AGNC Investment Corp. (NASDAQ: AGNC) is -1.09% lower on its value in year-to-date trading and has touched a low of $6.25 and a high of $19.65 in the current 52-week trading range. The AGNC stock was last observed hovering at around $15.37 in the last trading session, with the day’s gains setting it 0.06% off its average median price target of $16.00 for the next 12 months. It is also 6.48% off the consensus price target high of $16.50 offered by 15 analysts, but current levels are -2.87% lower than the price target low of $15.00 for the same period.
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Currently trading at $15.43, the stock is -0.32% and 2.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.47 million and changing 0.39% at the moment leaves the stock 12.79% off its SMA200. AGNC registered -13.70% loss for a year compared to 6-month gain of 21.78%. The firm has a 50-day simple moving average (SMA 50) of $15.45 and a 200-day simple moving average (SMA200) of $14.23.
The stock witnessed a -0.32% loss in the last 1 month and extending the period to 3 months gives it a 10.29%, and is -0.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.44% over the week and 1.40% over the month.
AGNC Investment Corp. (AGNC) has around 51 employees, a market worth around $8.39B and $1.03B in sales. Fwd P/E is 6.54. Profit margin for the company is -25.80%. Distance from 52-week low is 146.88% and -21.48% from its 52-week high.
AGNC Investment Corp. (AGNC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AGNC Investment Corp. (AGNC) is a “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 2.00, where 4 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
AGNC Investment Corp. is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.65 with sales reaching $361.8M over the same period.The EPS is expected to grow by 450.60% this year, but quarterly earnings will post 45.70% year-over-year. Quarterly sales are estimated to grow 26.10% in year-over-year returns.
AGNC Investment Corp. (AGNC) Top Institutional Holders
625 institutions hold shares in AGNC Investment Corp. (AGNC), with 1.85M shares held by insiders accounting for 0.34% while institutional investors hold 58.78% of the company’s shares. The shares outstanding are 553.20M, and float is at 543.37M with Short Float at 2.15%. Institutions hold 58.58% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 48.03 million shares valued at $668.05 million. The investor’s holdings represent 8.81% of the AGNC Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 41.24 million shares valued at $573.66 million to account for 7.56% of the shares outstanding. The other top investors are State Street Corporation which holds 15.3 million shares representing 2.81% and valued at over $212.79 million, while FMR, LLC holds 2.31% of the shares totaling 12.59 million with a market value of $175.08 million.
AGNC Investment Corp. (AGNC) Insider Activity
A total of 1 insider transactions have happened at AGNC Investment Corp. (AGNC) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by Davis Morris A., the company’s Director. SEC filings show that Davis Morris A. sold 2,741 shares of the company’s common stock on Aug 24 at a price of $14.26 per share for a total of $39074.0. Following the sale, the insider now owns 31313.0 shares.
AGNC Investment Corp. disclosed in a document filed with the SEC on May 11 that Davis Morris A. (Director) sold a total of 4,000 shares of the company’s common stock. The trade occurred on May 11 and was made at $12.47 per share for $49860.0. Following the transaction, the insider now directly holds 33423.0 shares of the AGNC stock.
Still, SEC filings show that on May 06, Kain Gary D (Director, CEO, and CIO) acquired 189,188 shares at an average price of $12.60 for $2.38 million. The insider now directly holds 892,000 shares of AGNC Investment Corp. (AGNC).
AGNC Investment Corp. (AGNC): Who are the competitors?
The company’s main competitors (and peers) include PennyMac Mortgage Investment Trust (PMT) that is trading -22.55% down over the past 12 months. MFA Financial Inc. (MFA) is -50.13% down on the 1-year trading charts. Short interest in the company’s stock has fallen -8.83% from the last report on Nov 12, 2020 to stand at a total of 12.69 million short shares sold with a short interest ratio of 1.88.