AGNC Investment (AGNCM) Expected to Announce Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCM) is anticipated to announce its resultson Monday, April 20th. Analysts expect the company to announce earnings of $0.3664 per share and revenue of $988.60 million for the quarter.

AGNC Investment Stock Performance

NASDAQ AGNCM opened at $24.17 on Monday. AGNC Investment has a one year low of $23.01 and a one year high of $25.36. The business’s fifty day moving average is $24.73 and its 200-day moving average is $24.73.

AGNC Investment Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.5166 per share. This represents a $2.07 dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Wednesday, April 1st.

About AGNC Investment

AGNC Investment Corp is a real estate investment trust that primarily invests in residential mortgage-backed securities guaranteed by U.S. government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae. The company seeks to generate attractive risk-adjusted returns for its shareholders by acquiring agency mortgage assets and funding them with a combination of short-term repurchase agreements and longer-term debt instruments.

To manage interest rate and prepayment risk, AGNC Investment employs a range of hedging strategies, including interest rate swaps, swaptions and treasury locks.