AG
AGNC Investment Corp
AGNC—
AGNC Investment Corp AI Insights
Informational only. Not investment advice.Snapshot
- Revenue TTM up 122% YoY vs industry median 2.3% - massive outperformance driven by rate environment positioning[Total Revenue 1Y Growth]
- Net margin 87.7% TTM vs industry median 14.7% - 6x advantage reflects mREIT leverage model efficiency[Net Margin TTM]
- ROE 9.6% TTM vs industry median 4.5% - 2x peer returns despite 109B asset base with minimal debt/equity (0.006)[ROE TTM]
Watch Triggers
- Interest Expense TTM: Exceeds 3.2B (12% increase) — Spread compression would eliminate net income given 2.85B already exceeds 956M revenue
- Tangible Book Value: Falls below 8B (10% decline) — MBS mark-to-market losses would signal portfolio stress and potential equity raise
- Net Investment Purchase and Sale: Turns positive (net selling) — Portfolio liquidation would indicate defensive positioning or liquidity needs
Bull Case
122% revenue growth with 87.7% net margin TTM demonstrates exceptional rate cycle positioning. ROE 9.6% doubles industry median with FCF of 604M funding operations.
Total Revenue 1Y GrowthNet Margin TTMROE TTM
Near-zero debt/equity (0.006) with 1.9B cash provides flexibility. 22B investment purchases show active portfolio management to capture spread opportunities.
Debt to EquityEnd Cash PositionPurchase of Investment
Bear Case
Interest expense 2.85B TTM is 3x revenue - any spread compression destroys profitability. 97.5B liabilities on 11.4B equity = 8.5x leverage amplifies losses.
Interest Expense TTMTotal LiabilitiesTotal Equity
Dividends paid per share shows 0 TTM vs industry activity - potential distribution sustainability concerns for income-focused investors.
Dividends Paid Per Share TTM
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
45%
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Forward Thesis
Interest income sustainability depends on Fed rate trajectory and MBS spread compression
3-12mmed
- Interest income 903M TTM anchors revenue
- 2.85B interest expense creates rate sensitivity
- 22B investment purchases signal active repositioning
Revenue 122% growth driven by rate environmentNet investment outflow -5.5B indicates portfolio churnFCF 604M TTM covers operations
Book value stability at risk if MBS marks deteriorate in rising rate scenario
1-3ymed
- Tangible book 8.95B vs 109B assets = 8% equity cushion
- Gain on sale 688M boosted current results
- Preferred issuance 334M signals capital needs
Total equity 11.4B supports 97.5B liabilitiesGoodwill 526M is 5.5% of equity - manageableCash position stable at 1.9B
Valuation Context
Caveats
Public Strategies Rankings
See how AGNC Investment Corp ranks across different investment strategies.
