AGNC Investment Dep Shares 1/1000 Cumulative Series E
AGNCO

25.46 USD

+0.09

0.35%

At close Nov 8, 4:00 PM EST

1 day

0.35%

5 days

0.59%

1 month

1.43%

3 months

2.50%

6 months

2.95%

Year to date

9.84%

1 year

13.11%

5 years

-0.66%

About: 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.

Employees: 53

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,759 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4% more capital invested

Capital invested by funds: $792K [Q1] → $827K (+$34.9K) [Q2]

0% more funds holding

Funds holding: 1 [Q1] → 1 (+0) [Q2]

0% more ownership

Funds ownership: 0.2% [Q1] → 0.2% (+0%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for AGNCO.

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Financial journalist opinion

Based on 5 articles about AGNCO published over the past 30 days

A Decisive Realignment

U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over deficits and immigration policy. Characteristic of the "Trump trade" dynamic, smaller-cap companies led the surge, outperforming mega-cap technology and international-heavy peers. The S&P Small-Cap 600 soared 9%, outpacing 5% gains from the S&P 500.

A Decisive Realignment

Pivotal Decisions

Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added just 12k jobs in October - the weakest month since 2020 - with notably weaker trends under the surface. Private employment declined by 28k during the month, fueled by the largest plunge in manufacturing employment since the pandemic shutdown, alongside job declines in retail, transportation, and hospitality.

Pivotal Decisions

Brace For Volatility

U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards.

Brace For Volatility

Encouraging Signs For Mortgage REITs

Mortgage REITs (mREITs) are becoming more attractive due to reduced RMBS spreads, alleviated negative convexity, lower cost of capital, and a positive carry from an uninverted yield curve. The macro environment shift suggests strong 3Q24 earnings for mREITs, making common shares potentially opportunistic and bolstering preferred dividend payments. Despite historical weaknesses, mREITs like AGNC could be worth considering at moderate discounts, with potential trading opportunities around earnings releases.

Encouraging Signs For Mortgage REITs

AGNC Investment Corp. (AGNC) Q3 2024 Earnings Call Transcript

AGNC Investment Corp. (NASDAQ:AGNC ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Katie Turlington - IR Peter Federico - Director, President and CEO Bernie Bell - EVP and CFO Chris Kuehl - EVP and CIO Aaron Pas - SVP, Non-Agency Portfolio Management Conference Call Participants Bose George - KBW Crispin Love - Piper Sandler Rick Shane - JPMorgan Doug Harter - UBS Trevor Cranston - JMP Securities Eric Hagen - BTIG Jason Stewart - Janney Montgomery Harsh Hemnani - Green Street Operator Good morning, everyone, and welcome to the AGNC Investment Corp Third Quarter 2024 Shareholder Call. All participants will be in a listen-only mode.

AGNC Investment Corp. (AGNC) Q3 2024 Earnings Call Transcript

An October Surprise

U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.

An October Surprise

A Summer To Remember

U.S. equity markets climbed to record-highs while benchmark interest rates rebounded from eight-month lows on a relatively quiet end-of-summer week as investors parsed a 'Goldilocks' slate of economic data. PCE data showed modest inflationary pressures in July - keeping the Fed on course for multiple rate cuts by year-end - while consumer spending and consumer confidence data topped estimates. Posting gains for a fourth week following a three-week skid in late July, the S&P 500 gained another 0.3% this week. The Dow Jones finished the week at all-time record-highs.

A Summer To Remember

Chasing Goldilocks

U.S. equity markets rallied while benchmark interest rates remained near the lows of the year after a critical slate of inflation data showed further encouraging signs of cooling price pressures. The Consumer Price Index posted a downside surprise for a fourth straight month, underscored by a "2-Handle" on Headline CPI, which follows a period of historically high inflation from 2021 to 2023. Sparking a renewed "Goldilocks" narrative, Retail Sales data was notably stronger than expected in July - posting its strongest monthly increase in 18 months - while Jobless Claims also moderated.

Chasing Goldilocks

The Return Of Volatility

In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."

The Return Of Volatility

AGNC Investment Corp. (AGNC) Q2 2024 Earnings Call Transcript

AGNC Investment Corp. (NASDAQ:AGNC ) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Katie Turlington - IR Peter Federico - Director, President & CEO Bernie Bell - EVP & CFO Chris Kuehl - EVP & Chief Investment Officer Aaron Pas - SVP, Non-Agency Portfolio Management Conference Call Participants Crispin Love - Piper Sandler Douglas Harter - UBS Bose George - KBW Terry Ma - Barclays Rick Shane - JPMorgan Eric Hagen - BTIG Jason Stewart - Janney Operator Good morning, and welcome to the AGNC Investment Corp Second Quarter 2024 Shareholder Call. All participants will be in listen-only mode.

AGNC Investment Corp. (AGNC) Q2 2024 Earnings Call Transcript

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