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

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AGNC Investment (AGNC) closed at $12.84 in the latest trading session, marking a -1.91% move from the prior day. This change lagged the S&P 500's daily loss of 1.26%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq lost 0.44%.

Heading into today, shares of the real estate investment trust had gained 0.77% over the past month, lagging the Finance sector's gain of 3.84% and the S&P 500's gain of 6.07% in that time.

AGNC Investment will be looking to display strength as it nears its next earnings release. In that report, analysts expect AGNC Investment to post earnings of $0.61 per share. This would mark a year-over-year decline of 19.74%.

It is also important to note the recent changes to analyst estimates for AGNC Investment. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.41% lower. AGNC Investment is currently sporting a Zacks Rank of #4 (Sell).

Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 6.03. For comparison, its industry has an average Forward P/E of 8.74, which means AGNC Investment is trading at a discount to the group.

The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 227, putting it in the bottom 11% 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.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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