JPMorgan Chase & Co. restated their hold rating on shares of American Capital Agency Corp. (NASDAQ:AGNC) in a report issued on Wednesday, Stock Ratings News reports. They currently have a $22.00 target price on the stock.
A number of other analysts have also recently weighed in on AGNC. Analysts at Jefferies Group raised their price target on shares of American Capital Agency Corp. to $23.00 in a research note to investors on Wednesday. They now have a hold rating on the stock. Separately, analysts at Zacks reiterated an underperform rating on shares of American Capital Agency Corp. in a research note to investors on Wednesday, October 9th. They now have a $20.50 price target on the stock. Finally, analysts at Sandler O’Neill downgraded shares of American Capital Agency Corp. from a hold rating to a sell rating in a research note to investors on Monday, September 16th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $25.59.
Shares of American Capital Agency Corp. (NASDAQ:AGNC) traded up 0.09% on Wednesday, hitting $23.49. The stock had a trading volume of 2,038,798 shares. American Capital Agency Corp. has a one year low of $20.20 and a one year high of $33.31. The stock has a 50-day moving average of $22. and a 200-day moving average of $25.44. The company has a market cap of $9.306 billion and a price-to-earnings ratio of 2.84.
American Capital Agency Corp. (NASDAQ:AGNC) last announced its earnings results on Tuesday, July 30th. The company reported $4.61 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.45 by $3.16. The company had revenue of $414.00 million for the quarter, compared to the consensus estimate of $22.10 million. During the same quarter last year, the company posted $1.58 earnings per share. American Capital Agency Corp.’s revenue was up 7.8% compared to the same quarter last year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, October 28th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 13.63%. The ex-dividend date is Thursday, September 26th.
American Capital Agency Corp. (NASDAQ:AGNC) is a real estate investment trust (REIT).
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