Real Estate -
REIT - Mortgage - NASDAQ - US
$ 25.18
-0.0199 %
$ 8.46 B
Market Cap
-13.54
P/E
1. INTRINSIC VALUE
Balance Sheet
AGNC Investment Corp.
| Current Assets | 518 M |
| Cash & Short-Term Investments | 518 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 52.5 B |
| Long-Term Investments | 210 M |
| PP&E | 0 |
| Other Non-Current Assets | 52.2 B |
| Current Liabilities | 11.3 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 11.3 B |
| 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 | 0 |
| Gross Profit | 251 M |
| Operating Expenses | 63.1 M |
| Operating Income | 188 M |
| Other Expenses | 32.9 M |
| Net Income | 155 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
AGNC Investment Corp.
| Net Income | 155 M |
| Depreciation & Amortization | 2.53 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
0.59 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
State Of REITs: Recession To Recovery In 2025
The real estate cycle will finally transition from the "Recession" phase to the "Recovery" phase in 2025. Muted supply growth will be the silver-lining to the brutal three-year bear market. False Start: REITs surged 20% leading up to the Fed's initial "jumbo" interest rate cut in September, but have hit the skids once again since the rate cuts actually began. Historically Cheap: REITs have underperformed the S&P 500 by a whopping 45 percentage points since the start of the Fed hiking cycle in 2022 - a historically remarkable underperformance gap.
seekingalpha.com
- 1 month ago
'Tis The Season For REIT Dividends
U.S. equity markets climbed to fresh record-highs while benchmark interest rates dipped sharply, as investors parsed inflation data and deliberated the potential implementation and impacts of Trump Administration policies. Markets cheered the nomination of Scott Bessent for US Treasury Secretary, reflecting expectations that the implementation of hawkish trade and immigration policies would consider the impacts on U.S. financial markets. Extending its post-election gains to around 6%, the S&P 500 advanced another 1.2% this week. The Small-Cap 600 gained 1.1% this week - lifting its post-election gains to over 10%.
seekingalpha.com
- 1 month ago
AGNC Investment's Preferred Stock AGNCP Is Undervalued To Its Brothers
AGNC Investment Corp. focuses on Agency MBS and offers high dividend yields, making it attractive for income-seeking investors. Preferred stocks of AGNC, especially AGNCP, present undervalued opportunities compared to their floating-rate counterparts like AGNCM. Using swap rates and future cash flows in a method of evaluation proven in the past, AGNCP is identified as a better investment relative to AGNCM.
seekingalpha.com
- 1 month ago
Select High Yield Preferreds Remain Opportunistically Priced
Recent macroeconomic changes, including the yield curve uninverting and Fed rate cuts, have significantly impacted REIT preferreds, leading to price increases and varied forward return potentials. Despite overall price rises, select REIT preferreds remain deeply discounted, offering high yields and substantial capital appreciation potential. Mispricing due to accrued dividends and variable rate conversions presents lucrative opportunities in preferreds.
seekingalpha.com
- 1 month ago
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
- 2 months 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
- 2 months 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 months 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
- 2 months 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
- 2 months 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
- 3 months 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
- 3 months 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
- 4 months ago
8. Profile
Summary
AGNC Investment Corp. AGNCM
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 8.46 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. Katie R. Wisecarver
Vice President of Investor Relations
Mr. Peter J. Federico
President, Chief Executive Officer & Director
Mr. Christopher J. Kuehl
Executive Vice President & Chief Investment Officer
Mr. Aaron J. Pas C.F.A.
Senior Vice President
Mr. Sean Reid J.D.
Executive Vice President of Strategy & Corporate Development
Ms. Bernice E. Bell CPA
Executive Vice President & Chief Financial Officer
Mr. Christopher Erhorn B.S.
Senior Vice President & Chief Technology Officer
Mr. Jason Campbell
Head of Asset & Liability Management and Senior Vice President
Mr. Kenneth L. Pollack
Executive Vice President, General Counsel, Chief Compliance Officer & Secretary
Mr. Gary D. Kain
Executive Chairman