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AGNC Investment (AGNC) Outpaces Stock Market Gains: What You Should Know

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In the latest trading session, AGNC Investment (AGNC - Free Report) closed at $13.38, marking a +0.83% move from the previous day. This move outpaced the S&P 500's daily gain of 0.71%. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 0.14%.

Prior to today's trading, shares of the real estate investment trust had gained 1.92% over the past month. This has outpaced the Finance sector's gain of 1.76% and lagged the S&P 500's gain of 3.76% in that time.

AGNC Investment will be looking to display strength as it nears its next earnings release. In that report, analysts expect AGNC Investment to post earnings of $0.63 per share. This would mark a year-over-year decline of 17.11%.

It is also important to note the recent changes 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 company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Within the past 30 days, our consensus EPS projection remained stagnant. AGNC Investment is currently sporting a Zacks Rank of #3 (Hold).

Looking at its valuation, AGNC Investment is holding a Forward P/E ratio of 5.91. This valuation marks a discount compared to its industry's average Forward P/E of 9.05.

The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.


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