Why Today Is the Best Time to Buy AGNC Investment Corp. [AGNC] Stock at $15.59

In a recent bid AGNC Investment Corp. [AGNC] faced a contemporary bid of $15.59 yielding a 1.63% incline where 5.46 million shares have exchanged hands over the last week. AGNC amount got a boost by 0.71% or $0.11 versus $15.48 at the end of the prior session. This change led market cap to move at 8.43B, putting the price 149.44% below the 52-week high and -20.66% above the 52-week low. The company’s stock has a normal trading capacity of 5.46 million shares while the relative volume is 0.78.

On 12, November 2020, AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for November 2020 and Announces Estimated Tangible Net Book Value of $16.31 per Common Share as of October 31, 2020. According to news published on Yahoo Finance, AGNC Investment Corp. (Nasdaq: AGNC) (“AGNC” or the “Company”) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for November 2020. The dividend is payable on December 9, 2020 to common stockholders of record as of November 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for AGNC Investment Corp. [NASDAQ:AGNC] stock was on July 24, 2020, when it was Upgrade with a Buy rating from Deutsche Bank. Before that, on December 08, 2020, Piper Sandler Recapitulated an Overweight rating and elevated its amount target to $16.50. On June 24, 2020, Argus Initiated a Buy rating and boosted its price target on this stock to $15. On May 04, 2020, Maxim Group Upgrade a Buy rating and increased its price target to $15. On April 29, 2020, RBC Capital Mkts Upgrade an Outperform rating and decreased its price target to $15. On April 28, 2020, BofA/Merrill Upgrade a Buy rating. On April 16, 2020, JMP Securities Upgrade a Mkt outperform rating and boosted its target amount on this stock to $13.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.25 and a peak of $19.65. Right now, the middling Wall Street analyst 12-month amount mark is $16.00. At the most recent market close, shares of AGNC Investment Corp. [NASDAQ:AGNC] were valued at $15.59. According to the average price forecast, investors can expect a potential return of 1.06%.

FUNDAMENTAL ANALYSIS

AGNC Investment Corp. [NASDAQ:AGNC] most recently reported quarterly sales of 1.1 billion, which represented growth of 30.20%. This publicly-traded organization’s revenue is $21,215,686 per employee, while its income is $13,490,196 per employee. This company’s Gross Margin is currently -7.50%, its Pretax Margin is +63.59, and its Net Margin is +63.59. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.62, 6.57, 0.63 and 5.15 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 89.96 and the whole liability to whole assets at 87.51. It shows enduring liability to the whole principal at 2.41 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 15.45 points at 1st support level, the second support level is making up to 15.32. But as of 1st resistance point, this stock is sitting at 15.71 and at 15.84 for 2nd resistance point.

AGNC Investment Corp. [AGNC] reported its earnings at $0.81 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.57/share signifying the difference of 0.24 and 42.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.58 calling estimates for $0.46/share with the difference of 0.12 depicting the surprise of 26.10%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 8.85 and it’s amount to book ratio is 0.95.

Insider Stories

The most recent insider trade was by Davis Morris A., Director, and it was the sale of 2741.0 shares on Aug 24. Davis Morris A., the Director, completed a sale of 4000.0 shares on May 11. On May 06, Kain Gary D, Director, CEO, and CIO, completed a purchase of 0.19 million shares.