AGNC Investment Corp. (AGNC) is a publicly traded company in the Real Estate — REIT - Mortgage industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
AGNC Investment Corp. functions as a U.S.-based real estate investment trust (REIT). The firm primarily concentrates its investments on residential mortgage-backed securities (RMBS) and collateralized mortgage obligations (CMOs). A defining feature of these securities is that their principal and interest payments are secured by guarantees from either U.S. government-sponsored entities or federal government agencies.
Is AGNC Investment Corp. stock overvalued or undervalued in 2026?
AGNC Investment Corp. (AGNC) trades at 126× earnings (P/E). At its 10-year average P/FFO (14.6×) $9 (+6 %); at the decade median (5.6×) $4 (-59 %).
Kaplio overview: AGNC Investment Corp.
Market cap $10B · 52 weeks $8 – $12 (21 % below the high) · P/E 126× · 2027 expected P/E 6.1× · Dividend 16.2 % · Next earnings January 25, 2027 · expected EPS $0.38 · Closing price, Oct 28 · accounts published Oct 19.
- Valuation: P/FFO 13.8× (fairly priced).
- Business: FFO/dividend 0.4× (weak).
- Balance sheet: Net debt/EBITDA 21.6× (fragile).
- Earnings: 3 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (14.6×) $9 (+6 %); at the decade median (5.6×) $4 (-59 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 0 of 4 pass
- Dividend coverage (FFO/div) 0.4×, fails.
- Debt / Assets 88.5 %, fails.
- Net debt / EBITDA 21.6×, fails.
- P/FFO 13.8×, borderline.
- FFO / Share $0.64, info.
Against its peers (reference peers) — AGNC Investment Corp.: P/B 0.9×; Div. yield 16.2 %; EV/EBITDA 64.2×; $10.5B. Annaly Capital Management, Inc. (P/B 0.9×; Div. yield 15.9 %; EV/EBITDA 27.2×; $13.8B), Dynex Capital, Inc. (P/B 0.9×; Div. yield 18.8 %; EV/EBITDA 43.8×; $2.7B), Starwood Property Trust, Inc. (P/B 0.7×; Div. yield 15.9 %; EV/EBITDA 15.8×; $4.5B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 13.8× · median 5.6× · minimum 4.2× · maximum 83.9× · cheap below 5.1× · expensive above 9.8×. It has been cheaper than today 80% of the time over its last ten fiscal years.
Dividend
fragile · Yield 16.2 % ($1.57 per share in 2025) · 5-year growth -2 % a year · Free cash flow coverage FFO payout 245 % · With $1,000 invested today you'd collect $162.50 a year ($13.54 a month).
Profitability
| Return on Equity | 0.48% |
| Return on Invested Capital | 2.86% |
| Return on Assets | 0.04% |
| Gross Margin | 78.60% |
| Operating Margin | 88.36% |
| Net Margin | 1.68% |
Financial Health
| Debt / Equity | 8.37 |
| Current Ratio | 0.02 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -0.94 |
Price Performance
| 1 month | -6.24% |
| 3 months | -16.89% |
| Year-to-date | -17.35% |
| 1 year | -11.93% |
| 3 years | +27.67% |
| 5 years | -44.35% |
| 10 years | -55.83% |
Dividend History
Paid in the last 12 months: $1.4400 per share in 12 payments.
| Date | Amount |
|---|---|
| 2026-10-30 | $0.1200 |
| 2026-09-30 | $0.1200 |
| 2026-08-31 | $0.1200 |
| 2026-07-31 | $0.1200 |
| 2026-06-30 | $0.1200 |
| 2026-05-29 | $0.1200 |
| 2026-04-30 | $0.1200 |
| 2026-03-31 | $0.1200 |
| 2026-02-27 | $0.1200 |
| 2026-01-30 | $0.1200 |
Amounts adjusted for stock splits.
Related companies: NLY · DX · 0H6E.L · STWD · RWTN
Explore sector: Real Estate · REIT - Mortgage
More sections of AGNC: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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