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) Laps the Stock Market: Here's Why
Read MoreHide Full Article
AGNC Investment (AGNC - Free Report) closed at $9.31 in the latest trading session, marking a +1.2% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. At the same time, the Dow added 1.19%, and the tech-heavy Nasdaq gained 1.43%.
Coming into today, shares of the real estate investment trust had gained 4.07% in the past month. In that same time, the Finance sector gained 1.91%, while the S&P 500 gained 3.92%.
The investment community will be closely monitoring the performance of AGNC Investment in its forthcoming earnings report. The company's upcoming EPS is projected at $0.42, signifying a 20.75% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $254.19 million, indicating a 8572.87% upward movement from the same quarter last year.
AGNC's full-year Zacks Consensus Estimates are calling for earnings of $1.67 per share and revenue of $994.47 million. These results would represent year-over-year changes of -11.17% and +5424.85%, respectively.
Investors might also notice recent changes to analyst estimates for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, AGNC Investment is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, AGNC Investment is presently being traded at a Forward P/E ratio of 5.53. This denotes a discount relative to the industry average Forward P/E of 8.27.
The REIT and Equity Trust industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 193, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
AGNC Investment (AGNC) Laps the Stock Market: Here's Why
AGNC Investment (AGNC - Free Report) closed at $9.31 in the latest trading session, marking a +1.2% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. At the same time, the Dow added 1.19%, and the tech-heavy Nasdaq gained 1.43%.
Coming into today, shares of the real estate investment trust had gained 4.07% in the past month. In that same time, the Finance sector gained 1.91%, while the S&P 500 gained 3.92%.
The investment community will be closely monitoring the performance of AGNC Investment in its forthcoming earnings report. The company's upcoming EPS is projected at $0.42, signifying a 20.75% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $254.19 million, indicating a 8572.87% upward movement from the same quarter last year.
AGNC's full-year Zacks Consensus Estimates are calling for earnings of $1.67 per share and revenue of $994.47 million. These results would represent year-over-year changes of -11.17% and +5424.85%, respectively.
Investors might also notice recent changes to analyst estimates for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, AGNC Investment is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, AGNC Investment is presently being traded at a Forward P/E ratio of 5.53. This denotes a discount relative to the industry average Forward P/E of 8.27.
The REIT and Equity Trust industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 193, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.