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AGNC Fundamentals
Real Estate and Rental and Leasing → Real Estate
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$12.61B | — | ||
$12.21B | — | ||
18 | — | ||
$956.0M | -24.1% | — | |
$0.67 | -55.0% | — | |
0% | — | ||
87.7% | -3.9% | — | |
$604.0M | — | ||
0.10 | -7.1% | — | |
Beta 5Y (Monthly) | unknown | — |
AGNC Dividend History
162 dividends
2026
$0.120001/30/26$0.1200
2025
$1.440012/31/25$0.1200
11/28/25$0.1200
10/31/25$0.1200
09/30/25$0.1200
08/29/25$0.1200
07/31/25$0.1200
06/30/25$0.1200
05/30/25$0.1200
04/30/25$0.1200
03/31/25$0.1200
02/28/25$0.1200
01/31/25$0.1200
2024
$1.440012/31/24$0.1200
11/29/24$0.1200
10/31/24$0.1200
09/30/24$0.1200
08/30/24$0.1200
07/31/24$0.1200
06/28/24$0.1200
05/31/24$0.1200
04/29/24$0.1200
03/27/24$0.1200
02/28/24$0.1200
01/30/24$0.1200
2023
$1.440012/28/23$0.1200
11/29/23$0.1200
10/30/23$0.1200
09/28/23$0.1200
08/30/23$0.1200
07/28/23$0.1200
06/29/23$0.1200
05/30/23$0.1200
04/27/23$0.1200
03/30/23$0.1200
02/27/23$0.1200
01/30/23$0.1200
2022
$1.440012/29/22$0.1200
11/29/22$0.1200
10/28/22$0.1200
09/29/22$0.1200
08/30/22$0.1200
07/28/22$0.1200
06/29/22$0.1200
05/27/22$0.1200
04/28/22$0.1200
03/30/22$0.1200
02/25/22$0.1200
01/28/22$0.1200
2021
$1.440012/30/21$0.1200
11/29/21$0.1200
10/28/21$0.1200
09/29/21$0.1200
08/30/21$0.1200
07/29/21$0.1200
06/29/21$0.1200
05/27/21$0.1200
04/29/21$0.1200
03/30/21$0.1200
02/25/21$0.1200
01/28/21$0.1200
2020
$1.560012/30/20$0.1200
11/27/20$0.1200
10/29/20$0.1200
09/29/20$0.1200
08/28/20$0.1200
07/30/20$0.1200
06/29/20$0.1200
05/28/20$0.1200
04/29/20$0.1200
03/30/20$0.1600
02/27/20$0.1600
01/30/20$0.1600
2019
$2.000012/30/19$0.1600
11/27/19$0.1600
10/30/19$0.1600
09/27/19$0.1600
08/29/19$0.1600
07/30/19$0.1600
06/27/19$0.1600
05/30/19$0.1600
04/29/19$0.1800
03/28/19$0.1800
02/27/19$0.1800
01/30/19$0.1800
2018
$2.160012/28/18$0.1800
11/29/18$0.1800
10/30/18$0.1800
09/27/18$0.1800
08/30/18$0.1800
07/30/18$0.1800
06/28/18$0.1800
05/30/18$0.1800
04/27/18$0.1800
03/28/18$0.1800
02/27/18$0.1800
01/30/18$0.1800
2017
$2.160012/28/17$0.1800
11/29/17$0.1800
10/30/17$0.1800
09/28/17$0.1800
08/29/17$0.1800
07/27/17$0.1800
06/28/17$0.1800
05/26/17$0.1800
04/26/17$0.1800
03/29/17$0.1800
02/24/17$0.1800
01/27/17$0.1800
2016
$2.300012/28/16$0.1800
11/28/16$0.1800
10/27/16$0.1800
09/28/16$0.1800
08/29/16$0.1800
07/27/16$0.2000
06/28/16$0.2000
05/26/16$0.2000
04/27/16$0.2000
03/29/16$0.2000
02/25/16$0.2000
01/27/16$0.2000
2015
$2.480012/29/15$0.2000
11/25/15$0.2000
10/28/15$0.2000
09/28/15$0.2000
08/27/15$0.2000
07/29/15$0.2000
06/26/15$0.2000
05/27/15$0.2000
04/28/15$0.2200
03/27/15$0.2200
02/25/15$0.2200
01/28/15$0.2200
2014
$2.610012/29/14$0.2200
11/25/14$0.2200
10/29/14$0.2200
