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AGNC Investment (AGNC) Gains As Market Dips: What You Should Know
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In the latest trading session, AGNC Investment (AGNC - Free Report) closed at $12.19, marking a +1.67% move from the previous day. The stock outpaced the S&P 500's daily loss of 2.38%. Elsewhere, the Dow lost 1.94%, while the tech-heavy Nasdaq lost 0.64%.
Heading into today, shares of the real estate investment trust had lost 1.24% over the past month, lagging the Finance sector's gain of 0.51% and the S&P 500's loss of 0.07% in that time.
Investors will be hoping for strength from AGNC Investment as it approaches its next earnings release. In that report, analysts expect AGNC Investment to post earnings of $0.60 per share. This would mark a year-over-year decline of 21.05%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $198 million, down 55.61% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $1 billion. These totals would mark changes of -22.52% and -43.9%, respectively, from last year.
Any recent changes to analyst estimates for AGNC Investment should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. AGNC Investment is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 5.13. Its industry sports an average Forward P/E of 8.68, so we one might conclude that AGNC Investment is trading at a discount comparatively.
The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 157, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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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AGNC Investment (AGNC) Gains As Market Dips: What You Should Know
In the latest trading session, AGNC Investment (AGNC - Free Report) closed at $12.19, marking a +1.67% move from the previous day. The stock outpaced the S&P 500's daily loss of 2.38%. Elsewhere, the Dow lost 1.94%, while the tech-heavy Nasdaq lost 0.64%.
Heading into today, shares of the real estate investment trust had lost 1.24% over the past month, lagging the Finance sector's gain of 0.51% and the S&P 500's loss of 0.07% in that time.
Investors will be hoping for strength from AGNC Investment as it approaches its next earnings release. In that report, analysts expect AGNC Investment to post earnings of $0.60 per share. This would mark a year-over-year decline of 21.05%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $198 million, down 55.61% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $1 billion. These totals would mark changes of -22.52% and -43.9%, respectively, from last year.
Any recent changes to analyst estimates for AGNC Investment should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. AGNC Investment is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 5.13. Its industry sports an average Forward P/E of 8.68, so we one might conclude that AGNC Investment is trading at a discount comparatively.
The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 157, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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.