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) Exceeds Market Returns: Some Facts to Consider
Read MoreHide Full Article
In the latest trading session, AGNC Investment (AGNC - Free Report) closed at $10.43, marking a +2.15% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.61%. Elsewhere, the Dow lost 0.23%, while the tech-heavy Nasdaq added 1.19%.
The stock of real estate investment trust has fallen by 8.02% in the past month, lagging the Finance sector's gain of 1.72% and the S&P 500's gain of 4.44%.
Investors will be eagerly watching for the performance of AGNC Investment in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.38, indicating constancy compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $361.52 million, showing a 123.16% escalation compared to the year-ago quarter.
AGNC's full-year Zacks Consensus Estimates are calling for earnings of $1.56 per share and revenue of $1.47 billion. These results would represent year-over-year changes of +4% and +117.14%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for AGNC Investment. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, AGNC Investment is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that AGNC Investment has a Forward P/E ratio of 6.53 right now. This expresses a discount compared to the average Forward P/E of 7.2 of its industry.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 147, placing it within the bottom 40% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
AGNC Investment (AGNC) Exceeds Market Returns: Some Facts to Consider
In the latest trading session, AGNC Investment (AGNC - Free Report) closed at $10.43, marking a +2.15% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.61%. Elsewhere, the Dow lost 0.23%, while the tech-heavy Nasdaq added 1.19%.
The stock of real estate investment trust has fallen by 8.02% in the past month, lagging the Finance sector's gain of 1.72% and the S&P 500's gain of 4.44%.
Investors will be eagerly watching for the performance of AGNC Investment in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.38, indicating constancy compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $361.52 million, showing a 123.16% escalation compared to the year-ago quarter.
AGNC's full-year Zacks Consensus Estimates are calling for earnings of $1.56 per share and revenue of $1.47 billion. These results would represent year-over-year changes of +4% and +117.14%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for AGNC Investment. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, AGNC Investment is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that AGNC Investment has a Forward P/E ratio of 6.53 right now. This expresses a discount compared to the average Forward P/E of 7.2 of its industry.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 147, placing it within the bottom 40% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.