AGNC Investment Corp (NASDAQ: AGNC)’s stock price has soared by 1.12 in relation to previous closing price of 9.79. Nevertheless, the company has seen a gain of 0.71% in its stock price over the last five trading days. The Motley Fool reported 2024-03-29 that Realty Income has increased its big-time dividend 124 times since coming public. Vici Properties has delivered peer-leading dividend growth over the past several years.
Is It Worth Investing in AGNC Investment Corp (NASDAQ: AGNC) Right Now?
Moreover, the 36-month beta value for AGNC is 1.44. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for AGNC is 689.80M and currently, short sellers hold a 7.06% of that float. On April 01, 2024, AGNC’s average trading volume was 12.05M shares.
AGNC’s Market Performance
The stock of AGNC Investment Corp (AGNC) has seen a 0.71% increase in the past week, with a 5.43% rise in the past month, and a -2.27% fall in the past quarter. The volatility ratio for the week is 1.38%, and the volatility levels for the past 30 days are at 1.44% for AGNC. The simple moving average for the last 20 days is 2.17% for AGNC’s stock, with a simple moving average of 4.33% for the last 200 days.
Analysts’ Opinion of AGNC
Many brokerage firms have already submitted their reports for AGNC stocks, with Compass Point repeating the rating for AGNC by listing it as a “Buy.” The predicted price for AGNC in the upcoming period, according to Compass Point is $10.25 based on the research report published on February 20, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see AGNC reach a price target of $9. The rating they have provided for AGNC stocks is “Neutral” according to the report published on December 06th, 2023.
Barclays gave a rating of “Equal Weight” to AGNC, setting the target price at $8 in the report published on November 15th of the previous year.
AGNC Trading at 3.02% from the 50-Day Moving Average
After a stumble in the market that brought AGNC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.94% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares surge +3.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.06% upper at present.
During the last 5 trading sessions, AGNC rose by +0.71%, which changed the moving average for the period of 200-days by -1.30% in comparison to the 20-day moving average, which settled at $9.71. In addition, AGNC Investment Corp saw 0.92% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AGNC starting from Kuehl Christopher, who sale 65,000 shares at the price of $9.32 back on Feb 15 ’24. After this action, Kuehl Christopher now owns 651,296 shares of AGNC Investment Corp, valued at $605,800 using the latest closing price.
Bell Bernice, the EVP, CFO of AGNC Investment Corp, sale 10,000 shares at $9.85 during a trade that took place back on Jan 26 ’24, which means that Bell Bernice is holding 287,282 shares at $98,500 based on the most recent closing price.
Stock Fundamentals for AGNC
Current profitability levels for the company are sitting at:
- 2.75 for the present operating margin
- 0.62 for the gross margin
The net margin for AGNC Investment Corp stands at 4.27. The total capital return value is set at 0.07. Equity return is now at value 1.92, with 0.25 for asset returns.
Based on AGNC Investment Corp (AGNC), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 7.44. The interest coverage ratio of the stock is 0.3.
Currently, EBITDA for the company is 691.0 million with net debt to EBITDA at -0.38. When we switch over and look at the enterprise to sales, we see a ratio of 25.69. The receivables turnover for the company is 0.02for trailing twelve months and the total asset turnover is 0.0.
Conclusion
To wrap up, the performance of AGNC Investment Corp (AGNC) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
