RBC Capital analyst Kenneth Lee maintained a Buy rating on AGNC Investment (AGNC – Research Report) yesterday and set a price target of $10.00. The company’s shares closed yesterday at $9.37.
According to TipRanks, Lee is a top 100 analyst with an average return of 17.0% and a 67.70% success rate. Lee covers the Financial sector, focusing on stocks such as Artisan Partners, Voya Financial, and Ameriprise Financial.
In addition to RBC Capital, AGNC Investment also received a Buy from KBW’s Bose George in a report issued today. However, on the same day, Barclays maintained a Hold rating on AGNC Investment (NASDAQ: AGNC).
The company has a one-year high of $9.91 and a one-year low of $6.39. Currently, AGNC Investment has an average volume of 11.22M.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AGNC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AGNC Investment (AGNC) Company Description:
AGNC Investment Corp. operates as a real estate investment trust. It primarily invests in agency residential mortgage-backed securities on a leveraged basis. The firm’s investments consist of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a United States Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, and 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 where repayment of principal and interest is not guaranteed by a GSE or U.S. Government agency. The company was founded on January 7, 2008 and is headquartered in Bethesda, MD.
Read More on AGNC:
- AGNC INVESTMENT CORP. ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS
- AGNC Investment reports Q1 EPS 59c, consensus 57c
- AGNC Investment Corp. options imply 3.8% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, April 22, 2024
- Seeking up to ~16% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
