AGNC Investment raised $509 million in Q1, shares trading below $9, caution advised

From Yahoo Finance: 2025-05-03 04:05:00

AGNC Investment raised $509 million in the first quarter of 2025 by selling 49.7 million shares at around $10.24 per share, currently trading below $9 with a yield over 16%. The mortgage REIT is a complex dividend stock, cautioning investors due to past dividend cuts. Tangible net book value declined from $8.41 to $8.25 per share. Interest rate concerns and housing market instability impacted the stock, which dropped 15% from its 2025 high. AGNC Investment may not be a reliable income source, historically underperforming. Consider buying below tangible net book value, not above $10 per share.



Read more at Yahoo Finance: Should You Buy AGNC Investment While It’s Below $10?