American Capital Agency Corp. Target of Unusually Large Options Trading (AGNC)
Shares of American Capital Agency Corp. (NASDAQ:AGNC) were the recipient of some unusual options trading activity on Wednesday. Traders bought 3,965 put options on the stock, AmericanBankingNews.com reports. This represents an increase of approximately 265% compared to the average daily volume of 1,085 put options.
Several analysts have recently commented on the stock. Analysts at Nomura raised their price target on shares of American Capital Agency Corp. from $23.00 to $24.00 in a research note on Monday, May 12th. Separately, analysts at BMO Capital Markets raised their price target on shares of American Capital Agency Corp. from $17.00 to $18.00 in a research note on Friday, May 9th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of American Capital Agency Corp. from $24.00 to $24.50 in a research note on Wednesday, April 30th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $22.55.
Shares of American Capital Agency Corp. (NASDAQ:AGNC) traded down 0.38% during mid-day trading on Wednesday, hitting $23.36. The stock had a trading volume of 3,784,073 shares. American Capital Agency Corp. has a 1-year low of $18.84 and a 1-year high of $26.43. The stock has a 50-day moving average of $22.95 and a 200-day moving average of $21.55. The company has a market cap of $8.241 billion and a P/E ratio of 10.17.
American Capital Agency Corp. (NASDAQ:AGNC) last announced its earnings results on Monday, April 28th. The company reported $1.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.69 by $0.49. The company had revenue of $291.00 million for the quarter, compared to the consensus estimate of $322.14 million. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was down 28.5% on a year-over-year basis.
American Capital Agency Corp. (NASDAQ:AGNC) is a real estate investment trust (REIT).
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