AGNC Investment Corp (NASDAQ:AGNC) traded at $9.64 at close of the session on Tuesday, November 26 and made a downward move of -1.13% on its previous day’s price.
AGNC Investment Corp has a market cap of $8.54 billion and is expected to release its quarterly earnings report in December. With its Forward Dividend at 1.44 and a yield of 14.94%, the company’s investors could be anxious for the AGNC stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of 0.43, with the EPS growth for the year raised at 1.98 for current year and 1.98 for next year.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 209.06M, with a low of 10.28M and a high of 401M. The median projection represents growth squeezing down to 904.06% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 86.21M, or 135.04% up from figures reported last year.
On the other hand, looking at the outlook for the AGNC stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold.
Based on estimates by 15 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the AGNC Investment Corp (AGNC) stock as a Hold, while 10 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 0.82% off its SMA20 and -3.58% from its 50-day simple moving average. The RSI (14) is pointing at 45.50 while the volatility over the past week is 1.31% and jumps to 1.76% over the past one month. The beta value is 1.47, while the average true range (ATR) is currently pointing at 0.17. The average price target for the stock over the next 12 months is $11, with the estimates having a low of $8 and a high of $12. These price ends are 17.01% and -24.48% off the current price level respectively, although investors could be excited at the prospect of a -14.11% if the AGNC share price touches on the median price of $11.
Coming back to AGNC Investment Corp (NASDAQ:AGNC), we note that the average 3-month trading volume was 18.08 million, while that of the preceding 10-day period stands at 15.02 million. Current shares outstanding are 885.64 million.
The insiders hold 0.74% of the company’s shares while institutions hold 40.34%. The data shows that short shares as of 2024-11-15, stood at 42.25 million at a short ratio of 1.81. This represents a 479.00 short interest in shares outstanding on 2024-11-15. Shares short fall in November from the previous month at 45.6 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -1.73% down in year-to-date price movement.