AGNC Investment Corp. (NASDAQ:AGNC) declared a nov 18 dividend on Friday, November 9th, RTT News reports. Stockholders of record on Friday, November 30th will be given a dividend of 0.18 per share by the real estate investment trust on Monday, December 10th. The ex-dividend date of this dividend is Thursday, November 29th.

AGNC Investment has decreased its dividend by an average of 10.8% annually over the last three years. AGNC Investment has a payout ratio of 88.5% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect AGNC Investment to earn $2.43 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 88.9%.

AGNC Investment stock opened at $18.08 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.29 and a current ratio of 0.28. AGNC Investment has a 12 month low of $17.51 and a 12 month high of $20.84. The firm has a market cap of $8.57 billion, a PE ratio of 7.35, a P/E/G ratio of 2.45 and a beta of 0.10.

AGNC Investment (NASDAQ:AGNC) last posted its quarterly earnings results on Wednesday, October 24th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of $0.59 by $0.02. AGNC Investment had a net margin of 125.99% and a return on equity of 12.05%. The business had revenue of $188.00 million for the quarter, compared to analysts’ expectations of $324.65 million. During the same period in the previous year, the company posted $0.62 EPS. As a group, equities analysts expect that AGNC Investment will post 2.44 earnings per share for the current fiscal year.

In other AGNC Investment news, Director Larry K. Harvey acquired 4,000 shares of AGNC Investment stock in a transaction that occurred on Tuesday, October 30th. The stock was acquired at an average price of $17.74 per share, with a total value of $70,960.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Morris A. Davis sold 6,797 shares of AGNC Investment stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $19.12, for a total transaction of $129,958.64. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by insiders.

Several equities analysts have recently commented on the stock. BidaskClub cut shares of AGNC Investment from a “hold” rating to a “sell” rating in a report on Tuesday. Barclays reduced their price objective on shares of AGNC Investment from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Friday, October 26th. JPMorgan Chase & Co. lifted their price objective on shares of AGNC Investment from $18.00 to $18.50 and gave the company a “$19.11” rating in a research note on Monday, July 23rd. Maxim Group lifted their price objective on shares of AGNC Investment from $19.25 to $19.75 and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Zacks Investment Research raised shares of AGNC Investment from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Monday, September 24th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. AGNC Investment has a consensus rating of “Hold” and a consensus price target of $19.29.

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AGNC Investment Company Profile

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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Dividend History for AGNC Investment (NASDAQ:AGNC)

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