AGNC Investment
Market Cap
US$9.1b
Last Updated
2021/04/13 23:09 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
Snowflake Analysis
High growth potential second-rate 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 +/- 2% a week.
Volatility Over Time: AGNC's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
AGNC
1.4%
US Mortgage REITs
1.3%
US Market
1 Year Return
45.7%
AGNC
67.0%
US Mortgage REITs
53.9%
US Market
Return vs Industry: AGNC underperformed the US Mortgage REITs industry which returned 63.8% over the past year.
Return vs Market: AGNC underperformed the US Market which returned 57.9% over the past year.
Shareholder returns
| AGNC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 1.4% | 1.3% |
| 30 Day | 4.6% | 0.3% | 2.8% |
| 90 Day | 11.0% | 13.1% | 6.6% |
| 1 Year | 61.0%45.7% | 84.6%67.0% | 56.6%53.9% |
| 3 Year | 28.0%-8.3% | 14.1%-16.3% | 62.7%52.3% |
| 5 Year | 58.7%-9.0% | 57.8%-7.4% | 120.5%95.9% |
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 month ago | Simply Wall St
Did AGNC Investment Corp. (NASDAQ:AGNC) Insiders Buy Up More Shares?3 months ago | Simply Wall St
Are Institutions Heavily Invested In AGNC Investment Corp.'s (NASDAQ:AGNC) Shares?5 months ago | Simply Wall St
Have Insiders Been Buying AGNC Investment Corp. (NASDAQ:AGNC) Shares This Year?Valuation
Is AGNC Investment undervalued compared to its fair value and its price relative to the market?
8.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGNC ($17.17) is trading below our estimate of fair value ($18.68)
Significantly Below Fair Value: AGNC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AGNC is unprofitable, so we can't compare its PE Ratio to the US Mortgage REITs industry average.
PE vs Market: AGNC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AGNC's PB Ratio (1x) 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 10 analysts?
66.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGNC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: AGNC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AGNC's is expected to become profitable in the next 3 years.
Revenue vs Market: AGNC's revenue (85.7% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: AGNC's revenue (85.7% per year) is forecast to grow faster than 20% 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 (11.1%).
Past Performance
How has AGNC Investment performed over the past 5 years?
-29.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGNC is currently unprofitable.
Growing Profit Margin: AGNC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AGNC is unprofitable, and losses have increased over the past 5 years at a rate of 29.7% per year.
Accelerating Growth: Unable to compare AGNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AGNC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-35.3%).
Return on Equity
High ROE: AGNC has a negative Return on Equity (-2.4%), as it is currently unprofitable.
Financial Health
How is AGNC Investment's financial position?
Financial Position Analysis
Short Term Liabilities: AGNC's short term assets ($14.7B) do not cover its short term liabilities ($70.6B).
Long Term Liabilities: AGNC's short term assets ($14.7B) exceed its long term liabilities ($177.0M).
Debt to Equity History and Analysis
Debt Level: AGNC's debt to equity ratio (474.3%) is considered high.
Reducing Debt: AGNC's debt to equity ratio has reduced from 591.6% to 474.3% over the past 5 years.
Debt Coverage: AGNC's debt is not well covered by operating cash flow (3.3%).
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?
8.36%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AGNC's dividend (8.39%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: AGNC's dividend (8.39%) is in the top 25% of dividend payers in the US market (3.5%)
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: AGNC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: AGNC's dividends in 3 years are forecast to be covered by earnings (55.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Gary Kain (55 yo)
5.08yrs
Tenure
US$15,826,500
Compensation
Mr. Gary D. Kain served as the Chief Executive Officer and Director of MTGE Investment Corp. since March 17, 2016 until May 2, 2018 and its Chief Investment Officer since March 2011 until May 2, 2018. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD15.83M) is above average for companies of similar size in the US market ($USD6.36M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AGNC's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: AGNC's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGNC insiders have only sold shares 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$9.146b
- Shares outstanding: 531.12m
- 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 | 2021/04/13 23:09 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| 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.