Stock Rating Downgrade
The Value Trend Rating for AGNC Investment Corp (NASDAQ: AGNC) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
AGNC Investment Corp (NASDAQ: AGNC) stock closed at $9.73 on 12/15/23 after a modest decline of -1.5%. Moreover, trading volume in this decline was above average at 145% of normal. The stock has performed in line with the market over the last nine months and has risen 8.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AGNC is expected to continue to be a major Value Builder.
AGNC Investment has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AGNC Investment has a very high Appreciation Score of 87 but a slightly negative Power Rating of 40, producing the High Neutral Value Trend Rating.
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