Real Estate - REIT - Mortgage - NASDAQ - US
$ 25.06
0.2 %
$ 8.45 B
Market Cap
-13.47
P/E
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. It funds its investments primarily through collateralized borrowings structured as repurchase agreements. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders.[ Read More ]
The intrinsic value of one AGNCM stock under the base case scenario is HIDDEN Compared to the current market price of 25.1 USD, AGNC Investment Corp. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart AGNCM
FINANCIALS
251 M
REVENUE
155 M
OPERATING INCOME
155 M
NET INCOME
-118 M
OPERATING CASH FLOW
-14.7 B
INVESTING CASH FLOW
14.2 B
FINANCING CASH FLOW
376 M
REVENUE
1.19 B
OPERATING INCOME
346 M
NET INCOME
7 M
OPERATING CASH FLOW
-9.62 B
INVESTING CASH FLOW
9.49 B
FINANCING CASH FLOW
Balance Sheet Decomposition
AGNC Investment Corp.
| Current Assets | 518 M |
| Cash & Short-Term Investments | 518 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 736 M |
| Long-Term Investments | 210 M |
| PP&E | 0 |
| Other Non-Current Assets | 526 M |
| Current Liabilities | 325 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 325 M |
| Non-Current Liabilities | 80 M |
| Long-Term Debt | 80 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
AGNC Investment Corp.
| Revenue | 251 M |
| Cost Of Revenue | 96 M |
| Gross Profit | 155 M |
| Operating Expenses | 96 M |
| Operating Income | 155 M |
| Other Expenses | 0 |
| Net Income | 155 M |
RATIOS
61.75%
GROSS MARGIN
61.75%
OPERATING MARGIN
61.75%
NET MARGIN
1.88%
ROE
0.22%
ROA
1.86%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
AGNC Investment Corp.
| Net Income | 155 M |
| Depreciation & Amortization | 2.43 B |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 11 M |
| Change in Working Capital | 12 M |
| Others | -284 M |
| Free Cash Flow | -118 M |
Wall Street Analysts Price Targets
AGNC Investment Corp.
AGNCM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
3.77%
DIVIDEND YIELD
0.631 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
AGNC Investment Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Nov 08, 2023
|
Sell 552 K USD
|
Kuehl Christopher
EVP, Chief Investment Officer |
- 65000
|
8.5 USD |
|
1 year ago
Nov 08, 2023
|
Sell 50.6 K USD
|
Bell Bernice
EVP and Chief Financial Off |
- 6000
|
8.44 USD |
|
1 year ago
Aug 31, 2023
|
Sell 49.6 K USD
|
Bell Bernice
EVP and Chief Financial Off |
- 5000
|
9.93 USD |
|
1 year ago
Jul 27, 2023
|
Bought 50 K USD
|
Davis Morris A.
Director |
+ 4772
|
10.476 USD |
|
1 year ago
May 24, 2023
|
Bought 98 K USD
|
Reid Sean
EVP |
+ 11000
|
8.91 USD |
|
1 year ago
May 16, 2023
|
Sell 109 K USD
|
Larocca Prue
Director |
- 12000
|
9.07 USD |
|
1 year ago
May 10, 2023
|
Sell 3.26 M USD
|
Kain Gary D
Director, Executive Chair |
- 350000
|
9.302 USD |
|
1 year ago
May 10, 2023
|
Sell 1.4 M USD
|
Kain Gary D
Director, Executive Chair |
- 150000
|
9.302 USD |
|
1 year ago
May 10, 2023
|
Sell 31.9 K USD
|
Mullings Paul E
Director |
- 3400
|
9.395 USD |
|
1 year ago
May 09, 2023
|
Sell 65.7 K USD
|
BLANK DONNA
Director |
- 7000
|
9.39 USD |
|
1 year ago
Apr 26, 2023
|
Sell 50.3 K USD
|
Bell Bernice
EVP and Chief Financial Off |
- 5100
|
9.86 USD |
|
1 year ago
Apr 28, 2023
|
Sell 25.7 K USD
|
Bell Bernice
EVP and Chief Financial Off |
- 2600
|
9.9 USD |
|
1 year ago
Apr 26, 2023
|
Sell 69.3 K USD
|
Pollack Kenneth L.
EVP and General Counsel |
- 7003
|
9.9 USD |
|
1 year ago
Apr 26, 2023
|
Sell 138 K USD
|
Davis Morris A.
