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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 $9.44, marking a +0.43% move from the previous day. This move outpaced the S&P 500's daily loss of 0.27%. At the same time, the Dow lost 0.47%, and the tech-heavy Nasdaq gained 0.14%.
Heading into today, shares of the real estate investment trust had lost 5.15% over the past month, lagging the Finance sector's loss of 1.83% and the S&P 500's loss of 2.86% in that time.
Wall Street will be looking for positivity from AGNC Investment as it approaches its next earnings report date. The company is expected to report EPS of $0.54, down 35.71% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $310.17 million, up 75.24% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.41 per share and revenue of $417.5 million. These totals would mark changes of -22.51% and -55.59%, respectively, from last year.
Any recent changes to analyst estimates for AGNC Investment should also be noted by investors. 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Within the past 30 days, our consensus EPS projection remained stagnant. AGNC Investment is currently a Zacks Rank #2 (Buy).
Looking at its valuation, AGNC Investment is holding a Forward P/E ratio of 3.91. This represents a discount compared to its industry's average Forward P/E of 7.09.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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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 $9.44, marking a +0.43% move from the previous day. This move outpaced the S&P 500's daily loss of 0.27%. At the same time, the Dow lost 0.47%, and the tech-heavy Nasdaq gained 0.14%.
Heading into today, shares of the real estate investment trust had lost 5.15% over the past month, lagging the Finance sector's loss of 1.83% and the S&P 500's loss of 2.86% in that time.
Wall Street will be looking for positivity from AGNC Investment as it approaches its next earnings report date. The company is expected to report EPS of $0.54, down 35.71% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $310.17 million, up 75.24% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.41 per share and revenue of $417.5 million. These totals would mark changes of -22.51% and -55.59%, respectively, from last year.
Any recent changes to analyst estimates for AGNC Investment should also be noted by investors. 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Within the past 30 days, our consensus EPS projection remained stagnant. AGNC Investment is currently a Zacks Rank #2 (Buy).
Looking at its valuation, AGNC Investment is holding a Forward P/E ratio of 3.91. This represents a discount compared to its industry's average Forward P/E of 7.09.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.