AGNC Investment Corp. Announces Nov 19 Dividend of $0.16 (NASDAQ:AGNC)

AGNC Investment Corp. (NASDAQ:AGNC) announced a nov 19 dividend on Tuesday, November 12th, RTT News reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.16 per share by the real estate investment trust on Tuesday, December 10th.

Shares of NASDAQ:AGNC traded up $0.09 during trading on Wednesday, reaching $17.40. The stock had a trading volume of 3,987,700 shares, compared to its average volume of 5,160,042. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.08 and a current ratio of 0.08. The business has a fifty day moving average price of $16.45 and a 200-day moving average price of $16.67. The stock has a market cap of $9.36 billion, a PE ratio of 7.40, a PEG ratio of 2.75 and a beta of 0.26. AGNC Investment has a 1-year low of $14.51 and a 1-year high of $18.29.

AGNC Investment (NASDAQ:AGNC) last issued its quarterly earnings results on Wednesday, October 30th. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.11. The firm had revenue of $119.00 million for the quarter, compared to analyst estimates of $280.17 million. AGNC Investment had a positive return on equity of 11.89% and a negative net margin of 84.94%. The business’s revenue was down 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 earnings per share. Sell-side analysts expect that AGNC Investment will post 2.1 earnings per share for the current year.

A number of equities analysts recently commented on AGNC shares. JPMorgan Chase & Co. reduced their price objective on AGNC Investment from $18.00 to $17.50 and set an “overweight” rating on the stock in a research report on Wednesday, July 24th. Royal Bank of Canada started coverage on AGNC Investment in a research report on Wednesday, October 2nd. They set a “sector perform” rating and a $16.00 price objective on the stock. BidaskClub upgraded AGNC Investment from a “hold” rating to a “buy” rating in a research report on Thursday, October 10th. TheStreet downgraded AGNC Investment from a “c” rating to a “d+” rating in a research report on Thursday, July 25th. Finally, Bank of America started coverage on AGNC Investment in a research report on Monday. They set a “neutral” rating on the stock. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $17.57.

In related news, Director Morris A. Davis acquired 7,350 shares of AGNC Investment stock in a transaction that occurred on Tuesday, November 5th. The shares were purchased at an average price of $17.02 per share, for a total transaction of $125,097.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.30% of the company’s stock.

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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Dividend History for AGNC Investment (NASDAQ:AGNC)

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