09/26/14$0.6500
06/26/14$0.6500
03/27/14$0.6500
2013
$3.750012/27/13$0.6500
09/26/13$0.8000
06/26/13$1.0500
03/18/13$1.2500
2012
$5.000012/24/12$1.2500
09/19/12$1.2500
06/19/12$1.2500
03/05/12$1.2500
2011
$5.600012/20/11$1.4000
09/21/11$1.4000
06/21/11$1.4000
03/21/11$1.4000
2010
$5.600012/29/10$1.4000
09/24/10$1.4000
06/28/10$1.4000
03/29/10$1.4000
2009
$5.150012/29/09$1.4000
09/30/09$1.4000
06/30/09$1.5000
03/31/09$0.8500
2008
$2.510012/29/08$1.2000
09/25/08$1.0000
06/30/08$0.3100
AGNC Stock Splits
No stock splits
AGNC SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
10/31/25 | 09/30/25 | 10-Q | |
08/01/25 | 06/30/25 | 10-Q | |
05/02/25 | 03/31/25 | 10-Q | |
02/21/25 | 12/31/24 | 10-K | |
11/01/24 | 09/30/24 | 10-Q | |
08/05/24 | 06/30/24 | 10-Q | |
05/07/24 | 03/31/24 | 10-Q | |
02/22/24 | 12/31/23 | 10-K | |
11/06/23 | 09/30/23 | 10-Q | |
08/03/23 | 06/30/23 | 10-Q | |
05/08/23 | 03/31/23 | 10-Q | |
02/27/23 | 12/31/22 | 10-K | |
11/07/22 | 09/30/22 | 10-Q | |
08/04/22 | 06/30/22 | 10-Q | |
05/09/22 | 03/31/22 | 10-Q | |
02/23/22 | 12/31/21 | 10-K | |
11/05/21 | 09/30/21 | 10-Q | |
08/05/21 | 06/30/21 | 10-Q | |
05/07/21 | 03/31/21 | 10-Q | |
02/26/21 | 12/31/20 | 10-K | |
11/05/20 | 09/30/20 | 10-Q | |
08/07/20 | 06/30/20 | 10-Q | |
05/11/20 | 03/31/20 | 10-Q | |
02/25/20 | 12/31/19 | 10-K | |
11/05/19 | 09/30/19 | 10-Q | |
08/05/19 | 06/30/19 | 10-Q | |
05/03/19 | 03/31/19 | 10-Q | |
02/22/19 | 12/31/18 | 10-K | |
11/05/18 | 09/30/18 | 10-Q | |
08/06/18 | 06/30/18 | 10-Q | |
05/07/18 | 03/31/18 | 10-Q | |
02/26/18 | 12/31/17 | 10-K | |
11/03/17 | 09/30/17 | 10-Q | |
08/03/17 | 06/30/17 | 10-Q | |
05/08/17 | 03/31/17 | 10-Q | |
02/27/17 | 12/31/16 | 10-K | |
11/07/16 | 09/30/16 | 10-Q | |
08/05/16 | 06/30/16 | 10-Q | |
05/05/16 | 03/31/16 | 10-Q | |
02/23/16 | 12/31/15 | 10-K | |
11/06/15 | 09/30/15 | 10-Q | |
08/05/15 | 06/30/15 | 10-Q | |
05/06/15 | 03/31/15 | 10-Q | |
02/25/15 | 12/31/14 | 10-K | |
11/06/14 | 09/30/14 | 10-Q | |
08/07/14 | 06/30/14 | 10-Q | |
05/09/14 | 03/31/14 | 10-Q | |
02/27/14 | 12/31/13 | 10-K | |
11/07/13 | 09/30/13 | 10-Q | |
08/08/13 | 06/30/13 | 10-Q | |
05/09/13 | 03/31/13 | 10-Q | |
02/27/13 | 12/31/12 | 10-K | |
11/08/12 | 09/30/12 | 10-Q | |
08/09/12 | 06/30/12 | 10-Q | |
05/10/12 | 03/31/12 | 10-Q | |
02/23/12 | 12/31/11 | 10-K | |
11/07/11 | 09/30/11 | 10-Q | |
08/09/11 | 06/30/11 | 10-Q | |
05/06/11 | 03/31/11 | 10-Q | |
02/25/11 | 12/31/10 | 10-K | |
11/08/10 | 09/30/10 | 10-Q | |
08/06/10 | 06/30/10 | 10-Q | |
05/03/10 | 03/31/10 | 10-Q | |
02/24/10 | 12/31/09 | 10-K | |
10/22/09 | 09/30/09 | 10-Q | |
07/31/09 | 06/30/09 | 10-Q | |
05/06/09 | 03/30/09 | 10-Q | |
02/17/09 | 12/31/08 | 10-K | |
10/31/08 | 09/30/08 | 10-Q | |
08/14/08 | 06/30/08 | 10-Q |