AGNC Investment
Market Cap
US$8.3b
Last Updated
2021/08/04 23:10 UTC
Data Sources
Company Financials +
Executive Summary
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 5.6% per year for the next 3 years
Snowflake Analysis
Good value average dividend payer.
Similar Companies
Share Price & News
How has AGNC Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGNC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AGNC's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.4%
AGNC
0.06%
US Mortgage REITs
0.9%
US Market
1 Year Return
14.6%
AGNC
35.8%
US Mortgage REITs
34.7%
US Market
Return vs Industry: AGNC underperformed the US Mortgage REITs industry which returned 35.8% over the past year.
Return vs Market: AGNC underperformed the US Market which returned 34.7% over the past year.
Shareholder returns
| AGNC | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | 0.06% | 0.9% |
| 30 Day | -7.1% | -3.4% | 0.2% |
| 90 Day | -13.6% | -2.6% | 4.7% |
| 1 Year | 25.5%14.6% | 48.5%35.8% | 36.8%34.7% |
| 3 Year | 15.2%-16.6% | 7.0%-21.1% | 62.5%52.4% |
| 5 Year | 35.4%-21.3% | 36.0%-19.8% | 123.1%98.4% |
Long-Term Price Volatility Vs. Market
How volatile is AGNC Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
How Many AGNC Investment Corp. (NASDAQ:AGNC) Shares Do Institutions Own?5 months ago | Simply Wall St
Did AGNC Investment Corp. (NASDAQ:AGNC) Insiders Buy Up More Shares?Valuation
Is AGNC Investment undervalued compared to its fair value and its price relative to the market?
34.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGNC ($15.74) is trading below our estimate of fair value ($24.03)
Significantly Below Fair Value: AGNC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGNC is good value based on its PE Ratio (4.5x) compared to the US Mortgage REITs industry average (8.2x).
PE vs Market: AGNC is good value based on its PE Ratio (4.5x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: AGNC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AGNC's PB Ratio (0.9x) is in line with the US Mortgage REITs industry average.
Future Growth
How is AGNC Investment forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
-5.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGNC's earnings are forecast to decline over the next 3 years (-5.6% per year).
Earnings vs Market: AGNC's earnings are forecast to decline over the next 3 years (-5.6% per year).
High Growth Earnings: AGNC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AGNC's revenue is expected to decline over the next 3 years (-11.6% per year).
High Growth Revenue: AGNC's revenue is forecast to decline over the next 3 years (-11.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGNC's Return on Equity is forecast to be low in 3 years time (12.7%).
Past Performance
How has AGNC Investment performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGNC has high quality earnings.
Growing Profit Margin: AGNC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AGNC has become profitable over the past 5 years, growing earnings by -4.9% per year.
Accelerating Growth: AGNC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AGNC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (45.5%).
Return on Equity
High ROE: AGNC's Return on Equity (18.8%) is considered low.
Financial Health
How is AGNC Investment's financial position?
Financial Position Analysis
Short Term Liabilities: AGNC's short term assets ($14.1B) do not cover its short term liabilities ($64.2B).
Long Term Liabilities: AGNC's short term assets ($14.1B) exceed its long term liabilities ($148.0M).
Debt to Equity History and Analysis
Debt Level: AGNC's debt to equity ratio (458.4%) is considered high.
Reducing Debt: AGNC's debt to equity ratio has reduced from 609.7% to 458.4% over the past 5 years.
Debt Coverage: AGNC's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if AGNC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is AGNC Investment current dividend yield, its reliability and sustainability?
9.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGNC's dividend (9.15%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: AGNC's dividend (9.15%) is in the top 25% of dividend payers in the US market (3.54%)
Stability and Growth of Payments
Stable Dividend: AGNC's dividend payments have been volatile in the past 10 years.
Growing Dividend: AGNC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.9%), AGNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGNC's dividends in 3 years are forecast to be covered by earnings (59.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Peter Federico (55 yo)
0.083
Tenure
US$5,486,900
Compensation
Mr. Peter J. Federico is Chief Executive Officer and Director at AGNC Investment Corp. since July 1, 2021 and serves as its President since March 31, 2018. He had been Chief Operating Officer of AGNC Inves...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD5.49M) is about average for companies of similar size in the US market ($USD6.50M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AGNC's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: AGNC's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AGNC Investment Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: AGNC Investment Corp.
- Ticker: AGNC
- Exchange: NasdaqGS
- Founded: 2008
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Market Cap: US$8.262b
- Shares outstanding: 524.91m
- Website: https://www.agnc.com
Number of Employees
Location
- AGNC Investment Corp.
- 2 Bethesda Metro Center
- 12th Floor
- Bethesda
- Maryland
- 20814
- United States
Listings
Biography
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/04 23:10 |
| End of Day Share Price | 2021/08/04 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.