00. AGNC Investment Corp.’s Net Margin is presently recorded at -78.01.
Return on Total Capital for AGNC is now 0.60, given the latest momentum, and Return on Invested Capital for the company is -2.13. Return on Equity for this stock declined to -2.41, with Return on Assets sitting at -0.27. When it comes to the capital structure of this company, AGNC Investment Corp. [AGNC] has a Total Debt to Total Equity ratio set at 580.11. Additionally, AGNC Total Debt to Total Capital is recorded at 85.30, with Total Debt to Total Assets ending up at 78.55. Long-Term Debt to Equity for the company is recorded at 1.85, with the Long-Term Debt to Total Capital now at 0.23.
Reflecting on the efficiency of the workforce at the company, AGNC Investment Corp. [AGNC] managed to generate an average of -$5,320,000 per employee. Receivables Turnover for the company is 0.03 with a Total Asset Turnover recorded at a value of 0.00.
AGNC Stock EPS
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%.
AGNC Investment Corp. [AGNC] Insider Position Details
There are presently around $4,273 million, or 53.50% of AGNC stock, in the hands of institutional investors. The top three institutional holders of AGNC stocks are: VANGUARD GROUP INC with ownership of 47,926,994, which is approximately 0.66% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 44,378,981 shares of the stock with an approximate value of $702.96 million in AGNC stocks shares; and STATE STREET CORP, currently with $212.03 million in AGNC stock with ownership of nearly -4.758% 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 235 institutional holders increased their position in AGNC Investment Corp. [NASDAQ:AGNC] by around 18,467,622 shares. Additionally, 222 investors decreased positions by around 39,163,670 shares, while 72 investors held positions by with 212,149,034 shares. The mentioned changes placed institutional holdings at 269,780,326 shares, according to the latest SEC report filing. AGNC stock had 59 new institutional investments in for a total of 3,257,086 shares, while 64 institutional investors sold positions of 13,245,327 shares during the same period.