AGNC Investment Corp. (AGNCP)
| Market Cap | 7.63B |
| Revenue (ttm) | 973.00M |
| Net Income (ttm) | 731.00M |
| Shares Out | 900.42M |
| EPS (ttm) | 0.93 |
| PE Ratio | 10.44 |
| Forward PE | 5.04 |
| Dividend | $1.53 (6.34%) |
| Ex-Dividend Date | Apr 1, 2025 |
| Volume | 48,949 |
| Open | 24.10 |
| Previous Close | 23.98 |
| Day's Range | 24.10 - 24.11 |
| 52-Week Range | 23.06 - 25.48 |
| Beta | 1.31 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 21, 2025 |
About AGNCP
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
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...
Preferreds Weekly Review: No News Is Great News For Dynex Capital Series C
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferred stocks gained alongside Treasuries, with credi...
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...
9.25% Yield, Not Excited: Time To Talk About AGNC Preferreds
AGNCP shares yield 6.13% now, but will soon float to around 9.26%. Yay? Potential capital gain is minimal with a yield to call of about 4.3%, so don't expect significant appreciation. AGNCP's floating...
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 ...
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...
AGNCP: Upside Already Realized
AGNCP shares are expected to deliver positive returns, though they no longer offer an exciting risk/reward profile. Preferred share prices increased despite higher Treasury yields, leading to fewer at...
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...
An Overdue Article On AGNCP At A Lukewarm Price
These bullet points are boring. The article is not. AGNCP is one of 5 preferred shares from AGNC Investment, with a floating-rate dividend starting in 2025. Investors should be prepared for short-term...
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...
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...
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...
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...
Preferred Dislocation Accelerates On Jobs Report
Variable rate securities should be agnostic to interest rates. Yet the floating rate preferreds crashed on a strong jobs report. The mispricing is exacerbated representing even greater opportunity.
AGNC Preferred Shares: Getting Paid For Simple Math
Finding the better investment between two similar shares can be really easy. I'll demonstrate the math. There's nothing complex here. It's basically grade school math plus snark. Let us be grateful th...
How To Potentially Make Easy Money Trading Similar Shares Online
One REIT slashed its dividend by more than 40%. We warned readers in advance, so it's no big deal. We found another opportunity where investors can improve their cash flow. What's better than a higher...
State Of REITs: Distress Brings Opportunity
Rates Up, REITs Down? Whether fundamentally justified or not, commercial and residential real estate markets continue to bear the brunt of the Federal Reserve's historically swift monetary tightening ...
My Dividend Stock Portfolio: New April Dividend Record - 99 Holdings With 21 Buys
Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack.
9% Dividend Yields Or Higher At Big Discounts
Most of these picks are starting at dividend yields around 9%. A few are set to increase significantly. The company doesn't get to simply decide on a lower dividend rate. The floating rates are set by...
Inflation Cools, But Nobody Believes It
U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt c...