Agnc Investment Intrinsic Stock Value – Mirae Asset Global Investments Co. Ltd. Reduces Stake in AGNC Investment Corp.
August 8, 2023
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AGNC ($NASDAQ:AGNC) Investment Corp.’s holdings have recently taken a hit due to Mirae Asset Global Investments Co. Ltd. selling a portion of its shares in the company. AGNC Investment Corp. is a real estate investment trust that invests in residential mortgage-backed securities and related investments. As a publicly traded company, AGNC is subject to the same laws as other publicly traded companies, including disclosure of its financial information and other public records. The company focuses on investing in agency-backed mortgage-related investments, such as residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise. AGNC also invests in credit risk transfer securities, a type of debt security backed by residential mortgage loans that have been transferred from the issuer to a third party.
These securities generally have a lower risk profile than conventional mortgage-backed securities, but can still provide attractive returns for investors. Although this decrease in holdings is unfortunate for AGNC, its portfolio of investments remains strong and the company continues to be a leader in the mortgage-backed securities market.
Price History
This decrease in ownership was likely a result of the higher stock prices that AGNC Investment Corp has experienced in recent days, prompting some investors to take profits. It remains to be seen how this news will affect the company’s stock over the coming days and weeks. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Agnc Investment. More…
| Total Revenues | Net Income | Net Margin |
| 108 | -86 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Agnc Investment. More…
| Operations | Investing | Financing |
| 285 | 268 | -1.17k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Agnc Investment. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 60.52k | 52.64k | 10.35 |
Key Ratios Snapshot
Some of the financial key ratios for Agnc Investment are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Agnc Investment Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of the financial health of AGNC Investment. Our proprietary Valuation Line has estimated the fair value of AGNC Investment’s shares to be around $11.5. We believe that investors should take advantage of this price discrepancy and acquire AGNC Investment shares at a discounted price. More…
Peers
The company is headquartered in Bethesda, Maryland, and is externally managed by American Capital Agency Management LLC, a wholly owned subsidiary of American Capital Ltd. AGNC Investment Corp’s primary competitors are Invesco Mortgage Capital Inc, Chimera Investment Corp, and Orchid Island Capital Inc. All three companies are REITs that invest in RMBS.
– Invesco Mortgage Capital Inc ($NYSE:IVR)
Invesco Mortgage Capital Inc. has a market cap of 354.68M as of 2022. The company is a real estate investment trust that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans.
– Chimera Investment Corp ($NYSE:CIM)
Chimera Investment Corporation is a real estate investment trust that invests primarily in residential mortgage-backed securities, commercial mortgage loans, and other real estate-related assets. The company has a market cap of $1.3 billion as of 2022. Chimera was founded in 2007 and is headquartered in New York, NY.
– Orchid Island Capital Inc ($NYSE:ORC)
Orchid Island Capital Inc is a real estate investment trust that specializes in investing in residential mortgage-backed securities. The company has a market cap of 324.1M as of 2022. Orchid Island Capital Inc is headquartered in Vero Beach, Florida.
Summary
Investors in AGNC Investment Corp have seen a decrease in their holdings as Mirae Asset Global Investments Co. Ltd. has recently cut its position in the company. Analysis of the stock’s performance has revealed that its recent price has dropped on the NASDAQ Global Select Market, sparking investor concern.
However, AGNC Investment Corp remains one of the top mREITs in the market and its Dividend Yield and Leverage Ratio are still above average. Moreover, the company has seen an increase in its book value per share and a decrease in its discount to book value, demonstrating potential for growth. Furthermore, AGNC Investment Corp has taken steps to diversify its portfolio and reduce operating costs, leading to improved profitability. Investors should take time to assess the company’s performance and assess the risk-adjusted returns of its portfolio before making investment decisions.
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