Professional
Added to YB: 2024-05-08
Pitch date: 2024-05-02
AGNC [bullish]
AGNC Investment Corp.
+43.41%
current return
Author Info
No bio for this author
Company Info
AGNC Investment Corp. provides private capital to housing market 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.
Market Cap
$12.5B
Pitch Price
$7.11
Price Target
N/A
Dividend
12.78%
EV/EBITDA
N/A
P/E
7.67
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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