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Stock News Buzz: AGNC Investment Corp. (NASDAQ:AGNC)

AGNC Investment Corp. (NASDAQ:AGNC) spotted trading -16.49% off 52-week high price. On the other end, the stock has been noted 9.24% away from the low price over the last 52-weeks. The stock changed 1.34% to recent value of $15.85. The stock transacted 5680541 shares during most recent day however it has an average volume of 5649.35K shares. The company has 548.91M of outstanding shares and 545.82M shares were floated in the market.  

AGNC Investment Corp. (NASDAQ:AGNC) announced that its Board of Directors has declared a cash dividend of $0.16 per share of common stock for September 2019. The dividend is payable on October 9, 2019 to common stockholders of record as of September 30, 2019, with an ex-dividend date of September 27, 2019.

The Company also announced today its estimated tangible net book value of $16.25 per common share as of August 31, 2019. The estimate of tangible net book value includes deductions for the Company’s August 2019 dividend of $0.16 per common share, which was declared on August 13, 2019 with an August 30, 2019 record date.

The estimated tangible net book value is unaudited and has not been verified or reviewed by any third party. The Company’s current estimate may also be materially different from its estimate as of August 31, 2019. The Company undertakes no obligation to update or revise its estimate of tangible net book value.

 Its earnings per share (EPS) expected to touch remained -89.70% for this year while earning per share for the next 5-years is expected to reach at -4.03%. AGNC has a gross margin of -56.40% while its profit margin remained -68.60% for the last 12 months. 

 The price moved ahead of 2.25% from the mean of 20 days, -3.88% from mean of 50 days SMA and performed -8.58% from mean of 200 days price. Company’s performance for the week was 5.25%, -1.98% for month and YTD performance remained -9.64%.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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