AGNC Investment Corp. Common Stock (AGNC)

FairStock Score: 73/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at AGNC first as a mortgage REIT, not an operating company. It buys agency-backed residential mortgage securities and finances them with leverage. That means credit risk is largely transferred to the U.S. government or its agencies, but the equity is still exposed to interest-rate spreads, funding costs, and book-value swings. There is no real moat: capital is commodity-like, and the company is a price-taker. The filed record is volatile. In fiscal Q1 2026, the quarter ended 2026-03-31, AGNC lost $148 million, or $0.17 per diluted share. In fiscal Q2 2026, the quarter ended 2026-06-30, it earned $654 million, or $0.52 per diluted share. Fiscal Q3 2025 earned $806 million, or $0.72, while fiscal Q2 2025 lost $140 million, or $0.17. Full-year net income was $155 million in FY2023, $863 million in FY2024, and $1.7 billion in FY2025, with diluted EPS of $0.05, $0.93, and $1.47 respectively. That is a huge swing, not smooth compounding. At the 2026-10-13 close of $8.61, FairStock shows a P/E of 4.28, P/B of 0.95, ROE of 19.80%, ROCE of only 2.02%, and D/E of 7.17. The 14.59% dividend yield is eye-catching, but high leverage and a Piotroski F-Score of 4/9 argue for caution. FairStock's Lynch category is TURNAROUND, because it returned to profit after a loss within the last three years. The FairStock Score is 73/100. CET1, NIM, and combined ratio are not in the data. I would call the price statistically cheap against book, but the quality and predictability are not what I want in a core holding.

In plain English: AGNC invests in home-loan securities backed by U.S. government-related agencies and funds them mostly with borrowed money. Its profits swing a lot from quarter to quarter, and the company uses heavy debt, making it riskier than a typical stock. At the recent $8.61 close, the price looks inexpensive compared with its accounting book value and high dividend, but earnings are not steady enough to call the business clearly strong.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer