AGNC Investment (AGNC) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.60 per share a year ago.
AGNC is set to post its Q4 results next week. Here, we assess factors that are likely to have influenced it and how investors should play this stock.
There is one very big reason to be attracted to AGNC Investment (AGNC -0.21%) and several big reasons you might want to avoid it. Here's a look at whether or not AGNC Investment is a buy right now, or if it is one of those stocks that you'll always want to avoid.
While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
The preferred stock of AGNC Investment offers a nearly safe 10.0% dividend yield, with a wide margin of safety and protection against higher interest rates. The company has a strong track record of maintaining dividends even during economic downturns, further securing the preferred dividend. Despite potential risks from higher interest rates, the floating yield of AGNCN provides a hedge, making it attractive for income-oriented investors.
Many dividend investors seek solid passive income streams from quality ultra-high-yield dividend stocks.
The latest trading day saw AGNC Investment (AGNC) settling at $9.12, representing a -0.22% change from its previous close.
One of the best aspects of putting your money to work on Wall Street is there's no one-size-fits-all blueprint for success. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, there's likely to be one or more stocks that can help you meet your investment goals.
In 2022 and 2023, many dividend stocks withered as rising interest rates drove more investors toward risk-free CDs and T-bills. But over the past year, many of those dividend stocks warmed up again as interest rates declined.
When investors start saving for the future, they usually focus on increasing their nest eggs. That tends to shift as investors near or enter retirement, when the goal changes to living off that nest egg, which is why many investors look to dividend-paying stocks like real estate investment trusts (REITs).
Lately, I have been cautioning investors about AGNC's payout sustainability and high P/TBV ratio amidst bullish Wall Street sentiment. New developments since my last writing have either reduced or removed my concerns. The valuation has largely reverted to the mean in terms of its P/TBV ratio.
AGNC Investment (AGNC) is a mortgage real estate investment trust (mREIT). This is a fairly complex type of business, and investors should acquire a deep understanding of how it works before making a decision to buy or hold its stock.