AGNC Investment Corp (NASDAQ:AGNC) price on current trading day, rose 0.14% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $9.52.
A look at the stock’s price movement, the level at last check in today’s session was $9.51, moving within a range at $9.4899 and $9.55. The beta value (5-Year monthly) was 1.466 while the PE ratio in trailing twelve months stood at 6.67. Turning to its 52-week performance, $10.85 and $8.85 were the 52-week high and 52-week low respectively. Overall, AGNC moved 0.04% over the past month.
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AGNC Investment Corp’s market cap currently stands at around $8.43 billion, with investors looking forward to this quarter’s earnings report slated for in January. The company has a Forward Dividend ratio of 1.44, with its dividend yield at 15.12%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 237.36M for the company’s revenue for the quarter, with a low and high estimate of 10.28M and 463.8M respectively. The average forecast suggests up to a 1,012.93% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 121.28M, representing a 149.30% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AGNC is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
15 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 10 recommend AGNC as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AGNC’s current price about -0.95% and -3.71% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.20, while 7-day volatility ratio is 1.16% and 1.63% in the 30-day chart. Further, AGNC Investment Corp (AGNC) has a beta value of 1.46, and an average true range (ATR) of 0.15. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $11 and high of $12. Looking at the price targets, the low is -15.55% off recent price level in today’s trading while to achieve the yearly target high, it has to move -26.05%. Nonetheless, investors will most likely welcome a -15.55% jump to $11 which is the analysts’ median price.
If we refocus on AGNC Investment Corp (NASDAQ:AGNC), historical trading data shows that trading volumes averaged 14.7 over the past 10 days and 18.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 885.64 million shares.
The 0.74% of AGNC Investment Corp’s shares are in the hands of company insiders while institutional holders own 40.42% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 42.25 million on 2024-11-15, giving us a short ratio of 1.81. The data shows that as of 2024-11-15 short interest in AGNC Investment Corp (AGNC) stood at 479.0 of shares outstanding, with shares short falling to 45.6 million registered in 2024-10-15. Current price change has pushed the stock -2.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AGNC stock continues to rise going into the next quarter.
