Stock Pulse
AGNC Investment Corp. (AGNC), a mortgage REIT, offers a high dividend yield of around 13% [1], [6], [7], [9], [10], but has a history of dividend cuts and its stock price is currently trading above its tangible net book value, suggesting potential overvaluation [1], [4], [5], [7], [9]. While AGNC reported improved Q3 2024 financials and strong 2024 performance overall [12], [13], its business model is sensitive to interest rate fluctuations [5], [8], and projected EPS for upcoming earnings is lower year-over-year despite higher revenue projections [3]. AGNC is seeking to increase authorized shares to facilitate future capital raising and acquisitions [11], [12]. While the Zacks Rank is a Hold [2], [3], several analysts rate it as a Strong Buy or Buy [2].