AGNC Stock Summary and Trading Ideas (Agnc Investment Corp. | NASDAQ:AGNC)

AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.

Agnc Investment Corp. trades on the NASDAQ stock market under the symbol AGNC.

As of September 6, 2024, AGNC stock price declined to $10.21 with 11,423,655 million shares trading.

AGNC has a beta of 1.58, meaning it tends to be more sensitive to market movements. AGNC has a correlation of 0.41 to the broad based SPY ETF.

AGNC has a market cap of $7.99 billion. This is considered a Mid Cap stock.

Last quarter Agnc Investment Corp. reported $-3 million in Revenue and $.53 earnings per share. This beat revenue expectation by $34 million and missed earnings estimates by -$.01.

In the last 3 years, AGNC stock traded as high as $16.75 and as low as $6.81.

The top ETF exchange traded funds that AGNC belongs to (by Net Assets): VTI, VB, VBR, VXF, REM.

AGNC stock has underperformed the market in the last year with a return of +20.4%, while SPY returned +22.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AGNC shares. However, AGNC has outperformed the market in the last 3 month and 2 week periods, returning +8.6% and +1.4%, while SPY returned +1.4% and -3.9%, respectively. This indicates AGNC has been having a stronger performance recently.

AGNC support price is $10.17 and resistance is $10.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGNC stock will trade within this expected range on the day.