Shares of American Capital Agency Corp. traded up 0.06% during mid-day trading on Thursday, hitting $31.67. American Capital Agency Corp. has a 52 week low of $22.03 and a 52 week high of $31.86. The company has a market cap of $5.827 billion and a P/E ratio of 4.73.
The company last announced its quarterly results on Wednesday, May 2nd. It reported $1.42 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.17 EPS by $0.25. The company’s quarterly revenue was up 216.3% on a year-over-year basis. On average, analysts predict that American Capital Agency Corp. will post $0.00 earnings per share next quarter.
A number of other analysts have also recently weighed in on AGNC. Analysts at Bank of America (NYSE: BAC) upgraded shares of American Capital Agency Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, April 2nd. Separately, analysts at JMP Securities upgraded shares of American Capital Agency Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, March 12nd. They now have a $31.00 price target on the stock, up previously from $2.00. Finally, analysts at Citigroup (NYSE: C) raised their price target on shares of American Capital Agency Corp. from $26.00 to $29.00 in a research note to investors on Wednesday, February 8th. They now have a “neutral” rating on the stock.
American Capital Agency Corp. (AGNC) is a real estate investment trust (REIT), which invests in residential mortgage pass-through securities and collateralized mortgage obligations on a leveraged basis.