founded in 2008, agnc investment corp. (nasdaq: agnc) is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities guaranteed by a u.s. government agency or a u.s. government-sponsored entity on a leveraged basis. agnc’s principal investment objective is to provide our stockholders with attractive risk-adjusted returns through a combination of monthly dividends and net asset value accretion. as of march 31, 2018, agnc had a market capitalization of $7.4 billion and total assets of $69.2 billion. agnc is the largest internally-managed residential mortgage reit and one of only three residential mortgage reits with a market cap over $5 billion. agnc is headquartered in bethesda, maryland. our affiliates: mtge investment corp. (nasdaq: mtge) is a real estate investment trust that invests in agency and non-agency mortgage backed securities, other mortgage-related investments and healthcare-related real estate investments. mtge is ext
Company profile
Ticker
AGNC, AGNCN, AGNCM, AGNCO, AGNCP, AGNCL
Exchange
Website
CEO
Gary Kain
Employees
Location
Fiscal year end
Industry (SIC)
Former names
American Capital Agency Corp
SEC CIK
Corporate docs
IRS number
261701984
AGNC stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Announces Third Quarter 2023 Financial Results
30 Oct 23
8-K
AGNC Investment Corp. Announces Preliminary Estimates for Third Quarter 2023
23 Oct 23
8-K
Other Events
12 Oct 23
424B5
Prospectus supplement for primary offering
12 Oct 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Announces Second Quarter 2023 Financial Results
24 Jul 23
8-K
Amendments to Articles of Incorporation or Bylaws
21 Jul 23
10-Q
2023 Q1
Quarterly report
8 May 23
8-K
Submission of Matters to a Vote of Security Holders
24 Apr 23
Transcripts
AGNC
Earnings call transcript
2023 Q3
31 Oct 23
AGNC
Earnings call transcript
2023 Q2
25 Jul 23
AGNC
Earnings call transcript
2023 Q1
25 Apr 23
AGNC
Earnings call transcript
2022 Q4
31 Jan 23
AGNC
Earnings call transcript
2022 Q3
25 Oct 22
AGNC
Earnings call transcript
2022 Q2
26 Jul 22
AGNC
Earnings call transcript
2022 Q1
3 May 22
AGNC
Earnings call transcript
2021 Q4
1 Feb 22
AGNC
Earnings call transcript
2021 Q3
26 Oct 21
AGNC
Earnings call transcript
2021 Q2
27 Jul 21
Latest ownership filings
4
Christopher Kuehl
13 Nov 23
4
Bernice Bell
13 Nov 23
144
Notice of proposed sale of securities
8 Nov 23
144
Notice of proposed sale of securities
8 Nov 23
4
Bernice Bell
1 Sep 23
144
Notice of proposed sale of securities
31 Aug 23
4
Morris A. Davis
28 Jul 23
4
Sean Reid
25 May 23
4
Prue Larocca
17 May 23
144
Notice of proposed sale of securities
16 May 23
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Sep 20 | |
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| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.88 bn | 1.88 bn | 1.88 bn | 1.88 bn | 1.88 bn | 1.88 bn |
| Cash burn (monthly) | (no burn) | 106.67 mm | 15.33 mm | 13.67 mm | 17.33 mm | (no burn) |
| Cash used (since last report) | n/a | 227.89 mm | 32.76 mm | 29.20 mm | 37.03 mm | n/a |
| Cash remaining | n/a | 1.65 bn | 1.85 bn | 1.85 bn | 1.84 bn | n/a |
| Runway (months of cash) | n/a | 15.5 | 120.6 | 135.6 | 106.4 | n/a |
Institutional ownership, Q3 2023
35.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 415 |
| Opened positions | 55 |
| Closed positions | 61 |
| Increased positions | 194 |
| Reduced positions | 89 |
| 13F shares | Current |
|---|---|
| Total value | 2.26 tn |
| Total shares | 239.54 mm |
| Total puts | 12.74 mm |
| Total calls | 9.80 mm |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 57.35 mm | $541.36 bn |
| BLK Blackrock | 31.83 mm | $300.43 bn |
| STT State Street | 15.40 mm | $147.08 bn |
| Geode Capital Management | 9.19 mm | $86.74 bn |
| Clearbridge Advisors | 7.30 mm | $68.92 bn |
| Allspring Global Investments | 7.29 mm | $68.79 bn |
| Equity Investment | 6.34 mm | $59.89 bn |
| NTRS Northern Trust | 5.54 mm | $52.30 bn |
| MS Morgan Stanley | 4.37 mm | $41.28 bn |
| Charles Schwab Investment Management | 3.82 mm | $36.05 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Nov 23 | Kuehl Christopher | Common Stock | Sell | Dispose S | No | Yes | 8.5 | 65,000 | 552.50 k | 661,843.445 |
| 8 Nov 23 | Bernice Bell | Common Stock | Sell | Dispose S | No | No | 8.44 | 6,000 | 50.64 k | 260,139.311 |
| 31 Aug 23 | Bernice Bell | Common Stock | Sell | Dispose S | No | No | 9.93 | 5,000 | 49.65 k | 258,947.311 |
| 27 Jul 23 | Davis Morris A. | Common Stock, par value $0.01 per share | Buy | Acquire P | No | No | 10.476 | 4,772 | 49.99 k | 55,059.946 |
| 24 May 23 | Sean Reid | Common Stock | Buy | Acquire P | Yes | No | 8.91 | 11,000 | 98.01 k | 11,000 |
News
Barclays Initiates Coverage On AGNC Investment with Equal-Weight Rating, Announces Price Target of $8
15 Nov 23
Jim Cramer Asks Why The World's Largest Healthcare Products Company Has 'An Ill-Advised Strategy'
8 Nov 23
RBC Capital Maintains Outperform on AGNC Investment, Lowers Price Target to $9
3 Nov 23
AGNC Investment Q3 Adj EPS $0.65 Beats $0.62 Estimate
30 Oct 23
Earnings Scheduled For October 30, 2023
30 Oct 23
Press releases
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for October 2023
11 Oct 23
AGNC Investment Corp. Announces Date for Third Quarter Earnings Release and Stockholder Call
10 Oct 23
Thinking about buying stock in Maris Tech, AGNC Investment, Hub Cyber Security, M-Tron Industries, or Shift Technologies?
10 Oct 23
AGNC Investment Corp. Announces Corrections to Previously Announced Dividends on Series C Preferred Stock
2 Oct 23
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for September 2023
13 Sep 23