AGNC Investment (AGNCL) Projected to Announce Quarterly Earnings on Monday

AGNC Investment (NASDAQ:AGNCL) is expected to announce its resultson Monday, July 20th. Analysts expect AGNC Investment to announce earnings of $0.3822 per share and revenue of $1.0554 billion for the quarter.

AGNC Investment Price Performance

Shares of NASDAQ AGNCL opened at $24.95 on Monday. AGNC Investment has a 1 year low of $23.61 and a 1 year high of $25.44. The firm has a 50-day simple moving average of $24.99 and a two-hundred day simple moving average of $24.90.

AGNC Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a $0.4844 dividend. This represents a $1.94 annualized dividend and a dividend yield of 7.8%. The ex-dividend date is Wednesday, July 1st.

AGNC Investment Company Profile

AGNC Investment Corp. is a real estate investment trust that specializes in investing in U.S. agency residential mortgage–backed securities guaranteed by government-sponsored enterprises such as Ginnie Mae, Fannie Mae and Freddie Mac. The company seeks to generate income by capturing the spread between the yields on its mortgage assets and its cost of funds, utilizing leverage provided primarily through short-term repurchase agreements with major financial institutions.

The firm’s portfolio is comprised of fixed-rate and adjustable-rate mortgage pools, with holdings diversified across coupons, vintages and collateral characteristics to manage prepayment and extension risk.