AGNC reported slightly weaker than expected Q2'24 results, but the REIT's spread profile is improving, mainly due to growing interest income. Inflation is moderating, and the Fed is nearing its 'pivot point.' Shares now trade at a 17% premium to the REIT's longer term (3-year) price-to-book ratio.
AGNC Investment saw its book value fall in Q2 following two consecutive quarters of gains. However, the worst appears over for the mortgage REIT, with interest rates settling into a more narrow range.
Many investors buy dividend stocks as a way to generate income without lowering their initial investment. Annaly Capital, AGNC Investment, and Two Harbors have all cut their dividends regularly over the past decade.
Inflation appears to be waning. The Federal Reserve won't likely cut just yet, but a recession appears inbound. I'm getting 14% while watching the economic situation unfold.
Imagine stocks and funds paying you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced 300%, or more! These July U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (81); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.6% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 7/23/24.
Chasing yield is risky. High-yield dividend stocks falling or failing businesses will often exhibit exorbitant rates.
AGNC Investment battled more challenging market conditions in the second quarter. The mortgage REIT's earnings declined while its leverage rose.
AGNC Investment Corp.'s net interest income trend is positive, supported by cooling inflation and potential interest rate cuts. The stock is selling at a small premium to book value, with potential for multiple compression and a long-run valuation target of $10.60 per share. Risks include high leverage and fluctuating profit, but overall, AGNC Investment shows promise for positive net interest income and strong total returns.
AGNC Investment's (AGNC) Q2 earnings reflect an improvement in asset yield. Yet, a decline in net interest spread and a rise in the combined weighted average cost of funds are undermining factors.
AGNC Investment (AGNC) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.67 per share a year ago.
AGNC has a high dividend yield and pays investors monthly. The company invests in residential mortgage-backed securities.
This week I want to take a comprehensive look at the current market landscape and some exciting investment opportunities, particularly in real estate and banking sectors.