AGNC Investment Corp. (AGNC) AI Stock Analysis

AGNC Investment Corp., based in Bethesda, Maryland, operates as a real estate investment trust specializing in the United States residential mortgage market. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations, which are backed by government-sponsored enterprises or United States government agencies. AGNC finances its portfolio primarily using collateralized borrowings structured as repurchase agreements. Operating under the Internal Revenue Code of 1986, AGNC distributes at least 90% of its taxable income to shareholders to maintain its tax-exempt status at the federal corporate level.

Annual revenue has experienced wide swings, declining 60.8% in FY2025 to $1.91B after jumping 384.7% to $4.88B in FY2024. FY2025 net income stood at $1.67B with an 87.3% net margin, compared to FY2024 net income of $863.0M and a FY2022 net loss of $1.19B. Operating cash flow totaled $653.0M in FY2025, rebounding from negative $118.0M in FY2023. For the trailing twelve months ended June 30, 2026, revenue reached $2.40B and EPS reached $1.96. In the latest quarter ended June 30, 2026, quarterly revenue grew 546.1% year-over-year while quarterly earnings expanded 772.4%.

As of June 30, 2026, AGNC held $457.0M in cash and short-term investments against total debt of $89.81B, resulting in net debt of $89.35B. Total assets stood at $121.76B against shareholders' equity of $12.54B, yielding a debt-to-equity ratio of 7.16 and a current ratio of 0.02. In FY2025, AGNC generated $653.0M in free cash flow and paid $1.60B in dividends. Additionally, its share count expanded 120.2% over a five-year span.

Trading at $8.72 as of October 16, 2026, AGNC carries a trailing P/E of 4.4x and a forward P/E of 6.6x, compared to medians of 21.6x and 23.5x for its US-listed Real Estate peers. Its price-to-sales multiple is 4.3x versus the peer median of 3.7x, while its price-to-book ratio is 1.1x. Over the past year, AGNC delivered a 0.7% return, underperforming the 16.8% return for SPY. Over five years, AGNC gained 8.2% compared to an 83.0% return for SPY.

AGNC pays a monthly dividend with a forward annual payout of $1.44 per share, translating to a dividend yield of 16.51%. The dividend has been paid for 19 consecutive years, though it has annualized dividend growth of -1.6% over the last five years. The payout ratio stands at 34.0%, and its last ex-dividend date was October 30, 2026.

Wall Street coverage includes 1 Strong Buy, 2 Buys, and 11 Holds, with no Sell or Strong Sell ratings. The mean price target of $10.06 represents upside of 15.3% over the $8.72 close. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $1.56 on revenue of $1.59B. AGNC has beaten EPS expectations in 2 of the past 4 quarters, with the next earnings release scheduled for October 19, 2026.

This page is an AI-written research summary of AGNC Investment Corp. (AGNC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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