American Capital Agency Corp. (AGNC) to Issue Aug 17 Dividend of $0.18
American Capital Agency Corp. (NASDAQ:AGNC) declared a aug 17 dividend on Monday, August 14th, RTT News reports. Shareholders of record on Thursday, August 31st will be given a dividend of 0.18 per share by the real estate investment trust on Friday, September 8th. The ex-dividend date of this dividend is Tuesday, August 29th.
American Capital Agency Corp. (NASDAQ:AGNC) traded up 0.33% on Monday, reaching $21.41. The company’s stock had a trading volume of 3,874,165 shares. American Capital Agency Corp. has a 1-year low of $17.30 and a 1-year high of $22.34.
American Capital Agency Corp. (NASDAQ:AGNC) last posted its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.07. American Capital Agency Corp. had a net margin of 161.49% and a return on equity of 12.08%. The firm had revenue of $181 million for the quarter, compared to analyst estimates of $203.44 million. During the same period in the previous year, the firm posted $0.73 EPS. The company’s revenue for the quarter was down 16.6% compared to the same quarter last year. On average, equities analysts anticipate that American Capital Agency Corp. will post $2.51 EPS for the current fiscal year.
AGNC has been the topic of a number of research reports. Keefe, Bruyette & Woods reissued a “hold” rating and set a $19.50 target price on shares of American Capital Agency Corp. in a report on Tuesday, May 30th. BidaskClub raised shares of American Capital Agency Corp. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 14th. Deutsche Bank AG boosted their target price on shares of American Capital Agency Corp. from $18.50 to $19.00 and gave the stock a “buy” rating in a report on Friday, April 28th. Zacks Investment Research raised shares of American Capital Agency Corp. from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Monday, July 31st. Finally, Maxim Group reissued a “buy” rating and set a $21.25 target price on shares of American Capital Agency Corp. in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. American Capital Agency Corp. has a consensus rating of “Hold” and an average target price of $20.14.
In related news, Director Morris A. Davis sold 3,741 shares of the business’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $20.80, for a total transaction of $77,812.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.47% of the stock is currently owned by insiders.
About American Capital Agency Corp.
AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).
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