Director |
- 13998
|
9.86 USD |
|
1 year ago
Feb 15, 2023
|
Sell 124 K USD
|
Pollack Kenneth L.
EVP and General Counsel |
- 10910
|
11.34 USD |
7. News
A Decisive Realignment
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.
seekingalpha.com
- 6 days ago
Pivotal Decisions
Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added just 12k jobs in October - the weakest month since 2020 - with notably weaker trends under the surface. Private employment declined by 28k during the month, fueled by the largest plunge in manufacturing employment since the pandemic shutdown, alongside job declines in retail, transportation, and hospitality.
seekingalpha.com
- 1 week ago
Brace For Volatility
U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards.
seekingalpha.com
- 2 weeks ago
Encouraging Signs For Mortgage REITs
Mortgage REITs (mREITs) are becoming more attractive due to reduced RMBS spreads, alleviated negative convexity, lower cost of capital, and a positive carry from an uninverted yield curve. The macro environment shift suggests strong 3Q24 earnings for mREITs, making common shares potentially opportunistic and bolstering preferred dividend payments. Despite historical weaknesses, mREITs like AGNC could be worth considering at moderate discounts, with potential trading opportunities around earnings releases.
seekingalpha.com
- 3 weeks ago
9.31% Preferred Share From AGNC Investment
AGNC Investment's preferred share AGNCM is currently overpriced and offers a dividend yield of over 9%, but its floating spread is low. AGNCM's dividend is based on a floating rate plus a 4.332% spread, which may decrease if the Federal Reserve lowers interest rates. We recommend considering AGNCO or AGNCP over AGNCM, as they offer better value and lower risk at current prices.
seekingalpha.com
- 3 weeks ago
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
seekingalpha.com
- 4 weeks ago
An October Surprise
U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.
seekingalpha.com
- 1 month ago
An October Surprise
U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.
seekingalpha.com
- 1 month ago
Rates Down, REITs Up
Rates down, REITs up? Two years of persistent rate-driven pressure on residential and commercial real estate markets appears to finally be abating as the worst of pandemic-era inflationary pressures subside. Since the "pivot' in early July, the REIT Index has outpaced the S&P 500 by 10 percentage points. Despite this rebound, REITs still have 35 percentage points of "catch-up" to do. REITs aren't quite as "cheap" now as they were at the end of June, but that's not such a bad thing: premium equity valuations are the "fuel" for REITs' external growth.
seekingalpha.com
- 2 months ago
A Summer To Remember
U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs.
seekingalpha.com
- 2 months ago
Chasing Goldilocks
U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.
seekingalpha.com
- 2 months ago
The Return Of Volatility
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
seekingalpha.com
- 3 months ago
A Fragile Facade
U.S. equity markets climbed to fresh record-highs during the Independence Day week, while interest rates fell sharply after a critical slate of employment data showed evidence of cooling labor markets. Traders monitored the continued fallout from the prior week's lopsided debate, reflecting an increased probability that President Biden will step aside ahead of the November elections. Narrow market breadth - notably, the outperformance of large-cap equities over small-caps - remained a theme this week, as it has since the start of the Fed's rate hiking cycle.
seekingalpha.com
- 4 months ago
8. Profile Summary
AGNC Investment Corp. AGNCM
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 8.45 B
Dividend Yield
3.77%
Description
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. It funds its investments primarily through collateralized borrowings structured as repurchase agreements. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.
Contact
2 Bethesda Metro Center, Bethesda, MD, 20814
https://www.agnc.com
IPO Date
March 6, 2019
Employees
53
Officers
Ms. Amie Wright
Senior Vice President of Internal Audit
Ms. Kasey Reisman
Senior Vice President, Deputy General Counsel & Assistant Secretary
Mr. Jason Campbell
Head of Asset & Liability Management and Senior Vice President
Mr. Gary D. Kain
Executive Chairman
Mr. Peter J. Federico
President, Chief Executive Officer & Director
Mr. Christopher J. Kuehl
Executive Vice President & Chief Investment Officer
Mr. Kenneth L. Pollack
Executive Vice President, General Counsel, Chief Compliance Officer & Secretary
Mr. Sean Reid J.D.
Executive Vice President of Strategy & Corporate Development
Mr. Christopher Erhorn B.S.
Senior Vice President & Chief Technology Officer
Ms. Katie R. Wisecarver
Vice President of Investor Relations