We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
AGNC Investment (AGNC) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
The most recent trading session ended with AGNC Investment (AGNC - Free Report) standing at $9.12, reflecting a -0.22% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.38%.
Heading into today, shares of the real estate investment trust had lost 4.59% over the past month, outpacing the Finance sector's loss of 5.04% and lagging the S&P 500's loss of 2.2% in that time.
Investors will be eagerly watching for the performance of AGNC Investment in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.42, showcasing a 30% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $215.5 million, showing a 928.85% escalation compared to the year-ago quarter.
Investors should also pay attention to any latest changes in analyst estimates for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. AGNC Investment currently has a Zacks Rank of #4 (Sell).
From a valuation perspective, AGNC Investment is currently exchanging hands at a Forward P/E ratio of 5.7. This denotes a discount relative to the industry's average Forward P/E of 7.8.
The REIT and Equity Trust industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 51, finds itself in the top 21% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
AGNC Investment (AGNC) Stock Slides as Market Rises: Facts to Know Before You Trade
The most recent trading session ended with AGNC Investment (AGNC - Free Report) standing at $9.12, reflecting a -0.22% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.38%.
Heading into today, shares of the real estate investment trust had lost 4.59% over the past month, outpacing the Finance sector's loss of 5.04% and lagging the S&P 500's loss of 2.2% in that time.
Investors will be eagerly watching for the performance of AGNC Investment in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.42, showcasing a 30% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $215.5 million, showing a 928.85% escalation compared to the year-ago quarter.
Investors should also pay attention to any latest changes in analyst estimates for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. AGNC Investment currently has a Zacks Rank of #4 (Sell).
From a valuation perspective, AGNC Investment is currently exchanging hands at a Forward P/E ratio of 5.7. This denotes a discount relative to the industry's average Forward P/E of 7.8.
The REIT and Equity Trust industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 51, finds itself in the top 21% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.