AGNC Investment Corp (NASDAQ: AGNC) on November 20, 2023, started off the session at the price of $8.72, soaring 0.80% from the previous trading day. During the day, the shares moved up to $8.82 and dropped to $8.65 before settling in for the closing price of $8.70. Within the past 52 weeks, AGNC’s price has moved between $6.81 and $12.25.
A company in the Real Estate sector has jumped its sales by 110.67% annually for the last half of the decade. The company achieved an average annual earnings per share of -16.66%. With a float of $665.32 million, this company’s outstanding shares have now reached $671.11 million.
In an organization with 51 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +100.00, operating margin of -17.10, and the pretax margin is -36.02.
AGNC Investment Corp (AGNC) Insider Updates
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of AGNC Investment Corp is 0.86%, while institutional ownership is 39.66%. The most recent insider transaction that took place on Nov 08, was worth 552,500. In this transaction EVP, Chief Investment Officer of this company sold 65,000 shares at a rate of $8.50, taking the stock ownership to the 661,843 shares. Before that another transaction happened on Nov 08, when Company’s EVP and Chief Financial Off sold 6,000 for $8.44, making the entire transaction worth $50,640. This insider now owns 260,139 shares in total.
AGNC Investment Corp (AGNC) Performance Highlights and Predictions
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.65 earnings per share (EPS) for the period topping the consensus outlook (set at $0.62) by $0.03. This company achieved a net margin of -36.02 while generating a return on equity of -13.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.66% per share during the next fiscal year.
AGNC Investment Corp (NASDAQ: AGNC) Trading Performance Indicators
AGNC Investment Corp (AGNC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.80. Likewise, its price to free cash flow for the trailing twelve months is 840.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.37, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of AGNC Investment Corp (AGNC)
Let’s dig in a bit further. During the last 5-days, its volume was 14.27 million. That was better than the volume of 12.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.64%. Additionally, its Average True Range was 0.27.
During the past 100 days, AGNC Investment Corp’s (AGNC) raw stochastic average was set at 51.20%, which indicates a significant decrease from 96.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.68% in the past 14 days, which was lower than the 33.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.78, while its 200-day Moving Average is $9.71. However, in the short run, AGNC Investment Corp’s stock first resistance to watch stands at $8.84. Second resistance stands at $8.92. The third major resistance level sits at $9.01. If the price goes on to break the first support level at $8.67, it is likely to go to the next support level at $8.58. Assuming the price breaks the second support level, the third support level stands at $8.50.
AGNC Investment Corp (NASDAQ: AGNC) Key Stats
Market capitalization of the company is 5.89 billion based on 671,106K outstanding shares. Right now, sales total 1,590 M and income totals -1,190 M. The company made 593,000 K in profit during its latest quarter, and -392,000 K in sales during its previous quarter.