AGNC Investment Corp. (NASDAQ:AGNC) registered a 1.45% increase, still its new closing price is 27.03% up from the company’s 1 year high of 19.67.It posted -0.21% losses in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 12 stock analysts following this company have an average price target at $19.20, with individual PT in the $16.00-$21.50 range. The shares moved at $18.83, implying that brokerage firms see shares gaining about 20.06% in twelve months time.
AGNC Investment Corp. (AGNC) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 4.85% rise year to date. A SVP and General Counsel at AGNC Investment Corp. (AGNC) acquired shares in a transaction closed on Friday December 09, 2016. Pollack Kenneth L. bought 1,000 shares in the company at $18.58 each and collected $18,001 in proceeds. Pollack Kenneth L. now owns 1,000 shares in the company after this transaction. A Senior VP in the company, Kuehl Christopher, disclosed a transaction on Friday August 26, 2016 that ended up generating $32,000 from the sale of 1,643 shares at $19.77 per share.
AGNC Investment Corp. (NASDAQ:AGNC) Upcoming Results on Tap
AGNC Investment Corp. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.57 in that period. Sales during the quarter are predicted to arrive at $219.18 million.
Earnings surprise history: Last quarter, the company posted approximately $295 million in revenue and EPS of $0.64. The mean forecast was for $214.23 million and $0.59 a share, respectively. One quarter earlier, revenue for the stock was at $219 million, with earnings at $0.64/share.
AGNC Investment Corp. (AGNC) Brokerage Update
AGNC Investment Corp. (AGNC) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Neutral by BofA/Merrill, according to news reported on Thursday December 15, 2016.Another important research note was issued by Credit Suisse on Friday December 02, 2016.The firm downgraded AGNC to Neutral from Outperform. Over the last six months and over the last three months, the shares of AGNC Investment Corp. (AGNC), have changed 1.17% and -1.80%, respectively.