AGNC Investment Corp. (AGNCN)
| Market Cap | 7.70B |
| Revenue (ttm) | 973.00M |
| Net Income (ttm) | 731.00M |
| Shares Out | 900.42M |
| EPS (ttm) | 0.93 |
| PE Ratio | 10.53 |
| Forward PE | 5.14 |
| Dividend | $2.60 (10.51%) |
| Ex-Dividend Date | Apr 1, 2025 |
| Volume | 51,845 |
| Open | 24.82 |
| Previous Close | 24.86 |
| Day's Range | 24.74 - 24.85 |
| 52-Week Range | 23.63 - 26.59 |
| Beta | 1.31 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 21, 2025 |
About AGNCN
AGNC Investment Corp. provides private capital to housing market 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 qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal or state corporate income taxes if it distributes at least 90% o... [Read more]
Financial Performance
In 2024, AGNC Investment's revenue was $973.00 million, an increase of 287.65% compared to the previous year's $251.00 million. Earnings were $731.00 million, an increase of 2184.38%.
News
AGNC: Series C Preferred Shares A Buy Even As Fed Set To Slash Rates
AGNC's focus on agency securities largely isolates it from weakness in U.S. economic growth. Preferred dividends were well covered in 2024, with book values likely to rise in Q1 2025. The Series C sha...
Floating Preferreds Have Monstrous Yields Due To Timing Phenomenon
Floating rate preferreds, initially created in a zero interest rate environment, now yield around 10% due to the timing phenomenon and changes in interest rates. Key factors for analysis include compa...
State Of REITs: The 'Dark Age' Is Over
While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-Janu...
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commerci...
AGNC: Preferreds Update And Rotation Into This 9.4% Yielder
AGNC Investment Corp. preferreds offer high single-digit yields, zero credit-risk holdings, and a strong up-in capital profile, making them attractive to investors. AGNCL's reset structure provides a ...
AGNC Investment Corp. (AGNC) Q4 2024 Earnings Call Transcript
AGNC Investment Corp. (NASDAQ:AGNC) Q4 2024 Earnings Conference Call January 28, 2025 8:30 AM ET Company Participants Katherine Turlington - Investor Relations Peter Federico - Director, President an...
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. Des...
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 e...
AGNC Investment Corp. (AGNC) Q3 2024 Earnings Call Transcript
AGNC Investment Corp. (NASDAQ:AGNC) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Katie Turlington - IR Peter Federico - Director, President and CEO Bernie Bell - ...
AGNC Investment Corp. (AGNC) Q2 2024 Earnings Call Transcript
AGNC Investment Corp. (NASDAQ:AGNC) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Katie Turlington - IR Peter Federico - Director, President & CEO Bernie Bell - EVP &...
State Of REIT Nation: Waiting At The Bottom
REITweek, the annual REIT industry conference, was held last week in New York City. Humbled by two years of rate-driven headwinds, the venue halls were as quiet as any REITweek. Excitement was muted a...
AGNC Investment Corp. (AGNC) Q1 2024 Earnings Call Transcript
AGNC Investment Corp. (NASDAQ:AGNC) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Katie Turlington - Investor Relations Peter Federico - Director, President and Chie...
AGNC Investment Corp. (AGNC) UBS Financial Services Conference (Transcript)
AGNC Investment Corp. (AGNC) UBS Financial Services Conference (Transcript)
How Floating Rate Shares Could Earn Over 10%
These fat dividends benefited from floating in one way or another. Many of them are more than 10%. Some shares start floating in 2024 or early 2025. Those shares aren't showing their floating yield ye...
AGNC Investment (AGNC) Q4 2023 Earnings Call Transcript
AGNC Investment (AGNC) Q4 2023 Earnings Call Transcript
AGNC: Why I Bought The 11% Yielding Preferreds
I'm buying AGNC's Series C floating rate preferreds, which currently offer an 11% yield on cost and are trading just 5 cents above their liquidation price. The mREIT has five outstanding floating rate...
Preferreds Weekly Review: Agency mREITs Kick Off Earnings
We take a look at the action in preferreds and baby bonds through the fourth week of October and highlight some of the key themes we are watching. Preferred stocks were slightly lower as Treasury yiel...
AGNC Investment Corp. (AGNC) Q3 2023 Earnings Call Transcript
AGNC Investment Corp. (AGNC) Q3 2023 Earnings Call Transcript
AGNC Investment Corp. Announces Corrections to Previously Announced Dividends on Series C Preferred Stock
BETHESDA, Md. , Oct. 2, 2023 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today a corrected dividend amount for the third quarter 2023 cash dividend on the ...
Why The Agency MBS Sector Is Worth A Look Now
Agency MBS is an attractive asset class for income investors due to its cheap valuation, high quality, and diversification benefits. The option-adjusted spread for Agency MBS is elevated compared to c...
AGNC: A Hefty 15% Yield Against A Chaotic Post-Pandemic Zeitgeist
AGNC now yields 15% on the back of monthly cash dividends that have remained stable at $0.12 per share for the last three years. The mREIT's tangible net book value has faced pressure in recent years ...
AGNC Q2 Earnings: A Relatively Solid Quarter
AGNC Investment reported a relatively good quarter. Share issuance was again the primary highlight though as AGNC used the premium to book value to unload over 10 million shares. Hedges fall a lot ove...