AGNC Investment Corp. Depositary Shares each representing a 1/1000th interest in a share of 6.50% Series E Fixed-to-Floating Cumulative Redeemable Preferred Stock (AGNCO)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

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

I view AGNCO not as a common stock but as a cumulative preferred claim on AGNC Investment Corp., a mortgage REIT that invests in agency-guaranteed residential mortgage securities. The preferred carries a 6.50% coupon, trades at $25.15 as of 2026-10-13, and sits in a 52-week range of $24.39–$25.74, so the market is pricing it close to par. The parent's economics are not a conventional moat: with only 54 employees, scale and repo funding matter, but spreads, hedges, and interest-rate moves dominate. Financial health is mixed. FairStock shows ROE of 19.80%, but ROCE of only 2.02% suggests headline returns are leveraged. Earnings are volatile: FY2023 net income was $155M, FY2024 was $863M, and FY2025 was $1.7B; Q1 2026 had a $148M loss before Q2 2026 earned $654M. The P/E of -13.52 and EPS of -$1.86 reflect those swings, while P/B of 2.77 and D/E of 7.17 warn that leverage and book-value sensitivity are high. Piotroski F-Score of 4/9 and FairStock Score of 66/100 suggest average quality, not a bargain. The given revenue growth of 710.71% and profit growth of 567.14% look dramatic but are from a volatile base, so I would not treat them as durable. For a preferred investor, the key is dividend coverage and asset coverage, not common earnings growth. CET1, NIM, and combined ratio are not in the data. At $25.15, the preferred looks roughly fair: it offers a contractual coupon and seniority, but the underlying REIT remains rate-sensitive and highly levered.

In plain English: AGNC invests in U.S. home loan bonds that are backed by government-related agencies. Its profits can swing a lot from quarter to quarter, and it uses a lot of borrowed money, so it is not a steady, simple business. The preferred shares pay a 6.50% dividend and trade at $25.15, near the middle of their 52-week range; based on the numbers given, the price looks roughly fair rather than clearly cheap or expensive.

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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