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AGNC Investment: The Cycle Has Shifted
Seeking Alpha· 2024-01-26 08:52
coldsnowstorm I upgraded AGNC Investment (NASDAQ:AGNC) back in June, saying that with the Fed tightening cycle likely coming to an end now was the time to start accumulating shares. Including dividends, the stock has generated an over 5% return since then. Let's catch up on the name after its recent earnings report. Company Profile As a refresher, AGNC is mortgage REIT that primarily derives its income from the spread between the interest it earns on the mortgage-backed securities (MBS) it holds and its bor ...
Sweet Fantasy For High Dividend Yield Buyers
Seeking Alpha· 2024-01-26 00:15
Tungus-ka/iStock via Getty Images A reader recently asked me about my outlook on mortgage REITs. They wondered why I had such an uninspired outlook when nearly everyone agrees that interest rates are going to fall. I want to answer that for you, but it might as well be an article. Mortgage REITs are the poster child for high yield investing. Yields are regularly in the double digits. Often, they move into the upper teens (before cuts, hurray). The ideal environment for mortgage REITs depends on your perspec ...
This Ultra-High-Yield Dividend Stock Believes Its Headwinds Are Finally in the Rearview Mirror
The Motley Fool· 2024-01-24 11:48
Surging interest rates have made the last few years very challenging for the real estate sector. They've increased borrowing costs while causing a lot of volatility in asset values.AGNC Investments (AGNC 0.52%) hasn't been immune to these issues. While the mortgage real estate investment trust (REIT) invests in low-risk, mortgage-backed securities (MBS) guaranteed against credit-default risk by government agencies, it has battled volatility in interest rates and MBS spreads. That has weighed on its returns. ...
AGNC Investment (AGNC) Tops on Q4 Net Spread and Dollar Roll
Zacks Investment Research· 2024-01-23 20:06
AGNC Investment Corp.’s (AGNC) fourth-quarter 2023 net spread and dollar roll income per common share (excluding estimated "catch-up" premium amortization benefit) of 60 cents beat the Zacks Consensus Estimate of 49 cents. However, the bottom line declined from 65 cents in the prior-quarter.Adjusted net interest and dollar roll income (excluding estimated "catch-up" premium amortization benefits) of $497 million moved down from $499 million in the quarter-ago period.The company reported fourth-quarter compr ...
AGNC(AGNC) - 2023 Q4 - Earnings Call Transcript
2024-01-23 16:21
AGNC Investment Corp. (NASDAQ:AGNC) Q4 2023 Earnings Conference Call January 23, 2024 8:30 AM ET Company Participants Peter Federico - President, Chief Executive Officer Bernie Bell - Executive Vice President, Chief Financial Officer Chris Kuehl - Executive Vice President, Chief Investment Officer Aaron Pas - Senior Vice President, Non-Agency Portfolio Manager Katie Turlington - Investor Relations Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Bose George - KBW Trevor Cranston ...
AGNC(AGNC) - 2023 Q4 - Earnings Call Presentation
2024-01-23 11:17
3202 STOCKHOLDER Q4 PRESENTATION JANUARY 23, 2024 ...
AGNC Investment (AGNC) Q4 Earnings Beat Estimates
Zacks Investment Research· 2024-01-22 23:16
AGNC Investment (AGNC) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.45%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.57 per share when it actually produced earnings of $0.65, delivering a surprise of 14.04%.Over the last four q ...
Is AGNC Investments the Best Dividend Stock for You?
The Motley Fool· 2024-01-22 10:15
AGNC Investments (AGNC 0.31%) is an alluring dividend stock. The mortgage-focused real estate investment trust (REIT) offers an enticing 15% dividend yield. That's ten times the S&P 500's dividend yield. As tempting as that payout might seem, AGNC Investments might not be the right dividend stock for everyone. Here are some factors to consider when deciding whether it's right for you.How AGNC makes money to pay dividendsAGNC Investments is a mortgage REIT focused on investing in residential mortgage-backed ...
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Seeking Alpha· 2024-01-14 14:11
mdmilliman Foreword All but three equities and all of the funds listed in this January monthly pay batch live up to the ideal of paying annual dividends from a $1K investment exceeding their single share price. Here, in the MoPay collection, lie affordable (yet volatile and risky) bargains. The dogcatcher rule of thumb is: one metric ($1k invested dividend income > 1 share price) fits all! Now, over three and three-quarter years past the 2020 Ides of March market dip, and before other pull-backs yet to come ...
Why AGNC Investment (AGNC) Outpaced the Stock Market Today
Zacks Investment Research· 2024-01-12 23:48
AGNC Investment (AGNC) closed at $10.07 in the latest trading session, marking a +1% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.02%.Coming into today, shares of the real estate investment trust had gained 0.91% in the past month. In that same time, the Finance sector gained 0.69%, while the S&P 500 gained 3.52%.The investment community will be paying close attention to the earnings p ...