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AGNC Investment (AGNC) Stock Moves -0.7%: What You Should Know

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In the latest trading session, AGNC Investment (AGNC) closed at $11.34, marking a -0.7% move from the previous day. This change was narrower than the S&P 500's daily loss of 1.15%. At the same time, the Dow lost 0.52%, and the tech-heavy Nasdaq lost 0.34%.

Heading into today, shares of the real estate investment trust had lost 4.44% over the past month, outpacing the Finance sector's loss of 7.08% and the S&P 500's loss of 5.08% in that time.

AGNC Investment will be looking to display strength as it nears its next earnings release, which is expected to be July 25, 2022. The company is expected to report EPS of $0.60, down 21.05% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $198 million, down 55.61% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $1 billion. These totals would mark changes of -22.52% and -43.9%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for AGNC Investment. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. AGNC Investment is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note AGNC Investment's current valuation metrics, including its Forward P/E ratio of 4.89. Its industry sports an average Forward P/E of 8.23, so we one might conclude that AGNC Investment is trading at a discount comparatively.

The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 158, which puts it in the bottom 38% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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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