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) ended the recent trading session at $10.62, demonstrating a +1.24% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.19%. Elsewhere, the Dow gained 0.22%, while the tech-heavy Nasdaq added 0.31%.
The stock of real estate investment trust has risen by 2.74% in the past month, lagging the Finance sector's gain of 3.21% and overreaching the S&P 500's gain of 1.33%.
Market participants will be closely following the financial results of AGNC Investment in its upcoming release. The company's upcoming EPS is projected at $0.37, signifying steadiness compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $323.59 million, up 181.38% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.53 per share and revenue of $792.59 million, which would represent changes of -18.62% and +4303.25%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, AGNC Investment holds a Zacks Rank of #4 (Sell).
Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 6.86. This represents a discount compared to its industry average Forward P/E of 8.4.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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) ended the recent trading session at $10.62, demonstrating a +1.24% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.19%. Elsewhere, the Dow gained 0.22%, while the tech-heavy Nasdaq added 0.31%.
The stock of real estate investment trust has risen by 2.74% in the past month, lagging the Finance sector's gain of 3.21% and overreaching the S&P 500's gain of 1.33%.
Market participants will be closely following the financial results of AGNC Investment in its upcoming release. The company's upcoming EPS is projected at $0.37, signifying steadiness compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $323.59 million, up 181.38% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.53 per share and revenue of $792.59 million, which would represent changes of -18.62% and +4303.25%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, AGNC Investment holds a Zacks Rank of #4 (Sell).
Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 6.86. This represents a discount compared to its industry average Forward P/E of 8.4.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.