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

AGNC Investment Corp. (NASDAQ:AGNC) announced a jan 25 dividend on Wednesday, January 8th,RTT News reports. Investors of record on Friday, January 31st will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, February 11th. This represents a yield of 15.5%. The ex-dividend date of this dividend is Friday, January 31st.

AGNC Investment has raised its dividend by an average of 111.7% annually over the last three years. AGNC Investment has a payout ratio of 86.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. 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

Shares of AGNC stock opened at $9.29 on Friday. The firm has a market capitalization of $8.23 billion, a price-to-earnings ratio of 6.45 and a beta of 1.47. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average price is $9.51 and its 200-day moving average price is $9.91. AGNC Investment has a 12 month low of $8.92 and a 12 month high of $10.85.

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

Analysts Set New Price Targets

Several analysts recently commented on AGNC shares. Wells Fargo & Company upgraded AGNC Investment from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $10.00 to $12.00 in a report on Friday, September 20th. JPMorgan Chase & Co. decreased their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an “overweight” rating for the company in a research report on Monday, December 9th. Finally, StockNews.com downgraded AGNC Investment from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company 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).