
AGNC Investment (AGNC) Stock Forecast & Price Target
AGNC Investment (AGNC) Analyst Ratings
Bulls say
AGNC Investment Corp's asset yields have improved quarter-over-quarter to 4.80%, indicating enhanced income generation potential within its investment portfolio. The firm's portfolio has seen a marginal increase, amounting to $73.3 billion, bolstered by the issuance of new shares which added approximately $0.06 per share to book value. Additionally, the company has positioned itself favorably by moving up in coupon rates and maintaining a strong hedge ratio of 91%, suggesting a proactive approach to risk management and an optimistic outlook on mortgage-backed securities in the continuing fiscal year.
Bears say
AGNC Investment Corp's financial outlook appears negative, primarily due to declining tangible book value per share (BVPS), which fell to $8.41, 4.7% lower than the previous quarter and beneath estimates. The company's long-term conditional prepayment rate (CPR) forecast was significantly reduced from 13.2% to 7.7%, indicating weaker expected asset yield for core earnings. Additionally, the total economic return was also negative at (0.6%), accompanied by a core EPS of $0.37 that fell short of expectations, leading to a downward revision of future core EPS estimates.
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
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