AGNC Investment Corp. [AGNC] moved down -3.25: Why It’s Important

AGNC Investment Corp. [NASDAQ: AGNC] price plunged by -3.25 percent to reach at -$0.35. The company report on September 14, 2022 that AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for September 2022.


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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 September 2022. The dividend is payable on October 12, 2022 to common stockholders of record as of September 30, 2022.For further information or questions, please contact Investor Relations at (301) 968-9300 or IR@AGNC.com.        ABOUT AGNC INVESTMENT CORP.AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise or a U.S. Government agency.  For further information, please refer to www.AGNC.com.

A sum of 11041441 shares traded at recent session while its average daily volume was at 8.20M shares. AGNC Investment Corp. shares reached a high of $10.7401 and dropped to a low of $10.30 until finishing in the latest session at $10.42.

The one-year AGNC stock forecast points to a potential upside of 15.42. The average equity rating for AGNC stock is currently 2.40, trading closer to a bullish pattern in the stock market.

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 $12.32 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 2.40. 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 Outperform, with their previous recommendation back on June 09, 2022. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $13.50 to $13. The new note on the price target was released on May 05, 2022, representing the official price target for AGNC Investment Corp. stock. Previously, the target price had yet another drop from $14.50 to $11.50, while JP Morgan kept a Neutral rating on AGNC stock. On February 14, 2022, analysts decreased their price target for AGNC shares from 17 to 13.75.

The Average True Range (ATR) for AGNC Investment Corp. is set at 0.27 The Price to Book ratio for the last quarter was 0.84, with the Price to Cash per share for the same quarter was set at 1.68. Price to Free Cash Flow for AGNC in the course of the last twelve months was 9.27.

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 -7.30. With this latest performance, AGNC shares dropped by -15.97% in over the last four-week period, additionally sinking by -20.15% over the last 6 months – not to mention a drop of -35.76% 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 19.00, with the RSI for the last a single of trading hit 11.84, and the three-weeks RSI is set at 26.00 for AGNC Investment Corp. [AGNC]. The present Moving Average for the last 50 days of trading for this stock 12.07, while it was recorded at 10.94 for the last single week of trading, and 12.84 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 +34.13 and a Gross Margin at +100.00. AGNC Investment Corp.’s Net Margin is presently recorded at +31.03.

Return on Equity for this stock inclined to 7.01, with Return on Assets sitting at 1.00.

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 -1.81%.

AGNC Investment Corp. [AGNC] Insider Position Details

There are presently around $2,417 million, or 45.50% of AGNC stock, in the hands of institutional investors. The top three institutional holders of AGNC stocks are: VANGUARD GROUP INC with ownership of 48,339,671, which is approximately 1.569% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 31,899,451 shares of the stock with an approximate value of $332.39 million in AGNC stocks shares; and STATE STREET CORP, currently with $132.92 million in AGNC stock with ownership of nearly -18.287% 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 195 institutional holders increased their position in AGNC Investment Corp. [NASDAQ:AGNC] by around 29,663,064 shares. Additionally, 255 investors decreased positions by around 46,821,586 shares, while 86 investors held positions by with 155,447,084 shares. The mentioned changes placed institutional holdings at 231,931,734 shares, according to the latest SEC report filing. AGNC stock had 58 new institutional investments in for a total of 11,919,721 shares, while 102 institutional investors sold positions of 13,093,214 shares during the same period.

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