AGNC Investment Corp (NASDAQ:AGNC) price on Thursday, May 09, rose 0.79% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $9.60.
A look at the stock’s price movement, the level at last check in today’s session was $9.53. The PE ratio in trailing twelve months stood at 10.73. Turning to its 52-week performance, $10.64 and $6.81 were the 52-week high and 52-week low respectively. Overall, AGNC moved 3.06% over the past month.
AGNC Investment Corp’s market cap currently stands at around $6.68 billion. The company has a Forward Dividend ratio of 1.44, with its dividend yield at 14.99%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 447.53M for the company’s revenue for the quarter, with a low and high estimate of 404M and 487.58M respectively. The average forecast suggests up to a 18.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.45B, representing a -689.50% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AGNC is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
AGNC’s current price about 3.57% and 0.92% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.80, while 7-day volatility ratio is 1.54% and 1.89% in the 30-day chart. Further, AGNC Investment Corp (AGNC) has a beta value of 1.46, and an average true range (ATR) of 0.16.
If we refocus on AGNC Investment Corp (NASDAQ:AGNC), historical trading data shows that trading volumes averaged 10.98 million over the past 3 months. The company’s latest data on shares outstanding shows there are 694.30 million shares.
The 0.91% of AGNC Investment Corp’s shares are in the hands of company insiders while institutional holders own 41.92% of the company’s shares. Current price change has pushed the stock -2.09% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AGNC stock continues to rise going into the next quarter.
