AGNC Investment Corp. with ticker code (AGNC) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 12 and 10.5 suggesting an average Analsyt target price of $11.60. Given that the stocks previous close was at $9.97 and the analysts are correct then there would likely be a percentage uptick in value of 16.3%. The 50 day MA is $11.14 and the 200 day moving average is $10.75. The total market capitalization for the company now stands at $5,728m. Find out more information at: https://www.agnc.com
The potential market cap would be $6,664m based on the market concensus.
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. The company funds its investments primarily through collateralized borrowings structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.
The company has a dividend yield of 13.78% with the ex dividend date set at 30-3-2023 (DMY).
