AGNC Investment (AGNCP) Projected to Post Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCP) will likely be issuing its resultson Monday, April 20th. Analysts expect the company to announce earnings of $0.3664 per share and revenue of $988.60 million for the quarter.

AGNC Investment Stock Performance

Shares of NASDAQ AGNCP opened at $24.51 on Friday. AGNC Investment has a 1 year low of $23.62 and a 1 year high of $25.57. The firm’s 50 day moving average price is $24.70 and its 200 day moving average price is $24.85.

AGNC Investment Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were given a dividend of $0.5394 per share. The ex-dividend date was Wednesday, April 1st. This represents a $2.16 dividend on an annualized basis and a yield of 8.8%.

AGNC Investment Company Profile

AGNC Investment Corp is a real estate investment trust that specializes in residential mortgage-backed securities. The company’s core business activity involves investing primarily in agency mortgage-backed securities issued and guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac and Ginnie Mae. AGNC uses secured financing, including repurchase agreements, to leverage its portfolio and seek to generate attractive risk-adjusted returns.

Founded in April 2008 and headquartered in Bethesda, Maryland, AGNC Investment Corp operates predominantly within the United States residential mortgage market.