What Wall Street is saying about AGNC Investment Corp. (NASDAQ:AGNC)

What Wall Street is saying about AGNC Investment Corp. (NASDAQ:AGNC)

What Wall Street is saying about AGNC Investment Corp. (NASDAQ:AGNC)

AGNC Investment Corp. (NASDAQ:AGNC) stock is presently standing at about $19.24 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 11 analysts covering the company is $19.00, which suggests the stock could still rise over -1 percent. The highest analyst price target is $20.00, which implies a rally of 96 percent. And a quick view of analyst notes show that 2 are rating the stock a buy while 1 rate AGNC a strong buy. There are 8 equity research firms advocating a Hold and 0 consider it Sell.

BofA/Merrill analysts provided their view on AGNC Investment Corp. (NASDAQ:AGNC) recently. The rating firm issued a Underperform rating to this company in a research note released on Dec 15, 2016. Credit Suisse analysts disclosed their opinion on AGNC Investment Corp. (NASDAQ:AGNC) recently. The rating firm gave a Neutral rating to this stock in a research note published on Dec 02, 2016. According to a research note disclosed on Jul 19, 2016, analysts at Keefe Bruyette have lowered their rating on these shares from Outperform to Mkt Perform.

AGNC Investment Corp. (NASDAQ:AGNC) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its SVP and Chief Accounting Off. Bell Bernice sold 5,135 company shares for 100080, in a transaction on 2017-03-06. Following the transaction, the SVP and Chief Accounting Off. is left with a stake of 12,709 shares, currently valued at $244521. Meanwhile, SVP and Chief Accounting Off. Bell Bernice sold 5,270 shares worth $100600, through a transaction dated 2017-02-08. Following the completion of the transaction, the insider is left with a stake of 11,656 shares, amounting $224261.44. AGNC SVP and General Counsel Pollack Kenneth L. also purchased 1,000 shares, at a stock price of $18.58. This transaction occurred on 2016-12-09 totals $18580. After this transaction, the insider’s stake stands at 1,000 shares, with a market value of $19240.

Executives hold 0.55 percent of the stock. Mr. Gary Kain is one of the biggest insider owners in AGNC Investment Corp. (NASDAQ:AGNC), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 1,114,369 shares which have current market value of around $21440459.56.Federico Peter J is another major inside shareholder in the company. The insider owns 335,084 shares as of 0.1%, currently worth $6447016.16. Mr. Christopher J. Kuehl is ranked as third insider holder of the stock. This insider holds 332,288 shares with a market value around $6393221.12 as of recent close.

AGNC Investment Corp. (NASDAQ:AGNC) Earnings Outlook

In AGNC Investment Corp. (NASDAQ:AGNC)’s latest quarter, EPS moved to $0.64 from $0.64 in preceding quarter and revenues reached at $295.00M compared to $219.00M. Analysts had expected AGNC Investment Corp. (NASDAQ:AGNC) to post net income of about $0.59 per share on $214.23M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.38 to $0.63. That is compared with the $0.52 in EPS it reported during the same period a year ago.

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