AGNC Investment (AGNC) ended the recent trading session at $10.15, demonstrating a -1.65% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.96%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 1.18%.
The the stock of real estate investment trust has risen by 1.08% in the past month, lagging the Finance sector's gain of 1.74% and the S&P 500's gain of 4.3%.
The upcoming earnings release of AGNC Investment will be of great interest to investors. The company is expected to report EPS of $0.50, down 23.08% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $419 million, indicating an 890.57% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.11 per share and a revenue of $798 million, indicating changes of -19.16% and +424.39%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AGNC Investment. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, AGNC Investment possesses a Zacks Rank of #3 (Hold).
Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 4.89. This denotes a discount relative to the industry's average Forward P/E of 8.66.
The REIT and Equity Trust industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 165, positioning it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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