AGNC Investment Corp. (NASDAQ: AGNC) is -28.39% lower on its value in year-to-date trading and has touched a low of $9.99 and a high of $16.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AGNC stock was last observed hovering at around $11.03 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $10.77, the stock is -8.56% and -11.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.52 million and changing -2.36% at the moment leaves the stock -16.48% off its SMA200. AGNC registered -33.56% loss for a year compared to 6-month loss of -17.60%.
The stock witnessed a -12.58% gain in the last 1 month and extending the period to 3 months gives it a -3.58%, and is -3.75% 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 2.32% over the week and 2.22% over the month.
AGNC Investment Corp. (AGNC) has around 50 employees, a market worth around $5.60B and $-817.00M in sales. Fwd P/E is 4.97. Distance from 52-week low is 7.81% and -35.68% from its 52-week high. The company has generated returns on investments over the last 12 months (1.30%).
AGNC Investment Corp. (AGNC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AGNC Investment Corp. (AGNC) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.40, where 7 rate it as a Hold and 0 think it is a “Overweight”. 5 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 10/26/2022.The EPS is expected to grow by 286.60% this year
AGNC Investment Corp. (AGNC) Top Institutional Holders
The shares outstanding are 526.20M, and float is at 520.45M with Short Float at 3.63%.
AGNC Investment Corp. (AGNC) Insider Activity
A total of 8 insider transactions have happened at AGNC Investment Corp. (AGNC) in the last six months, with sales accounting for 1 and purchases happening 7 times. The most recent transaction is an insider sale by Kain Gary D, the company’s Director, Executive Chair. SEC filings show that Kain Gary D sold 200,000 shares of the company’s common stock on Feb 11 at a price of $14.10 per share for a total of $2.82 million. Following the sale, the insider now owns 0.67 million shares.
AGNC Investment Corp. disclosed in a document filed with the SEC on Feb 11 that Kain Gary D (Director, Executive Chair) sold a total of 400,000 shares of the company’s common stock. The trade occurred on Feb 11 and was made at $14.10 per share for $5.64 million. Following the transaction, the insider now directly holds 2.07 million shares of the AGNC stock.
Still, SEC filings show that on Nov 05, Kain Gary D (Director and Executive Chair) disposed off 4,080 shares at an average price of $16.25 for $66312.0. The insider now directly holds 867,920 shares of AGNC Investment Corp. (AGNC).
AGNC Investment Corp. (AGNC): Who are the competitors?
The company’s main competitors (and peers) include Annaly Capital Management Inc. (NLY) that is trading -33.75% down over the past 12 months and Starwood Property Trust Inc. (STWD) that is -12.21% lower over the same period. Rithm Capital Corp. (RITM) is -24.44% down on the 1-year trading charts.