Wall Street brokerages predict that American Capital Agency Corp. (NASDAQ:AGNC) will announce earnings of $0.64 per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for American Capital Agency Corp.’s earnings, with estimates ranging from $0.62 to $0.66. American Capital Agency Corp. also posted earnings of $0.64 per share in the same quarter last year. The business is scheduled to issue its next quarterly earnings report on Monday, October 23rd.

On average, analysts expect that American Capital Agency Corp. will report full-year earnings of $2.50 per share for the current financial year, with EPS estimates ranging from $2.36 to $2.62. For the next financial year, analysts anticipate that the business will post earnings of $2.39 per share, with EPS estimates ranging from $2.10 to $2.68. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover American Capital Agency Corp..

American Capital Agency Corp. (NASDAQ:AGNC) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.07. American Capital Agency Corp. had a net margin of 161.49% and a return on equity of 12.08%. The company had revenue of $181 million for the quarter, compared to the consensus estimate of $203.44 million. During the same quarter in the prior year, the company earned $0.73 EPS. American Capital Agency Corp.’s quarterly revenue was down 16.6% on a year-over-year basis.

A number of brokerages have weighed in on AGNC. BidaskClub upgraded American Capital Agency Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.00 price objective on shares of American Capital Agency Corp. in a research note on Tuesday, July 4th. Maxim Group reiterated a “buy” rating and issued a $21.25 price objective on shares of American Capital Agency Corp. in a research note on Thursday, July 27th. Zacks Investment Research cut American Capital Agency Corp. from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Finally, Credit Suisse Group reiterated a “hold” rating and issued a $20.00 price objective on shares of American Capital Agency Corp. in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $20.14.

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In other news, Director Morris A. Davis sold 3,741 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $20.80, for a total value of $77,812.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.47% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its position in American Capital Agency Corp. by 5,634.5% in the first quarter. BlackRock Inc. now owns 30,839,279 shares of the real estate investment trust’s stock worth $613,395,000 after buying an additional 30,301,498 shares during the last quarter. Wells Fargo & Company MN raised its position in American Capital Agency Corp. by 123.6% in the first quarter. Wells Fargo & Company MN now owns 5,623,644 shares of the real estate investment trust’s stock worth $111,854,000 after buying an additional 3,108,387 shares during the last quarter. TD Asset Management Inc. bought a new position in American Capital Agency Corp. during the first quarter worth about $42,577,000. Acadian Asset Management LLC raised its position in American Capital Agency Corp. by 35.0% in the second quarter. Acadian Asset Management LLC now owns 5,610,700 shares of the real estate investment trust’s stock worth $119,451,000 after buying an additional 1,453,704 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in American Capital Agency Corp. by 4.6% in the first quarter. Vanguard Group Inc. now owns 26,795,085 shares of the real estate investment trust’s stock worth $532,955,000 after buying an additional 1,177,783 shares during the last quarter. 55.86% of the stock is currently owned by institutional investors and hedge funds.

American Capital Agency Corp. (NASDAQ:AGNC) opened at 21.34 on Friday. American Capital Agency Corp. has a one year low of $17.30 and a one year high of $22.34.

The business also recently announced a jul 17 dividend, which was paid on Monday, August 7th. Stockholders of record on Monday, July 31st were issued a $0.18 dividend. The ex-dividend date was Thursday, July 27th. American Capital Agency Corp.’s payout ratio is currently 44.63%.

About American Capital Agency Corp.

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

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