More and more people are talking about AGNC Investment over the last few weeks. Is it worth buying the Specialty Real Estate Investment Trust stock at a price of $23.2? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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AGNC Investment has moved 17.1% over the last year, and the S&P 500 logged a change of 24.6%
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Its trailing earnings per share (EPS) is $-1.86
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AGNC Investment has a trailing 12 month Price to Earnings (P/E) ratio of -12.5 while the S&P 500 average is 15.97
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The company has a Price to Book (P/B) ratio of 2.58 in contrast to the S&P 500's average ratio of 2.95
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AGNC Investment is part of the Real Estate sector, which has an average P/E ratio of 25.55 and an average P/B of 2.1
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AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. The company funds its investments primarily through collateralized borrowings structured as repurchase agreements. It has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.
