Professional
Added to YB: 2024-05-08
Pitch date: 2024-05-02
AGNC [bullish]
AGNC Investment Corp.
+39.37%
current return
Author Info
No bio for this author
Company Info
AGNC Investment Corp. provides private capital to housing market in the United States. The company 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.
Market Cap
$11.2B
Pitch Price
$7.43
Price Target
N/A
Dividend
13.77%
EV/EBITDA
N/A
P/E
14.86
EV/Sales
N/A
Sector
Mortgage Real Estate Investment Trusts (REITs)
Category
dividend
Appleseed Fund New Portfolio Holding: AGNC Investment Corp.
AGNC: Best-in-class agency RMBS REIT at discount to tangible book. Mid-teens yield. Spreads 3+ std dev wide - normalization would drive upside. Collecting ~1.3% monthly dividend while waiting. Attractive risk/reward.
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