AGNC Investment Corp. (NASDAQ:AGNC) announced a quarterly dividend on Thursday, May 10th, RTT News reports. Stockholders of record on Thursday, May 31st will be given a dividend of 0.18 per share by the real estate investment trust on Friday, June 8th. This represents a $0.72 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend is Wednesday, May 30th.
AGNC stock opened at $18.84 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.04. AGNC Investment has a one year low of $18.85 and a one year high of $18.91. The firm has a market capitalization of $7.39 billion, a PE ratio of 7.66 and a beta of -0.06.
AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings data on Wednesday, April 25th. The real estate investment trust reported $0.60 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.60. The firm had revenue of $225.00 million during the quarter, compared to analysts’ expectations of $240.82 million. AGNC Investment had a net margin of 122.47% and a return on equity of 11.85%. During the same quarter last year, the business earned $0.64 earnings per share. research analysts expect that AGNC Investment will post 2.48 EPS for the current year.
AGNC has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of AGNC Investment from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Wednesday, April 25th. Maxim Group reiterated a “buy” rating and set a $21.25 price objective on shares of AGNC Investment in a research note on Thursday, February 1st. Barclays decreased their price objective on shares of AGNC Investment from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Friday, February 2nd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $19.50 target price on shares of AGNC Investment in a research report on Thursday, February 1st. Finally, BidaskClub raised shares of AGNC Investment from a “sell” rating to a “hold” rating in a research report on Tuesday, April 24th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $19.55.
AGNC Investment Company Profile
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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