
AGNC Investment (AGNC) Stock Forecast & Price Target
AGNC Investment (AGNC) Analyst Ratings
Bulls say
AGNC Investment Corp demonstrated robust financial performance, reporting a tangible book value per share (BVPS) of $8.28, reflecting a 6% quarter-on-quarter increase attributed to tightening mortgage spreads. The company experienced a significant fair value increase in its portfolio, which rose to approximately $90.8 billion, alongside lower benchmark rates and a favorable lending environment. Furthermore, the supportive expected returns for agency mortgage-backed securities (MBS) indicate strong dividend sustainability and suggest an attractive investment outlook, bolstered by a calculated economic return of 10.6% in the third quarter.
Bears say
AGNC Investment Corp experienced a decline in key financial metrics that contribute to a negative outlook, as evidenced by a decrease in portfolio CPR from 8.7% to 8.3% quarter-over-quarter and a reduction in net spread to 1.78% from 2.01%. The firm's operational challenges are further reflected in lower earnings per share, impacted by the expiration of low-cost swaps and a decrease in the hedge ratio from 86% to 77%, which exposes the company to increased volatility. Additionally, rising costs of capital and evolving market conditions may threaten dividend capacity and overall book value, compounding the risks associated with management execution and portfolio management effectiveness.
This aggregate rating is based on analysts' research of AGNC Investment and is not a guaranteed prediction by Public.com or investment advice.
AGNC Investment (AGNC) Analyst Forecast & Price Prediction
Start investing in AGNC Investment (AGNC)
Order type
Buy in
Order amount
Est. shares
0 shares