AGNC Falls 1.72%, Lagging Major U.S. Indexes

AGNC Investment fell 1.72% to $9.46 in its latest close, lagging the S&P 500, Dow and Nasdaq. Those indexes declined 0.77%, 0.67% and 0.92%, respectively.

Over the past month, the real estate investment trust lost 11.74%. The Finance sector fell 3.48%, while the S&P 500 gained 0.96%.

Zacks consensus estimates call for earnings of $0.39 per share in the upcoming report, up 11.43% from the same quarter a year earlier. The revenue estimate is $428.4 million, a projected 189.46% increase.

For the full year, Zacks consensus estimates put earnings at $1.60 per share and revenue at $1.47 billion. Those figures represent projected gains of 6.67% and 117.69%, respectively, from the prior year.

The consensus estimate for earnings per share has not changed over the past month. AGNC trades at a forward price-to-earnings ratio of 6.03, compared with an industry average of 7.22, according to the article.