AGNC Investment Corp. Announces Jan 25 Dividend of $0.12 (NASDAQ:AGNC)

AGNC Investment Corp. (NASDAQ:AGNC) declared a jan 25 dividend on Wednesday, January 8th,RTT News reports. Investors of record on Friday, January 31st will be given a dividend of 0.12 per share by the real estate investment trust on Tuesday, February 11th.

AGNC Investment has a dividend payout ratio of 86.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect AGNC Investment to earn $1.60 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 90.0%.

AGNC Investment Stock Performance

NASDAQ AGNC traded down $0.03 during trading hours on Wednesday, hitting $9.29. 15,298,433 shares of the stock were exchanged, compared to its average volume of 17,889,424. AGNC Investment has a 12-month low of $8.92 and a 12-month high of $10.85. The stock has a 50-day moving average of $9.51 and a 200 day moving average of $9.92. The company has a market cap of $8.23 billion, a price-to-earnings ratio of 6.45 and a beta of 1.47. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.01.

AGNC Investment (NASDAQ:AGNC) last issued its earnings results on Monday, October 21st. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). AGNC Investment had a return on equity of 23.41% and a net margin of 42.19%. The business had revenue of $756.00 million for the quarter, compared to analysts’ expectations of $219.50 million. During the same period last year, the company posted $0.65 earnings per share. As a group, equities research analysts forecast that AGNC Investment will post 1.94 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating on the stock in a research note on Monday, December 9th. Wells Fargo & Company upgraded shares of AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $10.00 to $12.00 in a research report on Friday, September 20th. Finally, StockNews.com downgraded shares of AGNC Investment from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.44.

AGNC Investment Company Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).