AGNC Investment Corp (NASDAQ: AGNC)’s stock price has decreased by -0.49 compared to its previous closing price of 10.28. However, the company has seen a 0.39% increase in its stock price over the last five trading sessions. fool.com reported 2024-08-29 that All of AGNC Investment’s total return has come from dividend income over the years. The REIT has had to cut its dividend several times in the past.
Is It Worth Investing in AGNC Investment Corp (NASDAQ: AGNC) Right Now?
AGNC Investment Corp (NASDAQ: AGNC) has a price-to-earnings ratio that is above its average at 28.24x. The stock has a 36-month beta value of 1.46. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for AGNC is 776.06M, and at present, short sellers hold a 5.63% of that float. On August 30, 2024, the average trading volume of AGNC was 14.05M shares.
AGNC’s Market Performance
The stock of AGNC Investment Corp (AGNC) has seen a 0.39% increase in the past week, with a 1.49% rise in the past month, and a 6.67% gain in the past quarter. The volatility ratio for the week is 1.02%, and the volatility levels for the past 30 days are at 1.52% for AGNC. The simple moving average for the past 20 days is 1.35% for AGNC’s stock, with a 6.13% simple moving average for the past 200 days.
Analysts’ Opinion of AGNC
Janney, on the other hand, stated in their research note that they expect to see AGNC reach a price target of $10.50. The rating they have provided for AGNC stocks is “Buy” according to the report published on June 06th, 2024.
Compass Point gave a rating of “Buy” to AGNC, setting the target price at $10.25 in the report published on February 20th of the current year.
AGNC Trading at 2.11% 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 -3.22% of loss for the given period.
Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.02%, as shares surge +1.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.65% upper at present.
During the last 5 trading sessions, AGNC rose by +0.54%, which changed the moving average for the period of 200-days by +21.39% in comparison to the 20-day moving average, which settled at $10.10. In addition, AGNC Investment Corp saw 4.28% 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 Bell Bernice, who proposed sale 5,000 shares at the price of $10.07 back on Aug 08 ’24. After this action, Bell Bernice now owns shares of AGNC Investment Corp, valued at $50,358 using the latest closing price.
Bell Bernice, the EVP, CFO of AGNC Investment Corp, sale 5,000 shares at $10.10 during a trade that took place back on Aug 07 ’24, which means that Bell Bernice is holding 303,182 shares at $50,500 based on the most recent closing price.
Stock Fundamentals for AGNC
Current profitability levels for the company are sitting at:
- 0.72 for the present operating margin
- 1.0 for the gross margin
The net margin for AGNC Investment Corp stands at 0.15. The total capital return value is set at 0.21. Equity return is now at value 5.02, with 0.59 for asset returns.
Based on AGNC Investment Corp (AGNC), the company’s capital structure generated 0.89 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 8.12. The interest coverage ratio of the stock is 0.72.
Currently, EBITDA for the company is 691.0 million with net debt to EBITDA at 20.64. When we switch over and look at the enterprise to sales, we see a ratio of 28.46. The receivables turnover for the company is 0.2for trailing twelve months and the total asset turnover is 0.03.
Conclusion
To sum up, AGNC Investment Corp (AGNC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
