
AGNC Investment (AGNC) Stock Forecast & Price Target
AGNC Investment (AGNC) Analyst Ratings
Bulls say
AGNC Investment Corp experienced a positive shift in its asset yields, which increased quarter-over-quarter to 4.80%, while the portfolio CPR also rose to 9.6%, indicating greater asset performance. The company successfully increased its hedge ratio to 91%, revealing a proactive risk management strategy and a slight expansion of its investment portfolio to $73.3 billion, supported by the issuance of shares at an accretive value. Furthermore, AGNC's management forecasts strengthening conditions for mortgage-backed securities through FY25, bolstering expectations for attractive risk-adjusted returns and supportive dividend levels.
Bears say
AGNC Investment Corp reported a tangible book value per share (BVPS) of $8.41 in 4Q, which was lower than the forecasted $8.84, reflecting a decline of 4.7% quarter-over-quarter, aligned with anticipated mortgage-backed securities (MBS) spread widening. Additionally, the company has significantly reduced its long-term constant prepayment rate (CPR) forecast to 7.7% from 13.2%, indicating diminishing expectations for asset yield and core earnings. Furthermore, core earnings per share (EPS) of $0.37 fell short of both the estimate of $0.40 and the consensus expectation of $0.42, leading to a reduction in future EPS estimates for FY '25 and '26.
This aggregate rating is based on analysts' research of AGNC Investment and is not a guaranteed prediction by Public.com or investment advice.
AGNC Investment (AGNC) Analyst Forecast & Price Prediction
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