AGNC Investment (AGNC) Dips More Than Broader Market: What You Should Know

AGNC Investment (AGNC) closed at $9.84 in the latest trading session, marking a -2.96% move from the prior day. This move lagged the S&P 500's daily loss of 1.74%. Meanwhile, the Dow lost 1.01%, and the Nasdaq, a tech-heavy index, lost 2.38%.

The stock of real estate investment trust has fallen by 10.19% in the past month, lagging the Finance sector's loss of 6.39% and the S&P 500's loss of 4.99%.

The upcoming earnings release of AGNC Investment will be of great interest to investors. The company is expected to report EPS of $0.36, down 18.18% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $310.89 million, up 95.53% from the prior-year quarter.

AGNC's full-year Zacks Consensus Estimates are calling for earnings of $1.5 per share and revenue of $1.43 billion. These results would represent year-over-year changes of 0% and +112.45%, respectively.

Any recent changes to analyst estimates for AGNC Investment should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. AGNC Investment is currently sporting a Zacks Rank of #4 (Sell).

From a valuation perspective, AGNC Investment is currently exchanging hands at a Forward P/E ratio of 6.75. This indicates a discount in contrast to its industry's Forward P/E of 7.53.

The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 205, putting it in the bottom 17% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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