American Capital Agency (AGNC) has an average broker rating of 2.18, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
American Capital Agency (AGNC) : The highest short term price target forecast on American Capital Agency (AGNC) is $22 and the lowest target price is $20. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $20.94 with a standard deviation of $1.02.
Company shares have received an average consensus rating of Hold for the current week American Capital Agency (NASDAQ:AGNC): The stock opened at $20.04 on Thursday but the bulls could not build on the opening and the stock topped out at $20.04 for the day. The stock traded down to $19.82 during the day, due to lack of any buying support eventually closed down at $19.95 with a loss of -0.20% for the day. The stock had closed at $19.99 on the previous day. The total traded volume was 2,038,250 shares.
In a related news,The officer (Director, CEO, Pres. and CIO) of American Capital Agency Corp, Kain Gary D sold 368,953 shares at $19.55 on July 5, 2016. The Insider selling transaction had a total value worth of $7,213,031. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.