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AGNC Investment Corp (AGNC) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

AGNC Investment Corp (AGNC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. AGNC Investment Corp is an internally-managed real estate investment trust. It invests in agency mortgage-backed securities on a leveraged basis, financed through collateralized borrowings structured as repurchase agreements. AGNC Investment Corp has a market cap of $9.5 billion; its shares were traded at around $17.71 with a P/E ratio of 29.54 and P/S ratio of 5.07. The dividend yield of AGNC Investment Corp stocks is 12.20%.


For the last quarter AGNC Investment Corp reported a revenue of $-785.00 million, compared with the revenue of $405.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $229.0 million, a decrease of 72.8% from the previous year. For the last five years AGNC Investment Corp had an average revenue decline of 0% a year.

The reported diluted earnings per share was 21 cents for the year, a decline of 89.7% from the previous year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, AGNC Investment Corp has the cash and cash equivalents of $921.0 million, compared with $1 billion in the previous year. The long term debt was $275.0 million, compared with $357.0 million in the previous year. AGNC Investment Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $17.71, AGNC Investment Corp is traded at close to its historical median P/S valuation band of $18.05. The P/S ratio of the stock is 5.07, while the historical median P/S ratio is 5.17. The stock gained 6.35% during the past 12 months.

For the complete 20-year historical financial data of AGNC, click here.

This article first appeared on GuruFocus.