AGNC Investment Corp (OQ:AGNC)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 7373 Wisconsin Avenue, 22Nd Floor
BETHESDA MD 20814
Tel: N/A
Website: https://agnc.com
IR: See website
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Key People
Gary D. Kain
Executive Chairman of the Board
Peter J. Federico
President, Chief Executive Officer, Director
Bernice E. Bell
Chief Financial Officer, Executive Vice President
Christopher J. Kuehl
Executive Vice President, Chief Investment Officer
Kenneth L. Pollack
Executive Vice President, Chief Compliance Officer, General Counsel, Company Secretary
Sean P. Reid
Executive Vice President - Strategy and Corporate Development
Business Overview
AGNC Investment Corp. is an internally managed real estate investment trust (REIT). The Company provides private capital to the United States housing market, enhancing liquidity in the residential real estate mortgage markets and, in turn, facilitating home ownership in the United States. The Company invest primarily in Agency residential mortgage-backed securities (Agency RMBS) on a leveraged basis. These investments consist of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a United States Government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and together with Fannie Mae, the GSEs), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It may also invest in other assets related to the housing, mortgage or real estate markets.
Financial Overview
For the three months ended 31 March 2024, AGNC Investment Corp revenues increased from $320M to $1.14B. Net income applicable to common stockholders totaled $412M vs. loss of $181M. Revenues reflect Net Interest Spread, Total -% increase of 3% to 2.98%, Gain/Loss on Derivatives - Hedging increase from -$544M to $1.06B, Interest income increase of 83% to $642M. Dividend per share remained flat at $0.36.
Employees: 53 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $70,262M as of Mar 31, 2024
Annual revenue (TTM): $3,357M as of Mar 31, 2024
EBITDA (TTM): $749.00M as of Mar 31, 2024
Net annual income (TTM): $625.00M as of Mar 31, 2024
Free cash flow (TTM): -$1,173M as of Mar 31, 2024
Net Debt Last Fiscal Year: $61,657M as of Mar 31, 2024
Shares outstanding: 726,929,217 as of Apr 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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