The AGNC Investment Corp. (NASDAQ:AGNC) is going up by 0.75% in today’s trading session, a rise equivalent to 0.12% of the stock’s price from yesterday’s market close. A news came out 21 hours ago stating that AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.16 per Common Share for August 2019 and Announces Estimated Tangible Net Book Value of $17.16 per Common Share as of July 31, 2019 by WSJ. The lowest point that the shares touched during the trading session was $16.03, while the peak of the day was recorded at a share price of $16.28. AGNC finished the previous session at $16.14 according to the data provided by Barchart, while the trading volume was observed to be $1,779,658.
In the 100 days of trading, AGNC managed to top a 17.30% Moving average. Additionally, AGNC Investment Corp. shares have achieved a 52-week range between 16.03 and 19.40 alongside 100 days raw stochastic set at 10.84%.
The number of shares outstanding, according to the fundamentals of the company, is set at 551.35M, equal to the value of $8.90B in market capitalization. Financial analysts indicate that AGNC shares should be still ranked as a “Hold”. In the last 30 days, AGNC Investment Corp. shares went down by -7.53%, adding 17.60 to growth in value, on top of a +1.53% boost since 07/16/19.
AGNC Investment Corp. (NASDAQ:AGNC) Analyst’s Estimates
AGNC Investment Corp. (AGNC) could record at least $0.50 per share in quarterly earnings in the upcoming report on 10/24/2019, a number that would actually represent an increase of 2.06% YOY.
According to the average analyst rating, AGNC Investment Corp. would be rated as 2.60. Out of 10 different analysts monitoring AGNC stock, 0 analysts rate the stock as a BUY, 6 suggest to give the rating of HOLD, 4 indicate that AGNC is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Jun-21-19, the stock earned a Initiated rating due to a new analyst call from UBS, while analysts from Nomura believe that the stock is set at Neutral, as concluded on Mar-27-19. Keefe Bruyette, is still rather wary about the stock, deciding to keep the rating at Outperform as confirmed through a call on Jan-14-19.
Barclays, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Dec-14-18, giving the stock a Overweight from the Equal Weight rating.
AGNC Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +98.70% has been attained, while the operating margin has been recorded at +6.72%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 0.14%. Beta value of the stock is recorded at 0.23. Additionally, AGNC Investment Corp. is recording price volatility of 1.75% for the period of the last seven days and 1.43% in the last 30 days.
AGNC Investment Corp. (NASDAQ:AGNC) Technical Outlook
For the period of the last 50 days, AGNC Investment Corp. had its Raw Stochastic average set at 15.61% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 15.61%. Stochastic %K for AGNC Investment Corp., with the last 20 days included, was set at 9.07%, having Stochastic %D topping 12.23%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for AGNC Investment Corp. stocks with recording -14.74% in metrics.
AGNC Investment Corp. Insider Watch:
As far as the position of shares issued by AGNC Investment Corp. (NASDAQ:AGNC) for the period concluded at the market close of 08/15/19, 216 institutional investors increased their positions in AGNC shares by 38,555,578, 166 decreased positions by 33,806,951 and 59 institutional investors decided to hold positions at 304,086,950. These numbers put the complete list of institutional holdings set at 376,449,479 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 58 institutional investments with 8,760,612 new shares in addition to having 47 institutional investors selling their positions in 3,137,380 shares.