In the most recent trading session, AGNC Investment (AGNC) closed at $9.79, indicating a -0.81% shift from the previous trading day.
Dividend stocks have vastly outperformed publicly traded companies that don't offer a payout over the last 50 years. Form 13F filings for the first quarter show that billionaire investors couldn't stop buying select high-octane dividend stocks.
In the closing of the recent trading day, AGNC Investment (AGNC) stood at $9.66, denoting no change from the preceding trading day.
A pair of mortgage-focused real estate investment trusts have attracted the attention of an enthusiastic investment bank analyst. Janney Montgomery Scott recently initiated coverage for AGNC Investment and Annaly Capital with buy ratings.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
AGNC Investment Corp. is a mortgage REIT with a high yield but also a history of dividend cuts. Its reliance on leverage and long-term fixed-income assets makes it vulnerable to interest rate fluctuations and margin calls, which lead to permanent losses. AGNC is currently trading at a fair value and isn't a Buy until the share price reflects a discount to book that can benefit from cyclical tailwinds.
AGNC Investment Corp. has a 15% forward yield, but it may not be sustainable due to negative net interest income. The company relies on derivatives to mitigate the risks of borrowing short and lending long, but this reduces profitability. The current environment of high short-term rates and lower long-term rates may normalize, potentially benefiting AGNC's business model.
In the closing of the recent trading day, AGNC Investment (AGNC) stood at $9.72, denoting a +1.36% change from the preceding trading day.
AGNC is a mortgage REIT. The stock has a massive 14%+ dividend yield.
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In the closing of the recent trading day, AGNC Investment (AGNC) stood at $9.59, denoting a -0.52% change from the preceding trading day.
Zacks.com users have recently been watching AGNC Investment (AGNC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.